Nordea Bank
NDA-FI.HE
#498
Rank
โ‚น3.409 T
Marketcap
โ‚น974.30
Share price
-0.66%
Change (1 day)
8.22%
Change (1 year)
Nordea is a 200 year old Finnish financial service and banking company. In 2019, Nordea offered its services to a customer base of close to 10 million customers.

Operating Margin for Nordea Bank (NDA-FI.HE)

Operating Margin as of September 2024 (TTM): 55.03%

According to Nordea Bank's latest financial reports and stock price the company's current Operating Margin is 55.03%. At the end of 2023 the company had an Operating Margin of 53.87%.

Operating Margin history for Nordea Bank from 2009 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202353.87%15.98%
202246.44%-9.13%
202151.11%46.51%
202034.89%39.32%
201925.04%-45.18%
201845.68%7.74%
201742.40%-10.12%
201647.17%-2.43%
201548.35%10.36%
201443.81%4.21%
201342.03%2.95%
201240.83%8.75%
201137.55%-4.71%
201039.40%14.93%
200934.28%-18.3%
200841.96%-16.9%
200750.49%-6.61%
200654.06%14.38%
200547.26%5.61%
200444.75%52.13%
200329.42%8.58%
200227.09%

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.