Nordea Bank (NRBAY) to Release Earnings on Thursday

Nordea Bank (OTCMKTS:NRBAY) is set to post its quarterly earnings results before the market opens on Thursday, January 25th. Analysts expect Nordea Bank to post earnings of $0.22 per share for the quarter.

Nordea Bank (OTCMKTS:NRBAY) last released its earnings results on Thursday, October 26th. The financial services provider reported $0.24 earnings per share for the quarter. Nordea Bank had a net margin of 29.32% and a return on equity of 10.93%.

Nordea Bank (NRBAY) traded down $0.10 during trading hours on Friday, hitting $12.47. 799,780 shares of the stock were exchanged, compared to its average volume of 168,065. The stock has a market cap of $51,597.00, a P/E ratio of 13.13 and a beta of 0.71. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 5.94. Nordea Bank has a 12-month low of $11.05 and a 12-month high of $13.87.

A number of analysts have recently weighed in on the stock. Jefferies Group reaffirmed a “hold” rating on shares of Nordea Bank in a research report on Thursday. Zacks Investment Research downgraded shares of Nordea Bank from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 3rd. Nordea Equity Research raised shares of Nordea Bank to a “hold” rating in a research report on Wednesday, November 15th. Credit Suisse Group downgraded shares of Nordea Bank from an “outperform” rating to a “neutral” rating in a research report on Friday, October 27th. Finally, UBS Group downgraded shares of Nordea Bank from a “buy” rating to a “neutral” rating in a research report on Thursday, October 12th. Six equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold”.

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Nordea Bank Company Profile

Nordea Bank AB (publ) provides various banking products and services to individuals, and corporate and institutional customers. It operates through Personal Banking, Commercial & Business Banking, Wholesale Banking, and Wealth Management segments. The company offers deposits, cards, lending products, and net banking services; cash management services; trade and project finance services; asset based financing through leasing, hire purchase, and factoring; and investment, savings, and risk management products, as well as finance products to partners, such as vendors, dealers, and retailers.

Earnings History for Nordea Bank (OTCMKTS:NRBAY)

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