Pinpoint consensus ahead of Nordea Bank’s Q1 report is based on 22 estimates. Figures are presented in MEUR.

Income
Nordea Bank reported income of 2,974 MEUR, a decrease of -3.6% compared to 3,085 MEUR in the same period last year. The result is in line with the Pinpoint consensus of 3,022 MEUR, with a deviation of -1.6%.

Operating Profit
Operating profit amounted to 1,607 MEUR, down 8.9% from 1,763 MEUR the previous year. Compared to the Pinpoint consensus of 1,559 MEUR, the result is slightly above expectations, with a positive deviation of 3.1%.

Operating Margin
This corresponds to an operating margin of 54.0%, compared to 57.1% last year and the expected 51.6%.


Pinpoint Estimates is an open platform that compiles estimates from investors and analysts ahead of publicly traded companies' quarterly and annual reports. Contributors are given different weights in the consensus based on their historical accuracy.

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