Danske Bank (DB:DSN) - Stock Price, News & Analysis

DSN Stock Overview

Provides various banking products and services to corporate, institutional, and international clients.

DSN fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	0/6
Past Performance	5/6
Financial Health	2/6
Dividends	5/6

Rewards

Trading at 33.9% below our estimate of its fair value

Earnings grew by 2027.5% over the past year

Trading at good value compared to peers and industry

Risk Analysis

Earnings are forecast to decline by an average of 4.6% per year for the next 3 years

Unstable dividend track record

Danske Bank A/S Competitors

Commerzbank

XTRA:CBK

€19.5b

ProCredit Holding

XTRA:PCZ

€500.6m

Merkur PrivatBank KgaA

XTRA:MBK

€114.3m

Standard Chartered

LSE:STAN

UK£19.9b

Price History & Performance

Summary of all time highs, changes and price drops for Danske Bank
Historical stock prices
Current Share Price	DKK 27.16
52 Week High	DKK 28.74
52 Week Low	DKK 20.52
Beta	0.88
11 Month Change	-1.67%
3 Month Change	-0.69%
1 Year Change	23.62%
33 Year Change	89.47%
5 Year Change	119.12%
Change since IPO	155.39%

Recent updates

Shareholder Returns

	DSN	DE Banks	DE Market
7D	-1.4%	0.9%	4.5%
1Y	23.6%	22.9%	13.4%

Return vs Industry: DSN matched the German Banks industry which returned 23.5% over the past year.

Return vs Market: DSN exceeded the German Market which returned 12.6% over the past year.

Price Volatility

Is DSN's price volatile compared to industry and market?
DSN volatility
DSN Average Weekly Movement	3.7%
Banks Industry Average Movement	3.0%
Market Average Movement	5.0%
10% most volatile stocks in DE Market	11.8%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: DSN has not had significant price volatility in the past 3 months.

Volatility Over Time: DSN's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1871	20,079	Carsten Egeriis	danskebank.com

Danske Bank A/S provides various banking products and services to corporate, institutional, and international clients. The company offers insurance and pension products, mortgage finance and real-estate brokerage services, asset management and trading services in fixed income products, foreign exchange services, and equities. It also provides advisory services to personal and private banking customers; and business advisory services, including acquisition, change of ownership, strategic development, or international expansion.

Danske Bank A/S Fundamentals Summary

How do Danske Bank's earnings and revenue compare to its market cap?
DSN fundamental statistics
Market cap	€22.80b
Earnings (TTM)	€3.02b
Revenue (TTM)	€7.79b

7.5x

P/E Ratio

1.0x

P/B Ratio

Is DSN overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DSN income statement (TTM)
Revenue	DKK 58.09b
Cost of Revenue	DKK 0
Gross Profit	DKK 58.09b
Other Expenses	DKK 35.53b
Earnings	DKK 22.55b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Oct 31, 2024

Earnings per share (EPS)	26.79
Gross Margin	100.00%
Net Profit Margin	38.83%
Debt/Equity Ratio	887.1%

How did DSN perform over the long term?

See historical performance and comparison

Dividends

7.4%

Current Dividend Yield

29%

Payout Ratio

DSN Stock Overview

Rewards

Risk Analysis

Danske Bank A/S Competitors

XTRA:CBK

€19.5b

XTRA:PCZ

€500.6m

XTRA:MBK

€114.3m

LSE:STAN

UK£19.9b

Price History & Performance

Recent News & Updates

Danske Bank Announces CFO Changes, Effective March 1, 2025

Danske Bank Appoints Ronny Junge-Larsen as Head of Advisory Banking Norway

Second quarter 2024 earnings released: EPS: kr.6.80 (vs kr.5.84 in 2Q 2023)

Danske Bank A/S Approves Interim Dividend, Payable on 24 July 2024

Danske Bank A/S Revises Earnings Guidance for 2024

Danske Bank Appoints Peter Lovaas as Head of Investment Banking

Recent updates

Danske Bank Announces CFO Changes, Effective March 1, 2025

Danske Bank Appoints Ronny Junge-Larsen as Head of Advisory Banking Norway

Second quarter 2024 earnings released: EPS: kr.6.80 (vs kr.5.84 in 2Q 2023)

Danske Bank A/S Approves Interim Dividend, Payable on 24 July 2024

Danske Bank A/S Revises Earnings Guidance for 2024

Danske Bank Appoints Peter Lovaas as Head of Investment Banking

First quarter 2024 earnings released: EPS: kr.6.60 (vs kr.6.02 in 1Q 2023)

Danske Bank A/S Provides Earnings Guidance for the Year 2024

Upcoming dividend of kr.7.50 per share

Danske Bank A/S (CPSE:DANSKE) commences an Equity Buyback Plan, under the authorization approved on March 16, 2023.

New major risk - Revenue and earnings growth

Full year 2023 earnings released: EPS: kr.24.80 (vs kr.6.05 loss in FY 2022)

Danske Bank A/S Announces Earnings Guidance for the Year 2024

New major risk - Revenue and earnings growth

Danske Bank A/S Revises Earnings Guidance for the Year 2023

Danske Bank A/S Narrows Earnings Guidance for the Year 2023

Third quarter 2023 earnings released: EPS: kr.6.20 (vs kr.16.19 loss in 3Q 2022)

Infosys Limited (NSEI:INFY) Completed the acquisition of Danske IT And Support Services India Private Limited from Danske Bank A/S (CPSE:DANSKE).

Insider recently bought €134k worth of stock

Second quarter 2023 earnings released: EPS: kr.5.80 (vs kr.2.00 in 2Q 2022)

Danske Bank A/S to Report Nine Months, 2024 Results on Oct 31, 2024

Insufficient new directors

Infosys Limited (NSEI:INFY) entered into an agreement to acquire Danske IT And Support Services India Private Limited from Danske Bank A/S (CPSE:DANSKE) for DKK 13.6 million.

First quarter 2023 earnings released: EPS: kr.6.00 (vs kr.3.24 in 1Q 2022)

Danske Bank A/S Announces Management Changes

Danske Bank A/S Provides Earnings Guidance for the Year 2023

Danske Bank A/S acquired a 5% stake in Medistim ASA.

US Securities and Exchange Commission Files A Complaint Against Danske Bank

Third quarter 2022 earnings released: kr.16.20 loss per share (vs kr.3.77 profit in 3Q 2021)

Danske Bank A/S Revises Earnings Guidance for the Fiscal Year 2022

Danske Bank A/S Appoints Martin Stewart, as Chairman

Second quarter 2022 earnings released: EPS: kr.2.00 (vs kr.3.13 in 2Q 2021)

Danske Bank A/S, Annual General Meeting, Mar 16, 2023

Danske Bank A/S Provides Impairment Guidance for the Second Quarter of 2022

Triton Smaller Mid-Cap Fund II SCSp managed by Triton acquired an unknown majority stake in Esperi Care Oy from Danske Bank A/S (CPSE:DANSKE), Skandinaviska Enskilda Banken AB (publ) (OM:SEB A) and Ilmarinen Mutual Pension Insurance Company.

Danske Bank A/S Announces Resignation of Philippe Vollot as Chief Administrative Officer and Executive Leadership Team

Ahlsell Danmark Aps agreed to acquire a 75.49% stake in Sanistål A/S (CPSE : SANI) from Danske Bank A/S (CPSE:DANSKE), Jyske Bank A/S (CPSE:JYSK), Nykredit Bank A/S and Nordea Bank Abp (OM:NDA SE) for approximately DKK 520 million.

Danske Bank A/S Provides Earnings Guidance for the Full Year of 2022

First quarter 2022 earnings released: EPS: kr.3.20 (vs kr.3.55 in 1Q 2021)

Upcoming dividend of kr.2.00 per share

Investor sentiment deteriorated over the past week

Danske Bank A/S Announces Election of Employee Representatives to the Board of Directors

Danske Bank Announces that Chairman of Board of Directors Karsten Dybvad Will Not Stand for Re-Election

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Danske Bank A/S Provides Earnings Guidance for the Year 2022

Union Bancaire Privée, UBP SA completed the acquisition of Danske Bank International S.A from Danske Bank A/S (CPSE:DANSKE).

Interim Head of the Group Risk Management George Anagnostopoulos has left the company

An unknown buyer acquired 6.36% stake in Solon Eiendom ASA (OB:SOLON) from Danske Bank A/S (CPSE:DANSKE).

Third quarter 2021 earnings released: EPS kr.3.80 (vs kr.2.32 in 3Q 2020)

Second quarter 2021 earnings released: EPS kr.3.10 (vs kr.2.57 in 2Q 2020)

Union Bancaire Privée, UBP SA entered into an agreement to acquire Danske Bank International S.A. from Danske Bank A/S (CPSE:DANSKE).

First quarter 2021 earnings released: EPS kr.3.54 (vs kr.1.70 loss in 1Q 2020)

Danske Bank A/S Reports Loan Impairment Charges for the First Quarter of 2021

CEO & Member of the Executive Leadership Team Chris F. H. Vogelzang has left the company

Independent Director has left the company

Danske Bank A/S Reiterates Impairment Guidance for the Fourth Quarter of 2020

Independent Director has left the company

Danske Bank A/S Announces Resignation of Topi Manner from Board of Directors

New 90-day high: €15.74