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Danish (OMX) Banks Industry Analysis

UpdatedNov 21, 2024
DataAggregated Company Financials
Companies19
  • 7D1.6%
  • 3M-0.2%
  • 1Y16.7%
  • YTD12.7%

In the last week, the Banks industry is up 1.6%, with Jyske Bank up 1.1%. This means that the industry has gained 17% over the past year. As for the next few years, earnings are forecast to decline by 6.9% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 22 Nov 2024DKK 289.3bDKK 103.0bDKK 41.1b5.5x7x2.8x
Sun, 20 Oct 2024DKK 253.2bDKK 86.7bDKK 34.8b5.5x7.3x2.9x
Tue, 17 Sep 2024DKK 256.3bDKK 86.7bDKK 34.8b5.5x7.4x3x
Thu, 15 Aug 2024DKK 256.0bDKK 86.5bDKK 34.9b5.5x7.3x3x
Sat, 13 Jul 2024DKK 264.5bDKK 84.5bDKK 34.1b5.7x7.8x3.1x
Mon, 10 Jun 2024DKK 267.3bDKK 84.5bDKK 34.0b5.6x7.9x3.2x
Wed, 08 May 2024DKK 292.4bDKK 99.1bDKK 39.6b5.9x7.4x3x
Fri, 05 Apr 2024DKK 270.0bDKK 83.1bDKK 33.0b5.9x8.2x3.3x
Sun, 03 Mar 2024DKK 265.7bDKK 82.8bDKK 32.8b6.1x8.1x3.2x
Tue, 30 Jan 2024DKK 243.1bDKK 80.5bDKK 30.7b6.5x7.9x3x
Thu, 28 Dec 2023DKK 231.0bDKK 80.5bDKK 30.7b5.9x7.5x2.9x
Sat, 25 Nov 2023DKK 228.7bDKK 80.4bDKK 30.6b6.2x7.5x2.8x
Mon, 23 Oct 2023DKK 218.3bDKK 75.2bDKK 10.1b7.3x21.6x2.9x
Wed, 20 Sep 2023DKK 215.4bDKK 75.2bDKK 10.1b7.1x21.3x2.9x
Fri, 18 Aug 2023DKK 218.7bDKK 73.5bDKK 8.9b8.5x24.5x3x
Sun, 16 Jul 2023DKK 217.9bDKK 69.4bDKK 5.3b8.4x41.2x3.1x
Tue, 13 Jun 2023DKK 216.3bDKK 69.3bDKK 5.2b8.2x41.2x3.1x
Thu, 11 May 2023DKK 191.3bDKK 68.9bDKK 5.0b8.5x38.2x2.8x
Sat, 08 Apr 2023DKK 75.9bDKK 20.0bDKK 6.8b9.2x11.2x3.8x
Mon, 06 Mar 2023DKK 88.6bDKK 19.9bDKK 6.8b11.2x13.1x4.4x
Wed, 01 Feb 2023DKK 77.5bDKK 19.6bDKK 6.0b11x12.9x3.9x
Fri, 30 Dec 2022DKK 74.5bDKK 19.6bDKK 6.0b10.6x12.4x3.8x
Sun, 27 Nov 2022DKK 69.8bDKK 19.6bDKK 6.0b10.4x11.6x3.6x
Tue, 25 Oct 2022DKK 150.7bDKK 65.0bDKK 17.2b8.8x8.7x2.3x
Thu, 22 Sep 2022DKK 156.1bDKK 65.0bDKK 17.3b9.2x9x2.4x
Sat, 20 Aug 2022DKK 151.0bDKK 65.6bDKK 17.7b8.4x8.5x2.3x
Mon, 18 Jul 2022DKK 141.7bDKK 67.4bDKK 18.7b7.5x7.6x2.1x
Wed, 15 Jun 2022DKK 156.2bDKK 67.4bDKK 18.7b7.6x8.3x2.3x
Fri, 13 May 2022DKK 154.2bDKK 66.9bDKK 18.7b8.1x8.2x2.3x
Sun, 10 Apr 2022DKK 168.9bDKK 67.2bDKK 19.2b8.5x8.8x2.5x
Tue, 08 Mar 2022DKK 145.0bDKK 67.2bDKK 19.2b8x7.6x2.2x
Thu, 03 Feb 2022DKK 184.0bDKK 64.5bDKK 16.4b9.6x11.2x2.9x
Sat, 01 Jan 2022DKK 162.8bDKK 64.5bDKK 16.4b8.8x9.9x2.5x
Mon, 29 Nov 2021DKK 159.5bDKK 64.5bDKK 16.4b8.7x9.7x2.5x
Price to Earnings Ratio

9.7x


Total Market Cap: DKK 159.5bTotal 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 Market-0.95%
Financials1.74%
Banks1.62%
Diversified Banks1.88%
Regional Banks0.64%
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 19.2% per year.
  • Investors are most pessimistic about the Diversified Banks industry, which is trading below its 3-year average of 34.7x.
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 19% 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
JYSK Jyske BankDKK 495.401.1%
+DKK 319.8m		4.8%PB0.6x
SPNO Spar Nord BankDKK 136.600.6%
+DKK 91.8m		31.5%PB1.2x
SYDB SydbankDKK 356.400.5%
+DKK 59.3m		19.4%PB1.2x
LOLB Lollands BankDKK 565.002.7%
+DKK 16.2m		2.7%PB0.7x
GRLA GrønlandsBANKENDKK 685.000.7%
+DKK 9.0m		11.4%PB0.8x
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Latest News

VJBA

DKK 4.12

Vestjysk Bank

7D

-1.2%

1Y

4.0%

DANSKE

DKK 203.80

Danske Bank

7D

-0.5%

1Y

15.7%

NRDF

DKK 328.00

Nordfyns Bank

7D

-2.4%

1Y

22.4%

LOLB

DKK 565.00

Lollands Bank

7D

2.7%

1Y

2.7%

SPKSJF

DKK 210.50

Sparekassen Sjælland-Fyn

7D

-1.2%

1Y

6.1%

FOBANK

DKK 160.00

Føroya Banki

7D

-2.4%

1Y

-1.2%

DJUR

DKK 515.00

Djurslands Bank

7D

-1.0%

1Y

12.9%

GRLA

DKK 685.00

GrønlandsBANKEN

7D

0.7%

1Y

11.4%

SPNO

DKK 136.60

Spar Nord Bank

7D

0.6%

1Y

31.5%

SYDB

DKK 356.40

Sydbank

7D

0.5%

1Y

19.4%

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 495.40

Jyske Bank

7D

1.1%

1Y

4.8%

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 1,157.00

Ringkjøbing Landbobank

7D

-1.0%

1Y

22.1%

DAB

DKK 12.80

Danske Andelskassers Bank

7D

-0.8%

1Y

23.1%

MNBA

DKK 222.00

Møns Bank

7D

1.8%

1Y

7.8%