We make minimal changes ahead of Q2 and remain pretty much in line with the current consensus. NII will see support from one extra interest day, but will also have some headwind from the rate hike in Norway which is not yet priced through to customers. After both the Swedish and Norwegian central banks left the door open for a 25bps hike later this year, NII should get some further support, but this is mostly already reflected in our estimates. We model an EUR 0.35 EPS for the quarter, and a ROE ....
