Nordea Bank Abp (OTCMKTS:NRDBY - Get Free Report) was the recipient of a large drop in short interest in the month of March. As of March 15th, there was short interest totalling 29,600 shares, a drop 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.
Nordea Bank Abp Stock Down 0.3 %
Shares of OTCMKTS:NRDBY traded down $0.03 during midday trading on Friday, hitting $11.25. The stock had a trading volume of 68,502 shares, compared to its average volume of 196,156. Nordea Bank Abp has a 12 month low of $9.81 and a 12 month high of $12.90. The company has a quick ratio of 1.37, a current ratio of 1.37 and a debt-to-equity ratio of 6.03. The business's 50-day simple moving average is $11.97 and its 200-day simple moving average is $11.61. The company has a market cap of $39.62 billion, a P/E ratio of 7.65, a PEG ratio of 0.72 and a beta of 0.99.
Nordea Bank Abp (OTCMKTS:NRDBY - Get Free Report) last released its earnings results on Monday, February 5th. The company reported $0.33 earnings per share for the quarter. Nordea Bank Abp had a net margin of 20.44% and a return on equity of 16.50%. The business had revenue of $3.14 billion during the quarter. On average, sell-side analysts forecast that Nordea Bank Abp will post 1.5 earnings per share for the current fiscal year.
Nordea Bank Abp Increases Dividend
The business also recently disclosed a dividend, which will be paid on Wednesday, April 10th. Shareholders of record on Monday, March 25th will be given a dividend of $0.9872 per share. This is a boost from Nordea Bank Abp's previous dividend of $0.72. The ex-dividend date is Friday, March 22nd. Nordea Bank Abp's payout ratio is 30.61%.
About Nordea Bank Abp
(
Get Free Report)
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.
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