Investing IdeasBrowse All StocksMarkets

Have your own idea? Try our Stock Screener

Header cover image

Danish (OMX) Banks Industry Analysis

UpdatedDec 02, 2024
DataAggregated Company Financials
Companies19
  • 7D1.1%
  • 3M-1.5%
  • 1Y14.1%
  • YTD11.8%

In the last week, the Banks industry is up 1.1%, with Danske Bank up 1.5%. This takes the industry's 12 month performance to a gain of 14%. Looking forward, earnings are forecast to decline by 6.9% per year.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 02 Dec 2024DKK 286.9bDKK 103.1bDKK 41.2b5.5x7x2.8x
Wed, 30 Oct 2024DKK 279.2bDKK 101.6bDKK 40.4b5.4x6.9x2.7x
Fri, 27 Sep 2024DKK 256.0bDKK 86.7bDKK 34.8b5.5x7.4x3x
Sun, 25 Aug 2024DKK 261.3bDKK 86.7bDKK 34.9b5.5x7.5x3x
Tue, 23 Jul 2024DKK 267.8bDKK 86.4bDKK 34.9b5.6x7.7x3.1x
Thu, 20 Jun 2024DKK 267.6bDKK 84.5bDKK 34.0b5.6x7.9x3.2x
Sat, 18 May 2024DKK 262.0bDKK 84.5bDKK 34.0b5.7x7.7x3.1x
Mon, 15 Apr 2024DKK 263.9bDKK 83.1bDKK 33.0b5.9x8x3.2x
Wed, 13 Mar 2024DKK 264.8bDKK 83.1bDKK 33.0b6.1x8x3.2x
Fri, 09 Feb 2024DKK 249.2bDKK 82.5bDKK 32.6b6.3x7.6x3x
Sun, 07 Jan 2024DKK 241.3bDKK 80.5bDKK 30.7b5.9x7.9x3x
Tue, 05 Dec 2023DKK 229.0bDKK 80.4bDKK 30.6b6.1x7.5x2.8x
Thu, 02 Nov 2023DKK 219.2bDKK 78.6bDKK 29.4b7.3x7.5x2.8x
Sat, 30 Sep 2023DKK 222.5bDKK 75.2bDKK 10.1b7.2x22x3x
Mon, 28 Aug 2023DKK 212.5bDKK 75.0bDKK 10.0b7.3x21.2x2.8x
Wed, 26 Jul 2023DKK 218.1bDKK 72.7bDKK 8.6b8.8x25.4x3x
Fri, 23 Jun 2023DKK 218.4bDKK 69.4bDKK 5.3b8.3x41.3x3.1x
Sun, 21 May 2023DKK 195.3bDKK 69.1bDKK 5.1b8.2x38.3x2.8x
Tue, 18 Apr 2023DKK 79.8bDKK 20.0bDKK 6.8b9.9x11.7x4x
Thu, 16 Mar 2023DKK 77.8bDKK 19.9bDKK 6.8b9.9x11.5x3.9x
Sat, 11 Feb 2023DKK 82.0bDKK 19.5bDKK 6.2b10.9x13.2x4.2x
Mon, 09 Jan 2023DKK 78.8bDKK 19.6bDKK 6.0b10.9x13.2x4x
Wed, 07 Dec 2022DKK 70.3bDKK 19.6bDKK 6.0b10.2x11.7x3.6x
Fri, 04 Nov 2022DKK 65.5bDKK 19.6bDKK 6.0b9.2x10.9x3.4x
Sun, 02 Oct 2022DKK 143.1bDKK 65.0bDKK 17.2b9.1x8.3x2.2x
Tue, 30 Aug 2022DKK 144.4bDKK 65.2bDKK 17.3b9.1x8.3x2.2x
Thu, 28 Jul 2022DKK 146.3bDKK 65.6bDKK 17.8b7.7x8.2x2.2x
Sat, 25 Jun 2022DKK 155.1bDKK 67.4bDKK 18.7b7.5x8.3x2.3x
Mon, 23 May 2022DKK 155.9bDKK 67.4bDKK 18.7b7.9x8.3x2.3x
Wed, 20 Apr 2022DKK 163.7bDKK 67.3bDKK 19.3b8.3x8.5x2.4x
Fri, 18 Mar 2022DKK 165.6bDKK 67.2bDKK 19.2b8.5x8.6x2.5x
Sun, 13 Feb 2022DKK 184.6bDKK 66.1bDKK 18.8b9.1x9.8x2.8x
Tue, 11 Jan 2022DKK 171.6bDKK 64.5bDKK 16.4b9.1x10.4x2.7x
Thu, 09 Dec 2021DKK 164.3bDKK 64.5bDKK 16.4b8.9x10x2.5x
Price to Earnings Ratio

10x


Total Market Cap: DKK 164.3bTotal Earnings: DKK 16.4bTotal Revenue: DKK 64.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Danish Banks Industry Price to Earnings3Y Average 13.5x202220232024
Current Industry PE
  • Investors are pessimistic on the Danish Banks industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 7.0x which is lower than its 3-year average PE of 13.5x.
  • The industry is trading close to its 3-year average PS ratio of 3.0x.
Past Earnings Growth
  • The earnings for companies in the Banks industry have grown 36% per year over the last three years.
  • Revenues for these companies have grown 17% 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 Market0.90%
Financials0.84%
Banks1.07%
Diversified Banks1.29%
Regional Banks0.28%
Industry PE
  • Investors are most optimistic about the Regional Banks industry even though it's trading below its 3-year average PE ratio of 10.2x.
    • Analysts are expecting annual earnings decline of 5.7%, which is lower than the prior year's growth of 14.8% per year.
  • Investors are most pessimistic about the Diversified Banks industry, which is trading below its 3-year average of 34.6x.
Forecasted Growth
  • Despite it being negative, analysts are least pessimistic on the Regional Banks industry since they expect its earnings to decline by only 5.7% per year over the next 5 years, which isn't as bad as the other industries.
  • This is a reversal from its past annual earnings growth rate of 15% per year.
  • In contrast, the Diversified Banks industry is expected to see its earnings decline by 7.1% 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 202.701.5%
+DKK 2.5b		13.7%PB1x
JYSK Jyske BankDKK 496.801.3%
+DKK 381.3m		4.9%PB0.6x
SPNO Spar Nord BankDKK 139.202.2%
+DKK 344.4m		32.6%PB1.2x
SPKSJF Sparekassen Sjælland-FynDKK 213.001.2%
+DKK 42.1m		8.2%PB0.8x
GRLA GrønlandsBANKENDKK 700.001.4%
+DKK 18.0m		14.8%PB0.8x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlansLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & EnterpriseWhat's New
Financial Services GuideTerms and ConditionsPrivacy Policy
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

DJUR

DKK 520.00

Djurslands Bank

7D

1.0%

1Y

15.6%

LASP

DKK 680.00

Lån & Spar Bank

7D

-0.7%

1Y

3.0%

DAB

DKK 12.60

Danske Andelskassers Bank

7D

-0.8%

1Y

20.0%

VJBA

DKK 4.08

Vestjysk Bank

7D

-0.5%

1Y

2.3%

DANSKE

DKK 202.70

Danske Bank

7D

1.5%

1Y

13.7%

NRDF

DKK 316.00

Nordfyns Bank

7D

-1.9%

1Y

20.6%

LOLB

DKK 545.00

Lollands Bank

7D

-1.8%

1Y

-3.5%

SPKSJF

DKK 213.00

Sparekassen Sjælland-Fyn

7D

1.2%

1Y

8.2%

KRE

DKK 5,000.00

Kreditbanken

7D

-1.0%

1Y

11.1%

GRLA

DKK 700.00

GrønlandsBANKEN

7D

1.4%

1Y

14.8%

SPNO

DKK 139.20

Spar Nord Bank

7D

2.2%

1Y

32.6%

SYDB

DKK 350.60

Sydbank

7D

-0.2%

1Y

18.4%

Earnings Release: Here's Why Analysts Cut Their Sydbank A/S (CPH:SYDB) Price Target To kr.415

Nov 02
Earnings Release: Here's Why Analysts Cut Their Sydbank A/S (CPH:SYDB) Price Target To kr.415

JYSK

DKK 496.80

Jyske Bank

7D

1.3%

1Y

4.9%

Here's What Analysts Are Forecasting For Jyske Bank A/S (CPH:JYSK) After Its Third-Quarter Results

Nov 02
Here's What Analysts Are Forecasting For Jyske Bank A/S (CPH:JYSK) After Its Third-Quarter Results

RILBA

DKK 1,150.00

Ringkjøbing Landbobank

7D

-0.3%

1Y

22.2%

FYNBK

DKK 141.00

Fynske Bank

7D

0.7%

1Y

-6.0%