Nordea Bank Reports Better-Than-Expected Q1 2025 Earnings and Operating Profit, Says CEO Frank Vang-Jensen

Nordea Bank reported better-than-expected earnings for the first quarter of 2025, with its net interest income declining less than anticipated. The bank's CEO, Frank Vang-Jensen, stated it was a stable quarter for Nordea, highlighting that income from lending was supported by increased deposit volumes, which helped mitigate the effects of ongoing interest rate cuts by central banks. The bank's operating profit also exceeded expectations, aligning with its revenue forecasts for the period. This marks Nordea as the first major bank to release its Q1 financial results.