Nordea as an investment

In the first quarter we continued to make steady progress, growing our business, driving high customer activity and gaining market shares across the Nordics. Nordea remains strong and stable despite the turbulent external environment.

Frank Vang-Jensen, President and Group CEO.

Nordea remains stable and strong and continues to grow market shares despite the turbulent external environment. In 2022 we continue to expect to reach a return on equity above 11% and a cost-to-income ratio of 49–50%. 

Read latest interim results

"In the first quarter we continued to make steady progress, growing our business, driving high customer activity and gaining market shares across the Nordics.

Mortgage lending volumes increased by 7%. Our lending to small and medium-sized enterprises increased by 6%. Large corporate lending grew for the second quarter in a row, increasing by 11%, with good profitability."

Read more in CEO blog

Over the last couple of years, we have seen heightened expectations on banks from customers, investors, regulators and other stakeholders to take responsibility and play their part in addressing the world’s growing social and environmental challenges. As the leading bank in the region, we acknowledge the importance of the financial sector in the ongoing transition and are ready to continue taking a leading role and work together with different stakeholders, including policymakers.

Read more about our sustainability targets