Danske Bank A/S

DB:DSN0 Stock Report

Market Cap: €22.6b

Danske Bank Management

Management criteria checks 4/4

Danske Bank's CEO is Carsten Egeriis, appointed in Aug 2017, has a tenure of 7.33 years. total yearly compensation is DKK19.98M, comprised of 72.6% salary and 27.4% bonuses, including company stock and options. directly owns 0.004% of the company’s shares, worth €850.27K. The average tenure of the management team and the board of directors is 3.8 years and 3.6 years respectively.

Key information

Carsten Egeriis

Chief executive officer

DKK 20.0m

Total compensation

CEO salary percentage72.6%
CEO tenure7.3yrs
CEO ownership0.004%
Management average tenure3.8yrs
Board average tenure3.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Carsten Egeriis's remuneration changed compared to Danske Bank's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

DKK 23b

Jun 30 2024n/an/a

DKK 23b

Mar 31 2024n/an/a

DKK 22b

Dec 31 2023DKK 20mDKK 15m

DKK 21b

Sep 30 2023n/an/a

DKK 20b

Jun 30 2023n/an/a

DKK 1b

Mar 31 2023n/an/a

-DKK 2b

Dec 31 2022DKK 18mDKK 14m

-DKK 5b

Sep 30 2022n/an/a

-DKK 6b

Jun 30 2022n/an/a

DKK 11b

Mar 31 2022n/an/a

DKK 12b

Dec 31 2021DKK 17mDKK 12m

DKK 12b

Sep 30 2021n/an/a

DKK 10b

Jun 30 2021n/an/a

DKK 9b

Mar 31 2021n/an/a

DKK 9b

Dec 31 2020DKK 12mDKK 10m

DKK 4b

Sep 30 2020n/an/a

DKK 8b

Jun 30 2020n/an/a

DKK 8b

Mar 31 2020n/an/a

DKK 10b

Dec 31 2019DKK 10mDKK 8m

DKK 14b

Sep 30 2019n/an/a

DKK 13b

Jun 30 2019n/an/a

DKK 12b

Mar 31 2019n/an/a

DKK 13b

Dec 31 2018DKK 8mDKK 8m

DKK 14b

Sep 30 2018n/an/a

DKK 16b

Jun 30 2018n/an/a

DKK 19b

Mar 31 2018n/an/a

DKK 19b

Dec 31 2017DKK 14mDKK 3m

DKK 20b

Compensation vs Market: Carsten's total compensation ($USD2.78M) is below average for companies of similar size in the German market ($USD4.74M).

Compensation vs Earnings: Carsten's compensation has been consistent with company performance over the past year.

CEO

Carsten Egeriis (48 yo)

7.3yrs

Tenure

DKK 19,980,000

Compensation

Mr. Carsten Rasch Egeriis is Chairman of Danica Pension, Livsforsikringsaktieselskab from August 1, 2023. He had been Chairman of Realkredit Danmark A/S since June 9, 2020 until July 21 2021. Mr. Egeriis s...

Leadership Team

NamePositionTenureCompensationOwnership
Carsten Egeriis
CEO & Member of Executive Leadership Team7.3yrsDKK 19.98m0.0038%
€ 850.3k
Stephan Engels
CFO & Member of Executive Leadership Team4.7yrsDKK 14.16m0.0027%
€ 620.2k
Frans Woelders
COO & Member of the Executive Leadership Team4.8yrsDKK 13.13m0.00060%
€ 135.3k
Karsten Breum
Chief People Officer & Member of the Executive Leadership Team4.8yrsDKK 10.97m0.0076%
€ 1.7m
Johanna Norberg
Head of Business Customers & Country Manager - Sweden and Member of Executive Leadership Team2.6yrsDKK 10.50m0.0026%
€ 588.7k
Magnus Agustsson
Chief Risk Officer & Member of the Executive Leadership Team3.1yrsDKK 13.25mno data
Christian Bornfeld
Head of Personal Cus.no dataDKK 13.40m0.00096%
€ 216.5k
Dorthe Tolborg
Chief Compliance Officer & Member of Executive Leadership Team1.5yrsDKK 4.53m0.00060%
€ 135.3k
Carl Alpen
Head of Large Corporates & Institutions and Member of Executive Leadership Team1.3yrsDKK 23.81mno data
Mikael Deigaard
Global Chief Investment Officer4.8yrsno datano data
Atilla Olesen
Head of Investment Banking & Securities3.8yrsno datano data
Michel van Drie
Head of Technology2.9yrsno datano data

3.8yrs

Average Tenure

55yo

Average Age

Experienced Management: DSN0's management team is considered experienced (3.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Martin Blessing
Independent Chairman of the Board4.5yrsDKK 3.36m0.0025%
€ 566.1k
Lars Kolind
Member of Advisory Board29.9yrsno datano data
Sten Scheibye
Member of Advisory Boardno datano datano data
Birgit Aagaard-Svendsen
Member of Advisory Boardno datano datano data
Trond Westlie
Member of Advisory Boardno datano datano data
Lars-Erik Brenoe
Non-Independent Director8.8yrsDKK 1.27m0.0039%
€ 886.4k
Henrik Poulsen
Member of Advisory Boardno datano datano data
Allan Polack
Independent Director2.8yrsDKK 1.09m0.00053%
€ 119.5k
Gert Kjeldsen
Member of Advisory Boardno datano datano data
R. Lindeløv
Member of Advisory Boardno datano datano data
Martin Larsen
Non-independent Vice Chairman of the Boardless than a yearno datano data
Jacob Dahl
Independent Director2.8yrsDKK 1.01m0.0022%
€ 500.7k

3.6yrs

Average Tenure

64yo

Average Age

Experienced Board: DSN0's board of directors are considered experienced (3.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 11:28
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Danske Bank A/S is covered by 45 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mads ThinggaardABG Sundal Collier
Pierre-Yves GauthierAlphaValue
Fridtjof BerentsArctic Securities ASA