Nordea Mortgage Bank Plc - Puolivuosikatsaus

Nordea Mortgage Bank Plc: Half-year financial report January-June 2018

Nordea Mortgage Bank Plc's Half-year financial report and Alternative
performance measures have been published. The documents are attached to this
release and they are available on the Internet at
http://www.nordea.com/en/investor-relations/reports-and-presentations/.
Only information having material influence on the value of securities is
included in this stock exchange release.
Nordea Mortgage Bank Plc is a wholly owned subsidiary of Nordea Bank AB (publ),
the listed parent company of the whole Nordea Group. This statutory half-year
report covers the operations of the legal entity Nordea Mortgage Bank Plc. The
half-year report of Nordea Bank AB (publ) comprises the operations of the Nordea
Group as a whole and gives the best overview of the Group.
Summary of the first half of 2018:

  · The operating profit of Nordea Mortgage Bank amounted to EUR 70.5m
  · Net interest income totalled EUR 108.4m
  · Total operating income was EUR 102.2m
  · Total operating expenses were EUR -24.4m
  · Net loan losses totalled EUR -7.3m
  · Loans to the public decreased 0.5% compared to year-end 2017 and amounted to
EUR 23,403.6m
  · Debt securities in issue increased to EUR 18,366.6m

+-------------------------------------------+-------+-------+------+---------+
|Summary key figures                        |Jan-Jun|Jan-Jun|Change|Full year|
+-------------------------------------------+-------+-------+------+---------+
|                                           |   2018|   2017|     %|     2017|
+-------------------------------------------+-------+-------+------+---------+
|Net interest income, EURm                  |  108.4|   91.1|    19|    192.1|
+-------------------------------------------+-------+-------+------+---------+
|Total operating income, EURm               |  102.2|   81.5|    25|    178.7|
+-------------------------------------------+-------+-------+------+---------+
|Profit before loan losses, EURm            |   77.8|   57.2|    36|    130.9|
+-------------------------------------------+-------+-------+------+---------+
|Net loan losses, EURm                      |   -7.3|   -0.3|      |      0.7|
+-------------------------------------------+-------+-------+------+---------+
|Operating profit, EURm                     |   70.5|   56.9|    24|    131.6|
+-------------------------------------------+-------+-------+------+---------+
|Loan loss ratio, annualised, bps           |    6.2|    0.3|      |     -0.3|
+-------------------------------------------+-------+-------+------+---------+
|Return on equity, %                        |    9.6|    8.3|      |      9.3|
+-------------------------------------------+-------+-------+------+---------+
|Tier 1 capital ratio, %                    |   25.4|   33.6|      |     32.7|
+-------------------------------------------+-------+-------+------+---------+
|Total capital ratio, %                     |   30.6|   40.0|      |     39.2|
+-------------------------------------------+-------+-------+------+---------+
|Number of employees (full time equivalents)|     18|     19|    -5|       20|
+-------------------------------------------+-------+-------+------+---------+

Helsinki, 19 July 2018
Nordea Mortgage Bank Plc
Board of Directors
Additional information:
Thomas Miller, Chief Executive Officer                     + 358 40 864 4554
Satu Vartiainen, Chief Financial Officer                    + 358 40 707 0866
Link, Nordea Mortgage Bank Plc, Half-year financial report January-June
2018 (https://www.nordea.com/en/investor-relations/reports-and
-presentations/select-reports-and-presentations/)
Link, Nordea Mortgage Bank Plc, Alternative Performance Measures January-June
2018 (https://www.nordea.com/en/investor-relations/reports-and
-presentations/select-reports-and-presentations/)

Attachments:

APM NMB eng 062018.pdf

NMB Q2 2018 eng.pdf

NMB Q2 2018 fin.pdf

APM NMB fin 062018.pdf