NBNKF (Nordea Bank Abp) ROE % Adjusted to Book Value: 8.37% (As of Mar. 2026)


NBNKF Nordea Bank Abp NBNKF
64 GF Score
Price $19.30
GF Value $13.80
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Nordea Bank Abp ROE % Adjusted to Book Value?

Nordea Bank Abp NBNKF 64 ROE % Adjusted to Book Value is 8.37% as of Mar. 2026. GuruFocus rates NBNKF with a GF Score™ of 64/100 and a GF Value™ of $13.80 (Significantly Overvalued). The stock has 9 warning signs investors should review.

Nordea Bank Abp's ROE % for the quarter that ended in Mar. 2026 was 13.98%. Nordea Bank Abp's PB Ratio for the quarter that ended in Mar. 2026 was 1.67. Nordea Bank Abp's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 8.37%.

Nordea Bank Abp ROE % Adjusted to Book Value Related Terms

Nordea Bank Abp ROE % Adjusted to Book Value Historical Data

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The historical data trend for Nordea Bank Abp's ROE % Adjusted to Book Value 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.

Nordea Bank Abp ROE % Adjusted to Book Value Chart

Nordea Bank Abp Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.00 9.14 12.60 13.91 9.49

Nordea Bank Abp Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Adjusted to Book Value 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 11.70 12.06 10.60 8.71 8.37

NBNKF vs PNC, USB: ROE % Adjusted to Book Value Comparison

For the Banks - Regional subindustry, Nordea Bank Abp's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value vs Banks Industry

For the Banks industry and Financial Services sector, Nordea Bank Abp's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Nordea Bank Abp's ROE % Adjusted to Book Value falls into.


NBNKF
64GF Score
Nordea Bank Abp NBNKF
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Nordea Bank Abp ROE % Adjusted to Book Value Calculation

Nordea Bank Abp's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=15.76% / 1.66
=9.49%

Nordea Bank Abp's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=13.98% / 1.67
=8.37%

* 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.

What does a ROE % Adjusted to Book Value of 8.37% mean?
Nordea Bank Abp (NBNKF) has a ROE % Adjusted to Book Value of 8.37% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Nordea Bank Abp and its competitors.
Is Nordea Bank Abp's ROE % Adjusted to Book Value too high?
Nordea Bank Abp's current ROE % Adjusted to Book Value is 8.37%. Overall, Nordea Bank Abp has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nordea Bank Abp's ROE % Adjusted to Book Value compare to PNC and USB?
Nordea Bank Abp's ROE % Adjusted to Book Value of 8.37% can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for a Banks company?
A good ROE % Adjusted to Book Value depends on the Banks industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Nordea Bank Abp and its competitors. Nordea Bank Abp's current ROE % Adjusted to Book Value is 8.37%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nordea Bank Abp stock overvalued right now?
Based on GuruFocus' analysis, Nordea Bank Abp (NBNKF) is currently considered Significantly Overvalued. The stock's GF Value™ is $13.80, compared to a current price of $19.30 — trading 39.9% above its estimated fair value. The current ROE % Adjusted to Book Value is 8.37%. Nordea Bank Abp's overall GF Score™ is 64/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Nordea Bank Abp (NBNKF), the current ROE % Adjusted to Book Value is 8.37% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Nordea Bank Abp (NBNKF) Overvalued in 2026?

Based on GuruFocus' analysis, Nordea Bank Abp stock appears to be overvalued. The current stock price of $19.30 is trading 39.9% above its estimated GF Value™ of $13.80. GuruFocus considers Nordea Bank Abp to be Significantly Overvalued.

Key valuation signals for NBNKF:

  • ROE % Adjusted to Book Value: 8.37%
  • GF Value™: $13.80 vs. price of $19.30 (39.9% above fair value)
  • GF Score™: 64/100 with 9 warning signs

No single metric tells the full story. See the NBNKF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nordea Bank Abp Business Description

Address Hamnbanegatan 5, Helsinki, FIN, FI-00020
Nordea is a universal Nordic bank that 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.
64GF Score

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ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$19.30
Price
$13.80
GF Value