Nordea vs Unicaja (NDA-FI.HE vs UNI)

Nordea (NDA-FI.HE) vs Unicaja (UNI) in plain English: P/E, growth, margins, debt and dividend side by side, key differences and which fits each investor profile.

Nordea (NDA-FI.HE) and Unicaja (UNI) compete in banking. Here are Nordea and Unicaja side by side with their real figures as of November 4, 2026: what sets them apart, which fits each kind of investor and the most common questions, without telling you whether to buy Nordea or Unicaja.

Nordea vs Unicaja: the figures

Nordea and Unicaja figures from Yahoo Finance, the same source the Fintols analysis uses, retrieved on November 4, 2026; N/A means that Nordea or Unicaja figure is not available, and we never estimate it.

3 key differences between Nordea and Unicaja

1. Dividend: Nordea yields 8.21% at today's price and Unicaja yields 5.90%.
2. Profitability: for every 100 of sales, Nordea keeps 40.3 as net profit and Unicaja keeps 32.8.
3. Size: Nordea is worth €55.6 billion on the stock market, about 6.5 times Unicaja (€8.5 billion).

Nordea or Unicaja: which fits your profile

• If you want growth: Unicaja is growing faster today, so it fits better with investors who put business growth first, usually accepting a higher P/E and a bumpier ride.
• If you want income (dividends): Nordea pays the higher dividend relative to its price.
• If you prefer caution: Unicaja has a less volatile share price, which usually gives more room in a bad year.
• If price is what matters most to you: Nordea trades on the lower P/E; check first whether that is an opportunity or a sign of a business that grows less.

Neither Nordea nor Unicaja wins on everything, and owning both is also an option: spreading money across several companies or an index fund reduces what rides on each one.

How Nordea and Unicaja make money

Nordea (NDA-FI.HE)

Nordea is a major Nordic bank serving Finland, Sweden, Denmark and Norway. It reports four business areas: Personal Banking, the largest, with mortgages and accounts for individuals; Business Banking for small and midsize firms; Large Corporates & Institutions; and Asset & Wealth Management, which runs funds and private wealth. It earns interest and fees. Full Nordea analysis.

Unicaja (UNI)

Unicaja is a Spanish retail bank with a strong presence in Andalusia and Castile and León, built partly through its merger with Liberbank. Its core business is mortgages and loans to households and small businesses, funded by deposits, plus fees from funds, insurance and cards. Full Unicaja analysis.

Frequently asked questions: Nordea vs Unicaja

Is Nordea or Unicaja the better stock?

Choosing between Nordea and Unicaja depends on what you are looking for. Unicaja is growing faster right now, and Nordea trades on the lower P/E. Fintols does not tell you whether to buy Nordea or Unicaja: it shows you the differences so you can decide.

Which pays a higher dividend, Nordea or Unicaja?

As of November 4, 2026, Nordea yields 8.21% and Unicaja yields 5.90%. Also check how much of their profit Nordea and Unicaja pay out: if it is more than they earn, it cannot last.

Which is more expensive, Nordea or Unicaja?

On P/E, Unicaja (12.7x) is more expensive than Nordea (11.9x) as of November 4, 2026. A higher P/E can be justified if earnings grow faster, so compare it with each company's growth in the table.

Can I own both Nordea and Unicaja?

Yes. Many people spread their money across several companies, such as Nordea and Unicaja, or use index funds so they do not depend on just one. If you are starting out, decide how much you want to invest and for how long before buying Nordea or Unicaja.

More comparisons with Nordea or Unicaja

• Deutsche Bank vs Nordea
• Nordea vs Banco Sabadell
• Bankinter vs Nordea
• Banco Sabadell vs Unicaja

More companies like Nordea and Unicaja: banking stocks. Educational content about Nordea and Unicaja, not investment advice.