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Danish (OMX) Banks Industry Analysis

UpdatedJun 29, 2026
DataAggregated Company Financials
Companies16
  • 7D-1.7%
  • 3M11.2%
  • 1Y30.5%
  • YTD5.2%

Over the last 7 days, the Banks industry has dropped 1.7%, driven by a pullback from Danske Bank of 3.1%. In the past year, the industry has gained 31%. Earnings are forecast to grow by 4.7% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 29 Jun 2026DKK 446.1bDKK 92.6bDKK 34.7b11.3x12.9x4.8x
Wed, 27 May 2026DKK 436.2bDKK 92.6bDKK 34.7b11.5x12.6x4.7x
Fri, 24 Apr 2026DKK 423.6bDKK 91.7bDKK 34.9b10.6x12.1x4.6x
Sun, 22 Mar 2026DKK 407.1bDKK 91.7bDKK 34.9b10.4x11.7x4.4x
Tue, 17 Feb 2026DKK 423.4bDKK 90.1bDKK 35.4b11.6x12x4.7x
Thu, 15 Jan 2026DKK 420.0bDKK 89.1bDKK 34.8b12.1x12.1x4.7x
Sat, 13 Dec 2025DKK 388.0bDKK 89.1bDKK 34.8b10.1x11.1x4.4x
Mon, 10 Nov 2025DKK 380.4bDKK 91.4bDKK 35.7b9.6x10.7x4.2x
Wed, 08 Oct 2025DKK 354.7bDKK 92.1bDKK 36.5b8.8x9.7x3.9x
Fri, 05 Sep 2025DKK 349.4bDKK 92.0bDKK 36.5b9x9.6x3.8x
Sun, 03 Aug 2025DKK 298.9bDKK 78.3bDKK 31.8b8.6x9.4x3.8x
Tue, 01 Jul 2025DKK 299.6bDKK 78.7bDKK 32.2b8.1x9.3x3.8x
Thu, 29 May 2025DKK 290.9bDKK 78.8bDKK 32.2b7.7x9x3.7x
Sat, 26 Apr 2025DKK 317.3bDKK 98.8bDKK 39.6b6.9x8x3.2x
Mon, 24 Mar 2025DKK 333.1bDKK 98.8bDKK 39.7b7.4x8.4x3.4x
Wed, 19 Feb 2025DKK 333.3bDKK 100.0bDKK 40.9b6.6x8.1x3.3x
Fri, 17 Jan 2025DKK 309.7bDKK 103.1bDKK 41.2b6x7.5x3x
Sun, 15 Dec 2024DKK 301.9bDKK 103.1bDKK 41.2b5.7x7.3x2.9x
Tue, 12 Nov 2024DKK 290.7bDKK 102.9bDKK 41.0b5.6x7.1x2.8x
Thu, 10 Oct 2024DKK 246.9bDKK 86.7bDKK 34.8b5.5x7.1x2.8x
Sat, 07 Sep 2024DKK 258.4bDKK 86.7bDKK 34.9b5.5x7.4x3x
Mon, 05 Aug 2024DKK 255.6bDKK 86.4bDKK 34.9b5.5x7.3x3x
Wed, 03 Jul 2024DKK 268.6bDKK 84.5bDKK 34.0b5.7x7.9x3.2x
Fri, 31 May 2024DKK 268.5bDKK 84.5bDKK 34.0b5.7x7.9x3.2x
Sun, 28 Apr 2024DKK 261.4bDKK 83.3bDKK 33.2b5.8x7.9x3.1x
Tue, 26 Mar 2024DKK 263.9bDKK 83.1bDKK 33.0b5.8x8x3.2x
Thu, 22 Feb 2024DKK 252.6bDKK 82.5bDKK 32.6b6.6x7.7x3.1x
Sat, 20 Jan 2024DKK 236.8bDKK 80.5bDKK 30.7b6.3x7.7x2.9x
Mon, 18 Dec 2023DKK 230.4bDKK 80.5bDKK 30.7b5.9x7.5x2.9x
Wed, 15 Nov 2023DKK 221.8bDKK 80.2bDKK 30.4b6.6x7.3x2.8x
Fri, 13 Oct 2023DKK 225.0bDKK 75.2bDKK 10.1b7.8x22.3x3x
Sun, 10 Sep 2023DKK 210.8bDKK 75.2bDKK 10.1b7.1x20.9x2.8x
Tue, 08 Aug 2023DKK 221.8bDKK 73.1bDKK 8.7b8.8x25.5x3x
Thu, 06 Jul 2023DKK 221.5bDKK 69.4bDKK 5.3b8.1x41.9x3.2x
Price to Earnings Ratio

41.9x


Total Market Cap: DKK 221.5bTotal Earnings: DKK 5.3bTotal Revenue: DKK 69.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Danish Banks Industry Price to Earnings3Y Average 10.9x202420252026
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 12.9x which is higher than its 3-year average PE of 10.9x.
  • The 3-year average PS ratio of 3.5x is lower than the industry's current PS ratio of 4.8x.
Past Earnings Growth
  • The earnings for companies in the Banks industry have grown 87% per year over the last three years.
  • Revenues for these companies have grown 10% 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 Market2.91%
Financials-1.30%
Banks-1.69%
Regional Banks-1.51%
Diversified Banks-1.72%
Industry PE
  • Investors are most optimistic about the Regional Banks industry which is trading above its 3-year average PE ratio of 10.6x.
    • Analysts are expecting annual earnings growth of 5.8%, which is higher than its past year's earnings decline of 14.9% per year.
  • Investors are most pessimistic about the Diversified Banks industry, which is trading below its 3-year average of 21.9x.
Forecasted Growth
  • Analysts are most optimistic on the Regional Banks industry, expecting annual earnings growth of 5.8% over the next 5 years.
  • This is better than its past earnings decline of 15% per year.
  • In contrast, the Diversified Banks industry is expected to see its earnings grow by 4.6% 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
ALSYDB AL SydbankDKK 566.500.5%
+DKK 255.0m		20.6%PB1.3x
HVID Hvidbjerg BankDKK 179.500.8%
+DKK 2.5m		12.2%PB0.9x
LOLB Lollands BankDKK 872.000.2%
+DKK 2.2m		28.2%PB1x

Latest News

ALSYDB
DKK 566.50
AL Sydbank
7D
0.5%
1Y
20.6%
JYSK
DKK 935.00
Jyske Bank
7D
-2.6%
1Y
45.9%
Narrative Update • Jun 16

JYSK: Share Repurchases And Capital Changes Will Steady Future Share Price

Analysts have nudged their price target for Jyske Bank slightly higher, with fair value moving from DKK 946.00 to DKK 950.00, citing small refinements to the discount rate, revenue growth, profit margin and future P/E assumptions. What’s in the News for Jyske Bank Jyske Bank is progressing with its 2026 share repurchase programme, which runs from 5 February 2026 to 29 January 2027 and targets up to DKK 3b in share buybacks, according to recent disclosures.
DANSKE
DKK 344.70
Danske Bank
7D
-3.1%
1Y
33.4%
Narrative Update • Jun 16

DANSKE: Future Share Returns Will Hinge On Delivering Capital Returns

Danske Bank's analyst price target has moved higher to DKK 368. The change is supported by analysts citing updated expectations around revenue growth, profitability and valuation multiples reflected in the refreshed fair value estimate.
LOLB
DKK 872.00
Lollands Bank
7D
0.2%
1Y
28.2%
RILBA
DKK 1,543.00
Ringkjøbing Landbobank
7D
-2.1%
1Y
11.2%
HVID
DKK 179.50
Hvidbjerg Bank
7D
0.8%
1Y
12.2%
GRLA
DKK 1,005.00
GrønlandsBANKEN
7D
-2.0%
1Y
29.7%
SJF
DKK 366.00
SJF Bank
7D
-0.9%
1Y
20.8%
SKJE
DKK 324.50
Skjern Bank
7D
-3.1%
1Y
57.5%
FOBANK
DKK 254.00
Føroya Banki
7D
-2.7%
1Y
35.1%
DJUR
DKK 966.00
Djurslands Bank
7D
-3.2%
1Y
50.0%