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Nordea

15.67 EUR-2.28 %30/10 17:30
32,486 following

NDA FI

NASDAQ Helsinki

Banks

Financials

Overview
Financials & Estimates
Ownership
Dividend
Short Selling
Investor views
Compare
-2.28 %
-10.36 %
-10.00 %
-2.03 %
-2.61 %
+5.77 %
+57.37 %
+48.15 %
+249.99 %

Nordea is a banking company. The company offers a range of financial services, aimed at both private and corporate customers, including traditional asset management, loan financing and pension savings. In addition, it also offers advice and security insurance, as well as currency management. Nordea has the largest operations in the Nordic and Baltic countries. The company was founded in 1997 and its headquarters are located in Helsinki.

Read more
Market cap
53.3B EUR
Turnover
91.34M EUR
P/E (adj.) (26e)
10.95
ROE-% (26e)
14.41 %
P/B (26e)
1.6
EV/S (26e)
4.45
Dividend yield-% (26e)
6.19 %
Coverage
Recommendation
Accumulate
Target price
17.00 EUR
Updated
2026-10-16
Kasper Mellas
Kasper Mellas

Analyst

Latest research

Latest analysis report

Released: 2026-10-16

Latest extensive report

Released: 2023-06-12

Revenue and EBIT-%
EPS and dividend
Financial calendar
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Forum discussions
As I understand it, risk-free fixed income securities (in practice, government bonds) or central bank deposits are the only instruments a bank can invest in without them tying up additional equity capital. From a regulatory standpoint, however, it doesn’t matter whether it’s, for...
10/16/2026, 12:55 PM
by Kasper Mellas
32
Aki wrote his Sunday column about Nordea “Rising interest rates improve bank earnings”. “Rising interest rates weigh on stock prices”. Once you’ve learned these two sentences, you have a solid foundation to become a talking head in the financial markets. Add the slightly more advanced...
10/18/2026, 2:23 PM
by Sijoittaja-alokas
27
Yep. You can also think of it this way: a 3% growth in risk-weighted assets requires a 3% growth in own funds to keep the capital adequacy ratio unchanged. A 3% growth in equity is achieved with a 20% payout ratio and a return on equity of around 15%. Of course, this is a simplified...
10/22/2026, 7:28 AM
by Kasper Mellas
24
Here is Jussi Halme’s video about Nordea Are there hidden risks behind Nordea’s excellent earnings that investors haven’t noticed yet? In this video, we dive into Nordea’s Q3 2026 report and break down the numbers that aren’t highlighted in the official releases. We take a closer...
10/19/2026, 4:28 PM
by Sijoittaja-alokas
18
Under the current capital requirements and my growth forecasts, Nordea can distribute around 80% of its earnings and keep its capital adequacy (CET1 ratio) unchanged. This estimate includes a small buffer against rising risk weights. I have assumed no changes to the actual capital...
10/22/2026, 6:35 AM
by Kasper Mellas
14
This is precisely where the structural corruption of banking regulation lies: States decide on regulations and capital adequacy rules. It is hardly a surprise that they designate their own debt securities as “risk-free” and steer banks to invest in them. From the shareholders’ perspective...
10/17/2026, 5:17 AM
by TZ
14
A potential increase in capital adequacy requirements is a so-called one-off item. However, the growth rate of the loan portfolio—assuming that the structure/risks remain the same—represents an ongoing requirement to retain part of the earnings on the balance sheet. If the loan portfolio...
10/22/2026, 6:53 AM
by Jussi Koskinen
3
Read more on our forum
Operating income and EBIT-%

Operating income B

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
28/1
2027

Annual report '26

24/3
2027

General meeting '27

22/4
2027

Interim report Q1'27

Regulatory press release2026-10-27 12:41

Change of base rate margin for some exchange traded products

Nordea
Good story or good business? How to spot a quality company | Femme x Nordea Portfolio Managers 0846:25
Video2026-10-21 15:38
by Marianne Palmu

Good story or good business? How to spot a quality company | Femme x Nordea Portfolio Managers 08

Once you understand how the company makes money, the next step is to evaluate the quality of the business. In this regard, it is worth considering whether you are looking at a good story or a truly high-quality business! In this collaborative episode by Femme and Nordea, Iman Chellaf from Nordea and Marianne Palmu from Inderes discuss, among other things, how an investor can examine the company's quality, competitive position, and future prospects, as well as how to distinguish promises from actions.

Nordea
Press release2026-10-21 12:55

Nordea: Slopad flyttskatt kan sätta fart på bostads-marknaden

Nordea

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Nordea Q3'26: Regulatory risks fail to rattle strong earnings
Research2026-10-16 09:30
by Kasper Mellas

Nordea Q3'26: Regulatory risks fail to rattle strong earnings

Nordea’s Q3 was in line with our expectations, with both the loan book and assets under management continuing to grow.

Nordea
Nordea third-quarter results 2026
Webcast2026-10-15 10:00

Nordea third-quarter results 2026

Nordea
Nordea Q3'26 snabbkommentar: Räntenettots tillväxt fortsatte
Analyst Comment2026-10-15 08:23
by Kasper Mellas

Nordea Q3'26 snabbkommentar: Räntenettots tillväxt fortsatte

Det gjordes inga ändringar i lönsamhetsguidningen, men på grund av en kommande uppdatering av kreditriskmodellerna meddelade banken att den tills vidare sätter återköpen av egna aktier på is.

Nordea
Regulatory press release2026-10-15 06:30

Nordea: Resultat för tredje kvartalet 2026

Nordea
Regulatory press release2026-10-15 06:30

Nordea: Third-quarter results 2026

Nordea
Nordea Q3'26 förhandskommentar: Räntehöjningar har förbättrat resultatutsikterna
Analyst Comment2026-10-13 07:00
by Kasper Mellas

Nordea Q3'26 förhandskommentar: Räntehöjningar har förbättrat resultatutsikterna

På rapporteringsdagen riktar vi särskilt fokus mot ledningens kommentarer om utsikterna för räntennetot och låneefterfrågan efter räntehöjningarna i september.

Nordea
Press release2026-10-07 06:00

Nordea: Höstglöd i svenska regioner

Nordea
Press release2026-10-01 10:00

Nordea to present its third-quarter results 2026 on 15 October

Nordea
First Date with a Company – What Does the Company Actually Do? | Femme x Nordea Portfolio Managers 0740:10
Video2026-09-30 13:52
by Sara Antonacci

First Date with a Company – What Does the Company Actually Do? | Femme x Nordea Portfolio Managers 07

Once you have decided to embark on the journey of a stockpicker, it is worth pausing for a moment before you hit the Buy button. In this collaborative episode by Femme and Nordea, Sanna Perälä from Nordea and Sara Antonacci from Inderes discuss why getting to know the company is worthwhile and what factors you should consider in the process.

Nordea
Press release2026-09-16 06:00

Nordea: Fickpengen hänger inte med stigande priser

Nordea
Press release2026-09-02 08:00

Nordea Economic Outlook: Resilience in motion

Nordea
Press release2026-09-02 08:00

Nordeas konjunkturrapport: Stuns i steget

Nordea
Regulatory press release2026-09-01 08:00

Nordea Bank Abp:s finansiella rapporter 2027

Nordea
Regulatory press release2026-09-01 08:00

Nordea Bank Abp's financial reporting in 2027

Nordea
Press release2026-08-26 08:00

Nordea bjuder in till pressträff för ny konjunkturrapport

Nordea
Press release2026-08-19 08:05

Peter Dalmalm utsedd till ny landschef för Nordea i Sverige

Nordea
Regulatory press release2026-08-19 08:00

Changes in Nordea's Group Leadership Team

Nordea