Jyske Bank A/S (CPH:JYSK) Just Reported Yearly Earnings: Have Analysts Changed Their Mind On The Stock?

Investors in Jyske Bank A/S (CPH:JYSK) had a good week, as its shares rose 5.7% to close at kr.580 following the release of its annual results. Results overall were respectable, with statutory earnings of kr.80.03 per share roughly in line with what the analysts had forecast. Revenues of kr.14b came in 2.7% ahead of analyst predictions. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Jyske Bank after the latest results.

Check out our latest analysis for Jyske Bank

After the latest results, the consensus from Jyske Bank's four analysts is for revenues of kr.12.7b in 2025, which would reflect a chunky 10.0% decline in revenue compared to the last year of performance. Statutory earnings per share are expected to fall 16% to kr.68.76 in the same period. Before this earnings report, the analysts had been forecasting revenues of kr.12.7b and earnings per share (EPS) of kr.69.78 in 2025. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results.

It will come as no surprise then, to learn that the consensus price target is largely unchanged at kr.585. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. The most optimistic Jyske Bank analyst has a price target of kr.650 per share, while the most pessimistic values it at kr.534. Even so, with a relatively close grouping of estimates, it looks like the analysts are quite confident in their valuations, suggesting Jyske Bank is an easy business to forecast or the the analysts are all using similar assumptions.

Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. We would highlight that revenue is expected to reverse, with a forecast 10.0% annualised decline to the end of 2025. That is a notable change from historical growth of 16% 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 0.4% annually for the foreseeable future. The forecasts do look bearish for Jyske Bank, since they're expecting it to shrink faster than the industry.

The Bottom Line

The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. 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.

Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. We have estimates - from multiple Jyske Bank analysts - going out to 2027, and you can see them free on our platform here.

That said, it's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Jyske Bank (at least 1 which is a bit concerning) , and understanding them should be part of your investment process.

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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.