Nordea Bank Abp · OMXHEX:NDA_FI
Nordea Bank Abp — Nordea — Shareholder Meeting (2007)
11 slides from Nordea Bank Abp's shareholder meeting presentation, Nov 1, 2007
Slide 1: Annual General Meeting in Nordea Bank AB (publ) 2007
Annual General Meeting in Nordea Bank AB (publ) 2007
Slide 2: Lars G Nordström, President and Group CEO
Lars G Nordström President and Group CEO
Slide 3: Record results 2006
Record results 2006 z Return on equity at all-time high 22.9% z Income up 12% z Earnings per share up 41% z Dividend per share up 40% z Lending up by 14% z Strong growth in Private Banking z Premiums in Life & Pensions up 22%
Slide 4: Annual General Meeting in Nordea Bank AB (publ) 2007
Annual General Meeting in Nordea Bank AB (publ) 2007
Slide 5: Reduced cost base since 2002 – despite strong increase in business volumes
Reduced cost base since 2002 – despite strong increase in business volumes EURm EURbn 4,000 3,903 225.0 3,835 3,822 3,500 3,655 3,675 214 200.0 3,000 2,500 188 175.0 2,000 161 1,500 150.0 146 146 1,000 125.0 500 0 100.0 2002 2003 2004 2005 2006 Operating expenses Total lending
Slide 6: Cost/income ratio continues downwards
Cost/income ratio continues downwards % 70 60 64 63 60 56 50 52 40 30 20 10 0 2002 2003 2004 2005 2006
Slide 7: Growth is generated from efficient risk and capital management
Growth is generated from efficient risk and capital management (EURbn) 12 210.0 214 190.0 10.2 10 189 9.6 170.0 8.9 9.0 8.4 8 161 150.0 146 146 6 130.0 110.0 4 90.0 2 70.0 50.0 0 2002 2003 2004 2005 2006 Lending Economic capital
Slide 8: Return on equity
Return on equity 21.5% 20.6% 20.4% 19.5% 19.3% 19.2% 18.0% 18.3% 17.5% 17.0% 17.0% 17.0% Nordea SEB DnB NOR Swedbank SHB Danske Bank FY 2005 (adj) FY 2006 (adj)
Slide 9: Nordea has delivered on financial targets
Nordea has delivered on financial targets Key performance indicator 2004 2005 2006 Total shareholder return % #3 # 10 #3 RoE % 14.5 18.0 22.9 Costs, EURm 3,502 3,494 3,822
Slide 10: Total shareholder return (TSR) 2006
C % 0 5 10 15 20 25 30 35 40 om SH m B er zb A a B N nk D AM an s k RO e B an k R B O S H U B ni OS cr e Sw dit ed o ba nk K B B C ar cl ay s Ll Er o yd st e s Ba nk B A N lli P ed H Ir D yp is h nB ov B er a So ei nk s c i n sb et e an G k en er al N Total shareholder return (TSR) 2006 or de B a an
Slide 11: Slide 11