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Nordea Bank Abp (OCSE:NDA DK) Gross-Profit-to-Asset % : 2.07% (As of Mar. 2024)


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What is Nordea Bank Abp Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Nordea Bank Abp's annualized Gross Profit for the quarter that ended in Mar. 2024 was kr91,683 Mil. Nordea Bank Abp's average Total Assets over the quarter that ended in Mar. 2024 was kr4,434,193 Mil. Therefore, Nordea Bank Abp's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 2.07%.


Nordea Bank Abp Gross-Profit-to-Asset % Historical Data

The historical data trend for Nordea Bank Abp's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Nordea Bank Abp Gross-Profit-to-Asset % Chart

Nordea Bank Abp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.53 1.53 1.72 1.66 1.99

Nordea Bank Abp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.96 1.96 1.95 1.96 2.07

Competitive Comparison of Nordea Bank Abp's Gross-Profit-to-Asset %

For the Banks - Regional subindustry, Nordea Bank Abp's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nordea Bank Abp's Gross-Profit-to-Asset % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Nordea Bank Abp's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Nordea Bank Abp's Gross-Profit-to-Asset % falls into.



Nordea Bank Abp Gross-Profit-to-Asset % Calculation

Nordea Bank Abp's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=87480.968/( (4424493.956+4358038.418)/ 2 )
=87480.968/4391266.187
=1.99 %

Nordea Bank Abp's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=91682.72/( (4358038.418+4510348.325)/ 2 )
=91682.72/4434193.3715
=2.07 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


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Nordea Bank Abp (OCSE:NDA DK) Business Description

Address
Hamnbanegatan 5, Helsinki, FIN, FI-00020
Nordea is a universal Nordic bank which generates most of its income through vanilla lending products such as mortgages, household loans and corporate loans. The bank is also a leading equity and debt underwriter and issuer specialized in the Nordics, generating roughly one tenth of the group's income. Nordea also offers life and pension, savings and asset management, as well as private banking services to high-net-worth individuals. It operates primarily in Sweden, Denmark, Finland, and Norway.

Nordea Bank Abp (OCSE:NDA DK) Headlines

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