Nordea Bank Abp (OTCMKTS:NRDBY) Posts Quarterly Earnings Results, Misses Expectations By $0.03 EPS

Nordea Bank Abp (OTCMKTS:NRDBY) issued its quarterly earnings results on Thursday. The company reported $0.34 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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

OTCMKTS NRDBY traded down $0.01 on Thursday, hitting $12.20. 152,821 shares of the company’s stock were exchanged, compared to its average volume of 305,515. The firm has a market cap of $42.73 billion, a price-to-earnings ratio of 7.92, a P/E/G ratio of 0.84 and a beta of 0.91. The firm’s 50-day moving average price is $11.34 and its two-hundred day moving average price is $11.51. Nordea Bank Abp has a fifty-two week low of $10.30 and a fifty-two week high of $12.82. The company has a debt-to-equity ratio of 6.23, a current ratio of 1.29 and a quick ratio of 1.29.

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.