NDA DKK Nordea Bank AB

Delisting of Certificates

Delisting of Certificates

Nordea Bank Abp, as the issuer, has determined to delist below certificates due to low net asset value (NAV). The instruments will be delisted end of trading 2020-12-14.

ISIN
FI4000197413
FI4000205125
FI4000205166
FI4000205190
FI4000205208
FI4000241591
FI4000252663
FI4000252671
FI4000252747
FI4000252846
FI4000252853
FI4000253158
FI4000253802
FI4000253810
FI4000253877
FI4000253885
FI4000253893
FI4000254180
FI4000254511
FI4000254529
FI4000255302
FI4000256722
FI4000263025
FI4000263041
FI4000263058
FI4000285879
FI4000285895
FI4000285903
FI4000285911
FI4000285937
FI4000316138
FI4000316435
FI4000316443
FI4000316583
FI4000316591
FI4000346234
FI4000346259
FI4000346523
FI4000370549
FI4000370564
FI4000393236
FI4000393327
FI4000401864
FI4000408422
FI4000409628
FI4000409792
FI4000418306
FI4000418314
FI4000418488
FI4000418579
FI4000418587
FI4000418769
FI4000419395
FI4000419403
FI4000419437
FI4000419445
FI4000419452
FI4000419494
FI4000419510
FI4000419916
FI4000419924
FI4000420005
FI4000420104
FI4000420112
FI4000420153
FI4000420161
FI4000420211
FI4000420229
FI4000420278
FI4000420336
FI4000420351
FI4000421383
FI4000421391
FI4000436597
FI4000436753
FI4000437769
FI4000439039
FI4000439146
FI4000439385

Attachment



EN
07/12/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Nordea Bank AB

 PRESS RELEASE

Amendment of certain final terms for exchange traded products with FX ...

Amendment of certain final terms for exchange traded products with FX as underlying asset Nordea Bank Abp, as the issuer, has determined that  the final terms for the instruments listed in Annex 1 contain certain manifest errors. The issuer hereby uses its right under subsection (i) of Condition 18 (Modifications) in the issuer’s base prospectus for the issuance of warrants & certificates (the relevant base prospectus in respect of a certain instrument is stated in the final terms for such instrument), to amend the relevant final terms in order to correct such manifest errors. Base Rate 1 a...

Nicolas McBeath
  • Nicolas McBeath

Nordea (Buy, TP: SEK155.00) - Resilient returns at a discount

Nordea’s Q1 was a robust quarter, with a resilient >15% ROE on a strong capital position (200bp management buffer) underpinning Nordea’s widening ROE lead versus its peers. We have raised our 2025–2027e EPS by 3–4% and our target price to SEK155 (148). Nordea is trading at a c15% P/E discount to its Swedish large bank peers, which we find unjustified given its superior ROE versus the peer group. We reiterate our BUY.

Nicolas McBeath
  • Nicolas McBeath

Q1 previews

We see near-term downside risk to NII forecasts, and expect declines to intensify in Q1 as timing effects reverse. Still, we continue to see solid value in the sector and believe recent sell-offs on tariff concerns present attractive buying opportunities, as the market again seems to fail to appreciate the earnings resilience of the Swedish banks. We have cut our 2025–2026e EPS by c5% and our target prices by c15% on average (also reflecting the stocks are trading ex-dividend for 2024). We expec...

 PRESS RELEASE

Ändring av underliggande

Ändring av underliggande Ändring av underliggande Med anledning av Millicom International Cellulars kommande avnotering från Nasdaq Stockholm kommer Nordea den 17 mars 2025 ändra den underliggande tillgången för de certifikat som anges i [Bilaga A] till Millicom International Cellular, som är noterad på Nasdaq Global Select i USA. Som en följd av att den nya underliggande tillgången är noterad i USA kommer handelstiderna ändras från 09.00-17.25 till 15.30-21.55 och Nordea gör följande övriga ändringar i de slutliga villkoren för de berörda certifikaten: FältÄndras frånÄndras tillValuation...

Nicolas McBeath
  • Nicolas McBeath

Nordea (Buy, TP: SEK171.00) - Robust capital generation

We view Nordea’s Q4 report as solid, with a >14% ROE and encouraging deposit and asset management volume trends. Our slightly raised 2025-2026 profit estimate forecast c15% ROE. We expect the attractive capital generation and paves the way for robust annual total yields of >10% across our forecast period. Given the healthy profitability outlook, we also find the P/BV of just 1.2x too low. We reiterate our BUY, and have raised our target price to SEK171 (167).

ResearchPool Subscriptions

Get the most out of your insights

Get in touch