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Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.

Nordea: Dividend machine under sale

NDA FI13.06.2023, 19.11
Matias Arola, Verneri Pulkkinen
Discuss

Nordea, the largest bank in the Nordics, has had an impressive turnaround in profitability. Shares look cheap, especially if Nordea can sustain it’s improved return on equity. Analyst Matias Arola comments. 

Extensive report can be read here https://www.inderes.se/research/nordea-a-major-discrepancy-between-price-and-value

Follow Nordea https://www.inderes.se/companies/Nordea-Bank

00:00 Intro
00:24 Main sources of income
01:25 Turnaround
02:58 Rising interest rates
04:18 Nordic banking market
05:15 Valuation

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