Nordea reports Q3 momentum and resilience
Total income rose 2% year-on-year to €3bn. Assets under management hit a record high of €509bn.
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Nordic universal bank and financial services group
nordea.comLast updated
In short: Nordea reported Q3 profit below estimates and paused buybacks after an ECB capital-model review.
Total income rose 2% year-on-year to €3bn. Assets under management hit a record high of €509bn.
The presentation includes Frank Vang-Jensen and a Q&A session for investors. The report will be published in English and Swedish.
Total income exceeded EUR 3bn, return on equity was 15.9%, and AuM reached a record EUR 505bn.
The deal involves a project finance package of up to EUR 1.44 billion for Perigus Energy, spanning onshore wind, solar, and battery storage in Europe.
The group lawsuit against Nordea demands compensation for low interest on deposit accounts, which the industry organization Finans Norway defends the bank against.
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