Nordea Bank Abp at Bank of America Banking & Insurance CEO Conference Transcript

Sep 21, 2022 / 01:00PM GMT
David Taranto - BofA Securities, Research Division - Associate

This is David Taranto, I'm the Nordic banks analyst at Bank of America. And as you well know, we are going to have a fireside with Ian Smith, the CFO of Nordea Bank.

Questions and Answers:

David Taranto - BofA Securities, Research Division - Associate

But before the session, we have 3 quick questions to audience, and we would appreciate if you could answer them on your pads on or under your seats. Question number one, what should be the key lever of Nordic Bank's relative share price performance over the next 12 months: interest rate sensitivity, market share developments, efficiency, asset quality or capital distributions?

Well, that's quite clear. Interest rate sensitivity, followed by asset quality and capital distributions.

Yes. Question two, please. Nordic banks are (inaudible) European banks. A, should increase further, in 2023, resilient asset quality and better efficiency should lead to better results? B, should narrow in 2023, because Europe is more geared to rising
Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot