Danish (OMX) Regional Banks Industry Analysis
UpdatedDec 05, 2023
DataAggregated Company Financials
Companies14
- 7D0.4%
- 3M-2.5%
- 1Y6.5%
- YTD3.2%
The Regional Banks industry has stayed flat over the last week. The past year has been better, since the industry has gained 10% in that time. Looking forward, earnings are forecast to decline by 1.6% per year.
Industry Valuation and Performance
Has the Danish Regional Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 05 Dec 2023 | kr.52.4b | kr.15.5b | kr.6.8b | 6.1x | 7.7x | 3.4x |
| Thu, 02 Nov 2023 | kr.52.9b | kr.14.6b | kr.6.2b | 7.3x | 8.5x | 3.6x |
| Sat, 30 Sep 2023 | kr.55.3b | kr.14.2b | kr.5.9b | 7.2x | 9.3x | 3.9x |
| Mon, 28 Aug 2023 | kr.53.5b | kr.14.2b | kr.5.9b | 7.3x | 9x | 3.8x |
| Wed, 26 Jul 2023 | kr.53.2b | kr.12.7b | kr.4.9b | 9.1x | 10.8x | 4.2x |
| Fri, 23 Jun 2023 | kr.54.3b | kr.12.7b | kr.4.9b | 8.9x | 11x | 4.3x |
| Sun, 21 May 2023 | kr.51.4b | kr.12.5b | kr.4.7b | 8.9x | 10.8x | 4.1x |
| Tue, 18 Apr 2023 | kr.55.0b | kr.11.6b | kr.4.2b | 10.4x | 13x | 4.7x |
| Thu, 16 Mar 2023 | kr.52.7b | kr.11.6b | kr.4.2b | 10.4x | 12.5x | 4.5x |
| Sat, 11 Feb 2023 | kr.56.2b | kr.11.2b | kr.3.9b | 11.2x | 14.4x | 5x |
| Mon, 09 Jan 2023 | kr.53.5b | kr.11.4b | kr.3.7b | 10.9x | 14.4x | 4.7x |
| Wed, 07 Dec 2022 | kr.48.8b | kr.11.4b | kr.3.8b | 10.5x | 13x | 4.3x |
| Fri, 04 Nov 2022 | kr.45.9b | kr.11.4b | kr.3.8b | 9.5x | 12x | 4x |
| Sun, 02 Oct 2022 | kr.44.5b | kr.11.3b | kr.3.8b | 9.3x | 11.7x | 3.9x |
| Tue, 30 Aug 2022 | kr.44.0b | kr.11.5b | kr.3.9b | 9.6x | 11.3x | 3.8x |
| Thu, 28 Jul 2022 | kr.43.5b | kr.11.8b | kr.4.2b | 8x | 10.3x | 3.7x |
| Sat, 25 Jun 2022 | kr.44.1b | kr.11.8b | kr.4.2b | 7.8x | 10.5x | 3.7x |
| Mon, 23 May 2022 | kr.44.3b | kr.11.8b | kr.4.2b | 8.1x | 10.6x | 3.8x |
| Wed, 20 Apr 2022 | kr.47.2b | kr.11.7b | kr.4.6b | 8.3x | 10.3x | 4x |
| Fri, 18 Mar 2022 | kr.47.1b | kr.11.7b | kr.4.6b | 8.5x | 10.3x | 4x |
| Sun, 13 Feb 2022 | kr.49.6b | kr.11.0b | kr.4.4b | 9x | 11.2x | 4.5x |
| Tue, 11 Jan 2022 | kr.50.1b | kr.10.8b | kr.4.2b | 8.8x | 11.8x | 4.6x |
| Thu, 09 Dec 2021 | kr.48.3b | kr.10.8b | kr.4.2b | 8.7x | 11.4x | 4.5x |
| Sat, 06 Nov 2021 | kr.49.9b | kr.11.5b | kr.4.4b | 9.3x | 11.2x | 4.4x |
| Mon, 04 Oct 2021 | kr.45.8b | kr.11.4b | kr.4.4b | 8.8x | 10.4x | 4x |
| Wed, 01 Sep 2021 | kr.43.6b | kr.10.4b | kr.4.1b | 8.9x | 10.7x | 4.2x |
| Thu, 08 Jul 2021 | kr.39.7b | kr.10.4b | kr.4.1b | 8.8x | 9.7x | 3.8x |
| Wed, 31 Mar 2021 | kr.38.3b | kr.9.7b | kr.3.7b | 8.8x | 10.4x | 4x |
| Sat, 02 Jan 2021 | kr.32.3b | kr.8.6b | kr.2.5b | 9.9x | 12.8x | 3.7x |
Price to Earnings Ratio
12.8x
Current Industry PE
- Investors are pessimistic on the Danish Regional 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 7.7x which is lower than its 3-year average PE of 11.3x.
- The 3-year average PS ratio of 4.1x is higher than the industry's current PS ratio of 3.4x.
Past Earnings Growth
- The earnings for companies in the Regional Banks industry have grown 41% per year over the last three years.
- Revenues for these companies have grown 23% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Danish Regional Banks compare with similar industries?
| DK Market | -0.76% | |
| Financials | 0.55% | |
| Banks | 0.45% | |
| Regional Banks | 0.38% | |
| Diversified Banks | 0.47% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SPNO Spar Nord Bank | kr.105.00 | 1.5% +kr.182.2m | 0.8% | PB0.9x | |
| VJBA Vestjysk Bank | kr.3.99 | 2.3% +kr.111.0m | 27.5% | PB0.7x | |
| LOLB Lollands Bank | kr.565.00 | 2.7% +kr.16.2m | 2.7% | PB0.8x | |
| KRE Kreditbanken | kr.4.50k | 1.8% +kr.13.5m | 10.8% | PB0.8x |