IBOS member Nordea announces its third quarter 2019 financial report

Nordea, an IBOS member, has announced that both net interest and net commission income increased from higher business volumes in its Q3 2019 financial report.

Below are a few of Nordea’s financial highlights for Q3 2019 vs. Q3 2018

  • Net interest income EUR 1,083m, -4%; -1% in local currencies
  • Total operating income EUR 2,085m, -1%; 1% in local currencies
  • Common Equity Tier 1 capital ratio5,6 15.4% vs.20.3%
  • Cost/income ratio 104% vs. 55%
  • Return on equity -4.4% vs 9.1%

 

Read the full Q3 2019 financial report via Nordea here.