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

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

Nordea Bank Abp Stock Performance

OTCMKTS NRDBY traded down $0.01 during trading hours on Thursday, hitting $12.20. The company had a trading volume of 152,821 shares, compared to its average volume of 305,515. The business has a 50 day moving average of $11.34 and a 200-day moving average of $11.51. The company has a market cap of $42.73 billion, a PE ratio of 7.92, a price-to-earnings-growth ratio of 0.84 and a beta of 0.91. Nordea Bank Abp has a 1-year low of $10.30 and a 1-year high of $12.82. The company has a debt-to-equity ratio of 6.23, a quick ratio of 1.29 and a current ratio of 1.29.

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.