Group every quarter performance and you may key ratios, Q4 2021

Review of the latest one-fourth

Buyers organization amounts in the checklist-higher accounts. Financial credit quantities enhanced from the 6%, seasons into season, from the next quarter, backed by share of the market gains over the Nordics. SME financing increased from the six% and you can property below government (AuM) increased because of the 17%. Mortgages, SME lending and you can AuM attained the highest accounts for the Nordea’s record.

Strong money development, passionate by 10% rise in earnings and rigid cost manage. Fourth-quarter working money enhanced because of the thirty-two%, year toward 12 months, to EUR step 1,281m. Full earnings is actually up 10%, driven of the a good seven% boost in net attract earnings and you will good sixteen% upsurge in net percentage and you will payment income. Web reasonable worth effect improved by 14%. Will cost you was in fact in line with the previous one-fourth but reduced because of the 10%, season with the season, because the next quarter of 2020 is influenced by exceptional rates products.

Went on good credit top quality. Websites mortgage losings and similar internet result amounted to help you EUR 56m or 7bp throughout the quarter, compared to 3bp about 4th one-fourth regarding 2020. Realised web loan loss stayed lower, consistent with earlier in the day periods, therefore the charge into the quarter included reinforced arrangements for good small number of particular activities. The latest government reasoning shield is unchanged within EUR 610m.

Cost-to-income proportion down to 47% and return towards the security at eleven.3%. Nordea’s pricing-to-money proportion improved in order to 47% out of 57% just last year from the 4th quarter, backed by earnings development and you may went on prices performance. Get back with the equity (RoE) are 11.3%. Money per show increased because of the 44% so you can EUR 0.twenty six away from EUR 0.18.

Bonus of approx. EUR 0.69* for every single show proposed getting 2021 – CET1 ratio in the 17.0%. (suite…)

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