Nordea Bank Abp (OTCMKTS:NRDBY) Issues Earnings Results, Misses Estimates By $0.03 EPS

Nordea Bank Abp (OTCMKTS:NRDBY) announced its earnings results on Thursday. The company reported $0.34 earnings per share 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 Price Performance

OTCMKTS NRDBY traded down $0.01 on Thursday, reaching $12.20. 152,821 shares of the stock traded hands, compared to its average volume of 305,515. Nordea Bank Abp has a 12 month low of $10.30 and a 12 month high of $12.82. The company 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 fifty day simple moving average is $11.34 and its 200 day simple moving average is $11.51. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 6.23.

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.