1212 GMT - Barclays believes that Nordic bank share prices could be driven by capital return announcements, 2025 guidance and net interest income in upcoming fourth quarter reports. It thinks net interest income consensus expectations are too high for Swedbank, SEB and Danske Bank, but believes consensus net interest income and EPS expectations for 2025-2026 are too low for DNB Bank. "We believe DNB is best placed into fourth quarter 2024 numbers relative to Swedbank and SEB." Danske Bank may drop its full-year 2025 net interest income guidance, Handelsbanken consensus dividend estimates are too low but fourth quarter 2024 consensus net interest income is too high, and Nordea consensus fourth quarter net interest income and dividends are too high. (dominic.chopping@wsj.com)
(END) Dow Jones Newswires
January 09, 2025 07:12 ET (12:12 GMT)
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