How have NRDBY shares performed in 2024?

Nordea Bank Abp's stock was trading at $12.39 at the start of the year. Since then, NRDBY stock has decreased by 8.6% and is now trading at $11.33. View the best growth stocks for 2024 here .

Are investors shorting Nordea Bank Abp?

Nordea Bank Abp saw a decline in short interest during the month of 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 days-to-cover 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 for the quarter. The business earned $3.14 billion during the quarter. Nordea Bank Abp had a trailing twelve-month return on equity of 16.50% and a net margin of 20.44%.

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. Stockholders of record on Monday, March 25th will be given 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 positive change 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 $0.95 per share and currently has a dividend yield of 8.39%. NRDBY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 64.63%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NRDBY will have a dividend payout ratio of 62.50% 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 .

OTCMKTS:NRDBY

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

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$11.33

+0.06 (+0.53%)

(As of 04/18/2024 ET)

Compare

Today's Range: $11.23
▼
$11.45
50-Day Range: $11.15
▼
$12.48
52-Week Range: $9.81
▼
$12.90

Volume: 83,183 shs
Average Volume: 207,213 shs
Market Capitalization: $39.90 billion

P/E Ratio: 7.71
Dividend Yield: 8.38%
Price Target: N/A

Stock Analysis Chart Dividend Earnings Headlines Short Interest

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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: 0.46
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 1.33%
From $1.50 to $1.52 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.

3.60 out of 5 stars

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Nordea Bank Abp.

5.0

Short Interest

Percentage of Shares Shorted
0.00% of the outstanding shares of Nordea Bank Abp have been sold short.
Short Interest Ratio / Days to Cover
Nordea Bank Abp has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Nordea Bank Abp has recently decreased by 16.85%, indicating that investor sentiment is improving significantly.

3.3

Dividend Strength

Dividend Leadership
Nordea Bank Abp is a leading dividend payer. It pays a dividend yield of 8.39%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Nordea Bank Abp does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Nordea Bank Abp is 64.63%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Nordea Bank Abp will have a dividend payout ratio of 62.50% next year. This indicates that Nordea Bank Abp will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for NRDBY.

1.9

News and Social Media Coverage

News Sentiment
Nordea Bank Abp has a news sentiment score of 0.46. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.58 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Nordea Bank Abp this week, compared to 1 article on an average week.
MarketBeat Follows
Only 1 people have added Nordea Bank Abp to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Nordea Bank Abp insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 0.01% of the stock of Nordea Bank Abp is held by institutions.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Nordea Bank Abp are expected to grow by 1.33% in the coming year, from $1.50 to $1.52 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Nordea Bank Abp is 7.71, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.62.
Price to Earnings Ratio vs. Sector
The P/E ratio of Nordea Bank Abp is 7.71, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 59.43.
Price to Earnings Growth Ratio
Nordea Bank Abp has a PEG Ratio of 0.72. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Nordea Bank Abp has a P/B Ratio of 1.18. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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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

30 days | 90 days | 365 days | Advanced Chart

NRDBY Stock News Headlines

April 19, 2024 | gurufocus.com

Q1 2024 Nordea Bank Abp Earnings Call Transcript

April 18, 2024 | bloomberg.com

Nordea Again Posts Net Interest Income Growth, Beating Estimates

April 19, 2024 | DTI (Ad)

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April 18, 2024 | markets.businessinsider.com

Analysts Offer Insights on Financial Companies: Nordea Bank Abp (OtherNBNKF) and Bank of America (BAC)

April 18, 2024 | reuters.com

Nordea bank's Q1 earnings beat expectations

April 17, 2024 | markets.businessinsider.com

Here's what to expect from Nordea Bank Abp Registered's earnings

April 5, 2024 | markets.businessinsider.com

Nordea Bank Abp: Managers transactions - Arkilahti

March 21, 2024 | markets.businessinsider.com

Nordea's Board resolves on transfer of shares under variable remuneration programmes

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March 21, 2024 | finance.yahoo.com

Nordea Bank Abp's Dividend Analysis

March 21, 2024 | msn.com

Nordea Bank Abp goes ex dividend tomorrow

February 17, 2024 | bloomberg.com

Nordea Now Sees First Rate Cut by Norges Bank in December

February 8, 2024 | markets.businessinsider.com

Nordea Bank Abp: Managers' transactions - Wiklund

February 7, 2024 | markets.businessinsider.com

Nordea Bank Abp: Managers’ transactions – Skole

February 5, 2024 | msn.com

Nordea Bank Abp GAAP EPS of €0.31

February 5, 2024 | marketwatch.com

Nordea Expects Rreturn on Equity Above 15% in 2024

February 5, 2024 | markets.businessinsider.com

Nordea Fourth-quarter and full-year results 2023

February 4, 2024 | markets.businessinsider.com

Nordea Bank Abp Registered earnings preview: what Wall Street is expecting

January 30, 2024 | msn.com

Mizuho Americas takes stake in fintech bank consortium DirectBooks

January 18, 2024 | realmoney.thestreet.com

Nordea Bank price target lowered by EUR 0.60 at Barclays

December 29, 2023 | nasdaq.com

DELISTING OF NORDEA BANK ABP CERTIFICATES (63/23)

December 7, 2023 | uk.investing.com

Nordea Bank Abp (NDASE)

November 30, 2023 | finance.yahoo.com

All You Need to Know About Nordea Bank AB (NRDBY) Rating Upgrade to Buy

November 22, 2023 | morningstar.com

Nordea Bank Abp ADR NRDBY

November 9, 2023 | investing.com

BlackRock reduces stake in Nordea Bank Abp to below 5%

November 3, 2023 | markets.businessinsider.com

Nordea Bank Abp: Managers' transactions - Syrjä

October 25, 2023 | finance.yahoo.com

NORDEA BANK ABP (04Q.MU)

See More Headlines

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Company Calendar

Last Earnings: 2/05/2024
Ex-Dividend for 4/10 Dividend: 3/22/2024
Dividend Payable: 4/10/2024
Today: 4/19/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Sector: Finance
Industry: Commercial banks, not elsewhere classified
Sub-Industry: N/A
Current Symbol: OTCMKTS:NRDBY
CUSIP: N/A
CIK: N/A
Web: www.nordea.com
Phone: (582) 007-0000
Fax: 46-8614-8770
Employees: 31,439
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $1.47
Trailing P/E Ratio: 7.71
Forward P/E Ratio: 7.55
P/E Growth: 0.72
Net Income: $5.31 billion
Net Margins: 20.44%
Pretax Margin: 26.36%
Return on Equity: 16.50%
Return on Assets: 0.82%

Debt

Debt-to-Equity Ratio: 6.03
Current Ratio: 1.37
Quick Ratio: 1.37

Sales & Book Value

Annual Sales: $26.00 billion
Price / Sales: 1.53
Cash Flow: $1.51 per share
Price / Cash Flow: 7.49
Book Value: $9.58 per share
Price / Book: 1.18

Miscellaneous

Outstanding Shares: 3,521,500,000
Free Float: N/A
Market Cap: $39.90 billion
Optionable: Not Optionable
Beta: 0.99

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Key Executives

Mr. Frank Vang-Jensen (Age 57)
President & Group CEO
Comp: $3.27M
Mr. Jussi Koskinen (Age 51)
Group Chief Legal Officer, Head of Group Legal & Deputy MD
Comp: $1.24M
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

Key Competitors

View All Competitors

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 and commitment to rewarding shareholders.
Nordea Bank Abp's diverse range of banking products and services across multiple countries provides a broad revenue stream.
The company's consistent performance in offering financial services to various customer segments demonstrates resilience and adaptability.

Cons

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

The company's debt-to-equity ratio of 6.03 may indicate high leverage, which could pose risks during economic downturns.
While the stock price has shown some increase, the trading volume has declined by 42%, potentially signaling reduced investor interest.
Equities research analysts predict a lower earnings per share of 1.5 for the current fiscal year, which may impact stock performance.
The company's beta of 0.99 suggests that the stock's price movements are closely correlated with the market, potentially limiting returns.
Despite the positive dividend increase, Nordea Bank Abp's payout ratio of 48.30% may raise concerns about sustainability and future growth investments.

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 Friday, April 12, 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 start of the year. Since then, NRDBY stock has decreased by 8.6% and is now trading at $11.33.
View the best growth stocks for 2024 here.
Are investors shorting Nordea Bank Abp?: Nordea Bank Abp saw a decline in short interest during the month of 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 days-to-cover 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 for the quarter. The business earned $3.14 billion during the quarter. Nordea Bank Abp had a trailing twelve-month return on equity of 16.50% and a net margin of 20.44%.
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. Stockholders of record on Monday, March 25th will be given 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 positive change 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 $0.95 per share and currently has a dividend yield of 8.39%. NRDBY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 64.63%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NRDBY will have a dividend payout ratio of 62.50% 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 4/19/2024 by MarketBeat.com Staff

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