To be fair, Nordea (OTCPK:NRBAY) reported a disappointing set of numbers for the first quarter. The bank’s revenues missed the consensus estimate as both net interest income and fees were weaker than expected. With that being said, Mr. Market is too bearish on the stock. Even though Nordea has been hit hard by a double-whammy of temporary revenue headwinds and a massive restructuring program, its long-term fundamentals remain intact. In addition, Nordea currently offers a 8% dividend, and we believe such an attractive yield limits the potential downside and would also give the