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Latest interim results

Watch the Investor webcast held on 21 July 2021

Frank Vang-Jensen, President and Group CEO, presented the results followed by a Q&A audio session for investors and analysts with Frank Vang-Jensen, Ian Smith, Group CFO, and Matti Ahokas, Head of Investor Relations.

Watch the webcast
We continue to progress well on our business plan and show a strong performance.

Frank Vang-Jensen, President and Group CEO.

Nordea-CEO-Frank-Vang-Jensen

Summary of the quarter

  • Strong result, driven by high income growth, firm cost control and low loan losses
     
  • High levels of business activity and strong growth across Nordics 
     
  • Cost-to-income ratio improving at 49% and underlying cost development in line with plan
     
  • Continued strong credit quality – management buffer largely unchanged
     
  • Profitability improving: return on equity at 11.4% and earnings per share EUR 0.25
     
  • Capital position among best in Europe with CET1 ratio of 18.0%
Infographic for Nordea second quarter results 2021