Nordea Bank Abp
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Nordea Bank Abp - overview
Established
1820
Location
Helsinki, -, Finland
Primary Industry
Financial Services
About
Founded in 1820 and headquartered in Helsinki, Finland, Nordea Bank Abp operates as a leading universal bank offering comprehensive financial services. The bank has seen various developments in its operational strategies over the years, focusing on digital transformation and expanding its service offerings. Nordea does not operate as a subsidiary but has a significant presence in multiple countries, including Sweden, Norway, and Denmark. The company was established through the merging of various banks, indicating a collaborative evolution in the banking landscape.
The founder, Camilla Bergström, has played a pivotal role in establishing and shaping the bank's vision. Nordea is a prominent Nordic universal bank offering a multitude of financial services tailored to individual and corporate clients. Its offerings include personal banking products like savings accounts, various loan options, and investment solutions, alongside corporate services involving financing, risk management, and advisory expertise. The bank's digital banking platform enhances customer accessibility, featuring a mobile app with an average rating of 4.
5. Catering to approximately 570,000 private shareholders, Nordea serves a diverse client base across Finland, Sweden, Norway, and Denmark while also reaching international markets including corporate clients with operations in China. In the most recent year, Nordea Bank Abp reported revenue of USD 9,559. 68 mn and an EBITDA of USD 4,074.
66 mn. The bank generates income primarily through interest from loans and fees associated with banking services, engaging clients in direct transactions. Its revenue model combines both transactional and recurring income derived from a broad spectrum of financial products and services designed to meet diverse client needs. Nordea Bank Abp is actively pursuing growth strategies that include the introduction of new financial products aimed at enhancing client engagement.
The bank is also exploring expansion opportunities into new markets, specifically targeting regions with burgeoning economic activity. The latest funding will support the development and launch of these new offerings as well as facilitate geographical expansion plans, although specific details on upcoming products and release dates have not been disclosed.
Primary Industry
Financial Services
Sub Industries
Commercial Banks, e-Financial, Investment Banking
Website
www.nordea.com/
Verticals
FinTech, FinTech
Total Amount Raised
Subscriber access only
Nordea Bank Abp - financials
| Fiscal Year Ended | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 8,578,000,000 | 9,058,000,000 | 9,099,000,000 | 9,281,000,000 | 9,145,000,000 | 8,825,000,000 | 8,898,000,000 | 8,170,000,000 | 8,249,000,000 | 8,371,000,000 | 9,397,000,000 | - | - | - |
| % Revenue Growth (YoY) | - | 5.6% | 0.5% | 2.0% | (1.5%) | (3.5%) | 0.8% | (8.2%) | 1.0% | 1.5% | 12.3% | - | - | - |
| EBITDA (USD) | 3,739,000,000 | 4,395,000,000 | 4,343,000,000 | 4,906,000,000 | 4,913,000,000 | 4,853,000,000 | 4,266,000,000 | 4,435,000,000 | 3,443,000,000 | 3,568,000,000 | 5,635,000,000 | - | - | - |
| Operating Income (USD) | 3,547,000,000 | 4,117,000,000 | 4,116,000,000 | 4,324,000,000 | 4,704,000,000 | 4,625,000,000 | 3,998,000,000 | 3,953,000,000 | 2,113,000,000 | 2,963,000,000 | 4,971,000,000 | - | - | - |
| Operating Margin | 41.3% | 45.5% | 45.2% | 46.6% | 51.4% | 52.4% | 44.9% | 48.4% | 25.6% | 35.4% | 52.9% | - | - | - |
| % EBITDA Margin | 43.6% | 48.5% | 47.7% | 52.9% | 53.7% | 55.0% | 47.9% | 54.3% | 41.7% | 42.6% | 60.0% | - | - | - |
| NET Income (USD) | 2,634,000,000 | 3,126,000,000 | 3,107,000,000 | 3,371,000,000 | 3,662,000,000 | 3,766,000,000 | 3,048,000,000 | 3,081,000,000 | 1,542,000,000 | 2,265,000,000 | 3,831,000,000 | - | - | - |
| % Net Margin | 30.7% | 34.5% | 34.1% | 36.3% | 40.0% | 42.7% | 34.3% | 37.7% | 18.7% | 27.1% | 40.8% | - | - | - |
Nordea Bank Abp - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Luminor Bank AS | - |
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