Nordea
Financial Performance
Nordea Revenue & Financials
Revenue
~$13.4B (FY2024)
Market Cap
$41.8B
Employees
29,000
What is Nordea's revenue?
Nordea had ~$13.4B in revenue for fiscal year 2024, up 1.3% from 2023.
- Latest revenue
- ~$13.4B (FY2024)
- Year-over-year
- +1.3%
- Growth rate (CAGR)
- 7.3% over 3 years
- Peak revenue
- ~$13.4B (FY2024)
- Years of data
- 4
- Employees
- 29,000
- How many employees does Nordea have?
- Nordea has about 29,000 employees.
Financial Analysis
Nordea delivers outstanding financial performance characterized by high return on equity, steady net interest income, growing asset management inflows, and pristine credit quality. In fiscal 2024, group operating profit reached €6.4 billion, supported by net interest income of €7.4 billion and rising fee revenues. Operating income totaled €11.9 billion, while the group achieved a cost-to-income ratio of 43.5%. Credit quality remained exemplary, with net loan losses remaining virtually negligible at approximately 7 basis points. Nordea maintained an elite Common Equity Tier 1 (CET1) ratio of 17.2%, standing 360 basis points above regulatory requirements. The bank returned significant capital to shareholders, maintaining an 80% dividend payout ratio supplemented by ongoing share buyback programs.
Revenue Trend Analysis
YoY Change
+1.3%
3-Year CAGR
+7.3%
Peak Year
2024
Trend
Consistent Growth
Nordea has 4 full fiscal year figures on this page, compounding at +7.3% annually over 3 years. The most recent year saw a 1.3% increase versus the prior year. Annual revenue peaked in fiscal year 2024 at ~$13.4B. Of 3 comparable year-over-year steps, 3 showed growth and 0 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | YoY Change |
|---|---|---|
| FY2024 | ~$13.4B | +1.3% |
| FY2023 | ~$13.3B | +16.1% |
| FY2022 | ~$11.4B | +5.1% |
| FY2021 | ~$10.9B | — |
Click any row to see year details.
Keep researching Nordea
Nordea Revenue and Financial FAQ
What was Nordea's revenue in 2024?
Nordea achieved $11.90 billion in revenue for fiscal year 2024.
Is Nordea profitable?
Nordea's financial performance balances disciplined operating profitability with strategic reinvestment into engineering, infrastructure, and international sales expansion.
How fast is Nordea growing?
Nordea has achieved solid compound annual revenue growth supported by strong enterprise customer retention and expanding average contract values.
How does Nordea fund its capital expenditures?
Nordea funds capital outlays through operating cash flows, institutional credit facilities, and equity capital reserves.
What is Nordea's debt profile?
Nordea maintains a conservative debt-to-capitalization profile, prioritizing financial flexibility and low interest obligations.
Where does Nordea reinvest its profits?
Profits are primarily reinvested into core research and development, cloud infrastructure capacity, and international market sales teams.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Nordea Revenue & Financials." CorpDigest, https://corpdigest.com/company/nordea/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Nordea reported ~$13.4B in revenue (FY2024).</strong><br>Source: <a href="https://corpdigest.com/company/nordea/financials" target="_blank" rel="noopener">CorpDigest — Nordea financials</a></div>Explore Nordea
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