S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
3 Value Stocks Too Small For Buffett’s Portfolio
Stock market today: Asian shares are mostly higher after another set of Wall St records
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
How major US stock indexes fared Thursday, 3/28/2024
MillerKnoll, Chemours fall; Verint Systems, RH rise, Thursday, 3/28/2024
Mark Zuckerberg Says This CEO Is the 'Taylor Swift of Tech'
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
3 Value Stocks Too Small For Buffett’s Portfolio
Stock market today: Asian shares are mostly higher after another set of Wall St records
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
How major US stock indexes fared Thursday, 3/28/2024
MillerKnoll, Chemours fall; Verint Systems, RH rise, Thursday, 3/28/2024
Mark Zuckerberg Says This CEO Is the 'Taylor Swift of Tech'
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
3 Value Stocks Too Small For Buffett’s Portfolio
Stock market today: Asian shares are mostly higher after another set of Wall St records
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
How major US stock indexes fared Thursday, 3/28/2024
MillerKnoll, Chemours fall; Verint Systems, RH rise, Thursday, 3/28/2024
Mark Zuckerberg Says This CEO Is the 'Taylor Swift of Tech'
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
3 Value Stocks Too Small For Buffett’s Portfolio
Stock market today: Asian shares are mostly higher after another set of Wall St records
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
How major US stock indexes fared Thursday, 3/28/2024
MillerKnoll, Chemours fall; Verint Systems, RH rise, Thursday, 3/28/2024
Mark Zuckerberg Says This CEO Is the 'Taylor Swift of Tech'
OTCMKTS:NRDBY

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

$11.25
-0.03 (-0.27%)
(As of 03/28/2024 ET)
Today's Range
$11.11
$11.30
50-Day Range
$11.15
$12.56
52-Week Range
$9.81
$12.90
Volume
68,502 shs
Average Volume
195,696 shs
Market Capitalization
$39.62 billion
P/E Ratio
7.65
Dividend Yield
4.00%
Price Target
N/A

Nordea Bank Abp MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.00% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
0.67%
From $1.50 to $1.51 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.82 out of 5 stars

NRDBY stock logo

About Nordea Bank Abp Stock (OTCMKTS:NRDBY)

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.

NRDBY Stock Price History

NRDBY Stock News Headlines

Nordea Bank Abp (OTCMKTS:NRDBY) Trading Up 0.8%
Bombshell 2024 election documentary
2024: America’s Last Election New documentary reveals why this could be America’s Last Election… and how the elites’ plan threatens to reset the entire U.S. economy, along with your 401(k), bank, and stock portfolio.
Nordea Bank Abp's Dividend Analysis
Nordea Bank Abp: Managers' transactions - Wiklund
Nordea Bank Abp: Managers’ transactions – Skole
Bombshell 2024 election documentary
2024: America’s Last Election New documentary reveals why this could be America’s Last Election… and how the elites’ plan threatens to reset the entire U.S. economy, along with your 401(k), bank, and stock portfolio.
Nordea Bank Abp GAAP EPS of €0.31
Nordea Expects Rreturn on Equity Above 15% in 2024
Nordea Fourth-quarter and full-year results 2023
Nordea Bank price target lowered by EUR 0.60 at Barclays
Nordea Bank Abp (NDASE)
Nordea Bank Abp ADR NRDBY
Nordea Bank Abp: Managers' transactions - Syrjä
NORDEA BANK ABP (04Q.MU)
Nordea Bank Abp: Managers’ transactions –Strömberg
Nordea Bank Abp (NBNKF) Gets a Buy from Barclays
UBS Remains a Buy on Nordea Bank Abp (NBNKF)
Berenberg Bank Sticks to Its Buy Rating for Nordea Bank Abp (NBNKF)
See More Headlines
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Company Calendar

Last Earnings
2/05/2024
Ex-Dividend for 4/10 Dividend
3/22/2024
Today
3/29/2024
Dividend Payable
4/10/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Commercial banks, not elsewhere classified
Sub-Industry
N/A
Current Symbol
OTCMKTS:NRDBY
CIK
N/A
Employees
31,439
Year Founded
N/A

Profitability

Net Income
$5.31 billion
Pretax Margin
26.36%

Debt

Sales & Book Value

Annual Sales
$26.00 billion
Cash Flow
$1.51 per share
Book Value
$9.58 per share

Miscellaneous

Outstanding Shares
3,521,500,000
Free Float
N/A
Market Cap
$39.62 billion
Optionable
Not Optionable
Beta
0.99

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Key Executives

  • Mr. Frank Vang-Jensen (Age 57)
    President & Group CEO
    Comp: $3.34M
  • Mr. Jussi Koskinen (Age 51)
    Group Chief Legal Officer, Head of Group Legal & Deputy MD
    Comp: $1.26M
  • Mr. Ian Stuart Smith (Age 58)
    Group CFO & Head of Group Finance
  • Mr. Paul Bari
    Group CIO and Head of Group Technology
  • Mr. Ilkka Ottoila
    Head of Investor Relations
  • Mr. James Graham (Age 50)
    Chief Compliance Officer & Head of Group Compliance
  • Ms. Ulrika Alexandra Elisabeth Romantschuk B.Sc. (Pol.) (Age 58)
    M.Sc.Pol., Head of Group Brand, Communications & Marketing
  • Ms. Christina Gadeberg (Age 54)
    Chief People Officer, Head of Group People & Executive VP
  • Mr. Johan Ekwall (Age 61)
    Chief of Staff
  • Mr. Ari Antero Kaperi M.Sc. (Econ.) (Age 64)
    Head of Business Banking & Country Senior Executive In Finland

Should I Buy Nordea Bank Abp Stock? NRDBY Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Nordea Bank Abp:

  • Nordea Bank Abp has a strong market capitalization of $39.62 billion, indicating stability and potential growth.
  • The company's price-to-earnings ratio of 8.30 suggests that the stock may be undervalued compared to its earnings potential.
  • Recent dividend increase from $0.72 to $0.9872 indicates a positive outlook on the company's financial health and commitment to shareholders.
  • Nordea Bank Abp's diverse range of banking products and services across multiple countries provides a broad revenue stream and reduces dependency on a single market.
  • The company's consistent quarterly earnings performance, with $0.33 earnings per share reported, demonstrates financial stability and growth potential.

Cons

Investors should be bearish about investing in Nordea Bank Abp for these reasons:

  • The company's debt-to-equity ratio of 6.03 is relatively high, indicating a higher level of debt compared to equity, which may pose risks in case of economic downturns.
  • While the stock price has shown a slight increase, the trading volume has declined by 42%, suggesting potential lower investor interest or liquidity issues.
  • The company's payout ratio of 48.30% may limit future growth opportunities or reinvestment in the business due to higher dividend payments.
  • With a beta of 0.99, Nordea Bank Abp's stock may not be as volatile as the market, potentially limiting short-term trading opportunities for investors seeking higher returns.
  • Equities research analysts predicting a lower earnings per share of 1.5 for the current fiscal year may indicate challenges or slower growth prospects ahead.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, March 26, 2024. Please send any questions or comments about these Nordea Bank Abp pros and cons to contact@marketbeat.com.

NRDBY Stock Analysis - Frequently Asked Questions

How have NRDBY shares performed in 2024?

Nordea Bank Abp's stock was trading at $12.39 at the beginning of the year. Since then, NRDBY shares have decreased by 9.2% and is now trading at $11.25.
View the best growth stocks for 2024 here
.

Are investors shorting Nordea Bank Abp?

Nordea Bank Abp saw a decline in short interest in March. As of March 15th, there was short interest totaling 29,600 shares, a decline of 16.9% from the February 29th total of 35,600 shares. Based on an average daily trading volume, of 537,700 shares, the short-interest ratio is currently 0.1 days.
View Nordea Bank Abp's Short Interest
.

How were Nordea Bank Abp's earnings last quarter?

Nordea Bank Abp (OTCMKTS:NRDBY) posted its quarterly earnings data on Monday, February, 5th. The company reported $0.33 earnings per share (EPS) for the quarter. The firm had revenue of $3.14 billion for the quarter. Nordea Bank Abp had a net margin of 20.44% and a trailing twelve-month return on equity of 16.50%.

How often does Nordea Bank Abp pay dividends? What is the dividend yield for Nordea Bank Abp?

Nordea Bank Abp declared a dividend on Wednesday, February 21st. Investors of record on Monday, March 25th will be paid a dividend of $0.9872 per share on Wednesday, April 10th. The ex-dividend date of this dividend is Friday, March 22nd. This is a boost from the stock's previous dividend of $0.72.
Read our dividend analysis for NRDBY
.

Is Nordea Bank Abp a good dividend stock?

Nordea Bank Abp (OTCMKTS:NRDBY) pays an annual dividend of $0.45 per share and currently has a dividend yield of 4.02%. NRDBY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 30.61%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NRDBY will have a dividend payout ratio of 29.80% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NRDBY.

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.

This page (OTCMKTS:NRDBY) was last updated on 3/29/2024 by MarketBeat.com Staff

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