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Nordea Bank Abp
Previous close
kr 78.66
Day range
kr 79.04 - kr 80.08
Year range
kr 73.00 - kr 87.90
Market cap
37.74B DKK
Avg Volume
486.10K
P/E ratio
56.04
Dividend yield
1.15%
Primary exchange
HEL
Market news
Financials
Income Statement
Revenue
Net income
(EUR) | Sep 2024info | Y/Y change |
---|---|---|
Revenue | 2.96B | 1.47% |
Operating expense | 1.32B | 10.47% |
Net income | 1.27B | -5.87% |
Net profit margin | 42.74 | -7.25% |
Earnings per share | 0.36 | -5.26% |
EBITDA | — | — |
Effective tax rate | 22.52% | — |
Balance Sheet
Total assets
Total liabilities
(EUR) | Sep 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 74.58B | -19.39% |
Total assets | 617.42B | 1.24% |
Total liabilities | 585.96B | 1.12% |
Total equity | 31.45B | — |
Shares outstanding | 3.50B | — |
Price to book | 8.75 | — |
Return on assets | 0.83% | — |
Return on capital | — | — |
Cash Flow
Net change in cash
(EUR) | Sep 2024info | Y/Y change |
---|---|---|
Net income | 1.27B | -5.87% |
Cash from operations | 8.16B | 627.33% |
Cash from investing | -142.00M | -18.33% |
Cash from financing | 713.00M | 236.33% |
Net change in cash | 8.22B | 577.89% |
Free cash flow | — | — |
About
Nordea Bank Abp, commonly referred to as Nordea, is a Nordic financial services group operating in northern Europe with headquarters in Helsinki, Finland. The name is a blend of the words "Nordic" and "idea". The bank is the result of the successive mergers and acquisitions of the Finnish, Swedish, Danish, and Norwegian banks of Merita Bank, Nordbanken, Unidanmark, and Christiania Bank og Kreditkasse that took place between 1997 and 2001. The Nordic countries are considered Nordea's home market, having finalised the sales of their Polish bank in 2014, Baltic operations in 2019 and completed the exit from Russia in early 2022 following a 2019 decision to close the business there. Nordea is listed on Nasdaq Nordic exchanges in Helsinki, Copenhagen, and Stockholm and Nordea ADR is listed in the US.
Nordea serves 9.3 million private and 530,000 active corporate customers, including 2,650 large corporates and institutions. Nordea's credit portfolio is distributed across Finland, Denmark, Norway, and Sweden. There are four Business Areas at Nordea, Personal Banking, Business Banking, Large Corporates & Institutions, and Asset & Wealth Management. Wikipedia
Founded
2000
Website
Employees
29,895