Here's What Analysts Are Forecasting For Jyske Bank A/S (CPH:JYSK) After Its Third-Quarter Results

Jyske Bank A/S (CPH:JYSK) shareholders are probably feeling a little disappointed, since its shares fell 8.7% to kr.486 in the week after its latest third-quarter results. The result was positive overall - although revenues of kr.3.5b were in line with what the analysts predicted, Jyske Bank surprised by delivering a statutory profit of kr.21.70 per share, modestly greater than expected. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.

Check out our latest analysis for Jyske Bank

After the latest results, the consensus from Jyske Bank's three analysts is for revenues of kr.12.8b in 2025, which would reflect an uncomfortable 14% decline in revenue compared to the last year of performance. Statutory earnings per share are forecast to sink 17% to kr.75.85 in the same period. Yet prior to the latest earnings, the analysts had been anticipated revenues of kr.13.0b and earnings per share (EPS) of kr.78.02 in 2025. The analysts seem to have become a little more negative on the business after the latest results, given the small dip in their earnings per share numbers for next year.

The consensus price target held steady at kr.585, with the analysts seemingly voting that their lower forecast earnings are not expected to lead to a lower stock price in the foreseeable future. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. Currently, the most bullish analyst values Jyske Bank at kr.645 per share, while the most bearish prices it at kr.510. Still, with such a tight range of estimates, it suggeststhe analysts have a pretty good idea of what they think the company is worth.

Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. These estimates imply that revenue is expected to slow, with a forecast annualised decline of 11% by the end of 2025. This indicates a significant reduction from annual growth of 15% over the last five years. By contrast, our data suggests that other companies (with analyst coverage) in the industry are forecast to see their revenue decline 3.3% annually for the foreseeable future. So it's pretty clear that Jyske Bank's revenues are expected to shrink faster than the wider industry.

The Bottom Line

The biggest concern is that the analysts reduced their earnings per share estimates, suggesting business headwinds could lay ahead for Jyske Bank. The consensus also reconfirmed their revenue estimates, suggesting that it is performing in line with expectations. Plus, our data suggests that Jyske Bank is expected to perform worse than the wider industry. The consensus price target held steady at kr.585, with the latest estimates not enough to have an impact on their price targets.

Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. We have forecasts for Jyske Bank going out to 2026, and you can see them free on our platform here.

However, before you get too enthused, we've discovered 2 warning signs for Jyske Bank (1 makes us a bit uncomfortable!) that you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.