Nordea Bank Abp (OTCMKTS:NRDBY) Trading 2.2% Higher

Nordea Bank Abp (OTCMKTS:NRDBY)’s share price shot up 2.2% during trading on Monday . The stock traded as high as $11.88 and last traded at $11.81. 51,460 shares were traded during mid-day trading, a decline of 64% from the average session volume of 143,323 shares. The stock had previously closed at $11.56.

Nordea Bank Abp Stock Performance

The firm has a market cap of $41.26 billion, a PE ratio of 8.01, a price-to-earnings-growth ratio of 0.75 and a beta of 0.99. The business has a 50 day simple moving average of $11.82 and a two-hundred day simple moving average of $11.70. The company has a quick ratio of 1.37, a current ratio of 1.37 and a debt-to-equity ratio of 6.03.

Nordea Bank Abp (OTCMKTS:NRDBY) last posted its quarterly earnings results on Monday, February 5th. The company reported $0.33 EPS for the quarter. The firm had revenue of $3.14 billion for the quarter. Nordea Bank Abp had a net margin of 20.44% and a return on equity of 16.50%. As a group, equities research analysts forecast that Nordea Bank Abp will post 1.51 earnings per share for the current fiscal year.

Nordea Bank Abp Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, April 10th. Stockholders of record on Monday, March 25th were given a dividend of $0.9872 per share. The ex-dividend date was Friday, March 22nd. This is a positive change from Nordea Bank Abp’s previous dividend of $0.72. Nordea Bank Abp’s dividend payout ratio (DPR) is 64.63%.

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.