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Nordea Bank Abp

NDAFI.HE

Latest Trade

6.51EUR

Change

-0.02(-0.37%)

Volume

50,218

Today's Range

6.50

 - 

6.51

52 Week Range

5.33

 - 

9.55

As of on the Stockholm Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
6.53
Open
6.51
Volume
50,218
3M AVG Volume
198.41
Today's High
6.51
Today's Low
6.50
52 Week High
9.55
52 Week Low
5.33
Shares Out (MIL)
4,033.10
Market Cap (MIL)
282,438.80
Forward P/E
10.21
Dividend (Yield %)
9.81

Next Event

Valmet Oyj at Nordea Bank Abp Roadshow - Geneva

Latest Developments

More

Nordea Bank Says Sampo Group CEO Kari Stadigh Appointed Chairman Of Nomination Board

Nordea Deputy CEO And Group COO Torsten Hagen Jørgensen And Chief CPO Karen Tobiasen To Step Down And Leave Co

Cevian looking for "dramatically" better profitability under new Nordea CEO

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About Nordea Bank Abp

Nordea Bank Abp is a Finland-based bank engaged in corporate merchant banking, as well as retail banking and private banking. The Bank reports four main business areas, namely Personal Banking, Commercial & Business Banking, Wholesale Banking and Asset & Wealth Management. Personal Banking provides services and solutions for the Bank's household customers in the Nordic markets. Commercial & Business Banking serves large, medium-sized and small corporate customers. Wholesale Banking provides banking and other financial solutions to large-sized Nordic and international corporate, institutional and public companies. Asset & Wealth Management provides investment, savings and risk management products, manages customers’ assets and advises individuals, as well as institutional investors on their financial situation.

Industry

Regional Banks

Contact Info

Satamaradankatu 5

+358.2.0070000

https://www.nordea.fi/en/

Executive Leadership

Torbjorn Magnusson

Chairman of the Board

Frank Vang-Jensen

President and Group Chief Executive Officer, Member of the Group Executive Management

Christopher Rees

Group Chief Financial Officer, Head of Group Finance & Treasury, Member of the Group Executive Management

Matthew Elderfield

Chief Risk Officer, Head of Group Risk and Compliance, Member of the Group Executive Management

Jussi Koskinen

Chief Legal Officer, Deputy Managing Director, Member of the Management Board

Key Stats

2.73 mean rating - 15 analysts
Sell
Hold
Buy
Revenue (MM, EUR)

2016

9.9K

2017

9.5K

2018

9.0K

2019(E)

8.6K
EPS (EUR)

2016

0.930

2017

0.750

2018

0.760

2019(E)

0.623
Price To Earnings (TTM)
11.32
Price To Sales (TTM)
2.82
Price To Book (MRQ)
0.85
Price To Cash Flow (TTM)
8.87
Total Debt To Equity (MRQ)
643.87
LT Debt To Equity (MRQ)
643.87
Return on Investment (TTM)
--
Return on Equity (TTM)
0.41

Latest News

Nordea CFO Rees to leave company

Nordea <NDAFI.HE> said on Wednesday chief financial officer Christopher Rees will leave the Nordic banking group next year to move back to Britain to pursue new opportunities.

Nordea says Danish agency demands repayment of $133 million in tax case

Danish tax agency has demanded Nordea <NDAFI.HE> repay 900 million Danish crowns ($133 million) in relation to a dividend tax refund case.

Danish central bank expected to mirror ECB and cut key rate - analysts

Denmark's central bank could cut its key deposit rate to a record low among developed economies on Thursday if the European Central Bank eases policy earlier in the day via a rate cut and other tools, as expected.

Nordea executives to leave as new CEO makes first mark

Finland's Nordea <NDAFI.HE> said on Tuesday that two senior executives, including its chief operating officer (COO), would leave the banking group, marking the first moves under newly appointed CEO Frank Vang-Jensen.

Norway FSA recommends tightening of mortgage lending rules

Banks in Norway should tighten mortgage lending to households, the financial supervisory authority recommended on Tuesday.

UPDATE 2-Euro zone stocks rally 1% on trade hopes, FTSE lags

* Safran jumps after raising FY profit forecast (Updates to close)

Nordea names former Handelsbanken boss as new CEO

Finland's Nordea <NDAFI.HE> on Thursday named Frank Vang-Jensen, head of personal banking at the Nordic region's biggest bank, as its new chief executive, who pledged to keep a close eye on costs at the group.

Danske Bank poaches Commerzbank finance chief in post-scandal shake-up

Danske Bank <DANSKE.CO> named Stephan Engels from Commerzbank <CBKG.DE> as its finance chief on Thursday, in an ongoing overhaul by the Danish lender's new boss to restore trust after its involvement in a damaging money laundering scandal.

Nordea names former Handelsbanken chief Vang-Jensen as its new CEO

Finland's Nordea said on Thursday it had appointed its head of personal banking at the Nordic region's biggest bank, Frank Vang-Jensen, as its new top executive.

UPDATE 2-Swedish buyout firm EQT launches IPO to aid global growth

* Existing shareholders will also cut stakes (Adds quotes from EQT chief executive, further background)

Sweden to introduce bank tax to fund defence boost

Swedish Finance Minister Magdalena Andersson said on Saturday the centre-left coalition government would introduce a bank tax to help fund greater defence spending from 2022.

Sweden to introduce bank tax to fund greater defence spending - Fin Min

STOCKHOLM, Aug 31 (euters) - Swedish Finance Minister Magdalena Andersson said on Saturday the centre-left coalition government would introduce a bank tax to fund greater defence spending from 2022.

Brazil officials, Bolsonaro's son meet with Trump to discuss Amazon fires

Brazil's foreign minister and President Jair Bolsonaro's son met with U.S. President Donald Trump on Friday to discuss the fires ravaging the Amazon rainforest, although no concrete measures to deal with the blazes were announced.

Nordea Asset Management suspends Brazilian government bond purchases due to Amazon fires

The asset management arm of Nordea <NDAFI.HE>, one of the Nordics' biggest banks, said it is suspending purchases of Brazilian government bonds, the latest Nordic investor to take action in response to the outbreak of Amazon forest fires.

Finland's Solidium plans to cut number of holdings over time

The head of the Finnish government's investment firm Solidium said on Wednesday it made sense to concentrate its holdings and lower the number of companies in which it has stakes from 14.

Norway banks expect unchanged demand for credit in Q3 -c.bank

Norwegian banks expect only minor changes in credit demand, credit standards, loan conditions and lending margins in the third quarter, both for households and companies, a central bank survey of the industry showed on Thursday.

UPDATE 2-Finnish insurer Sampo eyes new Nordic investments

Finnish insurance group Sampo could increase investment across the Nordic financial sector with surplus capital after reducing its stake in regional bank Nordea, its chief executive said.

Sampo Q2 pre-tax profit drops 29%, beats forecasts

Financial group Sampo posted a smaller than expected drop in second-quarter earnings on Wednesday and said its largest insurance unit would be more profitable this year than previously anticipated.

UPDATE 2-EU urges reforms against multi-billion-euro flow of dirty money

* EU adds football, free ports to list of risky sectors (Adds EBA)

Nordea to review targets after tough second quarter for Nordic banks

Nordea <NDAFI.HE>, the biggest bank in the Nordics, said it would review its financial targets in coming months, as the region's lenders struggle with weak growth at home and rising compliance costs from money laundering scandals overseas.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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