Nordea Bank Abp ( (NBNKF) ) has released its Q2 earnings. Here is a breakdown of the information Nordea Bank Abp presented to its investors.
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Nordea Bank Abp is a leading financial services group in the Nordic region, offering a wide range of banking services including personal banking, business banking, and asset management. In its half-year financial report for 2025, Nordea reported strong profitability with earnings per share of EUR 0.35 and a return on equity of 16.2%. Despite challenges from trade tariffs and geopolitical tensions, the bank maintained a resilient performance with a cost-to-income ratio of 46.1%. Key highlights include a 6% growth in mortgage lending, driven by organic growth in Sweden and a recent acquisition in Norway, and an 8% increase in retail deposit volumes. Nordea’s credit quality remained exceptionally strong, with net loan losses resulting in a reversal of EUR 21m. The bank also launched a new EUR 250m share buy-back program, reflecting its strong capital position with a CET1 ratio of 15.6%. Looking ahead, Nordea remains on track to deliver a return on equity above 15% for 2025, supported by its diversified loan portfolio and strong capital generation capabilities.