Nordea tops Helsinki blue-chip index after Q3 operating profit beat

Nordea Bank Abp

16/10/2025 09:21

Corrects typographical error in analyst's name in 3rd bullet

** Shares in Nordea NDAFI.HE rise about 3%, topping the Helsinki blue-chip index .OMXH25, after it posted Q3 earnings above market expectations

** Q3 operating profit was 1.60 billion euros ($1.87 billion), vs LSEG consensus of 1.52 billion euros; Q3 return on equity at 15.8%

** "The earnings beat did not have a single clear source, but in practice all relevant items exceeded expectations," Inderes analyst Sauli Vilen says in a note

** Annual guidance for a return on equity of over 15% remains unchanged; Vilen says "achieving this at this stage of the year is practically certain"

** Nordea also says it has received an ECB approval for a new 250-million-euro share buyback programme, which the analyst says was not a surprise

** If the gains hold, Nordea shares will see their best day since April

($1 = 0.8578 euros)

 (Reporting by Elviira Luoma)

 ((Elviira.luoma@thomsonreuters.com))