Nordea Bank Abp provides various banking products and services for personal customers, small and medium businesses, and corporates and financial institutions in Europe.
Mediocre balance sheet with moderate growth potential.
Share Price & News
How has Nordea Bank Abp's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 0N4T has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 0N4T exceeded the UK Banks industry which returned -6.5% over the past year.
Return vs Market: 0N4T underperformed the UK Market which returned 6.1% over the past year.
Price Volatility Vs. Market
How volatile is Nordea Bank Abp's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Nordea Bank Abp undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 0N4T (SEK85.73) is trading below our estimate of fair value (SEK99.12)
Significantly Below Fair Value: 0N4T is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: 0N4T is poor value based on its PE Ratio (21.5x) compared to the Banks industry average (10.5x).
PE vs Market: 0N4T is poor value based on its PE Ratio (21.5x) compared to the UK market (18.5x).
Price to Earnings Growth Ratio
PEG Ratio: 0N4T is poor value based on its PEG Ratio (1.1x)
Price to Book Ratio
PB vs Industry: 0N4T is overvalued based on its PB Ratio (1x) compared to the GB Banks industry average (0.6x).
How is Nordea Bank Abp forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 0N4T's forecast earnings growth (19.1% per year) is above the savings rate (0.5%).
Earnings vs Market: 0N4T's earnings (19.1% per year) are forecast to grow faster than the UK market (12.2% per year).
High Growth Earnings: 0N4T's earnings are forecast to grow, but not significantly.
Revenue vs Market: 0N4T's revenue (4.2% per year) is forecast to grow faster than the UK market (3.5% per year).
High Growth Revenue: 0N4T's revenue (4.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 0N4T's Return on Equity is forecast to be low in 3 years time (9.5%).
How has Nordea Bank Abp performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 0N4T has a large one-off loss of €612.0M impacting its December 31 2019 financial results.
Growing Profit Margin: 0N4T's current net profit margins (19.4%) are lower than last year (35.1%).
Past Earnings Growth Analysis
Earnings Trend: 0N4T's earnings have declined by -10.7% per year over the past 5 years.
Accelerating Growth: 0N4T's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 0N4T had negative earnings growth (-49.8%) over the past year, making it difficult to compare to the Banks industry average (28.3%).
Return on Equity
High ROE: 0N4T's Return on Equity (4.9%) is considered low.
Return on Assets
Return on Capital Employed
How is Nordea Bank Abp's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: 0N4T has a low level of unsold assets or inventory.
Debt Coverage by Assets: 0N4T's debt is not covered by short term assets (assets are 0.4x debt).
Financial Institutions Analysis
Asset Level: 0N4T's level of assets compared to its equity is moderate.
Allowance for Bad Loans: 0N4T has a low allowance for bad loans.
Low Risk Liabilities: 0N4T's liabilities are made up of primarily higher risk sources of funding.
Loan Level: 0N4T has an acceptable proportion of non-loan assets held.
Low Risk Deposits: 0N4T has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: 0N4T has an appropriate level of bad loans (0.72%)
What is Nordea Bank Abp's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Purchase Nordea Bank Abp before the 'Buy Limit' to receive their next dividend payment.
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: 0N4T's dividend (4.9%) is higher than the bottom 25% of dividend payers in the UK market (1.83%).
High Dividend: 0N4T's dividend (4.9%) is low compared to the top 25% of dividend payers in the UK market (5.1%).
Stability and Growth of Payments
Stable Dividend: 0N4T's dividend payments have been volatile in the past 10 years.
Growing Dividend: 0N4T's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (105.3%), 0N4T's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 0N4T's dividends in 3 years are forecast to be covered by earnings (67.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Frank Vang-Jensen (52yo)
Mr. Frank Vang-Jensen has been President and Group Chief Executive Officer at Nordea Henkivakuutus Suomi Oy since 2019. He is CEO & President at at Nordea Bank Abp since September 2019. He served as Head o ...
|Executive Officer||0.4yrs||€2.43m||0.0069% €23.8m|
|President & Group CEO||0.4yrs||no data||0.000060% €207.8k|
|Group CFO||1.9yrs||no data||no data|
|Group CIO and Head of Group Technology||3yrs||no data||no data|
|Head of Investor Relations||10.3yrs||no data||no data|
|Chief Risk Officer and Head of Group Risk & Compliance||1.1yrs||no data||no data|
|Chief Legal Officer||1.4yrs||no data||no data|
|Chief Compliance Officer & Head of Group Compliance||0.4yrs||no data||no data|
|Head of Group Communication & Branding||2.8yrs||no data||no data|
|Chief People Officer & Head of Group People||0.2yrs||no data||no data|
Experienced Management: 0N4T's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
|Independent Vice Chairman||1.1yrs||no data||no data|
|Independent Director||4.9yrs||€140.47k||no data|
|Independent Chairman||0.9yrs||€91.55k||0.00010% €346.3k|
|Independent Director||2.9yrs||€121.43k||no data|
|Independent Director||9.9yrs||€140.47k||no data|
|Independent Director||5.9yrs||€127.88k||0.0012% €4.3m|
|Employee Representative Director||7.1yrs||no data||no data|
|Employee Representative Director||14.1yrs||no data||no data|
|Employee Representative Director||2.1yrs||no data||no data|
|Independent Director||1.9yrs||€120.82k||no data|
Experienced Board: 0N4T's board of directors are considered experienced (3.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Nordea Bank Abp's company bio, employee growth, exchange listings and data sources
- Name: Nordea Bank Abp
- Ticker: 0N4T
- Exchange: LSE
- Founded: 1820
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: kr346.321b
- Shares outstanding: 4.04b
- Website: https://www.nordea.com
Number of Employees
- Nordea Bank Abp
- Satamaradankatu 5
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|NDA DK||CPSE (OMX Nordic Exchange Copenhagen)||Yes||New Ordinary Shares||DK||DKK||Dec 1997|
|NDA SE||OM (OMX Nordic Exchange Stockholm)||Yes||New Ordinary Shares||SE||SEK||Dec 1997|
|NDA FI||HLSE (OMX Nordic Exchange Helsinki)||Yes||New Ordinary Shares||FI||EUR||Dec 1997|
|NDB||SWX (SIX Swiss Exchange)||Yes||New Ordinary Shares||CH||CHF||Dec 1997|
|NDAC||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||New Ordinary Shares||GB||EUR||Dec 1997|
|0N4T||LSE (London Stock Exchange)||Yes||New Ordinary Shares||GB||SEK||Dec 1997|
|NBNK.F||OTCPK (Pink Sheets LLC)||Yes||New Ordinary Shares||US||USD||Dec 1997|
|NDA N||BMV (Bolsa Mexicana de Valores)||Yes||New Ordinary Shares||MX||MXN||Dec 1997|
|NRDB.Y||OTCPK (Pink Sheets LLC)||SPONSORED ADS||US||USD||Oct 2008|
|BEAR OMXS X3 ND||OB (Oslo Bors)||BEAR OMXS X3 ND||NO||NOK||Sep 2016|
|BULL OMXS X5 ND||OB (Oslo Bors)||BULL OMXS X5 ND||NO||NOK||Sep 2016|
|BEAR OBX X8 ND||OB (Oslo Bors)||NORDEA BANK||NO||NOK||Sep 2016|
|BULL OBX X8 ND||OB (Oslo Bors)||FUND ETN NODEA||NO||NOK||Sep 2016|
Nordea Bank Abp provides various banking products and services for personal customers, small and medium businesses, and corporates and financial institutions in Europe. It operates through Personal Banking, Commercial & Business Banking, Wholesale Banking, and Wealth Management segments. It offers personal banking products comprising corporate and household deposits; and household mortgage and consumer loans, as well as loans to corporates. The company also provides business banking services; transaction banking services consisting of cards, trade finance, cash management, and mobile- and ecommerce; and investment credits, working capital, and consumer credits. In addition, it offers a range of financing, cash management and payment services, investment banking, capital markets products, and securities services; manages customers’ assets and provides financial advice to high net worth individuals and institutional investors; and provides a range of pension, endowment, and risk products. Further, the company offers trade finance services; and online and mobile banking services. It operates approximately 450 branches. The company was founded in 1820 and is headquartered in Helsinki, Finland.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/17 23:10|
|End of Day Share Price||2020/02/17 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.