CPSE:DANSKEBanks
Danske Bank (CPSE:DANSKE) Margins Narrow, Challenging Bullish Narratives on Sustainable Profit Strength
Danske Bank (CPSE:DANSKE) posted a net profit margin of 40.6%, a slight step down from last year’s 41.7%, capping a period where average earnings growth over the past five years hit an impressive 30.2% per year. However, the most recent year brought negative earnings growth, and with revenue forecast to grow at just 2% annually, well below the Danish market average, investors are monitoring the outlook closely. Margins remain high, but the slower pace of expected growth puts the spotlight on...