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Danish (OMX) Banks Industry Analysis

UpdatedDec 05, 2023
DataAggregated Company Financials
Companies19
  • 7D0.4%
  • 3M7.3%
  • 1Y26.4%
  • YTD17.7%

In the last week, Banks has been flat. The past year has been better, since the industry has gained 27% in that time. Looking forward, earnings are expected to remain mostly flat in the next few years.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 05 Dec 2023kr.229.0bkr.80.4bkr.30.6b6.1x7.5x2.8x
Thu, 02 Nov 2023kr.219.2bkr.78.6bkr.29.4b7.3x7.5x2.8x
Sat, 30 Sep 2023kr.222.5bkr.75.2bkr.10.1b7.2x22x3x
Mon, 28 Aug 2023kr.212.5bkr.75.0bkr.10.0b7.3x21.2x2.8x
Wed, 26 Jul 2023kr.218.1bkr.72.7bkr.8.6b8.8x25.4x3x
Fri, 23 Jun 2023kr.218.4bkr.69.4bkr.5.3b8.3x41.3x3.1x
Sun, 21 May 2023kr.195.3bkr.69.1bkr.5.1b8.2x38.3x2.8x
Tue, 18 Apr 2023kr.79.8bkr.20.0bkr.6.8b9.9x11.7x4x
Thu, 16 Mar 2023kr.77.8bkr.19.9bkr.6.8b9.9x11.5x3.9x
Sat, 11 Feb 2023kr.82.0bkr.19.5bkr.6.2b10.9x13.2x4.2x
Mon, 09 Jan 2023kr.78.8bkr.19.6bkr.6.0b10.9x13.2x4x
Wed, 07 Dec 2022kr.70.3bkr.19.6bkr.6.0b10.2x11.7x3.6x
Fri, 04 Nov 2022kr.65.5bkr.19.6bkr.6.0b9.2x10.9x3.4x
Sun, 02 Oct 2022kr.143.1bkr.65.0bkr.17.2b9.1x8.3x2.2x
Tue, 30 Aug 2022kr.144.4bkr.65.2bkr.17.3b9.1x8.3x2.2x
Thu, 28 Jul 2022kr.146.3bkr.65.6bkr.17.8b7.7x8.2x2.2x
Sat, 25 Jun 2022kr.155.1bkr.67.4bkr.18.7b7.5x8.3x2.3x
Mon, 23 May 2022kr.155.9bkr.67.4bkr.18.7b7.9x8.3x2.3x
Wed, 20 Apr 2022kr.163.7bkr.67.3bkr.19.3b8.3x8.5x2.4x
Fri, 18 Mar 2022kr.165.6bkr.67.2bkr.19.2b8.5x8.6x2.5x
Sun, 13 Feb 2022kr.184.6bkr.66.1bkr.18.8b9.1x9.8x2.8x
Tue, 11 Jan 2022kr.171.6bkr.64.5bkr.16.4b9.1x10.4x2.7x
Thu, 09 Dec 2021kr.164.3bkr.64.5bkr.16.4b8.9x10x2.5x
Sat, 06 Nov 2021kr.163.1bkr.65.1bkr.16.6b9.4x9.8x2.5x
Mon, 04 Oct 2021kr.153.5bkr.63.6bkr.15.3b8.8x10.1x2.4x
Wed, 01 Sep 2021kr.151.1bkr.62.6bkr.14.9b9x10.1x2.4x
Thu, 08 Jul 2021kr.151.5bkr.62.6bkr.14.9b9.1x10.1x2.4x
Wed, 31 Mar 2021kr.155.0bkr.61.3bkr.13.9b8.9x11.1x2.5x
Sat, 02 Jan 2021kr.45.0bkr.14.8bkr.3.8b10.2x11.9x3x
Price to Earnings Ratio

11.9x


Total Market Cap: kr.45.0bTotal Earnings: kr.3.8bTotal Revenue: kr.14.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Danish Banks Industry Price to Earnings3Y Average 14.7x20222023
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 7.4x which is lower than its 3-year average PE of 14.7x.
  • The industry is trading close to its 3-year average PS ratio of 2.8x.
Past Earnings Growth
  • The earnings for companies in the Banks industry have grown 40% per year over the last three years.
  • Revenues for these companies have grown 14% 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-0.76%
Financials0.55%
Banks0.45%
Diversified Banks0.47%
Regional Banks0.38%
Industry PE
  • Investors are most optimistic about the Regional Banks industry even though it's trading below its 3-year average PE ratio of 11.2x.
    • Analysts are expecting annual earnings decline of 1.7%, which is lower than the prior year's growth of 94.8% per year.
  • Investors are most pessimistic about the Diversified Banks industry, which is trading below its 3-year average of 36.3x.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 0.02% over the next 5 years.
  • In contrast, the Regional Banks industry is expected to see its earnings growth to stay flat 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.178.300.7%
+kr.1.0b		38.4%PB0.9x
SPNO Spar Nord Bankkr.105.001.5%
+kr.182.2m		0.8%PB0.9x
VJBA Vestjysk Bankkr.3.992.3%
+kr.111.0m		27.5%PB0.7x
LOLB Lollands Bankkr.565.002.7%
+kr.16.2m		2.7%PB0.8x
KRE Kreditbankenkr.4.50k1.8%
+kr.13.5m		10.8%PB0.8x
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Latest News

JYSK

kr.473.40

Jyske Bank

7D

-0.1%

1Y

6.7%

BNORDIK CSE

kr.160.50

P/F BankNordik

7D

-1.2%

1Y

27.4%

MNBA

kr.205.00

Møns Bank

7D

-1.4%

1Y

0.5%

LOLB

kr.565.00

Lollands Bank

7D

2.7%

1Y

2.7%

SPNO

kr.105.00

Spar Nord Bank

7D

1.5%

1Y

0.8%

VJBA

kr.3.99

Vestjysk Bank

7D

2.3%

1Y

27.5%

SPKSJF

kr.196.80

Sparekassen Sjælland-Fyn

7D

-1.6%

1Y

6.1%

SYDB

kr.296.00

Sydbank

7D

-0.8%

1Y

11.7%

DANSKE

kr.178.30

Danske Bank

7D

0.7%

1Y

38.4%

SKJE

kr.151.00

Skjern Bank

7D

-2.9%

1Y

28.5%

RILBA

kr.941.00

Ringkjøbing Landbobank

7D

-0.3%

1Y

2.5%

FYNBK

kr.150.00

Fynske Bank

7D

-1.3%

1Y

17.2%

KRE

kr.4,500.00

Kreditbanken

7D

1.8%

1Y

10.8%