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By Anne Kauranen HELSINKI (Reuters) – Nordea Bank unveiled more ambitious profitability targets on Thursday but the Nordic region’s biggest lender also said it expects costs to rise this year. The Helsinki-based bank is now aiming for a return on equity (RoE) above 13% for 2025 and raised its 2022 target to above 11% from …

Nordea expects higher 2022 costs but better profitability Read More »

By Nikolaj Skydsgaard COPENHAGEN (Reuters) – Danske Bank on Thursday maintained its 2023 profitability target and said it expected to increase profits this year, but uncertainty over dividend payments brought potential money laundering fines back in focus. Denmark’s biggest lender has been dogged by a money laundering scandal since 2018 in its former Estonia branch, …

Danske Bank dividend policy brings Estonia case back in spotlight Read More »

By Jesús Aguado MADRID (Reuters) -Lower lending income and one-off charges were responsible for a loss of 18 million euros ($20.33 million) at Spanish lender Unicaja in the fourth quarter, despite an increase in fees. In a defensive deal closed at the end of July to protect itself from the pressure of ultra low interest …

Spanish lender Unicaja Q4 books loss on falling lending income Read More »

By Toby Sterling AMSTERDAM (Reuters) -ING Groep NV reported higher-than-expected provisions in its fourth quarter earnings report on Thursday, as the largest Dutch bank braced for the impact of higher inflation on customers. ING reported a 27% rise in fourth-quarter pretax profit to 1.33 billion euros ($1.50 billion), slightly below analyst forecasts of 1.47 billion …

ING shares dip 4% after earnings; provisions rise on inflation worries Read More »