Nordea Bank Q4 Operating Profit Rises

Nordea Bank Abp (NDA-DK.CO,NDA_DK.CO,NDA-SE.ST,NDA_SE.ST,NDA_FI.HE) reported that its fourth quarter net profit was 1.2 billion euros, up 2% from a year ago. Operating profit was 1.5 billion euros, up 3% from last year. Earnings per share was 0.34 euros compared to 0.32 euros. Fourth quarter net interest income was 1.8 billion euros, down 5%. Total operating income was 2.95 billion euros, flat with prior year. For 2026, Nordea expects a return on equity of greater than 15% and a cost-to-income ratio exclud ...