Nordea falls as it pauses share buybacks, posts Q3 earnings miss
15/10/2026 08:27
BUZZ-Nordea falls as it pauses share buybacks, posts Q3 earnings miss ** Shares in Finland's Nordea Bank NDAFI.HE fall around 5% after its Q3 operating profit missed market expectations and it said it would pause share buybacks pending an ECB capital models review
** "Key negative of the result is that share buybacks are now on pause until RWA (risk-weighted assets) impact from ECB model review is known," Jefferies says
** Nordea's Q3 operating profit was €1.54 billion ($1.73 billion) vs €1.63 billion expected by analysts according to LSEG data
** If the losses hold, the shares will see their worst trading day since April 2025
($1 = 0.8917 euros)
(Reporting by Elviira Luoma)
((elviira.luoma@thomsonreuters.com; +48 58 769 66 46;))
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Nordea falls as it pauses share buybacks, posts Q3 earnings miss
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