Previous Close | 42.79 |
Open | 42.67 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's Range | 42.67 - 43.03 |
52 Week Range | 35.60 - 53.00 |
Volume | |
Avg. Volume | 940,882 |
Market Cap | 13.047B |
Beta (5Y Monthly) | 1.01 |
PE Ratio (TTM) | 4.97 |
EPS (TTM) | 8.59 |
Earnings Date | Feb 16, 2022 - Feb 21, 2022 |
Forward Dividend & Yield | 2.49 (5.45%) |
Ex-Dividend Date | May 23, 2022 |
1y Target Est | 53.55 |
NN Group's core profit fell 12.1% year-on-year in the first half of 2022, the Dutch insurer said on Thursday, citing the impact of weather events and the sale of its asset management arm. The figure beat analyst expectations by 2%, Alexander Evans from Credit Suisse wrote in a flash note to clients. The operating result only includes one quarter of contribution from NN's former asset management business, NN Investment Partners, sold to Goldman Sachs for 1.7 billion euros in April.
The figure beat analyst expectations by 2%, Alexander Evans from Credit Suisse wrote in a flash note to clients. The operating result only includes one quarter of contribution from NN's former asset management business, NN Investment Partners, sold to Goldman Sachs for 1.7 billion euros in April. NN said its operating capital generation grew to 899 million euros, compared with 780 million euros last year, and also trounced expectations by about 17%, according to Credit Suisse.
Financial firms already struggling with climate-compliance due to unclear measurement metrics will soon face new disclosure requirements for biodiversity, or nature-related, investments. "Nature is a financial risk for business," Elizabeth Mrema, co-chair of the Taskforce on Nature-related Financial Disclosures (TNFD), told the Reuters Global Markets Forum, adding that $10 trillion is accrued every year from nature. The TNFD working group is putting together metrics to measure biodiversity targets in consultation with industry and financial institutions.