Nordea Bank Abp Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

It's been a good week for Nordea Bank Abp (HEL:NDA FI) shareholders, because the company has just released its latest third-quarter results, and the shares gained 3.2% to €14.40. Nordea Bank Abp reported €2.9b in revenue, roughly in line with analyst forecasts, although statutory earnings per share (EPS) of €0.36 beat expectations, being 9.1% higher than what the analysts expected. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.

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After the latest results, the 14 analysts covering Nordea Bank Abp are now predicting revenues of €11.9b in 2026. If met, this would reflect a reasonable 2.3% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to rise 2.5% to €1.43. Before this earnings report, the analysts had been forecasting revenues of €11.9b and earnings per share (EPS) of €1.42 in 2026. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results.

See our latest analysis for Nordea Bank Abp

It will come as no surprise then, to learn that the consensus price target is largely unchanged at €15.19. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. There are some variant perceptions on Nordea Bank Abp, with the most bullish analyst valuing it at €16.70 and the most bearish at €11.80 per share. There are definitely some different views on the stock, but the range of estimates is not wide enough as to imply that the situation is unforecastable, in our view.

One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. We would highlight that Nordea Bank Abp's revenue growth is expected to slow, with the forecast 1.9% annualised growth rate until the end of 2026 being well below the historical 9.4% p.a. growth over the last five years. Compare this against other companies (with analyst forecasts) in the industry, which are in aggregate expected to see revenue growth of 4.8% annually. So it's pretty clear that, while revenue growth is expected to slow down, the wider industry is also expected to grow faster than Nordea Bank Abp.

The Bottom Line

The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. Fortunately, the analysts also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that Nordea Bank Abp's revenue is expected to perform worse than the wider industry. The consensus price target held steady at €15.19, with the latest estimates not enough to have an impact on their price targets.

Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. At Simply Wall St, we have a full range of analyst estimates for Nordea Bank Abp going out to 2027, and you can see them free on our platform here..

Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Nordea Bank Abp that you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.