15.07.2024 07:23:37 - dpa-AFX: Nordea Bank Q2 EPS Flat, Operating Profit Down
BERLIN (dpa-AFX) - Nordea Bank Abp (NRDEF.PK) reported Monday that its
second-quarter earnings per share were 0.37 euro, unchanged from a year ago.
Operating profit was down 2 percent to 1.68 billion euros from last year's 1.72
billion euros. Profit before loan losses was 1.75 billion euros, same as the
prior year.
Total income improved 3 percent to 3.03 billion euros from prior year's 2.96
billion euros.
Net interest income grew 4 percent and net fee and commission income returned to
growth, up 6 percent.
Looking ahead for fiscal 2024, the company continues to expect return on equity
above 15 percent.
'Nordea has a strong and resilient business model with a very well-diversified
loan portfolio across the Nordic region. This enables the bank to support its
customers and deliver high-quality earnings, with high profitability and low
volatility, through the economic cycle,' it said.
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