Nordea Bank Abp operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Nordea Bank Abp with three other
companies in this sector in Sweden:
Svenska Handelsbanken AB
sales of 62.66 billion Swedish Kronor [US$6.78 billion]
of which 35%
was Home Markets Sweden),
(58.93 billion Swedish Kronor [US$6.37 billion]
of which 43%
was Swedish Banking), and
Skandinaviska Enskilda Banken
(69.65 billion Swedish Kronor [US$7.53 billion]
of which 49%
was Large Corporates & Financial Institution).
Nordea Bank Abp reported sales of SEK 126.23 billion (US$13.65 billion)
December of 2018.
decrease of 0.9%
versus 2017, when the company's sales were SEK 127.41 billion.
The sales level in 2018 was fairly close to the level five years ago: in 2013, Nordea Bank Abp had sales
of SEK 128.90 billion.
Contributing to the drop in overall sales was the 78.7% decline
in Group Corporate Center, from SEK 5.32 billion to SEK 1.13 billion.
There were also decreases in sales in
Wholesale Banking (down 5.0% to SEK 17.91 billion)
Wealth Management (down 13.1% to SEK 17.63 billion)
However, these declines were partially offset by the increase in sales of
Personal Banking (up 9.6% to SEK 35.64 billion)
Commercial and Business Banking (up 17.3% to SEK 22.33 billion)
Other Operating Segments (up 32.1% to SEK 2.24 billion)