Nordea Bank Abp (CPSE:NDA DK) - Stock Price, News & Analysis

NDA DK Stock Overview

Nordea Bank Abp offers banking products and services in Sweden, Finland, Norway, Denmark, and internationally.

NDA DK fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	3/6
Financial Health	5/6
Dividends	5/6

Rewards

Trading at 52.9% below our estimate of its fair value

Earnings have grown 22.9% per year over the past 5 years

Risk Analysis

Earnings are forecast to decline by an average of 2.9% per year for the next 3 years

Unstable dividend track record

Nordea Bank Abp Competitors

Danske Bank

CPSE:DANSKE

kr.175.0b

Jyske Bank

CPSE:JYSK

kr.36.8b

Sydbank

CPSE:SYDB

kr.19.3b

Sparekassen Sjælland-Fyn

CPSE:SPKSJF

kr.3.6b

Price History & Performance

Summary of all time highs, changes and price drops for Nordea Bank Abp
Historical stock prices
Current Share Price	kr80.98
52 Week High	kr87.67
52 Week Low	kr68.24
Beta	0.71
1 Month Change	4.02%
3 Month Change	-5.64%
1 Year Change	7.47%
3 Year Change	24.72%
5 Year Change	53.02%
Change since IPO	64.59%

Recent updates

Shareholder Returns

	NDA DK	DK Banks	DK Market
7D	1.4%	0.6%	0.9%
1Y	7.5%	32.4%	26.5%

Return vs Industry: NDA DK underperformed the Danish Banks industry which returned 32.4% over the past year.

Return vs Market: NDA DK underperformed the Danish Market which returned 26.5% over the past year.

Price Volatility

Is NDA DK's price volatile compared to industry and market?
NDA DK volatility
NDA DK Average Weekly Movement	3.4%
Banks Industry Average Movement	3.3%
Market Average Movement	4.6%
10% most volatile stocks in DK Market	9.4%
10% least volatile stocks in DK Market	3.0%

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

Volatility Over Time: NDA DK's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1820	29,478	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?
NDA DK fundamental statistics
Market cap	kr.284.51b
Earnings (TTM)	kr.38.18b
Revenue (TTM)	kr.87.70b

7.5x

P/E Ratio

1.3x

P/B Ratio

Is NDA DK overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NDA DK income statement (TTM)
Revenue	€11.76b
Cost of Revenue	€0
Gross Profit	€11.76b
Other Expenses	€6.64b
Earnings	€5.12b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Jul 15, 2024

Earnings per share (EPS)	1.46
Gross Margin	100.00%
Net Profit Margin	43.54%
Debt/Equity Ratio	765.3%

How did NDA DK perform over the long term?

See historical performance and comparison

Dividends

8.4%

Current Dividend Yield

64%

Payout Ratio

NDA DK Stock Overview

Rewards

Risk Analysis

Nordea Bank Abp Competitors

CPSE:DANSKE

kr.175.0b

CPSE:JYSK

kr.36.8b

CPSE:SYDB

kr.19.3b

CPSE:SPKSJF

kr.3.6b

Price History & Performance

Recent News & Updates

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

Nordea Bank Abp Approves Board Appointments

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

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

Recent updates

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

Nordea Bank Abp Approves Board Appointments

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

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 kr.2.9m 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

Investor sentiment deteriorated over the past week

Now 22% undervalued after recent price drop

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

Upcoming dividend of €0.72 per share

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)

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

New 90-day high: kr.56.27

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: kr.51.78

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

Nordea Bank Abp (OM:NDA SE) entered into an agreement to acquire SG Finans AS from Société Générale Société anonyme (ENXTPA:GLE) for approximately €580 million.

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

Nordea Bank Abp Appoints Nomination Board