施工実績

Article on the latest quarter

Customer providers quantities at the number-high profile. Financial credit volumes improved because of the six%, year with the seasons, about next one-fourth, supported by share of the market gains across the Nordics. SME financing increased from the 6% and you will assets not as much as management (AuM) increased from the 17%. Mortgage loans, SME credit and you will AuM attained the highest profile during the Nordea’s history.

Strong earnings increases, driven by the 10% increase in money and you will strict costs handle. Fourth-one-fourth performing profit increased by the 32%, seasons towards the year, in order to EUR step 1,281m. Complete earnings are up ten%, inspired of the good seven% rise in web appeal money and you will an effective 16% upsurge in internet percentage and you may percentage money. Websites reasonable well worth effect enhanced by fourteen%. Can cost you have been according to the previous one-fourth however, decreased because of the 10%, season into 12 months, since next quarter away from 2020 try influenced by exceptional pricing points.

Went on solid borrowing from the bank high quality. Internet mortgage loss and you may comparable web influence amounted to EUR 56m or 7bp about one-fourth, weighed against 3bp regarding the 4th quarter away from 2020. Realized internet loan losings remained low, consistent with early in the day symptoms, and the costs into the one-fourth incorporated strengthened terms having good small number of particular factors. The latest government judgement buffer is intact during the EUR 610m.

Cost-to-earnings proportion down seriously to 47% and come back into guarantee at the 11.3%. Nordea’s costs-to-income proportion increased so you can 47% out of 57% last year on the last quarter, supported by earnings progress and proceeded prices abilities. Get back on the collateral (RoE) is actually eleven.3%. Income each show increased of the forty two% to help you EUR 0.twenty-six from EUR 0.18.

Bonus away from approx. EUR 0.69* for each and every show advised to possess 2021 – CET1 proportion from the 17.0%. Nordea’s Board keeps suggested a dividend of approximately EUR 0.69* per express getting 2021 – right up 77% out of EUR 0.39 getting 2020. This translates to an excellent 70% commission proportion, in accordance with Nordea’s dividend rules. Brand new CET1 proportion increased to 17.0% out of sixteen.9% in the previous quarter in fact it is now 6.8 fee items over the regulating demands. Nordea are committed to applying a powerful investment construction and you may commenced a good EUR 2bn share get-straight back program towards , 109m shares is repurchased at a price of EUR step one,160m. Nordea has actually recorded a formal software towards ECB in for possible realize-into express buy-backs.

The financial target for 2025. With a 2021 RoE away from eleven.2% and you may a fees-to-earnings ratio out of forty eight%, Nordea has actually exceeded their full-seasons 2022 financial objectives one year prior to plan. Nordea’s new, full-12 months 2025 monetary target is actually a beneficial RoE over thirteen%, supported by a repayment-to-income ratio out of forty-five–47%. Getting 2022, Nordea anticipates a RoE significantly more than 11%, supported by an installment-to-earnings ratio regarding 44–50%, despite financial support having increases and better regulatory will cost you, such as the Swedish bank taxation. Nordea often hold a money Areas Time towards 17 March to help you talk about the monetary target and you can plans on new approach period in more detail.

(For further opinions, understand the President comment on webpage 2. To own definitions, select webpage 53 on the Q4 2021 statement)

* Approximate amount in accordance with the projected quantity of offers that can get in point at the estimated bonus choice go out.

President remark

We-all expected we possibly may be able to place COVID at the rear of us when you look at the 2021, regrettably the fresh new pandemic as well as the relevant uncertainty proceeded. On the whole, whether or not, 2021 was guaranteeing, with several confident signs throughout the market and area. In the years ahead, we might nonetheless face particular setbacks out of the fresh trojan variants, however, the audience is more capable and sturdy during the controlling the modifying products.

To possess Nordea, 2021 is actually a profitable 12 months. I’m proud of the way we possess evolved since the a lender – together with all of our consumers. Our very own business quantities increased and now we gained sector offers along the Nordics. https://paydayloanadvance.net/payday-loans-tx/matador/ Our very own home loan financing expanded by 6%, SME credit by the six% and you will assets lower than management (AuM) of the 17%, getting every-time-higher membership. At the same time, i went on which will make top customers experiences. We increased the customer satisfaction scores and you may less buyers complaints from the 9%. Our company is today getting 41% less complaints than just three years before.