Danske Bank Past Earnings Performance

Past criteria checks 4/6

Danske Bank has been growing earnings at an average annual rate of 13.8%, while the Banks industry saw earnings growing at 22.7% annually. Revenues have been growing at an average rate of 6.3% per year. Danske Bank's return on equity is 13.2%, and it has net margins of 39.3%.

Key information

13.8%

Earnings growth rate

13.8%

EPS growth rate

Banks Industry Growth	12.4%
Revenue growth rate	6.3%
Return on equity	13.2%
Net Margin	39.3%
Last Earnings Update	30 Sep 2024

Recent past performance updates

Recent updates

Does Danske Bank (CPH:DANSKE) Deserve A Spot On Your Watchlist?

Aug 26

Shareholders Would Not Be Objecting To Danske Bank A/S' (CPH:DANSKE) CEO Compensation And Here's Why

Mar 15

Does Danske Bank A/S (CPH:DANSKE) Have A Place In Your Dividend Portfolio?

Apr 01

Revenue & Expenses Breakdown

How Danske Bank makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

CPSE:DANSKE Revenue, expenses and earnings (DKK Millions)
Date	Revenue	Earnings	G+A Expenses
30 Sep 24	59,561	23,399	28,882
30 Jun 24	58,086	22,552	28,882
31 Mar 24	56,199	21,724	28,882
31 Dec 23	55,590	21,262	28,882
30 Sep 23	51,169	20,053	30,211
30 Jun 23	48,989	1,060	30,211
31 Mar 23	46,303	-2,159	30,211
31 Dec 22	43,981	-4,666	30,211
30 Sep 22	43,727	-5,670	30,822
30 Jun 22	44,923	11,220	30,822
31 Mar 22	46,841	12,103	30,822
31 Dec 21	47,428	12,469	30,822
30 Sep 21	46,090	10,249	32,443
30 Jun 21	44,946	9,019	32,443
31 Mar 21	44,517	8,548	32,443
31 Dec 20	39,141	4,038	32,443
30 Sep 20	40,100	7,548	30,605
30 Jun 20	40,663	8,376	30,605
31 Mar 20	41,614	10,006	30,605
31 Dec 19	46,383	14,286	30,605
30 Sep 19	45,771	12,746	26,500
30 Jun 19	46,337	12,224	26,500
31 Mar 19	46,181	12,502	26,500
31 Dec 18	47,332	14,081	26,500
30 Sep 18	49,146	16,231	25,876
30 Jun 18	50,040	18,672	25,876
31 Mar 18	50,610	19,153	25,876
31 Dec 17	52,009	20,114	25,876
30 Sep 17	52,036	20,074	24,647
30 Jun 17	51,765	20,083	24,647
31 Mar 17	51,301	19,747	24,647
31 Dec 16	49,830	19,195	24,647
30 Sep 16	48,443	13,654	24,897
30 Jun 16	46,796	12,417	24,897
31 Mar 16	46,583	12,467	24,897
31 Dec 15	47,071	12,516	24,897
30 Sep 15	45,674	6,316	25,573
30 Jun 15	45,735	6,004	25,573
31 Mar 15	45,288	5,768	25,573
31 Dec 14	42,747	3,688	25,573
30 Sep 14	41,260	13,718	0
30 Jun 14	38,967	12,060	0
31 Mar 14	36,892	10,173	0
31 Dec 13	35,629	8,892	0

Quality Earnings: DANSKE has high quality earnings.

Growing Profit Margin: DANSKE's current net profit margins (39.3%) are higher than last year (39.2%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: DANSKE's earnings have grown by 13.8% per year over the past 5 years.

Accelerating Growth: DANSKE's earnings growth over the past year (16.7%) exceeds its 5-year average (13.8% per year).

Earnings vs Industry: DANSKE earnings growth over the past year (16.7%) did not outperform the Banks industry 24.4%.

Danske Bank Past Earnings Performance

Past criteria checks 4/6

Key information

Recent past performance updates

Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

First quarter 2024 earnings: EPS exceeds analyst expectations

Full year 2023 earnings: Revenues and EPS in line with analyst expectations

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

Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Recent updates

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

Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Danske Bank A/S Provides Earnings Guidance for 2024

Danske Bank Announces CFO Changes, Effective March 1, 2025

Does Danske Bank (CPH:DANSKE) Deserve A Spot On Your Watchlist?

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

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

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

Independent Director recently bought kr.1.0m worth of stock

First quarter 2024 earnings: EPS exceeds analyst expectations

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

Upcoming dividend of kr.7.50 per share

Shareholders Would Not Be Objecting To Danske Bank A/S' (CPH:DANSKE) CEO Compensation And Here's Why

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: Revenues and EPS in line with analyst expectations

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

New major risk - Revenue and earnings growth

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).

Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

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

Key Executive recently bought kr.997k worth of stock

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: EPS in line with analyst expectations despite revenue beat

Independent Director recently bought kr.286k worth of stock

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

Price target increased to kr.143

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

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Danske Bank A/S Appoints Martin Stewart, as Chairman

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

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: EPS and revenues miss analyst expectations

Upcoming dividend of kr.2.00 per share

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: EPS exceeds 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)

Consensus forecasts updated

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

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

Does Danske Bank A/S (CPH:DANSKE) Have A Place In Your Dividend Portfolio?

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

Revenue & Expenses Breakdown

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis