Nordea Bank Abp (OTCMKTS:NRDBY) Releases Earnings Results

Nordea Bank Abp (OTCMKTS:NRDBY) released its quarterly earnings data on Wednesday. The company reported $0.36 earnings per share (EPS) for the quarter, Zacks reports. Nordea Bank Abp had a return on equity of 16.29% and a net margin of 19.84%.

Nordea Bank Abp Stock Up 2.2 %

NRDBY stock opened at $12.88 on Thursday. The company has a current ratio of 1.27, a quick ratio of 1.29 and a debt-to-equity ratio of 6.03. The company’s 50-day moving average price is $13.02 and its 200 day moving average price is $12.02. Nordea Bank Abp has a 52 week low of $10.30 and a 52 week high of $14.57. The company has a market cap of $44.95 billion, a P/E ratio of 8.31, a P/E/G ratio of 0.88 and a beta of 0.77.

Nordea Bank Abp Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, April 7th. Stockholders of record on Monday, March 24th were paid a dividend of $0.9791 per share. The ex-dividend date of this dividend was Monday, March 24th. Nordea Bank Abp’s dividend payout ratio (DPR) is presently 29.68%.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on NRDBY shares. Barclays reiterated an “overweight” rating on shares of Nordea Bank Abp in a research note on Monday, February 3rd. Morgan Stanley restated an “overweight” rating on shares of Nordea Bank Abp in a research report on Friday, March 7th.

Nordea Bank Abp Company Profile

Nordea Bank Abp offers banking products and services in Sweden, Finland, Norway, Denmark, and internationally. It operates through Personal Banking, Business Banking, Large Corporates & Institutions, and Asset & Wealth Management segments. The Personal Banking segment provides various financial services to customers through mobile banking, over the phone, online meetings, and branch offices.