Nordea is the largest financial services group in Northern Europe with a market capitalisation of approximately EUR 27bn, total assets of EUR 552.2 bn and a Common Equity Tier 1 capital ratio of 17.1.
Nordea has leading positions within corporate and institutional banking as well as retail banking and private banking. It is also the leading provider of life and pensions products in the Nordic countries.
With approximately 320 branches, call centres in all Nordic countries and highly competitive online and mobile banking platforms, Nordea has the largest distribution network in the Nordic region.
Nordea has the largest customer base of any financial services group in the Nordic region with approximately 10 million household customers and around 0.6 million corporate customers.
Nordea has a focus on three priorities to become truly competitive and improve financial performance. To achieve our financial targets our focus is on execution with full empowerment to the business areas. Our priorities and operating model are guiding us on how we run the bank today and tomorrow – to become a strong and personal financial partner.
|Number of Shares (mln)||4,050|
|Market Cap (mln)||44,134.64|
|Total operating income, EURm||9,172||8,623||8,466|
|Total operating expenses, EURm||-5,046||-5,986||-4,643|
|Net loan losses, EURm||-173||-536||-908|
|Net profit for the year, EURm||3,081||1,542||2,265|
|Loans to the public, EURbn||308.3||323.1||329.8|
|Deposits and borrowings from the public, EURbn||165.0||168.7||183.4|
|Assets under management 1), EURbn||280.1||324.1||353.8|
|Total assets, EURbn||551.4||554.8||552.2|
|Return on equity, %||9.7||5.0||7.1|
|Common Equity Tier 1 capital ratio excluding Basel I floor 1) 2) 5), %||15.5||16.3||17.1|
|Risk exposure amount, excluding Basel I floor 1) 2), EURbn||156||150||155|
|Loan loss ratio, basis points 4)||7||22||35|
|Cost/income ratio 3), %||55||69||55|
|Equity per share 1), EUR||8.15||7.80||8.35|
|Proposed/actual dividend per share, EUR||0.69||0.40||0.39|
|Number of employees (full-time equivalents) 1)||28,990||29,000||28,051|
1) End of the year.
2) Since 2014 ratios are reported using the Basel III (CRR/CRDIV) framework. Including the result for the period.
3) Excluding items affecting comparability.
4) In 2016 the ratio is including Loans to the public reported as assets held for sale.
5) Changes to the applicable capital requirements regime.