Nordea falls as it pauses share buybacks, posts Q3 earnings miss

By Reuters News

** Shares in Finland's Nordea Bank NDAFI.HE fall around 5% after its Q3 operating profit missed market expectations and it said it would pause share buybacks pending an ECB capital models review

** "Key negative of the result is that share buybacks are now on pause until RWA (risk-weighted assets) impact from ECB model review is known," Jefferies says

** Nordea's Q3 operating profit was €1.54 billion ($1.73 billion) vs €1.63 billion expected by analysts according to LSEG data

** If the losses hold, the shares will see their worst trading day since April 2025

($1 = 0.8917 euros)

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