Nordea Reports Resilient Q3 Earnings with Strong Dividend Yield

Thursday, 17 October 2024, 20:15

Nordea's Q3 earnings display resilience, emphasized by an 8.3% dividend yield. Despite a YoY net profit drop due to rising costs, revenue remains solid.
Seekingalpha
Nordea Reports Resilient Q3 Earnings with Strong Dividend Yield

Nordea's Resilient Q3 Performance

In the latest quarter, Nordea showcased a remarkable performance. Its earnings were fueled by strong revenues and low credit losses. However, rising operational costs resulted in a 5% drop in net profit year-over-year.

Key Highlights

  • 8.3% dividend yield remains attractive for investors.
  • Operating costs surged, impacting net profit.
  • Solid revenue performance sustains overall profitability.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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