Nordea EN English Dansk Norsk Suomi Svenska Latest interim results Breadcrumb Home Investors Reports & presentations Latest interim results Nordea’s third-quarter results 2021 On track to reach 2022 financial targets. Nordea continues to focus on creating great customer experiences, growing income and improving operational efficiency in line with its plan, and is progressing well towards meeting its 2022 financial targets. Read the stock exchange release Latest interim results material Interim report third quarter 2021 PDF, 2MB Presentation third quarter 2021 PDF, 1MB Factbook third quarter 2021 PDF, 2MB Factbook third quarter 2021 XLSX, 2MB Income statement third quarter 2021 XLSX, 257KB Alternative performance measures Nordea Group third quarter 2021 XLSX, 4MB Delårsrapport för tredje kvartalet 2021 PDF, 682KB Watch the Q3 Investor webcast held on 21 October 2021 Frank Vang-Jensen, President and Group CEO, presented the results followed by a Q&A audio session for investors and analysts with Frank Vang-Jensen, Ian Smith, Group CFO, and Matti Ahokas, Head of Investor Relations. Watch the webcast CEO Frank Vang-Jensen comments third-quarter results 2021 Oops! Please enable marketing cookies to view content like this from Nordea Key highlights from third quarter: Strong result with 9% y/y income growth. Mortgage volumes up 6% and SME volumes 9% y/y. Net commissions up 19% y/y and AuM up 21% y/y to an all-time high of 393bn. Costs increased by 1% y/y due to the inclusion of Nordea Finance Equipment and exchange rate effects. Before these items, costs were down 1%, driven by good cost management. The full-year 2021 cost outlook is unchanged at around EUR 4.6bn. Strong credit quality with 3bp net loan loss reversals. Total management judgement allowance unchanged at EUR 610m. Nordea's cost-to-income ratio improved to 49% from 53% a year ago. Unpaid dividends distributed to shareholders and share buy-back initiated. New financial targets to be announced alongside fourth-quarter 2021 results. Share this page About us Who we are Nordea in society Corporate governance Investors Nordea in figures Reports & presentations Share News & insights Press room Economic Outlook Blogs Careers Vacant positions Join us Locations Sustainability Sustainability at Nordea Sustainable Choice Reports Our services Corporates & institutions Small & medium businesses Personal customers Contact us General terms Privacy policy Cookies Accessibility Site feedback Nordea Bank © 2021 Nordea’s use of cookies Dansk Norsk Suomi Svenska Nordea uses own cookies as well as cookies from third parties. Cookies are used to enhance your online experience and to remember your preferences, for example language. Cookies are also used to analyse web traffic and to show you targeted ads in our own and third parties’ online media. We ask for your consent to use such cookies, except for necessary cookies which are needed to run our website. If you click on “Settings” below, you are able to decide which cookies you want to consent to. By clicking “Accept all cookies” you consent to all cookies from Nordea and our third-party collaborators. You can change or withdraw your consent at any time. You can read more about the use of cookies and how you can withdraw your consent in our cookie policy. Accept all cookies Settings