Analysis Article • Jul 21
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Danish (OMX) Banks Industry Analysis
UpdatedJul 27, 2026
DataAggregated Company Financials
Companies16
- 7D-1.9%
- 3M11.3%
- 1Y36.1%
- YTD10.6%
Over the last 7 days, the Banks industry has dropped 1.9%, driven by a pullback from Danske Bank of 3.0%. Over the past 12 months, the industry was up 36%. Earnings are forecast to grow by 4.5% annually.
Industry Valuation and Performance
Has the Danish Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 27 Jul 2026 | DKK 467.7b | DKK 93.7b | DKK 35.5b | 11.7x | 13.2x | 5x |
| Wed, 24 Jun 2026 | DKK 451.8b | DKK 92.6b | DKK 34.7b | 11.2x | 13x | 4.9x |
| Fri, 22 May 2026 | DKK 434.1b | DKK 92.6b | DKK 34.8b | 11x | 12.5x | 4.7x |
| Sun, 19 Apr 2026 | DKK 440.7b | DKK 91.7b | DKK 34.9b | 10.9x | 12.6x | 4.8x |
| Tue, 17 Mar 2026 | DKK 416.1b | DKK 91.7b | DKK 34.9b | 10.8x | 11.9x | 4.5x |
| Thu, 12 Feb 2026 | DKK 431.3b | DKK 90.1b | DKK 35.4b | 11.9x | 12.2x | 4.8x |
| Sat, 10 Jan 2026 | DKK 403.9b | DKK 89.1b | DKK 34.8b | 11.8x | 11.6x | 4.5x |
| Mon, 08 Dec 2025 | DKK 395.4b | DKK 91.0b | DKK 35.6b | 10x | 11.1x | 4.3x |
| Wed, 05 Nov 2025 | DKK 383.3b | DKK 91.3b | DKK 35.8b | 9.7x | 10.7x | 4.2x |
| Fri, 03 Oct 2025 | DKK 351.9b | DKK 92.1b | DKK 36.5b | 8.7x | 9.6x | 3.8x |
| Sun, 31 Aug 2025 | DKK 348.2b | DKK 92.1b | DKK 36.5b | 9x | 9.5x | 3.8x |
| Tue, 29 Jul 2025 | DKK 303.0b | DKK 78.3b | DKK 31.8b | 8.9x | 9.5x | 3.9x |
| Thu, 26 Jun 2025 | DKK 296.8b | DKK 78.7b | DKK 32.2b | 8.1x | 9.2x | 3.8x |
| Sat, 24 May 2025 | DKK 293.3b | DKK 78.8b | DKK 32.2b | 7.6x | 9.1x | 3.7x |
| Mon, 21 Apr 2025 | DKK 310.3b | DKK 98.8b | DKK 39.7b | 6.9x | 7.8x | 3.1x |
| Wed, 19 Mar 2025 | DKK 344.2b | DKK 98.8b | DKK 39.7b | 7.4x | 8.7x | 3.5x |
| Fri, 14 Feb 2025 | DKK 324.7b | DKK 100.0b | DKK 41.0b | 6.5x | 7.9x | 3.2x |
| Sun, 12 Jan 2025 | DKK 304.4b | DKK 103.1b | DKK 41.2b | 6.1x | 7.4x | 3x |
| Tue, 10 Dec 2024 | DKK 288.6b | DKK 103.1b | DKK 41.2b | 5.5x | 7x | 2.8x |
| Thu, 07 Nov 2024 | DKK 291.1b | DKK 102.9b | DKK 41.0b | 5.5x | 7.1x | 2.8x |
| Sat, 05 Oct 2024 | DKK 241.8b | DKK 86.7b | DKK 34.8b | 5.5x | 6.9x | 2.8x |
| Mon, 02 Sep 2024 | DKK 263.0b | DKK 86.7b | DKK 34.9b | 5.5x | 7.5x | 3x |
| Wed, 31 Jul 2024 | DKK 272.2b | DKK 86.4b | DKK 34.9b | 5.6x | 7.8x | 3.1x |
| Fri, 28 Jun 2024 | DKK 264.3b | DKK 84.5b | DKK 34.0b | 5.7x | 7.8x | 3.1x |
| Sun, 26 May 2024 | DKK 261.4b | DKK 84.5b | DKK 34.0b | 5.6x | 7.7x | 3.1x |
| Tue, 23 Apr 2024 | DKK 263.6b | DKK 83.1b | DKK 33.0b | 5.9x | 8x | 3.2x |
| Thu, 21 Mar 2024 | DKK 267.0b | DKK 83.1b | DKK 33.0b | 6x | 8.1x | 3.2x |
| Sat, 17 Feb 2024 | DKK 254.6b | DKK 82.5b | DKK 32.6b | 6.4x | 7.8x | 3.1x |
| Mon, 15 Jan 2024 | DKK 244.9b | DKK 80.5b | DKK 30.7b | 6.5x | 8x | 3x |
| Wed, 13 Dec 2023 | DKK 227.2b | DKK 80.5b | DKK 30.7b | 5.9x | 7.4x | 2.8x |
| Fri, 10 Nov 2023 | DKK 220.8b | DKK 79.9b | DKK 30.3b | 6.6x | 7.3x | 2.8x |
| Sun, 08 Oct 2023 | DKK 218.7b | DKK 75.2b | DKK 10.1b | 7.3x | 21.6x | 2.9x |
| Tue, 05 Sep 2023 | DKK 212.4b | DKK 75.2b | DKK 10.1b | 7.1x | 21x | 2.8x |
| Thu, 03 Aug 2023 | DKK 215.7b | DKK 72.8b | DKK 8.5b | 8.7x | 25.4x | 3x |
Price to Earnings Ratio
25.4x
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 13.2x which is higher than its 3-year average PE of 10.3x.
- The 3-year average PS ratio of 3.5x is lower than the industry's current PS ratio of 5.0x.
Past Earnings Growth
- The earnings for companies in the Banks industry have grown 61% per year over the last three years.
- Revenues for these companies have grown 8.8% 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 | -3.10% | |
| Financials | -1.59% | |
| Banks | -1.92% | |
| Regional Banks | -0.82% | |
| Diversified Banks | -2.08% | |
Industry PE
- Investors are most optimistic about the Regional Banks industry which is trading above its 3-year average PE ratio of 10.7x.
- Analysts are expecting annual earnings growth of 6.1%, which is higher than its past year's earnings decline of 14.9% per year.
- Investors are most pessimistic about the Diversified Banks industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 11.6x.
Forecasted Growth
- Analysts are most optimistic on the Regional Banks industry, expecting annual earnings growth of 6.1% 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 4.4% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| JYSK Jyske Bank | DKK 1.00k | 0.4% +DKK 199.4m | 55.0% | PB1.1x | |
| MNBA Møns Bank | DKK 387.00 | 2.4% +DKK 18.0m | 24.8% | PB1.1x | |
| LASP Lån & Spar Bank | DKK 1.38k | 0.4% +DKK 17.3m | 61.8% | PB1.3x | |
| FOBANK Føroya Banki | DKK 275.50 | 0.5% +DKK 14.4m | 45.8% | PB1.4x | |
| SKJE Skjern Bank | DKK 358.00 | 0.4% +DKK 14.2m | 62.0% | PB1.7x |
