Nordea Bank Abp (BRSE:NDB) - Stock Price, News & Analysis

NDB Stock Overview

Offers banking products and services in Sweden, Finland, Norway, Denmark, and internationally.

NDB fundamental analysis
Snowflake Score
Valuation	6/6
Future Growth	0/6
Past Performance	3/6
Financial Health	6/6
Dividends	5/6

Rewards

Trading at 61.7% below our estimate of its fair value

Earnings have grown 24.6% per year over the past 5 years

Trading at good value compared to peers and industry

Analysts in good agreement that stock price will rise by 22.2%

Risk Analysis

Earnings are forecast to decline by an average of 3.9% per year for the next 3 years

Unstable dividend track record

Nordea Bank Abp Competitors

Liechtensteinische Landesbank

SWX:LLBN

CHF 2.3b

Banque Cantonale Vaudoise

SWX:BCVN

CHF 7.9b

Graubündner Kantonalbank

SWX:GRKP

CHF 4.2b

First Abu Dhabi Bank P.J.S.C

ADX:FAB

د.إ147.1b

Price History & Performance

Summary of all time highs, changes and price drops for Nordea Bank Abp
Historical stock prices
Current Share Price	SEK 12.00
52 Week High	SEK 0
52 Week Low	SEK 0
Beta	0.66
11 Month Change	0%
3 Month Change	0%
1 Year Change	-0.25%
33 Year Change	-0.25%
5 Year Change	60.00%
Change since IPO	12.68%

Recent updates

Shareholder Returns

	NDB	CH Banks	CH Market
7D	0%	-0.9%	1.0%
1Y	-0.2%	-0.5%	8.6%

Return vs Industry: NDB matched the Swiss Banks industry which returned -0.5% over the past year.

Return vs Market: NDB underperformed the Swiss Market which returned 8.6% over the past year.

Price Volatility

Is NDB's price volatile compared to industry and market?
NDB volatility
NDB Average Weekly Movement	0.08%
Banks Industry Average Movement	1.8%
Market Average Movement	3.5%
10% most volatile stocks in CH Market	7.4%
10% least volatile stocks in CH Market	1.7%

Stable Share Price: NDB has not had significant price volatility in the past 3 months.

Volatility Over Time: NDB's weekly volatility (0.1%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1820	29,680	Frank Vang-Jensen	www.nordea.com

Nordea Bank Abp offers banking products and services in Sweden, Finland, Norway, Denmark, and internationally. It operates through Personal Banking, Business Banking, Large Corporates & Institutions, and Asset & Wealth Management segments. The Personal Banking segment provides various financial services to customers through mobile banking, over the phone, online meetings, and branch offices.

Nordea Bank Abp Fundamentals Summary

How do Nordea Bank Abp's earnings and revenue compare to its market cap?
NDB fundamental statistics
Market cap	CHF 35.20b
Earnings (TTM)	CHF 4.83b
Revenue (TTM)	CHF 11.21b

7.3x

P/E Ratio

1.2x

P/B Ratio

Is NDB overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NDB income statement (TTM)
Revenue	€11.81b
Cost of Revenue	€0
Gross Profit	€11.81b
Other Expenses	€6.73b
Earnings	€5.09b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Oct 17, 2024

Earnings per share (EPS)	1.45
Gross Margin	100.00%
Net Profit Margin	43.08%
Debt/Equity Ratio	706.7%

How did NDB perform over the long term?

See historical performance and comparison

Dividends

8.7%

Current Dividend Yield

64%

Payout Ratio

NDB Stock Overview

Rewards

Risk Analysis

Nordea Bank Abp Competitors

SWX:LLBN

CHF 2.3b

SWX:BCVN

CHF 7.9b

SWX:GRKP

CHF 4.2b

ADX:FAB

د.إ147.1b

Price History & Performance

Recent News & Updates

Second quarter 2024 earnings released: EPS: €0.37 (vs €0.37 in 2Q 2023)

First quarter 2024 earnings released: EPS: €0.38 (vs €0.31 in 1Q 2023)

Nordea Bank Abp Approves Board Appointments

Dividend of €0.92 announced

Nordea Bank Abp Proposes Dividend for 2023

Nordea Bank Abp Announces Birger Steen Is Not Available for Re-Election

Recent updates

Second quarter 2024 earnings released: EPS: €0.37 (vs €0.37 in 2Q 2023)

First quarter 2024 earnings released: EPS: €0.38 (vs €0.31 in 1Q 2023)

Nordea Bank Abp Approves Board Appointments

Dividend of €0.92 announced

Nordea Bank Abp Proposes Dividend for 2023

Nordea Bank Abp Announces Birger Steen Is Not Available for Re-Election

Nordea Announces Change in Accounting Practice for Development Costs Related to Nordea's Digital Services

Nordea Announces Change in Accounting Practice for Development Costs Related to Nordea's Digital Services

Third quarter 2023 earnings released: EPS: €0.38 (vs €0.27 in 3Q 2022)

Nordea Announces Management Changes

Nordea Bank Abp, Annual General Meeting, Mar 21, 2024

New major risk - Earnings quality

Second quarter 2023 earnings released: EPS: €0.37 (vs €0.28 in 2Q 2022)

New major risk - Revenue and earnings growth

Nordea Bank Abp Appoints Jyrki Katainen as Head of Group Public Affairs

Nordea Bank Abp (OM:NDA SE) completed the acquisition of Advinans AB.

First quarter 2023 earnings released: EPS: €0.31 (vs €0.06 in 1Q 2022)

Independent Chairman of the Board recently bought CHF383k worth of stock

Upcoming dividend of €0.80 per share at 7.7% yield

Torbjörn Magnusson and Robin Lawther Not to Stand for Re-Election as Directors of Nordea Bank Abp

Full year 2022 earnings released: EPS: €0.95 (vs €0.95 in FY 2021)

Nordea Bank Abp Proposes Dividend

Nordea Bank Abp Announces Executive Changes

Nordea Bank Abp(OM:NDA SE) dropped from OMX Nordic All-Share Index

Third quarter 2022 earnings released: EPS: €0.27 (vs €0.25 in 3Q 2021)

Nordea Bank Abp to Report Q1, 2023 Results on Apr 27, 2023

Nordea Bank Abp Announces Board Appointments

Blackstone Inc. (NYSE:BX) acquired additional 11.6% stake in Luminor Group AB from Nordea Bank Abp (OM:NDA SE).

Blackstone Inc. (NYSE:BX) acquired additional 11.6% stake in Luminor Group AB from Nordea Bank Abp (OM:NDA SE).

Second quarter 2022 earnings released: EPS: €0.28 (vs €0.25 in 2Q 2021)

Ahlsell Danmark Aps agreed to acquire a 75.49% stake in Sanistål A/S (CPSE : SANI) from Danske Bank A/S (CPSE:DANSKE), Jyske Bank A/S (CPSE:JYSK), Nykredit Bank A/S and Nordea Bank Abp (OM:NDA SE) for approximately DKK 520 million.

Upcoming dividend of €0.69 per share

Nordea Proposes 2021 Dividend

Third quarter 2021 earnings released: EPS €0.25 (vs €0.21 in 3Q 2020)

Chief Compliance Officer & Head of Group Compliance Helene Jepson has left the company

Employee Representative Director Kari Ahola has left the company

Employee Representative Director Kari Ahola has left the company

Employee Representative Director Kari Ahola has left the company

Employee Representative Director Kari Ahola has left the company

Co-Head of Corporate and Investment Banking Mathias Leijon has left the company

Co-Head of Corporate and Investment Banking Mathias Leijon has left the company

Second quarter 2021 earnings released: EPS €0.25 (vs €0.06 in 2Q 2020)

Second quarter 2021 earnings released: EPS €0.25 (vs €0.06 in 2Q 2020)

Investor sentiment improved over the past week

Nordea Bank Abp Reiterates Earnings Guidance for 2022

Independent Director has left the company

Full year 2020 earnings released: EPS €0.55 (vs €0.38 in FY 2019)

Catella AB (Publ) Mandates ABG Sundal Collier AB and Nordea Bank Abp as Joint Bookrunners

Nordea Enters into Referral Agreement with Citi for Sub-Custody Services

Nordea Bank Abp Elects Claudia Dill as New Member of the Board of Directors

Full year 2020 earnings released: EPS €0.55 (vs €0.38 in FY 2019)

Loomis AB (publ) (OM:LOOM B) completed the acquisition of Automatia Pankkiautomaatit Oy from Danske Bank A/S (CPSE:DANSKE), OP Financial Group and Nordea Bank Abp (OM:NDA SE).

New 90-day high: CHF7.78

Third quarter earnings released

Third-quarter earnings released: Revenue beats expectations

Nordea Bank Abp to Report Q2, 2021 Results on Jul 21, 2021

Sampo Reportedly Considers Selling Stake in Nordea

Ian Smith to Join Nordea as New Group CFO, Effective 24 October 2020

Shareholder Returns