Nordea Bank AB operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Nordea Bank AB with three other
companies in this sector in Sweden:
Svenska Handelsbanken AB
sales of 55.84 billion Swedish Kronor [US$6.17 billion]
of which 39%
was Home Markets Sweden),
(54.62 billion Swedish Kronor [US$6.03 billion]
of which 46%
was Swedish Banking), and
Skandinaviska Enskilda Banken
(67.50 billion Swedish Kronor [US$7.46 billion]
of which 44%
was Large Corporates & Financial Institution).
Nordea Bank AB reported sales of SEK 127.41 billion (US$14.07 billion)
December of 2017.
decrease of 1.7%
versus 2016, when the company's sales were SEK 129.56 billion.
Contributing to the drop in overall sales was the 22.2% decline
in Group Corporate Center, from SEK 6.84 billion to SEK 5.32 billion.
There were also decreases in sales in
Personal Banking (down 0.1% to SEK 32.53 billion)
Wholesale Banking (down 13.3% to SEK 18.86 billion)
Other Operating Segments (down 11.6% to SEK 1.70 billion)
However, these declines were partially offset by the increase in sales of
Wealth Management (up 6.4% to SEK 20.30 billion)
Commercial and Business Banking (up 3.5% to SEK 19.03 billion)