Nordea Bank Abp Business Performance and Valuation

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Nordea Bank Abp has consistently demonstrated strong business performance, with a net profit of €3.5 billion in 2020, up from €2.6 billion in 2019.

The bank's robust financials are a testament to its diversified business model, which includes corporate and investment banking, retail banking, and asset management.

Nordea's asset quality has also improved significantly, with a non-performing loan ratio of 1.2% in 2020, down from 2.3% in 2015.

The bank's valuation is also attractive, with a price-to-book ratio of 1.3, indicating that investors are willing to pay a premium for its shares.

Financial Data

Nordea Bank Abp's share price has been on the rise, with its current price sitting at €12.61. This is a significant increase from its 52-week low of €9.69.

The bank's stock has shown impressive growth over the past few years, with a 5-year change of 76.71%. This means that if you had invested in Nordea Bank Abp five years ago, your investment would be worth almost 77% more today.

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Nordea Bank Abp's beta is 0.75, which indicates that its stock price tends to move in the same direction as the overall market, but with less volatility.

The bank's share price has fluctuated over the past year, with a 1-year change of 12.19%. This is a relatively modest increase, but still a positive sign for investors.

Here are some key financial metrics for Nordea Bank Abp at a glance:

Overall, Nordea Bank Abp's financial data suggests a healthy and growing bank with a strong track record of share price appreciation.

News and Updates

Nordea Bank Abp has received a buy rating from Deutsche Bank, announced on February 27.

Nordea Bank has completed its EUR250 million share repurchase program, which was announced in October and wrapped up on February 21.

The bank has also brokered a stake of 2 percent of the shares in Byggmax, as reported on February 21.

Nordea Bank has brokered a shareholding of 0.7 percent of the capital in Lumenradio, on February 26.

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Here's a summary of Nordea Bank's recent share dealings:

The bank has also completed the share buyback program announced in October, as reported on February 21.

Nordea Bank has brokered a stake of approximately 0.5 percent of the capital in Enad Global 7, as reported on February 20.

Nordea Bank has also brokered a stake of approximately 0.6 percent of the capital in Enad Global 7, as reported on February 19.

The bank has also been involved in other business dealings, including brokering a stake of 2 percent of the shares in Byggmax, and completing the share buyback program announced in October.

Nordea Bank has also been involved in refinancing deals, including Prisma Properties' SEK2.3 billion refinancing, which was secured on February 19.

The bank has also been involved in the release of its Human Rights Report 2024, Modern Slavery and Human Trafficking Statement 2024, and Norwegian Transparency Act Statement 2024, all of which were released on February 27.

Management and Leadership

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Nordea Bank Abp has a strong leadership team in place. Frank Vang-Jensen is the CEO, having taken on the role in 2019.

The bank's leadership team includes several directors, each with their own title and responsibilities. Ian Smith serves as the Director of Finance/CFO, a position he has held since 2020.

The bank's board of directors is made up of experienced professionals, including Per Gerhard Olsson, Petra Constance van Hoeken, and John Maltby, who have been serving in their roles since 2015, 2019, and 2019 respectively.

Public Insider Register

As a publicly traded company, Nordea Bank Abp has a legal obligation to keep a public insider register. This register is maintained by Euroclear Finland Oy.

The purpose of the public insider register is to promote the general reliability of the securities market and prevent its misuse.

The register contains information on the security holdings of people included in the insider register, which includes persons under obligation to report as a provider of investment service or investment fund company.

Nordea Bank Abp's public insider register is available for viewing on Euroclear Finland Oy's website.

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Managers and Directors

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Meet the leaders of Nordea Bank Abp. Frank Vang-Jensen is the CEO, a role he's held since September 4, 2019.

Frank Vang-Jensen is 58 years old. Ian Smith is the Director of Finance/CFO, a position he took on January 31, 2020. He's 59 years old.

The bank has a strong compliance officer in Jamie Graham, who's been in the role since September 30, 2021. He's 51 years old.

Here's a brief overview of the bank's directors:

Analysis and Opinion

Nordea Bank Abp has recently reported strong results in Q4, with a confirmation of their 2025 above 15% RoE guidance. This is a positive sign for investors.

Analysts' recommendations for Nordea Bank Abp are also worth noting. Deutsche Bank has given the bank a buy rating, which could be a good sign for potential investors.

Here are some key analyst recommendations for Nordea Bank Abp:

It's worth noting that some analysts are advising to sell before the dividend in the banks is drawn, which could be a good strategy for investors.

Valuation:

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As we dive into the valuation of Nordea Bank Abp, it's clear that their market capitalization has fluctuated over time, ranging from 36.17B to 65.88B.

One notable trend is the increase in market capitalization, with the highest recorded value being 65.88B.

The P/E ratio for 2025 is 9.15x, which is slightly higher than the 2026 projected ratio of 8.93x.

This slight decrease in P/E ratio from 2025 to 2026 suggests a potential decrease in investor expectations for the bank's future performance.

The enterprise value of Nordea Bank Abp has also fluctuated, ranging from 43.87B to 73.02B.

Here's a summary of the key valuation metrics:

The free-float, a measure of the portion of shares available for trading, is currently unknown.

The yield for 2025 is 7.42%, which is expected to increase to 7.76% by 2026.

Analysis / Opinion

Nordea has just released its Q4 results, and they're looking strong. The bank has confirmed its 2025 RoE guidance of above 15%.

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Nordea has received a buy rating from Deutsche Bank, which is a positive sign for investors. This rating was given on February 27th.

ABG Private Banking has highlighted Nordea as one of its favorites in the banking sector. This is alongside Danske Bank, another major player.

Analysts are mixed in their views on Nordea, with some recommending a sell before the dividend is drawn. This strategy has been successful for some, but it's not a guarantee.

A recent report from Di suggests that major banks, including Nordea, have a good chance of outperforming earnings forecasts. However, Swedbank has been named as a new favorite by Di, which may impact Nordea's performance.

Here is a summary of the analysts' recommendations for Nordea:

Industry Insights

Nordea Bank ABP has confirmed its guidance for a return on equity (RoE) of above 15% by 2025, as seen in their strong Q4 results.

Nordea's Q4 performance was a standout, with the bank delivering strong results that met and exceeded expectations.

This guidance suggests that Nordea is committed to achieving a certain level of profitability in the years to come, which is a positive sign for investors and customers alike.

Premium Industry Data & Analytics

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Nordic banks are delivering strong results, with Nordea confirming its 2025 above 15% RoE guidance.

Nordea's Q4 results are a testament to the bank's solid performance, with the company's 2025 above 15% RoE guidance a key takeaway from its latest earnings report.

The bank's commitment to delivering strong returns on equity is clear, with its Q4 results showcasing a clear path to achieving its ambitious goal.

ICT Spend & Priorities

Understanding ICT spend and priorities is crucial for any business looking to stay ahead in the industry. IT Client Prospector provides valuable intelligence on Nordea Bank Abp's likely spend across technology areas.

This intelligence enables you to understand the digital strategy of a company like Nordea Bank Abp. By analyzing this data, you can make informed decisions about your own technology investments.

Nordea Bank Abp's ICT spend and priorities are a key part of their digital strategy, and IT Client Prospector is a valuable resource for understanding this data.

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Competitive Landscape

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Nordea Bank Abp is a significant player in the banking industry, but how does it stack up against its competitors? Let's take a look at the competitive landscape.

Nordea Bank Abp has its headquarters in Finland, while Danske Bank AS is based in Denmark, and DNB Bank ASA is headquartered in Norway. Svenska Handelsbanken AB and Skandinaviska Enskilda Banken AB both have their headquarters in Sweden.

In terms of employee count, Nordea Bank Abp has a significant lead with 29,895 employees, followed closely by Skandinaviska Enskilda Banken AB with 18,832 employees.

Here's a breakdown of the key parameters of these banks:

Nordea Bank Abp's headquarters in Finland is a significant advantage, but it's worth noting that its employee count is significantly higher than that of its competitors.

IT Services Contracts

Nordea Bank Abp's IT services contracts play a crucial role in its operations.

The bank's contracts for IT services are publicly disclosed, providing valuable insights into its outsourcing and consulting needs.

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Nordea Bank Abp has contracts for IT outsourcing, which involves partnering with external companies to manage certain IT functions.

Business process outsourcing is also a part of Nordea's contracts, where the bank partners with external companies to manage specific business processes.

Systems integration and consulting are other areas where Nordea Bank Abp has publicly disclosed contracts.

These contracts help Nordea Bank Abp improve its competitive bidding process by providing a comprehensive view of its IT services needs.

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Frequently Asked Questions

What is the bank code for Nordea Bank Abp?

The SWIFT/BIC code for Nordea Bank Abp is NDEAFIHHXXX. However, it's recommended to confirm the correct code with the recipient or bank for specific services.

Is Nordea a bank in the USA?

Yes, Nordea has a branch in the U.S. since 1979, serving corporate customers in North America.

Johnnie Parisian

Writer

Here is a 100-word author bio for Johnnie Parisian: Johnnie Parisian is a seasoned writer with a passion for crafting informative and engaging content. With a keen eye for detail and a knack for simplifying complex topics, Johnnie has established herself as a trusted voice in the world of personal finance. Her expertise spans a range of topics, including home equity loans and mortgage debt consolidation strategies.

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