Our investment case

We are the largest bank in the Nordics with a 200-year history of supporting and growing the Nordic economies.

Nordea is listed at the stock exchanges in Helsinki, Stockholm and Copenhagen and we have around 570,000 private shareholders.

Below you can find some of the key reasons why you should consider being one of them.


1. We generate market-leading shareholder returns


We have paid out 8.7 billion euros in dividends over the past four years – and were one of the first banks in Europe to start implementing share buy-backs in 2021. In 2023 our earnings per share was EUR 1.37, a 25% increase from 2022.



paid out in dividends over the past 4 years


2. We operate in a structurally attractive Nordic banking environment


Our operating environment:

  • Nordic GDP growth is steady and above euro area average

  • Nordic unemployment rates are lower than euro area average, with significant social safety nets

  • Nordic countries are highly digitalised in global context​

  • Nordic banking market is stable, safe and profitable with high returns, driven by cost efficiency and low loan losses

* Source: IMD World Competitiveness Ranking 2023 (analyses and ranks countries according to how they manage their competencies to achieve long-term value creation)

** Source: IMD World Digital Competitiveness Ranking 2023


3. We generate profitable growth and high-quality earnings



We are the largest financial services group in Nordics, with low earnings volatility. Our pan-Nordic business model provides stable, consistent and high-quality earnings growth.


Our growth in recent years:

Net interest income


2023 vs 2022

Operating profit


2023 vs 2022

Group income


2023 vs 2022


4. We are a globally leading digital bank supporting great customer experiences


Our future as a digital leader is all about customer experience. We use our knowledge and the latest technological developments to continually expand our range of digital products and services for the benefit of our customers.

We continue to expand our self-service features, making it easier for customers to manage their finances in real time. Our target is to have doubled the number of available digital products and services by 2025 compared with 2022.


Nordea is a recognised digital leader

Best performer

  • Best in 6 categories in round one of 2023 World’s Best Digital Bank Awards (Global Finance)
  • No.1 in FI Digital leader assessment 2023 (BearingPoint)
  • Best Digital Performer’ among retail banks in Europe Q1 '23 (D-Rating)

#1 mobile bank in the Nordics

According to AppStore ratings.


Growth in digital engagement

Logins to digital channels in 2023


13% year-on-year increase

5. Sustainability is at the core of our strategy


We have made sustainability an integrated part of our business strategy, introduced measurable medium and long-term objectives and set 2023–2025 targets to help drive a greener and more sustainable future.

Frank Vang-Jensen, President & CEO


Sustainability in banking


Through sustainable investment products we invest our customers’ assets in companies. As an owner of these companies, we can influence decisions and have an impact.

Read more about sustainable investments


We provide loans to our personal and corporate customers. By advising on sustainable alternatives and including sustainability requirements, we can impact the transition to a sustainable society.

Read more about sustainable financing

Own operations

We improve the efficiency and sustainability of our own day-to-day operations. We also ensure a responsible supply chain to manage our indirect impact.

Read more about our own operations

Our sustainability objectives:


emissions by 2050 at latest


reduction in emissions across investment and lending portfolios by 2030.


reduction in emissions from internal operations by 2030.


Strong progress since 2019

Reducing the bad



-29% reduction in emissions in our lending portfolio

2030: 40-50%

-26% reduction in emissions in Life & Pension

2024: at least 25%

-38% reduction in emissions in our Asset & Wealth Mgmt

2030: 50%

-51% reduction in emissions from internal operations

2025: 40%

Increasing the good



EUR 135bn sustainable financing facilitation

2025: >EUR 200bn

40% of each gender representation at the top three leadership levels 

2025: 40% 

70% of exposure to large corporates in climate-vulnerable sectors covered by transition plans 

2025: 90%

Double the net-zero-committed AuM - on track

by 2025

After visiting this page, is your perception of Nordea?