Last $13.64 USD
Change Today +0.135 / 1.00%
Volume 46.8K
NRBAY On Other Exchanges
Symbol
Exchange
NRBAY is not on other exchanges.
As of 8:10 PM 07/22/14 All times are local (Market data is delayed by at least 15 minutes).

nordea bank ab-spon adr (NRBAY) Key Developments

Nordea Bank AB Reports Consolidated Earnings Results for the Second Quarter and First Half Ended June 30, 2014

Nordea Bank AB reported consolidated earnings results for the second quarter and first half of 2014. For the quarter, the company reported net interest income of EUR 1,368 million compared to EUR 1,391 million a year ago. Total operating income was EUR 2,456 million compared to EUR 2,490 million a year ago. Profit before loan losses was EUR 1,070 million compared to EUR 1,234 million a year ago. Operating profit from excluding restructuring costs was EUR 1,125 million compared to EUR 1,048 million a year ago. Risk adjusted profit was EUR 876 million compared to EUR 853 million a year ago. Diluted EPS from continuing operations were 0.18 per share compared to EUR 0.20 a year ago. Diluted EPS from total operations were 0.17 per share compared to EUR 0.19 a year ago. Return on equity was 12% compared to 11.5% a year ago. Operating profit was EUR 935 million against EUR 1,048 million a year ago. For the first half, the company reported net interest income of EUR 2,730 million compared to EUR 2,749 million a year ago. Total operating income was EUR 4,957 million compared to EUR 4,996 million a year ago. Profit before loan losses was EUR 2,334 million compared to EUR 2,473 million a year ago. Operating profit from excluding restructuring costs was EUR 2,231 million compared to EUR 2,089 million a year ago. Risk adjusted profit was EUR 1,756 million compared to EUR 1,707 million a year ago. Diluted EPS from continuing operations were 0.39 per share compared to EUR 0.39 a year ago. Diluted EPS from total operations were 0.38 per share compared to EUR 0.39 a year ago. Return on equity was 11.7% compared to 11.3% a year ago. Operating profit was EUR 2,041 million against EUR 2,089 million a year ago. Cash flow used in operating activities was EUR 9,638 million against EUR 3,191 million a year ago. Property and equipment was EUR 139 million against EUR 47 million a year ago.

Svein Jacobsen Leaves the Board of Nordea Bank AB (publ) as of 31 July 2014

Svein Jacobsen has notified the board of directors that his assignment as board member of Nordea Bank AB (publ) will be discontinued early with effect from 31 July 2014, since he will not be able to comply with the new regulation on maximum number of board assignments that comes into force on 2 August 2014.

Nordea Opens Bank Office in Shopping Centre in Narva

Nordea opened a bank office in a new location in Narva. Nordea customers can perform all banking procedures and ask for loan and investment consultation in Narva's large shopping centre bank office. Similarly to all other Nordea bank offices, customers can also settle in cash in Narva. Moving and expanding the bank office allows to provide customers with even more convenient services. Nordea has had an office in Narva since July last year and during this time, both private and corporate customers interest in the bank s services and products has risen considerably.

Nordea Bank AB (publ), Q2 2014 Earnings Call, Jul 17, 2014

Nordea Bank AB (publ), Q2 2014 Earnings Call, Jul 17, 2014

Nordea Bank AB (publ), Q2 2014 Earnings Call, Jul 18, 2014

Nordea Bank AB (publ), Q2 2014 Earnings Call, Jul 18, 2014

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
NRBAY:US $13.64 USD +0.135

NRBAY Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Bank of Montreal C$81.90 CAD +0.49
Intesa Sanpaolo SpA €2.24 EUR -0.002
Standard Chartered PLC 1,209 GBp -7.00
Bank of New York Mellon Corp/The $39.06 USD +0.62
PNC Financial Services Group Inc/The $83.68 USD -0.20
View Industry Companies
 

Industry Analysis

NRBAY

Industry Average

Valuation NRBAY Industry Range
Price/Earnings 13.0x
Price/Sales 4.5x
Price/Book 1.4x
Price/Cash Flow 13.1x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact NORDEA BANK AB-SPON ADR, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.