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Nordea Bank (OTC) (NRDBY)
:NRDBY
Earnings Data
Report Date
Jul 17, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
―Last Year’s EPS
0.4Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 16, 2025
|% Change Since: 5.23%
|Next Earnings Date:Jul 17, 2025
Earnings Call Sentiment|Neutral
Nordea demonstrates resilience with a strong return on equity and growth in assets under management and deposits. However, challenges include a decline in total income and operating profit, as well as cost increases. While the highlights show strength in asset management and credit quality, the financial environment remains uncertain, leading to potential future challenges.Company Guidance
In the first quarter of 2025, Nordea demonstrated strong financial performance despite global economic uncertainty. The bank's return on equity remained robust at 15.7%, aligning with its long-term target. Key financial metrics included a 6% year-on-year increase in mortgage lending volumes, primarily due to the acquisition of Danske Bank's Norwegian personal customer and private banking business, and a 7% rise in retail deposits. Corporate deposits saw an 11% increase, while assets under management grew by 9% to EUR 425 billion. Operating profit stood at EUR 1.6 billion, reflecting a 9% year-on-year decline but a 10% increase quarter-on-quarter. Nordea's cost-to-income ratio was well within the target range at 44.6%, supported by strategic investments that drove a 5% increase in costs. The bank maintained strong credit quality, with net loan losses at EUR 13 million or 1 basis point, significantly below long-term expectations. Additionally, Nordea's CET1 ratio was 15.7%, 2 percentage points above regulatory requirements. Despite a slight year-on-year decline in total income due to lower interest rates, net fee and commission income grew by 4%. The bank's guidance for 2025 remains unchanged, with an anticipated return on equity above 15% for the full year.Strong Return on Equity
Nordea reported a return on equity of 15.7%, consistent with their financial target set three years ago.
Increase in Assets Under Management
Assets under management grew by 9% year-on-year to EUR 425 billion, with net flows strongly positive at EUR 6.6 billion.
Corporate Deposits Growth
Corporate deposits increased by 11% year-on-year, reflecting strong liquidity positions among customers.
Positive Net Fee and Commission Income
Net fee and commission income grew by 4% year-on-year, driven by higher savings income and increased card and payments activity.
Stable Credit Quality and Low Loan Losses
Credit and asset quality remained strong with net loan losses significantly below long-term expectations at EUR 13 million or 1 basis point.
Solid Performance in Asset and Wealth Management
Strong net flows of EUR 3.9 billion in international channels and a 9% increase in assets under management.
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NRDBY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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NRDBY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Apr 16, 2025 | $12.62 | $12.93 | +2.46% |
| Jan 30, 2025 | $11.64 | $11.76 | +1.03% |
| Oct 17, 2024 | $10.91 | $11.54 | +5.77% |
| Jul 15, 2024 | $11.57 | $11.14 | -3.72% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Nordea Bank (OTC) (NRDBY) report earnings?
Nordea Bank (OTC) (NRDBY) is schdueled to report earning on Jul 17, 2025, TBA Not Confirmed.
What is Nordea Bank (OTC) (NRDBY) earnings time?
Nordea Bank (OTC) (NRDBY) earnings time is at Jul 17, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is NRDBY EPS forecast?
Currently, no data Available
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