Nordea Bank Abp (NRDBY) Stock

About Nordea Bank Abp

Nordea Bank Abp is a financial institution offering a comprehensive suite of banking products and services. The bank operates across Sweden, Finland, Norway, and Denmark, maintaining an international footprint. Its business is structured into four key segments: Personal Banking, Business Banking, Large Corporates and Institutions, and Asset and Wealth Management. The Personal Banking segment serves individual household customers, providing financial services through digital channels like internet and mobile banking, phone support, virtual meetings, and its network of branch offices. The Business Banking division assists corporate and small business clients, providing solutions such as payment processing, cash flow management, card services, working capital optimization, and diverse financing facilities. For large corporate entities and institutional clients, the Large Corporates and Institutions segment delivers extensive financing, treasury, and payment solutions, alongside investment banking advisory, securities services, and capital market products. Finally, the Asset and Wealth Management segment provides investment, savings, and risk mitigation strategies to high-net-worth individuals and institutional investors, also offering life insurance and pension products. Founded in 1820, Nordea Bank Abp maintains its headquarters in Helsinki, Finland.

Nordea Bank Abp is headquartered in FI.

Nordea Bank Abp (NRDBY) stock trades at $19.85 with a market capitalization of $67.37B. The stock is valued at a price-to-earnings (P/E) ratio of 12.66, price-to-book of 1.92, price-to-sales of 2.65. Over the past 52 weeks the stock has ranged between $14.53 and $20.61, and currently trades 3.7% below its 52-week high. It pays a dividend yielding 7.86%.

On profitability, Nordea Bank Abp generates a return on equity (ROE) of 15.07%, above the typical market range of roughly 12-15%, return on capital employed of 1.48%, an operating margin of 27.50%, a net profit margin of 21.12%.

In its most recent fiscal year, Nordea Bank Abp reported annual revenue of $21.8B, net profit of $4.8B. Over the last 5 fiscal years, revenue grew at an average annual rate of 16.7%, and net profit grew at an average annual rate of 16.4%.

The balance sheet shows a debt-to-equity ratio of 7.06 (debt more than twice shareholders' equity), a current ratio of 0.16, total assets of $654.4B, $45.2B in cash and equivalents. For banks and other lenders, borrowing and deposits are part of the business model, so debt-to-equity and the current ratio read differently than for other companies.

NRDBY has an average daily trading volume of 847,390 shares, a beta of 0.64 (historically less volatile than the overall market).

Official website: www.nordea.com