Sweden Herald - Latest Sweden News | Nordea posts first-quarter operating profit of just over SEK 17.2 billion by Sweden Herald

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Nordea reported a first‑quarter operating profit of just over SEK 17.2 billion, surpassing market expectations despite a 4 % drop in net interest income, which nevertheless remained close to SEK 19 billion and was slightly higher than forecast. The bank also saw a 6 % rise in net fees and commissions, and CEO Frank Vang‑Jensen said the outlook for 2026 remains unchanged, highlighting a strong start to the year amid recent financial‑market turbulence.

Read more: https://swedenherald.com/article/slightly-better-than-expected-for-nordea-as-q1-operating-profit-is-just-over-16-billion

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AI generated summary, Read the full article for complete information.

Nordea posts first-quarter operating profit of just over SEK 17.2 billion

Despite a decrease in net interest income, major bank Nordea beat market expectations with its interim report

Sweden Herald