First-quarter results 2024

Nordea Bank AbpInterim report (Q1 and Q3)18 April 2024 at 7:30 EET Summary of the quarter Continued high-quality income growth. Total income was up 6%, driven by an 11% increase in net interest income. Net fee and commission income was stable year on year and net insurance result increased by 33%. Net fair value result was solid following a strong first quarter last year. Costs decreased by 9%, driven by lower resolution fees. Costs excluding regulatory fees increased by 5%, driven by inflation and continued investments in risk management and technology in line with Nordea’s plan.