Brief: Nordea Outlook For 2025: Return On Equity To Stay Above 15%

Nordea Bank Abp

30/01/2025 05:33

Jan 30 (Reuters) - Nordea Bank Abp  NDAFI.HE :
    * NORDEA'S FINANCIAL OUTLOOK FOR 2025 IS A RETURN ON EQUITY
OF
ABOVE 15%
    * DIVIDEND PROPOSAL EUR 0.94 PER SHARE VERSUS IBES ESTIMATE
EUR
0.95 PER SHARE
    * OUTLOOK FOR 2025: RETURN ON EQUITY TO STAY ABOVE 15%
    * Q4 OPERATING PROFIT EUR 1,467 MILLION VERSUS IBES ESTIMATE
EUR
1,508 MILLION
    * Q4 NET PROFIT EUR 1,129 MILLION VERSUS IBES ESTIMATE EUR
1,136
MILLION
    * LOAN LOSSES WERE LOW, REFLECTING OUR STRONG CREDIT QUALITY
AND
DIVERSIFIED LOAN PORTFOLIO
    * Q4 NET LOAN LOSSES AND SIMILAR NET RESULT EUR -54 MILLION
VERSUS
EUR -83 MILLION YEAR AGO
    * DEMAND FOR NEW LOAN PROMISES INCREASED, INDICATING THAT
HOUSING
MARKETS ARE IMPROVING
    * THERE ARE SIGNS THAT ECONOMIC ACTIVITY IS PICKING UP, 
REGION
MAY BE TURNING CORNER
    * WE WILL CONTINUE TO DEPLOY CAPITAL IN THIS MANNER TO DRIVE
GROWTH AND AIM TO KEEP RETURNING EXCESS CAPITAL THROUGH SHARE
BUY-BACKS

Source text:  ID:nWkrybcNT 
Further company coverage:  NDAFI.HE 

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