Nordea Backs Guidance After Earnings Beat - WSJ
1. Nordea reported Q1 net profit of 1.21 billion euros, slightly down from last year. 2. Net interest income fell 6.4% to 1.83 billion euros, outperforming analyst forecasts. 3. Customers prefer to save and delay major financial decisions. 4. Corporate lending remains stable despite lower policy rates impacting total income. 5. Nordea targets a return on equity above 15% for the full year.