Among the six largest banks in the Nordic countries, in terms of total assets, Nordea Bank Abp reported the largest market capitalization as of December 2021. That year, Nordea's market cap was roughly 42.8 billion euros. The Norwegian bank DNB ASA followed in the ranking, with a market capitalization of roughly 31.4 billion euros.
Market capitalization of the largest banks in the Nordic countries as of December 2021
(in billion euros)
All figures taken from each bank's annual report.
The selection of banks is based on the leading banks in the Nordic countries by total assets.
Figures for Danske Bank A/S were converted from DKK to EUR.
Figures for Svenska Handelsbanken, SEB Group, and Swedbank AB were converted from SEK to EUR.
Figures for DNB Group were converted from NOK to EUR.
Exchange rates as of December 31, 2020:
DKK/EUR: 0.134464.
SEK/EUR: 0.0976138.
NOK/EUR: 0.10018.
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Statista. (June 29, 2022). Market capitalization of the largest banks in the Nordic countries as of December 2021 (in billion euros) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1280038/market-cap-of-largest-banks-nordics/
Statista. "Market capitalization of the largest banks in the Nordic countries as of December 2021 (in billion euros)." Chart. June 29, 2022. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1280038/market-cap-of-largest-banks-nordics/
Statista. (2022). Market capitalization of the largest banks in the Nordic countries as of December 2021 (in billion euros). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1280038/market-cap-of-largest-banks-nordics/
Statista. "Market Capitalization of The Largest Banks in The Nordic Countries as of December 2021 (in Billion Euros)." Statista, Statista Inc., 29 Jun 2022, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1280038/market-cap-of-largest-banks-nordics/
Statista, Market capitalization of the largest banks in the Nordic countries as of December 2021 (in billion euros) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1280038/market-cap-of-largest-banks-nordics/ (last visited November 10, 2024)
Market capitalization of the largest banks in the Nordic countries as of December 2021 (in billion euros) [Graph], Statista, June 29, 2022. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1280038/market-cap-of-largest-banks-nordics/
