Nordic Banks Face Earnings Pressure -- Market Talk

Dow Jones

2025/07/07

1215 GMT - Nordic banks face a second-quarter earnings drop of 5% on the quarter, on weaker net interest income, subdued fees and higher costs, Bank of America Securities analyst Tarik El Mejjad writes. The latest rate cuts in Sweden and Norway have clouded expectations for the trough in net interest income, with BofA expecting the trough to come in the third quarter for SEB and Nordea, and the fourth quarter for Swedbank and Handelsbanken. BofA remains constructive on Danske Bank, thanks to the possibility of higher distributions, and DNB, on strong loan growth and buybacks restarting. "In contrast, we stay cautious on the Swedish banks relative to peers, especially Swedbank and Handelsbanken, where we expect a difficult quarter for net interest income and several more quarters of pressure." (dominic.chopping@wsj.com)

(END) Dow Jones Newswires

July 07, 2025 08:15 ET (12:15 GMT)

应版权方要求，你需要登录查看该内容

免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。

热议股票

{"basename":"/hans","ssrTDKData":{"titleTemplate":"%s - 老虎证券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎证券,老虎证券开户,老虎券商,老虎证券官网,老虎证券app,tigertrade老虎证券,股票,炒股,新加坡股票交易平台,投资,投资理财","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hans/news/2549534245"},"companyName":"老虎证券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2549534245\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2549534245?lang=zh_CN&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-07-07 20:15","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2549534245","market":"fut","top_or_hot":-1,"title":"Nordic Banks Face Earnings Pressure -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1215 GMT - <a href=\"https://laohu8.com/S/MR7.SI\">Nordic</a> banks face a second-quarter earnings drop of 5% on the quarter, on weaker net interest income, subdued fees and higher costs, Bank of America Securities analyst Tarik El Mejjad writes. The latest rate cuts in Sweden and Norway have clouded expectations for the trough in net interest income, with BofA expecting the trough to come in the third quarter for SEB and Nordea, and the fourth quarter for Swedbank and Handelsbanken. BofA remains constructive on Danske Bank, thanks to the possibility of higher distributions, and DNB, on strong loan growth and buybacks restarting. \"In contrast, we stay cautious on the Swedish banks relative to peers, especially Swedbank and Handelsbanken, where we expect a difficult quarter for net interest income and several more quarters of pressure.\" (dominic.chopping@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 07, 2025 08:15 ET (12:15 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nordic Banks Face Earnings Pressure -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNordic Banks Face Earnings Pressure -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-07-07 20:15</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1215 GMT - <a href=\"https://laohu8.com/S/MR7.SI\">Nordic</a> banks face a second-quarter earnings drop of 5% on the quarter, on weaker net interest income, subdued fees and higher costs, Bank of America Securities analyst Tarik El Mejjad writes. The latest rate cuts in Sweden and Norway have clouded expectations for the trough in net interest income, with BofA expecting the trough to come in the third quarter for SEB and Nordea, and the fourth quarter for Swedbank and Handelsbanken. BofA remains constructive on Danske Bank, thanks to the possibility of higher distributions, and DNB, on strong loan growth and buybacks restarting. \"In contrast, we stay cautious on the Swedish banks relative to peers, especially Swedbank and Handelsbanken, where we expect a difficult quarter for net interest income and several more quarters of pressure.\" (dominic.chopping@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 07, 2025 08:15 ET (12:15 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MR7.SI","symbol_name":"挪迪克","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2549534245","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2549534245","pubTimestamp":1751890500,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1215 GMT - Nordic banks face a second-quarter earnings drop of 5% on the quarter, on weaker net interest income, subdued fees and higher costs, Bank of America Securities analyst Tarik El Mejjad writes. The latest rate cuts in Sweden and Norway have clouded expectations for the trough in net interest income, with BofA expecting the trough to come in the third quarter for SEB and Nordea, and the fourth quarter for Swedbank and Handelsbanken. BofA remains constructive on Danske Bank, thanks to the possibility of higher distributions, and DNB, on strong loan growth and buybacks restarting. \"In contrast, we stay cautious on the Swedish banks relative to peers, especially Swedbank and Handelsbanken, where we expect a difficult quarter for net interest income and several more quarters of pressure.\" ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"MR7.SI":"挪迪克","DNKEY":"Danske Bank A/S","SWDBY":"Swedbank AB"},"translate_title":"北欧银行面临盈利压力——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MR7.SI":1,"DNKEY":0.9,"SWDBY":0.9},"content_text":"1215 GMT - Nordic banks face a second-quarter earnings drop of 5% on the quarter, on weaker net interest income, subdued fees and higher costs, Bank of America Securities analyst Tarik El Mejjad writes. The latest rate cuts in Sweden and Norway have clouded expectations for the trough in net interest income, with BofA expecting the trough to come in the third quarter for SEB and Nordea, and the fourth quarter for Swedbank and Handelsbanken. BofA remains constructive on Danske Bank, thanks to the possibility of higher distributions, and DNB, on strong loan growth and buybacks restarting. \"In contrast, we stay cautious on the Swedish banks relative to peers, especially Swedbank and Handelsbanken, where we expect a difficult quarter for net interest income and several more quarters of pressure.\" (dominic.chopping@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 07, 2025 08:15 ET (12:15 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}