Danske Bank Future Growth

Future criteria checks 0/6

Danske Bank's revenue and earnings are forecast to decline at 1.2% and 4.6% per annum respectively. EPS is expected to grow by 0.05% per annum. Return on equity is forecast to be 10.6% in 3 years.

Key information

-4.6%

Earnings growth rate

0.05%

EPS growth rate

Banks earnings growth	0.4%
Revenue growth rate	-1.2%
Future return on equity	10.6%
Analyst coverage	Good
Last updated	27 Sep 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

DB:DSN - Analysts future estimates and past financials data (DKK Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	56,221	21,088	N/A	N/A	12
12/31/2025	55,789	21,295	N/A	N/A	12
12/31/2024	56,159	22,024	N/A	N/A	12
6/30/2024	58,086	22,552	45,355	46,543	N/A
3/31/2024	56,199	21,724	107,390	108,552	N/A
12/31/2023	55,590	21,262	149,609	150,990	N/A
9/30/2023	52,018	20,053	169,571	171,199	N/A
6/30/2023	48,989	1,060	110,659	112,053	N/A
3/31/2023	46,303	-2,159	79,816	81,137	N/A
12/31/2022	43,981	-4,666	-81,006	-79,620	N/A
9/30/2022	43,727	-5,670	-16,627	-14,968	N/A
6/30/2022	44,923	11,220	12,916	14,712	N/A
3/31/2022	46,841	12,103	-10,928	-9,101	N/A
12/31/2021	47,428	12,469	2,618	4,189	N/A
9/30/2021	46,090	10,249	7,903	8,989	N/A
6/30/2021	44,946	9,019	-40,672	-39,446	N/A
3/31/2021	44,517	8,548	-135,580	-134,326	N/A
12/31/2020	39,141	4,038	-7,829	-6,549	N/A
9/30/2020	40,100	7,548	-97,600	-96,096	N/A
6/30/2020	40,663	8,376	-167,128	-165,681	N/A
3/31/2020	41,614	10,006	-90,225	-88,624	N/A
12/31/2019	46,383	14,286	-209,922	-208,378	N/A
9/30/2019	45,771	12,746	-176,597	-174,981	N/A
6/30/2019	46,337	12,224	-152,152	-150,463	N/A
3/31/2019	46,181	12,502	-157,490	-155,807	N/A
12/31/2018	47,332	14,081	-158,596	-156,927	N/A
9/30/2018	49,146	16,231	-92,700	-91,079	N/A
6/30/2018	50,040	18,672	-66,368	-64,792	N/A
3/31/2018	50,610	19,153	N/A	-54,272	N/A
12/31/2017	52,009	20,114	N/A	45,399	N/A
9/30/2017	52,036	20,074	N/A	-10,071	N/A
6/30/2017	51,765	20,083	N/A	96,824	N/A
3/31/2017	51,301	19,747	N/A	100,991	N/A
12/31/2016	49,830	19,195	N/A	52,373	N/A
9/30/2016	48,443	13,654	N/A	96,396	N/A
6/30/2016	46,796	12,417	N/A	-20,400	N/A
3/31/2016	46,583	12,467	N/A	82,972	N/A
12/31/2015	47,071	12,516	N/A	143,054	N/A
9/30/2015	45,674	6,316	N/A	130,391	N/A
6/30/2015	45,735	6,004	N/A	200,256	N/A
3/31/2015	45,288	5,768	N/A	114,362	N/A
12/31/2014	42,747	3,688	N/A	-29,518	N/A
9/30/2014	41,260	13,718	N/A	-145,406	N/A
6/30/2014	38,967	12,060	N/A	-185,104	N/A
3/31/2014	36,892	10,173	N/A	-236,630	N/A
12/31/2013	35,629	8,892	N/A	-137,004	N/A
9/30/2013	36,520	6,335	N/A	-106,063	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: DSN's earnings are forecast to decline over the next 3 years (-4.6% per year).

Earnings vs Market: DSN's earnings are forecast to decline over the next 3 years (-4.6% per year).

High Growth Earnings: DSN's earnings are forecast to decline over the next 3 years.

Revenue vs Market: DSN's revenue is expected to decline over the next 3 years (-1.2% per year).

High Growth Revenue: DSN's revenue is forecast to decline over the next 3 years (-1.2% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: DSN's Return on Equity is forecast to be low in 3 years time (10.6%).

Danske Bank Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Danske Bank A/S Revises Earnings Guidance for 2024

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

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

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

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

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

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

Full year 2020 earnings released: EPS kr.4.70 (vs kr.16.72 in FY 2019)

Revenue beats expectations

Luminor Bank AS agreed to acquire Corporate loan and leasing portfolio from Danske Bank A/S (CPSE:DANSKE) for €35 million.

NTG Nordic Transport Group A/S Announces Termination of Market Making Agreement with Danske Bank A/S

New 90-day high: €14.15

Loomis AB (publ) (OM:LOOM B) completed the acquisition of Automatia Pankkiautomaatit Oy from Danske Bank A/S (CPSE:DANSKE), OP Financial Group and Nordea Bank Abp (OM:NDA SE).

New 90-day high: €14.12

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts