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Danish (OMX) Banks Industry Analysis

UpdatedMar 28, 2026
DataAggregated Company Financials
Companies16
  • 7D-1.9%
  • 3M-4.8%
  • 1Y29.1%
  • YTD-6.3%

The Banks industry has stayed flat over the last week. The past year has been better, since the industry has gained 31% in that time. As for the next few years, earnings are expected to grow by 4.0% per annum.

Industry Valuation and Performance

Has the Danish Banks Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 28 Mar 2026DKK 399.5bDKK 91.7bDKK 34.9b10.5x11.4x4.4x
Mon, 23 Feb 2026DKK 433.6bDKK 90.1bDKK 35.3b11.8x12.3x4.8x
Wed, 21 Jan 2026DKK 404.9bDKK 89.1bDKK 34.8b12x11.6x4.5x
Fri, 19 Dec 2025DKK 395.2bDKK 89.1bDKK 34.8b10.6x11.3x4.4x
Sun, 16 Nov 2025DKK 385.2bDKK 91.4bDKK 35.7b9.8x10.8x4.2x
Tue, 14 Oct 2025DKK 360.1bDKK 92.1bDKK 36.5b8.9x9.9x3.9x
Thu, 11 Sep 2025DKK 351.2bDKK 92.1bDKK 36.5b9.1x9.6x3.8x
Sat, 09 Aug 2025DKK 309.2bDKK 78.3bDKK 31.8b8.8x9.7x3.9x
Mon, 07 Jul 2025DKK 298.8bDKK 78.7bDKK 32.2b8.1x9.3x3.8x
Wed, 04 Jun 2025DKK 295.1bDKK 78.8bDKK 32.2b8.3x9.2x3.7x
Fri, 02 May 2025DKK 327.2bDKK 98.8bDKK 39.7b7x8.3x3.3x
Sun, 30 Mar 2025DKK 332.2bDKK 98.8bDKK 39.7b7.2x8.4x3.4x
Tue, 25 Feb 2025DKK 330.9bDKK 100.0bDKK 40.9b6.9x8.1x3.3x
Thu, 23 Jan 2025DKK 311.0bDKK 103.1bDKK 41.2b6.1x7.6x3x
Sat, 21 Dec 2024DKK 290.5bDKK 103.1bDKK 41.2b5.6x7.1x2.8x
Mon, 18 Nov 2024DKK 289.3bDKK 103.0bDKK 41.1b5.5x7x2.8x
Wed, 16 Oct 2024DKK 251.6bDKK 86.7bDKK 34.8b5.5x7.2x2.9x
Fri, 13 Sep 2024DKK 255.3bDKK 86.7bDKK 34.8b5.5x7.3x2.9x
Sun, 11 Aug 2024DKK 253.2bDKK 86.5bDKK 34.9b5.4x7.2x2.9x
Tue, 09 Jul 2024DKK 263.0bDKK 84.5bDKK 34.0b5.7x7.7x3.1x
Thu, 06 Jun 2024DKK 263.3bDKK 84.5bDKK 34.0b5.5x7.7x3.1x
Sat, 04 May 2024DKK 254.3bDKK 84.3bDKK 33.9b5.8x7.5x3x
Mon, 01 Apr 2024DKK 265.9bDKK 83.1bDKK 33.0b5.8x8.1x3.2x
Wed, 28 Feb 2024DKK 253.4bDKK 82.7bDKK 32.7b6.2x7.7x3.1x
Fri, 26 Jan 2024DKK 245.0bDKK 80.5bDKK 30.7b6.4x8x3x
Sun, 24 Dec 2023DKK 228.1bDKK 80.5bDKK 30.7b5.7x7.4x2.8x
Tue, 21 Nov 2023DKK 229.1bDKK 80.4bDKK 30.6b6.3x7.5x2.8x
Thu, 19 Oct 2023DKK 223.1bDKK 75.2bDKK 10.1b7.5x22.1x3x
Sat, 16 Sep 2023DKK 215.9bDKK 75.2bDKK 10.1b7.1x21.4x2.9x
Mon, 14 Aug 2023DKK 220.6bDKK 73.2bDKK 8.8b8.8x25.2x3x
Wed, 12 Jul 2023DKK 220.0bDKK 69.4bDKK 5.3b8.3x41.6x3.2x
Fri, 09 Jun 2023DKK 216.7bDKK 69.3bDKK 5.2b8.2x41.3x3.1x
Sun, 07 May 2023DKK 189.2bDKK 68.7bDKK 4.9b8.5x38.6x2.8x
Tue, 04 Apr 2023DKK 76.8bDKK 20.0bDKK 6.8b9.4x11.3x3.8x
Price to Earnings Ratio

11.3x


Total Market Cap: DKK 76.8bTotal Earnings: DKK 6.8bTotal Revenue: DKK 20.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Danish Banks Industry Price to Earnings3Y Average 12.5x202420252026
Current Industry PE
  • Investors are relatively neutral on the Danish Banks 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 12.5x.
  • The 3-year average PS ratio of 3.4x is lower than the industry's current PS ratio of 4.5x.
Past Earnings Growth
  • The earnings for companies in the Banks industry have grown 73% per year over the last three years.
  • Revenues for these companies have grown 66% 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 industry?

DK Market-0.67%
Financials-1.98%
Banks-1.85%
Regional Banks-0.82%
Diversified Banks-2.00%
Industry PE
  • Investors are most optimistic about the Regional Banks industry which is trading above its 3-year average PE ratio of 10.4x.
    • Analysts are expecting annual earnings growth of 3.6%, which is higher than its past year's earnings decline of 9.8% per year.
  • Investors are most pessimistic about the Diversified Banks industry, which is trading below its 3-year average of 34.9x.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 4.0% over the next 5 years.
  • This is better than its past earnings decline of 4.8% per year.
  • In contrast, the Regional Banks industry is expected to see its earnings grow by 3.6% 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
ALSYDB AL SydbankDKK 502.502.0%
+DKK 814.8m		14.9%PB1.1x
JYSK Jyske BankDKK 856.001.7%
+DKK 736.9m		53.0%PB0.9x
SKJE Skjern BankDKK 277.506.5%
+DKK 161.3m		38.8%PB1.3x
LASP Lån & Spar BankDKK 1.15k1.8%
+DKK 69.1m		44.7%PB1.1x
DJUR Djurslands BankDKK 876.001.9%
+DKK 42.4m		35.8%PB1.2x

Latest News

FOBANK
DKK 233.00
Føroya Banki
7D
-13.4%
1Y
33.9%
GRLA
DKK 875.00
GrønlandsBANKEN
7D
-7.9%
1Y
13.6%
DANSKE
DKK 301.30
Danske Bank
7D
-3.4%
1Y
29.9%

DANSKE: Future Returns Will Reflect Capital Returns And Higher Earnings Visibility

Analysts have raised the price target for Danske Bank to DKK 375, up from DKK 352, citing updated assumptions on fair value, discount rate, revenue growth, profit margin and future P/E that remain broadly consistent with prior estimates. Analyst Commentary Recent Street research on Danske Bank shows a cluster of higher price targets, suggesting that covering analysts are reassessing their valuation frameworks rather than shifting their underlying views on the business in a dramatic way.
ALSYDB
DKK 502.50
AL Sydbank
7D
2.0%
1Y
14.9%
DAB
DKK 16.00
Danske Andelskassers Bank
7D
-12.6%
1Y
8.1%
LOLB
DKK 860.00
Lollands Bank
7D
-2.3%
1Y
29.3%
JYSK
DKK 856.00
Jyske Bank
7D
1.7%
1Y
53.0%

JYSK: Capital Returns And 2026 Earnings Outlook Will Support Further Upside

Analysts have increased their DKK 809.75 fair value estimate for Jyske Bank to DKK 993.25, reflecting updated assumptions around discount rates, revenue trends, profit margins and future P/E expectations. What's in the News At the annual general meeting on March 17, 2026, shareholders approved the Supervisory Board's motions to amend Jyske Bank's Articles of Association, covering items f.1 to f.2 on the agenda (Key Developments).
DJUR
DKK 876.00
Djurslands Bank
7D
1.9%
1Y
35.8%
RILBA
DKK 1,488.00
Ringkjøbing Landbobank
7D
0.07%
1Y
19.8%
MNBA
DKK 390.00
Møns Bank
7D
1.6%
1Y
62.5%
SJF
DKK 302.00
SJF Bank
7D
0.8%
1Y
7.7%
SKJE
DKK 277.50
Skjern Bank
7D
6.5%
1Y
38.8%
LASP
DKK 1,150.00
Lån & Spar Bank
7D
1.8%
1Y
44.7%