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

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.

Key Stats

• Today's Range: $10.56 to $10.76
• 50-Day Range: $10.66 to $12.13
• 52-Week Range: $10.56 to $12.90
• Volume: 554,993 shs
• Average Volume: 168,913 shs
• Market Capitalization: $37.32 billion
• P/E Ratio: 6.92
• Dividend Yield: 8.82%
• Price Target: N/A
• Consensus Rating: Strong Buy

Nordea Bank Abp Stock Analysis - 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.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Nordea Bank Abp.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: -4.61%

Earnings Growth

Earnings for Nordea Bank Abp are expected to decrease by -4.61% in the coming year, from $1.52 to $1.45 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Nordea Bank Abp is 6.92, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.29.

Price to Earnings Ratio vs. Sector

The P/E ratio of Nordea Bank Abp is 6.92, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 26.71.

Price to Earnings Growth Ratio

Nordea Bank Abp has a PEG Ratio of 0.71. 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 1.11. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

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 0.2, 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 decreased by 68.68%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Leadership

Nordea Bank Abp is a leading dividend payer. It pays a dividend yield of 8.72%, 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 61.04%. 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 64.83% next year. This indicates that Nordea Bank Abp will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

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 0.2, 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 decreased by 68.68%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: N/A

News Sentiment

Nordea Bank Abp has a news sentiment score of -0.97. 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 0.77 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Nordea Bank Abp this week, compared to 1 article on an average week.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Nordea Bank Abp insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 0.01% of the stock of Nordea Bank Abp is held by institutions.

NRDBY Stock Analysis - Frequently Asked Questions

How have NRDBY shares performed this year?

Nordea Bank Abp's stock was trading at $12.39 on January 1st, 2024. Since then, NRDBY shares have decreased by 14.0% and is now trading at $10.66.
View the best growth stocks for 2024 here.

How were Nordea Bank Abp's earnings last quarter?

Nordea Bank Abp (OTCMKTS:NRDBY) issued its earnings results on Thursday, October, 17th. The company reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.34 by $0.06. The company earned $3.31 billion during the quarter. Nordea Bank Abp had a net margin of 19.28% and a trailing twelve-month return on equity of 16.41%.

How do I buy shares of Nordea Bank Abp?

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: 10/17/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Finance
• Industry: Commercial banks, not elsewhere classified
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:NRDBY
• CUSIP: N/A
• CIK: N/A
• Web: www.nordea.com
• Phone: (582) 007-0000
• Fax: 46-8614-8770
• Employees: 31,439
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $1.54
• Trailing P/E Ratio: 6.92
• Forward P/E Ratio: 7.01
• P/E Growth: 0.71
• Net Income: $5.31 billion
• Net Margins: 19.28%
• Pretax Margin: 24.99%
• Return on Equity: 16.41%
• Return on Assets: 0.83%

Debt

• Debt-to-Equity Ratio: 6.23
• Current Ratio: 1.29
• Quick Ratio: 1.29

Sales & Book Value

• Annual Sales: $26.00 billion
• Price / Sales: 1.44
• Cash Flow: $1.43 per share
• Price / Cash Flow: 7.45
• Book Value: $9.58 per share
• Price / Book: 1.11

Miscellaneous

• Outstanding Shares: 3,500,638,000
• Free Float: N/A
• Market Cap: $37.32 billion
• Optionable: Not Optionable
• Beta: 0.92