OTCMKTS:NRDBY

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

$10.86

-0.16 (-1.45%)

(As of 09/26/2023 ET)

Compare

Today's Range: $10.84
▼
$10.95
50-Day Range: $10.74
▼
$11.59
52-Week Range: $8.35
▼
$12.92

Volume: 95,789 shs
Average Volume: 104,987 shs
Market Capitalization: $38.77 billion

P/E Ratio: 8.04
Dividend Yield: 6.54%
Price Target: N/A

Profile Analyst Ratings Chart Competitors Dividend Earnings Headlines Short Interest

Nordea Bank Abp MarketRank™ Forecast

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: 1.40%
From $1.43 to $1.45 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.54 out of 5 stars

N/A

Analyst's Opinion

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

3.0

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 0.5, 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 increased by 74.26%, indicating that investor sentiment is decreasing significantly.

3.3

Dividend Strength

Dividend Leadership
Nordea Bank Abp is a leading dividend payer. It pays a dividend yield of 6.35%, 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 52.59%. 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 48.97% 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.

2.6

News and Social Media Coverage

News Sentiment
Nordea Bank Abp has a news sentiment score of 0.76. 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 news sentiment score is similar to the average news sentiment of Finance companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Nordea Bank Abp this week, compared to 0 articles on an average week.
MarketBeat Follows
3 people have added Nordea Bank Abp to their MarketBeat watchlist in the last 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 1.40% in the coming year, from $1.43 to $1.45 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Nordea Bank Abp is 8.04, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.06.
Price to Earnings Ratio vs. Sector
The P/E ratio of Nordea Bank Abp is 8.04, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 86.11.
Price to Earnings Growth Ratio
Nordea Bank Abp has a PEG Ratio of 0.79. 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 1.20. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Nordea Bank Abp (OTCMKTS:NRDBY) Stock

Nordea Bank Abp offers banking products and services in Sweden, Finland, Norway, Denmark, and internationally. It operates through Personal Banking, Business Banking, Large Corporates and Institutions, and Asset and Wealth Management segments. The Personal Banking segment provides various financial services to household 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 finance solutions to corporate and personal customers. The Large Corporates and Institutions segment provides financing, cash management and payment, investment banking, and securities services, as well as capital market products and securities to corporate and institutional customers. The Asset and Wealth Management segment offers investment, savings, and risk management solutions to high net worth individuals and institutional investors. This segment also offers private banking, life and pensions products, and asset management services. Nordea Bank Abp was founded in 1820 and is headquartered in Helsinki, Finland.

NRDBY Price History

30 days | 90 days | 365 days | Advanced Chart

NRDBY Stock News Headlines

September 25, 2023 | americanbankingnews.com

Contrasting Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) & Nordea Bank Abp (OTCMKTS:NRDBY)

September 19, 2023 | finance.yahoo.com

Nordea Bank cancels 12.3 million treasury shares

September 27, 2023 | Legacy Research (Ad)

WARNING: Mandatory U.S. Dollar Recall is Weeks Away

If you have any U.S. dollars in your bank account… You must see this shocking video exposing the government’s new plan to recall the U.S. dollar. According to Business Insider, this recall “could be imminent.” And if you don’t prepare now, you could end up holding a bunch of worthless U.S. dollars.

September 17, 2023 | msn.com

Nordea Bank: Not All That Glitters Is Gold

September 12, 2023 | msn.com

Nordea: Plenty Of Upside Potential From This Undervalued Banking Stock (Rating Upgrade)

September 6, 2023 | finance.yahoo.com

Nordea Bank AB (NRDBY) Upgraded to Buy: What Does It Mean for the Stock?

July 27, 2023 | markets.businessinsider.com

Nordea Bank Abp: Nordea Bank Abp: Managers' transactions - Boelaars

July 22, 2023 | markets.businessinsider.com

Nordea Bank Abp: Managers transactions

September 27, 2023 | Legacy Research (Ad)

WARNING: Mandatory U.S. Dollar Recall is Weeks Away

July 18, 2023 | markets.businessinsider.com

Nordea Bank Abp (NBNKF) Receives a Buy from Deutsche Bank

July 17, 2023 | msn.com

Nordea Bank Abp GAAP EPS of €0.37

June 14, 2023 | markets.businessinsider.com

J.P. Morgan downgrades Nordea Bank Abp (NBNKF) to a Hold

May 23, 2023 | markets.businessinsider.com

J.P. Morgan Sticks to Their Buy Rating for Nordea Bank Abp (NBNKF)

May 12, 2023 | markets.businessinsider.com

Nordea Bank Abp (NBNKF) Receives a Hold from Goldman Sachs

May 11, 2023 | morningstar.com

Nordea Bank Abp ADR

May 10, 2023 | markets.businessinsider.com

Nordea Bank Abp: Managers' transactions - Talma

May 4, 2023 | markets.businessinsider.com

Nordea Bank Abp: Changes in Nordeas own shares

April 29, 2023 | seekingalpha.com

Nordea Bank Abp GAAP EPS of €0.31, revenue of €2.92B; initiates FY23 & FY25 guidance

April 28, 2023 | marketwatch.com

Nordea's First-Quarter Net Profit Beat Forecasts on Higher Net Interest Income

April 28, 2023 | markets.businessinsider.com

Analysts Offer Insights on Financial Companies: CTO Realty Growth (CTO), Deutsche Bank AG (DB) and Nordea Bank Abp (OtherNBNKF)

April 27, 2023 | bloomberg.com

Nordea Bank First-Quarter Income From Lending Beats Estimates

April 27, 2023 | markets.businessinsider.com

Nordea Bank Abp: First-quarter results 2023

April 14, 2023 | markets.businessinsider.com

Analysts Offer Insights on Financial Companies: PNC Financial (PNC) and Nordea Bank Abp (OtherNBNKF)

April 5, 2023 | markets.businessinsider.com

Nordea Bank Abp: Managers' transactions - Ekman

April 5, 2023 | finance.yahoo.com

Are Investors Undervaluing Nordea Bank (NRDBY) Right Now?

April 4, 2023 | markets.businessinsider.com

Nordea Bank Abp: Changes in Nordea's own shares

March 29, 2023 | markets.businessinsider.com

Nordea Bank Abp: Nordea provides comparative financial information following implementation of IFRS 17

See More Headlines

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NRDBY Company Calendar

Last Earnings: 7/17/2023
Today: 9/27/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Industry: Commercial banks, not elsewhere classified
Sub-Industry: N/A
Sector: Finance
Current Symbol: OTCMKTS:NRDBY
CUSIP: N/A
CIK: N/A
Web: www.nordea.com
Phone: (582) 007-0000
Fax: 46-8614-8770
Employees: 30,500
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $1.35
Trailing P/E Ratio: 8.04
Forward P/E Ratio: 7.59
P/E Growth: 0.79
Net Income: $3.79 billion
Net Margins: 24.69%
Pretax Margin: 32.17%
Return on Equity: 15.74%
Return on Assets: 0.78%

Debt

Debt-to-Equity Ratio: 6.72
Current Ratio: 1.38
Quick Ratio: 1.38

Sales & Book Value

Annual Sales: $13.79 billion
Price / Sales: 2.81
Cash Flow: $1.01 per share
Price / Cash Flow: 10.74
Book Value: $9.08 per share
Price / Book: 1.20

Miscellaneous

Outstanding Shares: 3,569,750,000
Free Float: N/A
Market Cap: $38.77 billion
Optionable: Not Optionable
Beta: 1.08

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Key Executives

Mr. Frank Vang-Jensen (Age 56)
Pres & Group CEO
Comp: $3.19M

Mr. Jussi Koskinen (Age 50)
Group Chief Legal Officer, Head of Group Legal & Deputy MD
Comp: $1.19M

Mr. Ian Stuart Smith (Age 57)
Group CFO & Head of Group Fin.

Mr. Paul Bari
Group CIO and Head of Group Technology

Mr. Matti Ahokas (Age 52)
Head of Investor Relations

Mr. James Graham (Age 49)
Chief Compliance Officer & Head of Group Compliance

Ms. Ulrika Alexandra Elisabeth Romantschuk B.Sc. (Pol.) (Age 57)
M.Sc.Pol., Head of Group Brand, Communications & Marketing

Ms. Christina Gadeberg (Age 53)
Chief People Officer, Head of Group People & Exec. VP

Mr. Johan Ekwall (Age 60)
Chief of Staff

Mr. Ari Antero Kaperi M.Sc. (Econ.) (Age 63)
Head of Bus. Banking & Country Sr. Exec. In Finland

Key Competitors

View All Competitors

NRDBY Stock - Frequently Asked Questions

Should I buy or sell Nordea Bank Abp stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Nordea Bank Abp in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" NRDBY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NRDBY, but not buy additional shares or sell existing shares.
View NRDBY analyst ratings or view top-rated stocks.
How have NRDBY shares performed in 2023?: Nordea Bank Abp's stock was trading at $10.81 at the beginning of the year. Since then, NRDBY stock has increased by 0.5% and is now trading at $10.86.
View the best growth stocks for 2023 here.
Are investors shorting Nordea Bank Abp?: Nordea Bank Abp saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 94,800 shares, an increase of 74.3% from the August 15th total of 54,400 shares. Based on an average daily volume of 206,100 shares, the days-to-cover ratio is currently 0.5 days.
View Nordea Bank Abp's Short Interest.
How were Nordea Bank Abp's earnings last quarter?: Nordea Bank Abp (OTCMKTS:NRDBY) released its earnings results on Monday, July, 17th. The company reported $0.40 EPS for the quarter. The firm had revenue of $3.22 billion for the quarter. Nordea Bank Abp had a trailing twelve-month return on equity of 15.74% and a net margin of 24.69%.
How often does Nordea Bank Abp pay dividends? What is the dividend yield for Nordea Bank Abp?: Nordea Bank Abp announced a dividend on Saturday, March 18th. Shareholders of record on Monday, March 27th will be paid a dividend of $0.7152 per share on Monday, April 10th. This represents a dividend yield of 6.4%. The ex-dividend date of this dividend is Friday, March 24th. This is a positive change from the stock's previous dividend of $0.49.
Read our dividend analysis for NRDBY.
Is Nordea Bank Abp a good dividend stock?: Nordea Bank Abp (OTCMKTS:NRDBY) pays an annual dividend of $0.71 per share and currently has a dividend yield of 6.35%. NRDBY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 52.59%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NRDBY will have a dividend payout ratio of 48.97% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NRDBY.

What is Nordea Bank Abp's stock symbol?: Nordea Bank Abp trades on the OTCMKTS under the ticker symbol "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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Nordea Bank Abp's stock price today?: One share of NRDBY stock can currently be purchased for approximately $10.86.
How much money does Nordea Bank Abp make?: Nordea Bank Abp (OTCMKTS:NRDBY) has a market capitalization of $38.77 billion and generates $13.79 billion in revenue each year. The company earns $3.79 billion in net income (profit) each year or $1.35 on an earnings per share basis.
How many employees does Nordea Bank Abp have?: The company employs 30,500 workers across the globe.
How can I contact Nordea Bank Abp?: Nordea Bank Abp's mailing address is Satamaradankatu 5 Nordea, Helsinki H9, 00020. The official website for the company is www.nordea.com. The company can be reached via phone at (582) 007-0000, via email at investor-relations@nordea.com, or via fax at 46-8614-8770.

This page (OTCMKTS:NRDBY) was last updated on 9/27/2023 by MarketBeat.com Staff

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