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Danish (OMX) Financials Sector Analysis

UpdatedApr 20, 2026
DataAggregated Company Financials
Companies21
  • 7D2.1%
  • 3M2.0%
  • 1Y39.4%
  • YTD1.0%

The Financials industry is up 2.3% in the last week, with Danske Bank up 2.0%. This means that the industry has gained 39% over the past year. Earnings are forecast to grow by 4.7% annually.

Sector Valuation and Performance

Has the Danish Financials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 20 Apr 2026DKK 556.9bDKK 149.1bDKK 41.4b11.8x13.5x3.7x
Wed, 18 Mar 2026DKK 540.7bDKK 148.8bDKK 41.5b11.4x13x3.6x
Fri, 13 Feb 2026DKK 543.6bDKK 147.2bDKK 41.9b11.9x13x3.7x
Sun, 11 Jan 2026DKK 526.1bDKK 143.7bDKK 40.7b12x12.9x3.7x
Tue, 09 Dec 2025DKK 507.2bDKK 143.7bDKK 40.7b11x12.5x3.5x
Thu, 06 Nov 2025DKK 507.6bDKK 145.9bDKK 41.6b10.1x12.2x3.5x
Sat, 04 Oct 2025DKK 479.5bDKK 146.6bDKK 42.5b9.3x11.3x3.3x
Mon, 01 Sep 2025DKK 475.4bDKK 146.6bDKK 42.5b9.4x11.2x3.2x
Wed, 30 Jul 2025DKK 425.6bDKK 132.8bDKK 37.8b9.1x11.3x3.2x
Fri, 27 Jun 2025DKK 417.3bDKK 133.1bDKK 38.1b8.6x11x3.1x
Sun, 25 May 2025DKK 421.5bDKK 133.1bDKK 38.1b8.2x11.1x3.2x
Tue, 22 Apr 2025DKK 425.1bDKK 153.4bDKK 45.6b7.2x9.3x2.8x
Thu, 20 Mar 2025DKK 469.1bDKK 153.6bDKK 45.3b7.6x10.4x3.1x
Sat, 15 Feb 2025DKK 440.4bDKK 154.8bDKK 46.5b6.7x9.5x2.8x
Mon, 13 Jan 2025DKK 419.0bDKK 159.5bDKK 47.1b6.1x8.9x2.6x
Wed, 11 Dec 2024DKK 414.7bDKK 159.5bDKK 47.1b5.7x8.8x2.6x
Fri, 08 Nov 2024DKK 412.8bDKK 159.5bDKK 46.7b5.5x8.8x2.6x
Sun, 06 Oct 2024DKK 391.7bDKK 154.3bDKK 40.9b5.7x9.6x2.5x
Tue, 03 Sep 2024DKK 411.3bDKK 154.4bDKK 40.9b6.1x10x2.7x
Thu, 01 Aug 2024DKK 417.8bDKK 154.4bDKK 41.1b6.2x10.2x2.7x
Sat, 29 Jun 2024DKK 414.5bDKK 151.3bDKK 39.4b6x10.5x2.7x
Mon, 27 May 2024DKK 397.5bDKK 151.3bDKK 39.4b5.8x10.1x2.6x
Wed, 24 Apr 2024DKK 402.8bDKK 149.8bDKK 38.3b6.2x10.5x2.7x
Fri, 22 Mar 2024DKK 402.6bDKK 149.1bDKK 38.4b6.3x10.5x2.7x
Sun, 18 Feb 2024DKK 393.3bDKK 148.5bDKK 38.1b6.9x10.3x2.6x
Tue, 16 Jan 2024DKK 380.1bDKK 135.5bDKK 36.4b6.9x10.4x2.8x
Thu, 14 Dec 2023DKK 372.4bDKK 135.5bDKK 36.4b6.7x10.2x2.7x
Sat, 11 Nov 2023DKK 352.0bDKK 135.7bDKK 36.1b7x9.8x2.6x
Mon, 09 Oct 2023DKK 346.4bDKK 130.6bDKK 15.5b7.8x22.3x2.7x
Wed, 06 Sep 2023DKK 344.2bDKK 130.5bDKK 15.6b7.3x22.1x2.6x
Fri, 04 Aug 2023DKK 344.4bDKK 127.7bDKK 13.7b9x25.1x2.7x
Sun, 02 Jul 2023DKK 360.7bDKK 124.2bDKK 9.8b8.8x36.8x2.9x
Tue, 30 May 2023DKK 349.1bDKK 124.1bDKK 9.7b8.9x35.8x2.8x
Thu, 27 Apr 2023DKK 233.4bDKK 72.4bDKK 11.0b9.7x21.2x3.2x
Price to Earnings Ratio

21.2x


Total Market Cap: DKK 233.4bTotal Earnings: DKK 11.0bTotal Revenue: DKK 72.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Danish Financials Sector Price to Earnings3Y Average 13.9x202420252026
Current Industry PE
  • Investors are relatively neutral on the Danish Financials industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 13.9x.
  • The 3-year average PS ratio of 2.9x is lower than the industry's current PS ratio of 3.7x.
Past Earnings Growth
  • The earnings for companies in the Financials industry have grown 57% per year over the last three years.
  • Revenues for these companies have grown 59% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Danish Financials sector?

DK Market3.30%
Financials2.09%
Insurance2.42%
Banks2.01%
Diversified Financial1.48%
Mortgage Finance0%0
Capital Markets-3.03%
Industry PE
  • Investors are most optimistic about the Insurance industry even though it's trading below its 3-year average PE ratio of 23.0x.
    • Analysts are expecting annual earnings growth of 5.8%, which is lower than the prior year's growth of 25.5% per year.
  • Investors are most pessimistic about the Capital Markets industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
  • Analysts are most optimistic on the Insurance industry, expecting annual earnings growth of 5.8% over the next 5 years.
  • However this is lower than its past earnings growth rate of 25% per year.
  • In contrast, the Banks industry is expected to see its earnings grow by 4.4% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
DANSKE Danske BankDKK 333.801.7%
+DKK 4.5b		55.1%PB1.5x
TRYG TrygDKK 156.201.8%
+DKK 1.8b		3.1%PE18x
ALSYDB AL SydbankDKK 574.003.5%
+DKK 1.7b		40.5%PB1.3x
RILBA Ringkjøbing LandbobankDKK 1.64k3.0%
+DKK 1.1b		40.6%PB3.4x
ALMB Alm. BrandDKK 15.625.0%
+DKK 1.1b		4.3%PE19.1x

Latest News

SJF
DKK 324.00
SJF Bank
7D
2.7%
1Y
18.5%
DANSKE
DKK 333.80
Danske Bank
7D
1.7%
1Y
55.1%

DANSKE: Future Returns Will Lean On Capital Returns And Easing Compliance Overhang

Danske Bank's analyst fair value estimate has shifted from DKK 370 to DKK 396. Analysts point to updated assumptions on discount rates, revenue growth, profit margins and future P/E, alongside a series of recent target changes from houses such as Morgan Stanley, Barclays, Jefferies, Citi and JPMorgan.
TRYG
DKK 156.20
Tryg
7D
1.8%
1Y
3.1%
JYSK
DKK 934.00
Jyske Bank
7D
1.7%
1Y
80.7%

JYSK: Share Cancellations And Capital Returns Will Support Future Upside Potential

Analysts have kept their DKK 1,045 price target for Jyske Bank unchanged, citing only modest tweaks to inputs such as a slightly lower discount rate, a small adjustment to expected revenue contraction, and a marginally higher profit margin, along with a similar future P/E assumption. What's in the News At the annual general meeting on March 17, 2026, shareholders approved amendments to the Articles of Association, including a proposed reduction of nominal share capital by DKK 33,095,280 through cancellation of 3,309,528 previously repurchased shares, subject to final approval at an extraordinary general meeting (company announcement).
ALMB
DKK 15.62
Alm. Brand
7D
5.0%
1Y
4.3%

ALMB: Dividend Discipline And Earnings Quality Will Support Higher Future P/E

Analysts have nudged their price target on Alm. Brand slightly lower, from DKK 21.83 to DKK 21.50, reflecting updated assumptions on fair value and future P/E in light of recent mixed initiation views from the Street.
NEWCAP
DKK 0.16
Newcap Holding
7D
-8.5%
1Y
78.7%
STRINV
DKK 0.69
Strategic Investments
7D
-1.4%
1Y
-21.0%
ALSYDB
DKK 574.00
AL Sydbank
7D
3.5%
1Y
40.5%
LOLB
DKK 884.00
Lollands Bank
7D
-0.7%
1Y
51.1%
RILBA
DKK 1,637.00
Ringkjøbing Landbobank
7D
3.0%
1Y
40.6%
SKJE
DKK 300.00
Skjern Bank
7D
-1.6%
1Y
55.1%
LASP
DKK 1,210.00
Lån & Spar Bank
7D
3.9%
1Y
68.4%