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Nordea Bank AbpHLSE:NDA FI Stock Report

Market Cap €53.8b
Share Price
€16.17
€16.64
2.8% undervalued intrinsic discount
1Y25.5%
7D4.7%
Portfolio Value
View

Nordea Bank Abp

HLSE:NDA FI Stock Report

Market Cap: €53.8b

Nordea Bank Abp (NDA FI) Stock Overview

Offers banking products and services for individuals, families, and businesses in Sweden, Finland, Norway, Denmark, and internationally. More details

NDA FI fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance2/6
Financial Health4/6
Dividends4/6

NDA FI Community Fair Values

Create Narrative

See what 55 others think this stock is worth. Follow their fair value or set your own to get alerts.

Nordea Bank Abp Competitors

Price History & Performance

Summary of share price highs, lows and changes for Nordea Bank Abp
Historical stock prices
Current Share Price€16.17
52 Week High€17.11
52 Week Low€11.97
Beta0.62
1 Month Change1.83%
3 Month Change-2.27%
1 Year Change25.46%
3 Year Change70.79%
5 Year Change84.74%
Change since IPO70.16%

Recent News & Updates

Narrative Update Apr 23

NDA FI: Dividend Policy And Arctic Financing Stance Will Shape Balanced Outlook

Analysts have trimmed their price target for Nordea Bank Abp by about €0.39 to reflect slightly revised fair value assumptions, including modest updates to revenue growth, profit margin and future P/E expectations. What's in the News At the 24 March 2026 Annual General Meeting, shareholders voted against a proposal by Swedish Society for Nature Conservation and Action Aid Denmark to amend Nordea's Articles of Association regarding fossil fuel financing in the Arctic region, keeping the current wording of the bylaws unchanged.
Narrative Update Apr 08

NDA FI: Dividend Flexibility Will Support Bullish Case Despite Arctic Financing Stance

Analysts have trimmed their price target for Nordea Bank Abp to about €17.03 from roughly €17.19, reflecting updated views on discount rates, revenue growth, profit margins, and future P/E assumptions. What's in the News At the Annual General Meeting on 24 March 2026, shareholders resolved not to adopt a proposal from the Swedish Society for Nature Conservation and Action Aid Denmark to amend the Articles of Association regarding financing of certain upstream fossil fuel activities in the Arctic region (AGM minutes).
Narrative Update Mar 25

NDA FI: Dividend Policy And Arctic Financing Stance Will Support Bullish Outlook

Analysts have trimmed their price target for Nordea Bank Abp slightly, from €17.35 to about €17.19. The change reflects small adjustments to assumptions on fair value, revenue growth, profit margin and future P/E expectations.

Recent updates

Narrative Update Apr 23

NDA FI: Dividend Policy And Arctic Financing Stance Will Shape Balanced Outlook

Analysts have trimmed their price target for Nordea Bank Abp by about €0.39 to reflect slightly revised fair value assumptions, including modest updates to revenue growth, profit margin and future P/E expectations. What's in the News At the 24 March 2026 Annual General Meeting, shareholders voted against a proposal by Swedish Society for Nature Conservation and Action Aid Denmark to amend Nordea's Articles of Association regarding fossil fuel financing in the Arctic region, keeping the current wording of the bylaws unchanged.
Narrative Update Apr 08

NDA FI: Dividend Flexibility Will Support Bullish Case Despite Arctic Financing Stance

Analysts have trimmed their price target for Nordea Bank Abp to about €17.03 from roughly €17.19, reflecting updated views on discount rates, revenue growth, profit margins, and future P/E assumptions. What's in the News At the Annual General Meeting on 24 March 2026, shareholders resolved not to adopt a proposal from the Swedish Society for Nature Conservation and Action Aid Denmark to amend the Articles of Association regarding financing of certain upstream fossil fuel activities in the Arctic region (AGM minutes).
Narrative Update Mar 25

NDA FI: Dividend Policy And Arctic Financing Stance Will Support Bullish Outlook

Analysts have trimmed their price target for Nordea Bank Abp slightly, from €17.35 to about €17.19. The change reflects small adjustments to assumptions on fair value, revenue growth, profit margin and future P/E expectations.
Narrative Update Mar 09

NDA FI: Dividend Flexibility Will Support Bullish Outlook Despite Arctic Financing Proposal

Analysts have made only a marginal adjustment to their price target for Nordea Bank Abp, keeping fair value around €17.35 as small tweaks in the discount rate, revenue growth outlook and P/E assumptions largely offset each other. What's in the News Shareholder groups Swedish Society for Nature Conservation and Action Aid Denmark have submitted a proposal for the AGM to amend Nordea's Articles of Association to restrict financing for upstream fossil fuel companies involved in new long lead time oil and gas projects north of the Arctic Circle, citing environmental, climate related and financial risk concerns.
Narrative Update Feb 23

NDA FI: Fair Outlook Will Weigh Dividend Flexibility Against Arctic Financing Constraints

Analysts have nudged their price target on Nordea Bank Abp to €17.35, citing slightly adjusted assumptions for the discount rate, revenue growth, profit margin and future P/E ratio, which together support a broadly steady valuation framework. What's in the News A shareholder proposal has been submitted to amend Nordea Bank Abp's Articles of Association in order to restrict financing and facilitation services for new long lead time upstream oil and gas projects located north of the Arctic Circle.
Narrative Update Feb 08

NDA FI: Fair Outlook Will Reflect Dividend Prospects And Capital Markets Role

Analysts have raised their price target on Nordea Bank Abp to €17.35 from €16.84, citing updated assumptions for revenue, profit margins, the discount rate and future P/E levels. What's in the News The Board of Directors has proposed a dividend of €0.96 per share for 2025, compared with €0.94 per share for 2024.
Analysis Article Feb 01

Nordea Bank Abp (HEL:NDA FI) Yearly Results: Here's What Analysts Are Forecasting For This Year

The annual results for Nordea Bank Abp ( HEL:NDA FI ) were released last week, making it a good time to revisit its...
Narrative Update Jan 25

NDA FI: Fair Outlook Will Reflect Adjusted Profitability And Capital Markets Role

Analysts have lifted their price target for Nordea Bank Abp from €15.65 to about €16.84, citing updated assumptions around discount rates, revenue growth, profit margins, and future P/E levels. What's in the News Tryg Forsikring A/S has appointed Nordea and Danske Bank as Joint Lead Managers for a digital fixed income investor meeting scheduled for 10 November 2025, focused on potential Perpetual Restricted Tier 1 Capital Notes issuance (Key Developments).
Narrative Update Jan 10

NDA FI: Share Buybacks And Capital Markets Role Will Guide Steady Outlook

Analysts have slightly adjusted their price target on Nordea Bank Abp, keeping fair value unchanged at €15.65 while fine tuning assumptions such as discount rate, revenue growth, profit margin and future P/E to reflect updated modelling rather than a major shift in outlook. What's in the News Tryg Forsikring A/S appointed Nordea and Danske Bank as Joint Lead Managers for a digital fixed income investor meeting on 10 November 2025 to discuss potential issuance of NOK and/or SEK Perpetual Restricted Tier 1 Capital Notes with a targeted 5.75 year maturity to first call, subject to market conditions (Key Developments).
Narrative Update Dec 20

NDA FI: Share Buybacks And Capital Markets Role Will Shape Outlook

Analysts have modestly raised their price target for Nordea Bank Abp to €15.65 from €15.44, reflecting slightly higher long term revenue growth assumptions and a richer forward P E multiple, despite a largely unchanged profitability outlook. What's in the News Nordea has been mandated, alongside Danske Bank, as Joint Lead Manager for Tryg Forsikring's planned digital fixed income investor meeting on 10 November 2025.
Narrative Update Dec 06

NDA FI: Share Buybacks And Margins Will Shape Fair Value Outlook

Analysts have nudged their price target for Nordea Bank Abp slightly higher from €15.34 to €15.44, citing marginally stronger long term revenue growth, improved profit margin expectations, and a modestly lower discount rate that together support a slightly richer valuation multiple. What's in the News Nordea acted as Joint Lead Manager alongside Danske Bank for Tryg Forsikring's planned issuance of NOK and or SEK denominated Perpetual Restricted Tier 1 Capital Notes, targeting a 5.75 year maturity to first call with an expected Baa3 rating and loss absorption features (Key Developments).
Narrative Update Nov 22

NDA FI: Share Buyback and Margin Trends Will Drive Fair Value Ahead

Analysts have slightly raised their price target for Nordea Bank Abp to €15.34, reflecting minor adjustments in the discount rate and revenue growth expectations. What's in the News Tryg Forsikring A/S has mandated Nordea Bank Abp and Danske Bank as Joint Lead Managers to organize a digital fixed income investor meeting scheduled for November 10, 2025.
Narrative Update Nov 06

NDA FI: Share Buyback and Margin Outlook Will Shape Fair Value Ahead

Analysts have raised their price target for Nordea Bank Abp to €15.34 from €15.19, pointing to improved revenue growth prospects and higher projected profit margins as key drivers for the upward revision. What's in the News Between July 1, 2025 and September 30, 2025, Nordea Bank Abp repurchased 16,661,567 shares, representing 0.48% of total shares, for a total of €215.77 million (Key Developments).
Narrative Update Oct 22

Analysts Raise Nordea Bank Price Target as Valuation Metrics Improve on Share Buyback Program

Analysts have raised their price target for Nordea Bank Abp from €14.91 to €15.19, citing increases in expected revenue growth and profit margins. What's in the News From July 1, 2025 to September 30, 2025, Nordea Bank Abp repurchased 16,661,567 shares, representing 0.48% of its total shares, for €215.77 million.
Analysis Article Oct 18

Nordea Bank Abp Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

It's been a good week for Nordea Bank Abp ( HEL:NDA FI ) shareholders, because the company has just released its latest...
Narrative Update Oct 08

Digital Expansion And Nordic Wealth Will Unlock Future Potential

Analysts have raised their price target for Nordea Bank Abp from €14.51 to €14.91, citing modest improvements in key financial metrics and underlying fundamentals. What's in the News Kojamo has appointed Nordea Bank Abp as the securities broker for its share buyback program.
Narrative Update Sep 24

Digital Expansion And Nordic Wealth Will Unlock Future Potential

Despite a notable decline in consensus revenue growth forecasts and a modest increase in future P/E, Nordea Bank Abp’s consensus analyst price target saw a marginal rise from €14.29 to €14.51. What's in the News Kojamo appointed Nordea Bank Abp as the independent securities broker for its share buyback program, giving Nordea authority over trading decisions within set limits.
Narrative Update Aug 27

Digital Expansion And Nordic Wealth Will Unlock Future Potential

With both the consensus price target and the future P/E ratio remaining effectively unchanged, analysts’ outlook on Nordea Bank Abp's valuation is steady, with only a marginal decrease in fair value from €14.20 to €14.01. What's in the News Nordea Bank Abp has been appointed as the securities broker for Kojamo’s share buyback program, executing trades independently within predetermined limits.
User avatar
New Narrative Nov 07

Decisive Acquisitions And AI Drive Growth But Competitive Pressures Dim Outlook

Strategic investments in technology and AI aim to boost operational efficiency, customer experience, and potentially lead to higher revenue and improved net margins.

Shareholder Returns

NDA FIFI BanksFI Market
7D4.7%2.4%2.1%
1Y25.5%21.8%28.2%

Return vs Industry: NDA FI exceeded the Finnish Banks industry which returned 21.8% over the past year.

Return vs Market: NDA FI underperformed the Finnish Market which returned 28.2% over the past year.

Price Volatility

Is NDA FI's price volatile compared to industry and market?
NDA FI volatility
NDA FI Average Weekly Movement3.6%
Banks Industry Average Movement4.0%
Market Average Movement5.1%
10% most volatile stocks in FI Market8.0%
10% least volatile stocks in FI Market3.2%

Stable Share Price: NDA FI has not had significant price volatility in the past 3 months compared to the Finnish market.

Volatility Over Time: NDA FI's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
182028,747Frank Vang-Jensenwww.nordea.com

Nordea Bank Abp offers banking products and services for individuals, families, and businesses in Sweden, Finland, Norway, Denmark, and internationally. It operates through Personal Banking, Business Banking, Large Corporates & Institutions, and Asset & Wealth Management segments. The company provides various financial services to customers through mobile banking, over the phone, online meetings, and branch offices.

Nordea Bank Abp Fundamentals Summary

How do Nordea Bank Abp's earnings and revenue compare to its market cap?
NDA FI fundamental statistics
Market cap€53.79b
Earnings (TTM)€4.71b
Revenue (TTM)€11.58b
11.7x
P/E Ratio
1.8x
P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NDA FI income statement (TTM)
Revenue€11.58b
Cost of Revenue€0
Gross Profit€11.58b
Other Expenses€6.87b
Earnings€4.71b

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

Jul 16, 2026

Earnings per share (EPS)1.39
Gross Margin100.00%
Net Profit Margin40.64%
Debt/Equity Ratio766.1%

How did NDA FI perform over the long term?

See historical performance and comparison

Dividends

5.9%
Current Dividend Yield
70%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/20 18:02
End of Day Share Price 2026/05/20 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Nordea Bank Abp is covered by 40 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Christoffer Eric RosquistBarclays
Namita SamtaniBarclays