Nordea Bank Abp

Latest Results (21.10.2025):

Nordea Bank Abp reported strong financial results for the third quarter of 2025, demonstrating resilience and solid performance despite ongoing geopolitical tensions. The bank achieved a return on equity of 15.8% and maintained robust credit quality, while continuing to grow its lending and deposit volumes.

Strong Return on Equity

Nordea Bank Abp achieved a return on equity of 15.8% in Q3 2025, reflecting consistent profitability and alignment with the bank’s financial targets. This marks the tenth quarter out of the past eleven where Nordea has exceeded a 15% return on equity.

Resilient Income Streams

Total operating income for Q3 2025 was EUR 2.9 billion, a slight decrease of 3% year-on-year. Net interest income declined by 6% due to policy rate reductions, while net fee and commission income increased by 5%. Net insurance results grew by 10%, and despite a decrease in net fair value results, the bank maintained stable operating expenses.

Growth in Lending and Deposits

Mortgage lending surged by 6% year-on-year, supported by organic growth in Sweden and a recent acquisition in Norway. Corporate lending also increased by 6%, driven by Nordic companies adapting to the new operating environment. Retail deposits rose by 8%, and corporate deposits grew by 1%, contributing to an overall increase in assets under management by 11% to EUR 456 billion.

Robust Credit Quality

Nordea maintained strong credit quality with net loan losses resulting in a reversal of EUR 19 million. The bank released EUR 50 million from its management judgement buffer, which now stands at EUR 291 million. Excluding this release, net loan losses amounted to EUR 31 million, representing just 3 basis points.

Solid Capital Position and Share Buy-Back

The CET1 ratio stood at 15.9% at the end of Q3 2025, well above the regulatory requirement. Nordea announced a new EUR 250 million share buy-back programme, expected to be completed by the end of the year, demonstrating the bank’s commitment to shareholder returns and maintaining an efficient capital structure.