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OTCMKTS:NRDBY

Nordea Bank Abp (NRDBY) Stock Price, News & Analysis

$11.51
+0.09 (+0.79%)
(As of 10/4/2024 ET)

About Nordea Bank Abp Stock (OTCMKTS:NRDBY)

Key Stats

Today's Range
$11.40
$11.53
50-Day Range
$10.97
$11.95
52-Week Range
$10.42
$12.90
Volume
93,499 shs
Average Volume
144,327 shs
Market Capitalization
$40.35 billion
P/E Ratio
7.43
Dividend Yield
8.17%
Price Target
N/A
Consensus Rating
Strong Buy

Company Overview

Nordea Bank Abp offers banking products and services in Sweden, Finland, Norway, Denmark, and internationally. It operates through Personal Banking, Business Banking, Large Corporates & Institutions, and Asset & Wealth Management segments. The Personal Banking segment provides various financial services to customers through mobile banking, over the phone, online meetings, and branch offices. The Business Banking segment offers payments, cash management, cards, working capital management, and cards and finance solutions to corporate and personal customers. The Large Corporates & Institutions segment provides financing, cash management and payment, investment banking, capital market products, and securities services to corporate and institutional customers. The Asset & Wealth Management segment offers investment, savings, and risk management solutions to high net worth individuals and institutional investors. It also offers account-based products, such as lending and deposit; project finance services, asset-based financing through leasing, hire purchase, and factoring, as well as sales to finance partners, such as dealers, vendors, and retailers; financial instruments or arrangement for financial instruments, including currencies, commodities, stocks, and bonds; and asset management, including investment funds, discretionary management, portfolio advice, equity trading, and pension accounts, as well as life insurance and pension products and services. Nordea Bank Abp was founded in 1820 and is headquartered in Helsinki, Finland.

Nordea Bank Abp Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
58th Percentile Overall Score

NRDBY MarketRank™: 

Nordea Bank Abp scored higher than 58% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Earnings Growth

    Earnings for Nordea Bank Abp are expected to decrease by -3.95% in the coming year, from $1.52 to $1.46 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Nordea Bank Abp is 7.43, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.92.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Nordea Bank Abp is 7.43, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 39.64.

  • Price to Earnings Growth Ratio

    Nordea Bank Abp has a PEG Ratio of 0.75. PEG Ratios below 1 indicate that a company could be undervalued.

  • Price to Book Value per Share Ratio

    Nordea Bank Abp has a P/B Ratio of 1.20. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    0.00% of the outstanding shares of Nordea Bank Abp have been sold short.
  • Short Interest Ratio / Days to Cover

    Nordea Bank Abp has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Nordea Bank Abp has recently increased by 28.54%, indicating that investor sentiment is decreasing significantly.
  • Dividend Leadership

    Nordea Bank Abp is a leading dividend payer. It pays a dividend yield of 7.95%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Nordea Bank Abp does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Nordea Bank Abp is 60.65%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Nordea Bank Abp will have a dividend payout ratio of 64.38% next year. This indicates that Nordea Bank Abp will be able to sustain or increase its dividend.

  • Read more about Nordea Bank Abp's dividend.
  • Percentage of Shares Shorted

    0.00% of the outstanding shares of Nordea Bank Abp have been sold short.
  • Short Interest Ratio / Days to Cover

    Nordea Bank Abp has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Nordea Bank Abp has recently increased by 28.54%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Nordea Bank Abp has a news sentiment score of 0.57. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.69 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 7 news articles for Nordea Bank Abp this week, compared to 1 article on an average week.
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NRDBY Stock News Headlines

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Jefferies Sticks to Its Buy Rating for Nordea Bank Abp (NBNKF)
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See More Headlines

NRDBY Stock Analysis - Frequently Asked Questions

Nordea Bank Abp's stock was trading at $12.39 at the start of the year. Since then, NRDBY shares have decreased by 7.1% and is now trading at $11.51.
View the best growth stocks for 2024 here
.

Nordea Bank Abp (OTCMKTS:NRDBY) issued its quarterly earnings data on Monday, July, 15th. The company reported $0.40 EPS for the quarter, topping analysts' consensus estimates of $0.39 by $0.01. The business had revenue of $3.26 billion for the quarter, compared to the consensus estimate of $3.25 billion. Nordea Bank Abp had a net margin of 19.60% and a trailing twelve-month return on equity of 16.82%.

Shares of NRDBY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

Last Earnings
7/15/2024
Today
10/05/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Commercial banks, not elsewhere classified
Sub-Industry
N/A
Current Symbol
OTCMKTS:NRDBY
CIK
N/A
Employees
31,439
Year Founded
N/A

Profitability

Net Income
$5.31 billion
Pretax Margin
26.12%

Debt

Sales & Book Value

Annual Sales
$26.00 billion
Cash Flow
$1.46 per share
Book Value
$9.58 per share

Miscellaneous

Outstanding Shares
3,505,587,000
Free Float
N/A
Market Cap
$40.35 billion
Optionable
Not Optionable
Beta
0.94

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This page (OTCMKTS:NRDBY) was last updated on 10/5/2024 by MarketBeat.com Staff
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