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

Nordea Bank Abp (OTCMKTS:NRDBY) shares rose 2.2% during mid-day trading on Monday . The stock traded as high as $11.88 and last traded at $11.81. Approximately 51,460 shares changed hands during trading, a decline of 64% from the average daily volume of 143,323 shares. The stock had previously closed at $11.56.

Nordea Bank Abp Stock Performance

The stock has a market cap of $41.40 billion, a price-to-earnings ratio of 8.03, a P/E/G ratio of 0.73 and a beta of 0.99. The firm’s 50-day moving average is $11.80 and its two-hundred day moving average is $11.69. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 6.03.

Nordea Bank Abp (OTCMKTS:NRDBY) last announced its earnings results on Monday, February 5th. The company reported $0.33 EPS for the quarter. The business had revenue of $3.14 billion during the quarter. Nordea Bank Abp had a return on equity of 16.50% and a net margin of 20.44%. As a group, sell-side analysts expect that Nordea Bank Abp will post 1.51 earnings per share for the current year.

Nordea Bank Abp Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, April 10th. Shareholders of record on Monday, March 25th were issued a $0.9872 dividend. This is an increase from Nordea Bank Abp’s previous dividend of $0.72. The ex-dividend date of this dividend was Friday, March 22nd. Nordea Bank Abp’s dividend payout ratio is presently 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.