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Danish (OMX) Banks Industry Analysis

UpdatedMar 25, 2026
DataAggregated Company Financials
Companies16
  • 7D-2.9%
  • 3M-2.2%
  • 1Y29.2%
  • YTD-3.7%

Over the last 7 days, the Banks industry has dropped 2.9%, driven by a pullback from Danske Bank of 2.7%. This takes the industry's 12 month performance to a gain of 29%. Looking forward, earnings are forecast to grow by 4.0% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 26 Mar 2026DKK 410.7bDKK 91.7bDKK 34.9b10.7x11.8x4.5x
Sat, 21 Feb 2026DKK 433.6bDKK 90.1bDKK 35.3b11.7x12.3x4.8x
Mon, 19 Jan 2026DKK 419.3bDKK 89.1bDKK 34.8b12.3x12x4.7x
Wed, 17 Dec 2025DKK 392.0bDKK 89.1bDKK 34.8b10.2x11.3x4.4x
Fri, 14 Nov 2025DKK 392.4bDKK 91.4bDKK 35.7b9.9x11x4.3x
Sun, 12 Oct 2025DKK 365.8bDKK 92.1bDKK 36.5b9x10x4x
Tue, 09 Sep 2025DKK 347.0bDKK 92.1bDKK 36.5b9x9.5x3.8x
Thu, 07 Aug 2025DKK 306.1bDKK 78.3bDKK 31.8b9x9.6x3.9x
Sat, 05 Jul 2025DKK 298.8bDKK 78.7bDKK 32.2b8.1x9.3x3.8x
Mon, 02 Jun 2025DKK 290.9bDKK 78.8bDKK 32.2b7.7x9x3.7x
Wed, 30 Apr 2025DKK 323.2bDKK 98.8bDKK 39.6b6.9x8.2x3.3x
Fri, 28 Mar 2025DKK 338.3bDKK 98.8bDKK 39.7b7.2x8.5x3.4x
Sun, 23 Feb 2025DKK 332.7bDKK 100.0bDKK 40.9b6.6x8.1x3.3x
Tue, 21 Jan 2025DKK 307.9bDKK 103.1bDKK 41.2b6.1x7.5x3x
Thu, 19 Dec 2024DKK 301.3bDKK 103.1bDKK 41.2b5.6x7.3x2.9x
Sat, 16 Nov 2024DKK 289.3bDKK 102.9bDKK 41.0b5.6x7x2.8x
Mon, 14 Oct 2024DKK 251.0bDKK 86.7bDKK 34.8b5.5x7.2x2.9x
Wed, 11 Sep 2024DKK 254.9bDKK 86.7bDKK 34.8b5.5x7.3x2.9x
Fri, 09 Aug 2024DKK 252.2bDKK 86.5bDKK 34.9b5.4x7.2x2.9x
Sun, 07 Jul 2024DKK 263.1bDKK 84.5bDKK 34.0b5.6x7.7x3.1x
Tue, 04 Jun 2024DKK 272.1bDKK 84.5bDKK 34.0b5.7x8x3.2x
Thu, 02 May 2024DKK 262.3bDKK 83.5bDKK 33.3b5.8x7.9x3.1x
Sat, 30 Mar 2024DKK 265.9bDKK 83.1bDKK 33.0b5.8x8.1x3.2x
Mon, 26 Feb 2024DKK 253.1bDKK 82.7bDKK 32.7b6.2x7.7x3.1x
Wed, 24 Jan 2024DKK 239.2bDKK 80.5bDKK 30.7b6.4x7.8x3x
Fri, 22 Dec 2023DKK 227.1bDKK 80.5bDKK 30.7b5.7x7.4x2.8x
Sun, 19 Nov 2023DKK 228.9bDKK 80.4bDKK 30.6b6.3x7.5x2.8x
Tue, 17 Oct 2023DKK 222.6bDKK 75.2bDKK 10.1b7.8x22x3x
Thu, 14 Sep 2023DKK 212.3bDKK 75.2bDKK 10.1b6.9x21x2.8x
Sat, 12 Aug 2023DKK 220.6bDKK 73.2bDKK 8.8b8.8x25.2x3x
Mon, 10 Jul 2023DKK 219.3bDKK 69.4bDKK 5.3b8.2x41.5x3.2x
Wed, 07 Jun 2023DKK 204.7bDKK 69.3bDKK 5.2b8x39x3x
Fri, 05 May 2023DKK 189.7bDKK 68.2bDKK 4.6b9x41.6x2.8x
Sun, 02 Apr 2023DKK 77.6bDKK 20.0bDKK 6.8b10x11.4x3.9x
Price to Earnings Ratio

11.4x


Total Market Cap: DKK 77.6bTotal 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-4.18%
Financials-3.06%
Banks-2.90%
Regional Banks-0.82%
Diversified Banks-3.19%
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
SKJE Skjern BankDKK 287.003.4%
+DKK 90.1m		40.7%PB1.4x
DAB Danske Andelskassers BankDKK 18.501.9%
+DKK 78.0m		25.4%PB1.4x
FOBANK Føroya BankiDKK 272.002.3%
+DKK 57.4m		33.3%PB1.3x
SJF SJF BankDKK 309.500.8%
+DKK 40.6m		9.6%PB1x
RILBA Ringkjøbing LandbobankDKK 1.51k0.07%
+DKK 24.1m		18.5%PB3.1x

Latest News

FOBANK
DKK 272.00
Føroya Banki
7D
2.3%
1Y
33.3%
DANSKE
DKK 318.00
Danske Bank
7D
-3.2%
1Y
32.3%

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 510.50
AL Sydbank
7D
-3.0%
1Y
14.7%
DAB
DKK 18.50
Danske Andelskassers Bank
7D
1.9%
1Y
25.4%
LOLB
DKK 895.00
Lollands Bank
7D
0.6%
1Y
26.1%
GRLA
DKK 980.00
GrønlandsBANKEN
7D
0.5%
1Y
14.0%
JYSK
DKK 863.00
Jyske Bank
7D
-1.1%
1Y
51.0%

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).
FYNBK
DKK 190.00
Fynske Bank
7D
-2.1%
1Y
23.4%
KRE
DKK 8,200.00
Kreditbanken
7D
-2.4%
1Y
23.3%
DJUR
DKK 894.00
Djurslands Bank
7D
-3.7%
1Y
39.7%
RILBA
DKK 1,509.00
Ringkjøbing Landbobank
7D
0.07%
1Y
18.5%
SJF
DKK 309.50
SJF Bank
7D
0.8%
1Y
9.6%
SKJE
DKK 287.00
Skjern Bank
7D
3.4%
1Y
40.7%
LASP
DKK 1,170.00
Lån & Spar Bank
7D
-1.7%
1Y
48.1%
HVID
DKK 189.00
Hvidbjerg Bank
7D
-2.6%
1Y
41.0%