Nordics: revenue of largest banks 2021

During the year 2021, the Finnish bank Nordea Bank Abp generated more revenue than any other of the ten largest banks in the Nordic countries in terms of total assets. That year, the revenue of the Helsinki-headquartered bank amounted to approximately 9.62 billion euros. Danske Bank A/S and DNB ASA followed, with revenue amounting to 5.73 and 5.6 billion euros, respectively.

Annual revenue of the largest banks in the Nordic countries in 2021 (in million euros)

Characteristic	Revenue in million euros
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Release date

June 2022

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Region

Denmark, Finland, Norway, Sweden

Survey time period

2021

Supplementary notes

All figures taken from each bank's annual report.
The selection of banks is based on the 10 leading banks in the Nordic countries by total assets.

Figures for Danske Bank A/S, Jyske Bank Group, Nykredit Bank A/S, and Sydbank 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, 2021:
DKK/EUR: 0.134464.
SEK/EUR: 0.0976138.
NOK/EUR: 0.10018.

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