Financials Nordea Bank Abp OTC Markets

Equities

NRDBY

US65558R1095

Banks

Market Closed - OTC Markets 20:54:26 17/05/2024 BST 5-day change 1st Jan Change
12.43 USD +1.30% Intraday chart for Nordea Bank Abp +1.97% +0.32%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 29,173 26,931 42,482 36,500 39,445 40,101 - -
Enterprise Value (EV) 1 29,173 26,931 42,482 36,500 39,445 40,101 40,101 40,101
P/E ratio 19 x 12.1 x 11.4 x 10.6 x 8.18 x 7.9 x 8.24 x 8.2 x
Yield 5.54% 5.85% 6.39% 7.98% 8.21% 8.38% 8.26% 8.36%
Capitalization / Revenue 3.38 x 3.16 x 4.42 x 3.53 x 3.36 x 3.33 x 3.37 x 3.35 x
EV / Revenue 3.38 x 3.16 x 4.42 x 3.53 x 3.36 x 3.33 x 3.37 x 3.35 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 0.93 x 0.8 x 1.27 x 1.16 x 1.32 x 1.27 x 1.22 x 1.18 x
Nbr of stocks (in thousands) 4,037,300 4,038,432 3,933,974 3,641,067 3,521,400 3,502,073 - -
Reference price 2 7.226 6.669 10.80 10.02 11.20 11.45 11.45 11.45
Announcement Date 06/02/20 04/02/21 03/02/22 02/02/23 05/02/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 8,635 8,514 9,620 10,333 11,743 12,046 11,914 11,959
EBITDA - - - - - - - -
EBIT 1 2,649 3,823 4,971 5,430 6,505 6,884 6,572 6,548
Operating Margin 30.68% 44.9% 51.67% 52.55% 55.39% 57.15% 55.16% 54.75%
Earnings before Tax (EBT) 1 2,113 2,963 4,936 5,381 6,338 6,516 6,291 6,248
Net income 1 1,542 2,265 3,831 3,595 4,934 5,063 4,869 4,825
Net margin 17.86% 26.6% 39.82% 34.79% 42.02% 42.04% 40.87% 40.35%
EPS 2 0.3800 0.5500 0.9500 0.9500 1.370 1.449 1.389 1.396
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 0.4000 0.3900 0.6900 0.8000 0.9200 0.9599 0.9456 0.9571
Announcement Date 06/02/20 04/02/21 03/02/22 02/02/23 05/02/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 2,438 2,490 2,444 2,501 2,898 2,921 2,955 2,952 2,915 3,085 3,024 2,993 3,004 2,989 3,004
EBITDA - - - - - - - - - - - - - - -
EBIT 1 1,337 1,102 1,305 1,355 1,668 1,499 1,750 1,758 1,498 1,796 1,730 1,730 1,689 1,656 1,667
Operating Margin 54.84% 44.26% 53.4% 54.18% 57.56% 51.32% 59.22% 59.55% 51.39% 58.22% 57.2% 57.79% 56.23% 55.41% 55.5%
Earnings before Tax (EBT) 1 1,281 501 1,361 1,297 1,609 1,480 1,718 1,725 1,415 1,763 1,650 1,625 1,535 1,592 1,603
Net income 1 1,017 269 1,054 1,012 1,260 1,123 1,335 1,345 1,106 1,361 1,280 1,255 1,180 1,168 1,204
Net margin 41.71% 10.8% 43.13% 40.46% 43.48% 38.45% 45.18% 45.56% 37.94% 44.12% 42.32% 41.92% 39.3% 39.08% 40.09%
EPS 2 0.2600 0.0600 0.2800 0.2700 0.3400 0.3100 0.3700 0.3800 0.3100 0.3800 0.3606 0.3545 0.3380 0.3340 0.3494
Dividend per Share 2 0.6900 - - - 0.8000 - - - 0.9200 - - - 0.9346 - -
Announcement Date 03/02/22 28/04/22 18/07/22 20/10/22 02/02/23 27/04/23 17/07/23 19/10/23 05/02/24 18/04/24 - - - - -
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 5% 7.1% 11.2% 11.6% 16.9% 16.2% 15.1% 14.7%
ROA (Net income/ Total Assets) 0.44% 0.41% 0.68% 0.62% 0.84% 0.85% 0.75% 0.72%
Assets 1 351,493 553,519 561,319 582,564 589,698 598,982 645,888 674,439
Book Value Per Share 2 7.800 8.350 8.510 8.620 8.460 8.990 9.360 9.710
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 06/02/20 04/02/21 03/02/22 02/02/23 05/02/24 - - -
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
13
Last Close Price
11.45 EUR
Average target price
12.83 EUR
Spread / Average Target
+12.05%
Consensus