Nordea Raises Dividend, Aims to Grow Income Faster Than Costs in 2024 - News Summed Up

Nordea Raises Dividend, Aims to Grow Income Faster Than Costs in 2024


By Dominic ChoppingNordea Bank on Monday raised its dividend and said it aims to again grow its income faster than its costs this year. A poll of analysts by FactSet had forecast net profit of EUR1.2 billion and net interest income of EUR1.94 billion. Nordea's common equity Tier 1 ratio was 17.0% compared with 16.4% a year earlier. The bank raised its dividend to EUR 0.92 from EUR0.80. Write to Dominic Chopping at dominic.chopping@wsj.com(END) Dow Jones NewswiresFebruary 05, 2024 01:28 ET (06:28 GMT)Copyright (c) 2024 Dow Jones & Company, Inc.


Source: Wall Street Journal February 05, 2024 06:39 UTC



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