UBS has increased its target price for Nordea Bank Abp to SEK 144 from SEK 143, while keeping a Buy rating for the financial services group.

Nordea operates in four main business segments:

• Retail banking (38.9% of revenues)
• Corporate banking (29.2%)
• Institutional and corporate banking (20.2%)
• Asset and wealth management (11.7%)

The bank's revenue is well-diversified geographically, with significant contributions from:

• Finland (24.9%)
• Sweden (27.3%)
• Denmark (26.5%)
• Norway (17.5%)
• Other regions (3.8%)

This strategic positioning across different markets highlights Nordea's strong operational framework and growth potential in the financial sector.