Nordea Bank Abp Future Growth

Future criteria checks 0/6

Nordea Bank Abp's earnings are forecast to decline at 3.9% per annum while its annual revenue is expected to grow at 0.2% per year. EPS is expected to decline by 2.9% per annum. Return on equity is forecast to be 13.5% in 3 years.

Key information

-3.9%

Earnings growth rate

-2.9%

EPS growth rate

Banks earnings growth	12.8%
Revenue growth rate	0.2%
Future return on equity	13.5%
Analyst coverage	Good
Last updated	03 Aug 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

BMV:NDA N - Analysts future estimates and past financials data (EUR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	11,994	4,677	N/A	N/A	13
12/31/2025	11,982	4,784	N/A	N/A	15
12/31/2024	12,099	5,086	N/A	N/A	15
6/30/2024	11,814	5,089	-8,493	-7,978	N/A
3/31/2024	11,762	5,121	-10,044	-9,529	N/A
12/31/2023	11,606	4,908	-704	-174	N/A
9/30/2023	11,623	5,075	-30,520	-30,011	N/A
6/30/2023	11,147	4,731	-26,992	-26,513	N/A
3/31/2023	10,698	4,451	-24,906	-24,450	N/A
12/31/2022	9,650	3,563	-2,876	-2,471	N/A
9/30/2022	9,033	3,307	-21,192	-20,794	N/A
6/30/2022	8,932	3,307	1,500	1,905	N/A
3/31/2022	8,865	3,277	-6,349	-5,946	N/A
12/31/2021	9,304	3,805	-8,192	-7,774	N/A
9/30/2021	9,185	3,513	23,271	23,707	N/A
6/30/2021	8,945	3,349	570	999	N/A
3/31/2021	7,918	2,567	9,698	10,162	N/A
12/31/2020	7,464	2,238	-4,267	-3,780	N/A
9/30/2020	7,539	2,240	27,384	27,914	N/A
6/30/2020	7,151	1,071	16,699	17,255	N/A
3/31/2020	7,829	1,509	6,825	7,365	N/A
12/31/2019	8,045	1,519	5,310	5,897	N/A
9/30/2019	8,075	1,290	-3,930	-3,307	N/A
6/30/2019	8,387	2,346	14,810	15,450	N/A
3/31/2019	8,695	2,780	18,008	18,684	N/A
12/31/2018	8,942	3,070	8,074	8,714	N/A
9/30/2018	8,804	3,196	-10,268	-9,634	N/A
6/30/2018	9,072	3,300	-32,310	-31,645	N/A
3/31/2018	9,055	2,925	N/A	-27,737	N/A
12/31/2017	9,061	3,031	N/A	4,532	N/A
9/30/2017	9,261	3,507	N/A	16,901	N/A
6/30/2017	9,298	3,567	N/A	32,912	N/A
3/31/2017	9,439	3,823	N/A	31,665	N/A
12/31/2016	9,262	3,766	N/A	19,448	N/A
9/30/2016	9,301	3,514	N/A	28,391	N/A
6/30/2016	9,111	3,406	N/A	24,001	N/A
3/31/2016	9,069	3,362	N/A	25,755	N/A
12/31/2015	9,515	3,662	N/A	17,963	N/A
9/30/2015	9,302	3,691	N/A	19,503	N/A
6/30/2015	9,808	3,849	N/A	14,771	N/A
3/31/2015	9,852	3,603	N/A	4,250	N/A
12/31/2014	9,462	3,357	N/A	-6,994	N/A
9/30/2014	9,712	3,240	N/A	-19,865	N/A
6/30/2014	9,277	3,067	N/A	-15,901	N/A
3/31/2014	9,056	3,162	N/A	-9,605	N/A
12/31/2013	9,156	3,107	N/A	-9,454	N/A
9/30/2013	9,070	3,164	N/A	-2,203	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: NDA N's earnings are forecast to decline over the next 3 years (-3.9% per year).

Earnings vs Market: NDA N's earnings are forecast to decline over the next 3 years (-3.9% per year).

High Growth Earnings: NDA N's earnings are forecast to decline over the next 3 years.

Revenue vs Market: NDA N's revenue (0.2% per year) is forecast to grow slower than the MX market (7% per year).

High Growth Revenue: NDA N's revenue (0.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: NDA N's Return on Equity is forecast to be low in 3 years time (13.5%).

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/08/10 17:24
End of Day Share Price	2024/05/13 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Nordea Bank Abp is covered by 52 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Magnus Andersson	ABG Sundal Collier
Pierre-Yves Gauthier	AlphaValue
Fridtjof Berents	Arctic Securities ASA

Nordea Bank Abp Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Nordea Bank Abp Reiterates Earnings Guidance for 2022

Recent updates

Nordea Bank Abp to Report Q4, 2024 Final Results on Feb 13, 2025

Nordea Announces the Current Group Business Support Function to Divided into Two New Units

Nordea Bank Abp (OM:NDA SE) completed the acquisition of Personal Customer Business and Associated Savings Assets in Norway of Danske Bank A/S.

Nordea Bank Abp Announces Executive Changes, Effective as of 1 January 2025

Nordea Bank Abp Announces Composition of Shareholders' Nomination Board

Nordea Bank Abp, Annual General Meeting, Mar 20, 2025

Nordea Bank Abp to Report Fiscal Year 2024 Results on Jan 30, 2025

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

Nordea Announces Management Changes

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

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

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

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

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).

Investor sentiment deteriorated over the past week

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

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

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

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

High number of new directors

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

Nordea Bank Abp Reiterates Earnings Guidance for 2022

Investor sentiment improved over the past week

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

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).

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

Nordea Bank Abp Appoints Nomination Board

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources