Nordea Bank Abp

Nordea Q3 ROE Hits 15.1% as AuM Climbs 13% to Record EUR 509bn

Helsinki – October 15, 2026 -- Nordea Bank Abp posted a third-quarter return on equity of 15.1% and earnings per share of EUR 0.35, while assets under management rose 13% year on year to a record EUR 509bn. Operating profit fell 4% to EUR 1.5bn.

Total income rises 2% to EUR 3.0bn as fee growth offsets weaker trading

Net fee and commission income increased 9% year on year, driven by a 14% rise in savings income. Net interest income grew 1% both year on year and quarter on quarter, as volume growth was partly offset by lower lending margins.

Net fair value result dropped 19%, which Nordea attributed to extraordinary interest rate volatility late in the quarter. Costs excluding regulatory fees were flat when adjusted for foreign exchange effects, and the cost-to-income ratio, excluding regulatory fees, stood at 45.0%.