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Stock Market News

Finland’s Nordea posts profit above expectations

07/18/2022

Less than a minute

2022.07.18 07:42

Finland's Nordea posts profit above expectations
FILE PHOTO: Nordea bank sign is seen in Copenhagen, Denmark October 22, 2019. REUTERS/Andreas Mortensen

HELSINKI (Reuters) – Finland’s Nordea on Monday posted a rise in second-quarter operating earnings, well above market expectations aided by growth in earned loan interests.

The bank’s April-June operating profit rose 2% from a year erlier to 1.36 billion euros ($1.37 billion), beating the 1.25 billion euro mean estimate of 7 analysts polled by Refinitiv.

($1 = 0.9911 euros)

Source

07/18/2022

Less than a minute