HLSE:NDA FIBanks
Nordea Bank (HLSE:NDA FI) Net Profit Margin Drops to 41.3%, Challenging Resilience Narratives
Nordea Bank Abp (HLSE:NDA FI) posted a net profit margin of 41.3%, down from 43.1% last year, with five-year annual earnings growth averaging 15.6%. Despite this solid longer-term trend, the most recent year saw negative earnings growth and the outlook now calls for earnings to decline by -0.03% per year over the next three years, while revenue is expected to edge up just 2.2% per year, a slower pace than Finland’s market average. Against this backdrop, shares trade at €14.63, notably below...