Narrative Update • Aug 11

Over the last 7 days, the Banks industry has dropped 1.3%, driven by a pullback from Danske Bank of 1.5%. Over the past 12 months, the industry was up 34%. Earnings are forecast to grow by 4.7% annually.
Has the Danish Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 14 Aug 2026 | DKK 484.7b | DKK 93.7b | DKK 35.5b | 12.2x | 13.7x | 5.2x |
| Sun, 12 Jul 2026 | DKK 475.0b | DKK 92.6b | DKK 34.7b | 11.5x | 13.7x | 5.1x |
| Tue, 09 Jun 2026 | DKK 425.5b | DKK 92.6b | DKK 34.7b | 11x | 12.3x | 4.6x |
| Thu, 07 May 2026 | DKK 419.1b | DKK 91.5b | DKK 34.6b | 10.6x | 12.1x | 4.6x |
| Sat, 04 Apr 2026 | DKK 422.6b | DKK 91.7b | DKK 34.9b | 11x | 12.1x | 4.6x |
| Mon, 02 Mar 2026 | DKK 441.6b | DKK 91.7b | DKK 35.0b | 11.6x | 12.6x | 4.8x |
| Wed, 28 Jan 2026 | DKK 417.7b | DKK 89.1b | DKK 34.8b | 12.3x | 12x | 4.7x |
| Fri, 26 Dec 2025 | DKK 403.1b | DKK 89.1b | DKK 34.8b | 10.7x | 11.6x | 4.5x |
| Sun, 23 Nov 2025 | DKK 377.1b | DKK 91.4b | DKK 35.7b | 10.1x | 10.6x | 4.1x |
| Tue, 21 Oct 2025 | DKK 360.9b | DKK 92.1b | DKK 36.5b | 9.1x | 9.9x | 3.9x |
| Thu, 18 Sep 2025 | DKK 351.8b | DKK 92.1b | DKK 36.5b | 8.9x | 9.6x | 3.8x |
| Sat, 16 Aug 2025 | DKK 317.3b | DKK 78.3b | DKK 31.8b | 8.7x | 10x | 4.1x |
| Mon, 14 Jul 2025 | DKK 303.2b | DKK 78.7b | DKK 32.2b | 8.5x | 9.4x | 3.9x |
| Wed, 11 Jun 2025 | DKK 297.2b | DKK 78.8b | DKK 32.2b | 8.2x | 9.2x | 3.8x |
| Fri, 09 May 2025 | DKK 337.1b | DKK 98.5b | DKK 39.4b | 7.1x | 8.6x | 3.4x |
| Sun, 06 Apr 2025 | DKK 286.2b | DKK 98.8b | DKK 39.7b | 6.6x | 7.2x | 2.9x |
| Tue, 04 Mar 2025 | DKK 343.2b | DKK 98.8b | DKK 39.7b | 7.5x | 8.6x | 3.5x |
| Thu, 30 Jan 2025 | DKK 314.9b | DKK 103.0b | DKK 41.1b | 6x | 7.7x | 3.1x |
| Sat, 28 Dec 2024 | DKK 302.4b | DKK 103.1b | DKK 41.2b | 6x | 7.3x | 2.9x |
| Mon, 25 Nov 2024 | DKK 286.1b | DKK 103.1b | DKK 41.2b | 5.5x | 7x | 2.8x |
| Wed, 23 Oct 2024 | DKK 252.3b | DKK 86.7b | DKK 34.8b | 5.5x | 7.2x | 2.9x |
| Fri, 20 Sep 2024 | DKK 259.0b | DKK 86.7b | DKK 34.8b | 5.5x | 7.4x | 3x |
| Sun, 18 Aug 2024 | DKK 260.2b | DKK 86.6b | DKK 35.0b | 5.6x | 7.4x | 3x |
| Tue, 16 Jul 2024 | DKK 259.9b | DKK 84.5b | DKK 34.1b | 5.6x | 7.6x | 3.1x |
| Thu, 13 Jun 2024 | DKK 262.8b | DKK 84.5b | DKK 34.0b | 5.6x | 7.7x | 3.1x |
| Sat, 11 May 2024 | DKK 252.3b | DKK 84.4b | DKK 33.9b | 5.8x | 7.4x | 3x |
| Mon, 08 Apr 2024 | DKK 270.1b | DKK 83.1b | DKK 33.0b | 6x | 8.2x | 3.3x |
| Wed, 06 Mar 2024 | DKK 265.4b | DKK 83.1b | DKK 33.0b | 6.1x | 8x | 3.2x |
| Fri, 02 Feb 2024 | DKK 243.9b | DKK 80.8b | DKK 30.8b | 6.6x | 7.9x | 3x |
| Sun, 31 Dec 2023 | DKK 232.0b | DKK 80.5b | DKK 30.7b | 5.8x | 7.6x | 2.9x |
| Tue, 28 Nov 2023 | DKK 228.1b | DKK 80.4b | DKK 30.6b | 6.2x | 7.5x | 2.8x |
| Thu, 26 Oct 2023 | DKK 208.6b | DKK 75.2b | DKK 10.1b | 7.3x | 20.6x | 2.8x |
| Sat, 23 Sep 2023 | DKK 223.7b | DKK 75.2b | DKK 10.1b | 7.4x | 22.1x | 3x |
| Mon, 21 Aug 2023 | DKK 217.8b | DKK 74.2b | DKK 9.4b | 7.7x | 23.1x | 2.9x |
23.1x
Which industries have driven the changes within the Danish Financials industry?
| DK Market | 2.31% | |
| Financials | -1.23% | |
| Banks | -1.28% | |
| Regional Banks | -0.65% | |
| Diversified Banks | -1.37% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| DAB Danske Andelskassers Bank | DKK 15.65 | 2.6% +DKK 89.2m | 5.0% | PB1.2x | |
| GRLA GrønlandsBANKEN | DKK 1.06k | 1.4% +DKK 27.0m | 24.0% | PB1.3x | |
| MNBA Møns Bank | DKK 396.00 | 3.4% +DKK 26.0m | 20.0% | PB1.1x | |
| KRE Kreditbanken | DKK 9.70k | 1.6% +DKK 25.2m | 32.9% | PB1.4x | |
| LASP Lån & Spar Bank | DKK 1.39k | 0.4% +DKK 17.3m | 61.6% | PB1.3x |