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Danish (OMX) Banks Industry Analysis

UpdatedDec 01, 2022
DataAggregated Company Financials
Companies18
  • 7D1.9%
  • 3M13.4%
  • 1Y8.6%
  • YTD7.2%

Over the last 7 days, the Banks industry has risen 1.9%, driven by gains in Danske Bank and Ringkjøbing Landbobank of 0.8% and 3.7%, respectively. In the last 12 months, the industry was up 8.6%. As for the next few years, earnings are expected to grow by 8.7% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 01 Dec 2022kr.70.6bkr.17.8bkr.6.0b10.4x11.7x4x
Sat, 29 Oct 2022kr.167.1bkr.63.9bkr.344.1m8.9x485.6x2.6x
Mon, 26 Sep 2022kr.150.6bkr.65.0bkr.17.2b9.2x8.7x2.3x
Wed, 24 Aug 2022kr.148.5bkr.65.4bkr.17.5b9.1x8.5x2.3x
Fri, 22 Jul 2022kr.148.2bkr.67.4bkr.18.7b7.8x7.9x2.2x
Sun, 19 Jun 2022kr.152.7bkr.67.4bkr.18.7b7.4x8.1x2.3x
Tue, 17 May 2022kr.155.7bkr.67.3bkr.18.7b8x8.3x2.3x
Thu, 14 Apr 2022kr.164.2bkr.67.2bkr.19.2b8.3x8.5x2.4x
Sat, 12 Mar 2022kr.157.2bkr.67.2bkr.19.2b8.3x8.2x2.3x
Mon, 07 Feb 2022kr.175.7bkr.65.9bkr.18.7b9x9.4x2.7x
Wed, 05 Jan 2022kr.169.3bkr.64.5bkr.16.4b9x10.3x2.6x
Fri, 03 Dec 2021kr.162.4bkr.64.5bkr.16.4b8.8x9.9x2.5x
Sun, 31 Oct 2021kr.162.5bkr.65.2bkr.16.6b9.1x9.8x2.5x
Tue, 28 Sep 2021kr.158.3bkr.63.6bkr.15.3b8.8x10.4x2.5x
Thu, 26 Aug 2021kr.154.6bkr.62.6bkr.14.9b9.1x10.4x2.5x
Fri, 02 Jul 2021kr.151.5bkr.62.6bkr.14.9b9.1x10.1x2.4x
Mon, 05 Apr 2021kr.155.0bkr.61.3bkr.13.9b8.9x11.1x2.5x
Thu, 07 Jan 2021kr.45.0bkr.14.8bkr.3.8b10.2x11.9x3x
Wed, 30 Sep 2020kr.111.8bkr.54.6bkr.11.2b9.8x10x2x
Sat, 04 Jul 2020kr.114.9bkr.55.5bkr.12.4b8.7x9.3x2.1x
Tue, 07 Apr 2020kr.99.4bkr.56.6bkr.14.1b7.1x7.1x1.8x
Fri, 10 Jan 2020kr.44.1bkr.16.1bkr.4.9b6.7x8.9x2.7x
Price to Earnings Ratio

6.9x


Total Market Cap: kr.120.5bTotal Earnings: kr.17.5bTotal Revenue: kr.61.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Danish Banks Industry Price to Earnings3Y Average 10.6x202020212022
Current Industry PE
  • Investors are optimistic on the Danish Banks industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 11.7x which is higher than its 3-year average PE of 10.6x.
  • The 3-year average PS ratio of 2.5x is lower than the industry's current PS ratio of 4.0x.
Past Earnings Growth
  • The earnings for companies in the Banks industry have declined 30% per year over the last three years,
  • Revenues have also declined 34% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

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

DK Market2.10%
Financials1.02%
Banks1.91%
Regional Banks2.39%
Diversified Banks0.86%
Industry PE
  • Investors are most optimistic about the Regional Banks industry which is trading above its 3-year average PE ratio of 10.8x.
    • Analysts are expecting annual earnings growth of 10.3%, which is higher than its past year's earnings decline of 14.2% per year.
  • Investors are most pessimistic about the Diversified Banks industry, which is trading close to its 3-year average of 9.1x.
Forecasted Growth
  • Analysts are most optimistic on the Regional Banks industry, expecting annual earnings growth of 10% over the next 5 years.
  • This is better than its past earnings decline of 14% per year.
  • In contrast, the Diversified Banks industry is expected to see its earnings grow by 5.4% 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 Bankkr.127.500.8%
+kr.893.2m
13.9%PB0.7x
RILBA Ringkjøbing Landbobankkr.889.003.7%
+kr.849.8m
3.0%PB2.7x
SPNO Spar Nord Bankkr.104.203.2%
+kr.378.7m
19.2%PB1x
SYDB Sydbankkr.264.201.1%
+kr.165.9m
20.6%PB1.1x
LASP LÃ¥n & Spar Bankkr.665.001.5%
+kr.34.6m
9.0%PB1x
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Latest News

BNORDIK CSE

kr.125.00

P/F BankNordik

7D

1.2%

1Y

-12.3%

SPNO

kr.104.20

Spar Nord Bank

7D

3.2%

1Y

19.2%

SYDB

kr.264.20

Sydbank

7D

1.1%

1Y

20.6%

VJBA

kr.3.09

Vestjysk Bank

7D

-2.5%

1Y

-8.9%

TOTA

kr.133.00

Totalbanken

7D

-1.5%

1Y

0.8%

SPKSJF

kr.185.50

Sparekassen Sjælland-Fyn

7D

-1.1%

1Y

26.2%

SKJE

kr.118.00

Skjern Bank

7D

1.7%

1Y

15.1%

NRDF

kr.213.00

Nordfyns Bank

7D

-0.9%

1Y

-14.5%

LOLB

kr.570.00

Lollands Bank

7D

3.3%

1Y

9.6%

MNBA

kr.206.00

Møns Bank

7D

-1.0%

1Y

-5.5%

LASP

kr.665.00

LÃ¥n & Spar Bank

7D

1.5%

1Y

9.0%

FYNBK

kr.128.00

Fynske Bank

7D

-3.0%

1Y

1.6%

DANSKE

kr.127.50

Danske Bank

7D

0.8%

1Y

13.9%

JYSK

kr.430.30

Jyske Bank

7D

-0.7%

1Y

29.5%

KRE

kr.4,040.00

Kreditbanken

7D

-1.5%

1Y

-3.3%