Nordea joins the flagship EURO STOXX 50 Index
Since 2019 Nordea has created significant shareholder value by implementing a revised strategy focusing on the Nordic markets, significantly improving the financial performance and profitability and de-risking the bank. This has been done by setting clear targets and priorities, focusing on creating great customer experiences, driving income growth initiatives and optimising operational efficiency. Achieving the targets and delivering the key priorities set in 2019 has been supported by a simplified organisational structure and clearer roles, responsibilities and accountabilities. The performance has also been reflected in Nordea's share price, which has, over the last three years, outperformed the STOXX Europe 600 Banks Index by approximately 65% while delivering a total shareholder return of approximately 90%.
At its Capital Markets Day in February 2022, Nordea raised the bar with an updated business plan and a new financial target for 2025. Through 2025 our priorities are to create the best omnichannel customer experience, drive focused and profitable growth and increase operational and capital efficiency. Nordea continues to deliver on its promises and create value for shareholders supported by market-leading performance and significant shareholder distributions.
"I am very pleased to see Nordea included in the flagship index for the Eurozone, together with many other leading brands. This is a great milestone and compliment to all the hard work we have been doing over the past few years. Our way forward is to raise the bar on our financial performance, drive best-in-class omnichannel customer experiences - and create further value for our customers, shareholders and broader society," says President and Group CEO Frank Vang-Jensen.
The EURO STOXX 50 also serves as a reference index for a wide range of investment products such as exchange-traded funds (ETFs), futures, options and other investment products worldwide. Thus, the inclusion may result in increased liquidity in the Nordea shares.
For further information:
Matti Ahokas, Head of Investor Relations, +358 9 5300 8011
Group Communication, +358 10 416 8023 or [email protected]
We are a universal bank with a 200-year history of supporting and growing the Nordic economies - enabling dreams and aspirations for a greater good. Every day, we work to support our customers' financial development, delivering best-in-class omnichannel customer experiences and driving sustainable change. The Nordea share is listed on the Nasdaq Helsinki, Nasdaq Copenhagen and Nasdaq Stockholm exchanges. Read more about us at nordea.com.