Nordea Bank AbpCHIX:NDAS 69 ROE % is 14.00% as of Mar. 2026, which is 22% above its 10-year median of 11.50. GuruFocus rates CHIX:NDAS with a GF Score™ of 69/100 and a GF Value™ of kr130.47 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,524 Banks companies, Nordea Bank Abp ranks better than 81.63% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Nordea Bank Abp's annualized net income for the quarter that ended in Mar. 2026 was kr47,394 Mil. Nordea Bank Abp's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was kr338,462 Mil. Therefore, Nordea Bank Abp's annualized ROE % for the quarter that ended in Mar. 2026 was 14.00%.
The historical rank and industry rank for Nordea Bank Abp's ROE % or its related term are showing as below:
CHIX:NDAs'
s ROE % Range Over the Past 10 Years
Min: 4.85 Med: 11.5 Max: 16.11
Current: 15.26
During the past 13 years, Nordea Bank Abp's highest ROE % was 16.11%. The lowest was 4.85%. And the median was 11.50%.
CHIX:NDAs's ROE % is ranked better than 81.63% of 1524
companies
in the Banks industry
Industry Median: 10.22
vs CHIX:NDAs: 15.26
Nordea Bank Abp (CHIX:NDAs) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
Nordea Bank Abp ROE % Related Terms
Nordea Bank Abp ROE % Historical Data
* Premium members only.
The historical data trend for Nordea Bank Abp's ROE % 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.
For the Banks - Regional subindustry, Nordea Bank Abp's ROE %, along with its competitors' market caps and ROE % 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 % vs Banks Industry
For the Banks industry and Financial Services sector, Nordea Bank Abp's ROE % distribution charts can be found below:
* The bar in red indicates where Nordea Bank Abp's ROE % falls into.
* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Nordea Bank Abp (CHIX:NDAS) has a ROE % of 14.00% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Nordea Bank Abp and its competitors. This is 22% above median its historical median of 11.50. Over the past decade, Nordea Bank Abp's ROE % has ranged from 4.85 to 16.11. According to the industry distribution chart, Nordea Bank Abp ranks #280 out of 1524 companies in the Banks industry, placing it in the top 18.4%.
Is Nordea Bank Abp's ROE % too high?
Nordea Bank Abp's current ROE % of 14.00% is 22% above median its 10-year median of 11.50. Over the past 10 years, this metric has ranged from a low of 4.85 to a high of 16.11. The Banks industry median ROE % is 10.22. Nordea Bank Abp's value of 14.00% is 37% above this industry median. Based on the distribution chart, Nordea Bank Abp ranks #280 out of 1524 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Nordea Bank Abp has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nordea Bank Abp's ROE % compare to PNC?
According to the Banks industry distribution chart, Nordea Bank Abp ranks #280 out of 1524 companies for ROE %. This places Nordea Bank Abp in the top 18% of its industry — outperforming the majority of peers. The industry median ROE % is 10.22. Nordea Bank Abp's value of 14.00% is 37% above this benchmark. Historically, Nordea Bank Abp's own ROE % has ranged from 4.85 to 16.11 over the past decade. While the company's 10-year median is 11.50 vs. the industry median of 10.22, Nordea Bank Abp has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Banks company?
The median ROE % among Banks companies is 10.22, based on 1,524 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nordea Bank Abp's current ROE % of 14.00% is 37% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Nordea Bank Abp and its competitors. For the Banks industry, the median ROE % is 10.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nordea Bank Abp's current ROE % is 14.00%, which is 22% above median its own 10-year median of 11.50. 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 (CHIX:NDAS) is currently considered Significantly Overvalued. The stock's GF Value™ is kr130.47, compared to a current price of kr181.35 — trading 39% above its estimated fair value. The current ROE % is 14.00%, which is 22% above median its 10-year median of 11.50 and 37% above the Banks industry median of 10.22. Nordea Bank Abp's overall GF Score™ is 69/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Nordea Bank Abp (CHIX:NDAS), the current ROE % is 14.00% 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 (CHIX:NDAS) Overvalued in 2026?
Based on GuruFocus' analysis, Nordea Bank Abp stock appears to be overvalued.
The current stock price of kr181.35 is trading 39% above its estimated GF Value™ of kr130.47.
GuruFocus considers Nordea Bank Abp to be Significantly Overvalued.
Key valuation signals for CHIX:NDAS:
ROE %: 14.00% (22% above median its 10-year median of 11.50)
GF Value™: kr130.47 vs. price of kr181.35 (39% above fair value)
Industry Position: 37% above the Banks median (#280 of 1524)
No single metric tells the full story. See the CHIX:NDAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
69GF Score
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