Nordea Bank Abp (OTCMKTS:NRDBY) Announces Earnings Results

Nordea Bank Abp (OTCMKTS:NRDBY) issued its earnings results on Thursday. The company reported $0.34 EPS for the quarter, missing the consensus estimate of $0.37 by ($0.03), Zacks reports. Nordea Bank Abp had a return on equity of 16.41% and a net margin of 19.28%.

Nordea Bank Abp Stock Performance

Shares of OTCMKTS:NRDBY traded down $0.01 during trading on Thursday, reaching $12.20. 152,821 shares of the company’s stock traded hands, compared to its average volume of 305,515. The company has a debt-to-equity ratio of 6.23, a current ratio of 1.29 and a quick ratio of 1.29. The company has a 50 day moving average of $11.34 and a 200-day moving average of $11.51. Nordea Bank Abp has a 12 month low of $10.30 and a 12 month high of $12.82. The stock has a market capitalization of $42.73 billion, a P/E ratio of 7.92, a price-to-earnings-growth ratio of 0.84 and a beta of 0.91.

About Nordea Bank Abp

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.