Kreditbanken A/S provides various banking products and services to private and business customers in Denmark. More Details
Solid track record with adequate balance sheet and pays a dividend.
Share Price & News
How has Kreditbanken's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: KRE has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: KRE exceeded the Danish Banks industry which returned -3.2% over the past year.
Return vs Market: KRE underperformed the Danish Market which returned 24.5% over the past year.
Price Volatility Vs. Market
How volatile is Kreditbanken's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StWhat Can We Learn About Kreditbanken's (CPH:KRE) CEO Compensation?
2 months ago | Simply Wall StKreditbanken A/S (CPH:KRE) Is An Attractive Dividend Stock - Here's Why
3 months ago | Simply Wall StIs Kreditbanken A/S's (CPH:KRE) CEO Paid Enough Relative To Peers?
Is Kreditbanken undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: KRE (DKK3180) is trading below our estimate of fair value (DKK5886.24)
Significantly Below Fair Value: KRE is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: KRE's PE Ratio (8.3x) is in line with the DK Banks industry average.
PE vs Market: KRE is good value based on its PE Ratio (8.3x) compared to the Danish market (16.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate KRE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: KRE is overvalued based on its PB Ratio (0.8x) compared to the DK Banks industry average (0.6x).
How is Kreditbanken forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Banks industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Kreditbanken has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine whether Kreditbanken is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Kreditbanken competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Banks industry.
How has Kreditbanken performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KRE has high quality earnings.
Growing Profit Margin: KRE's current net profit margins (36%) are higher than last year (30%).
Past Earnings Growth Analysis
Earnings Trend: KRE's earnings have grown significantly by 22.8% per year over the past 5 years.
Accelerating Growth: KRE's earnings growth over the past year (25%) exceeds its 5-year average (22.8% per year).
Earnings vs Industry: KRE earnings growth over the past year (25%) exceeded the Banks industry 0.3%.
Return on Equity
High ROE: KRE's Return on Equity (9.9%) is considered low.
How is Kreditbanken's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: KRE's Assets to Equity ratio (6.8x) is low.
Allowance for Bad Loans: Insufficient data to determine if KRE has a sufficient allowance for bad loans.
Low Risk Liabilities: 96% of KRE's liabilities are made up of primarily low risk sources of funding.
Loan Level: KRE has an appropriate level of Loans to Assets ratio (39%).
Low Risk Deposits: KRE's Loans to Deposits ratio (47%) is appropriate.
Level of Bad Loans: Insufficient data to determine if KRE has an appropriate level of bad loans.
What is Kreditbanken current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: KRE's dividend (1.57%) is higher than the bottom 25% of dividend payers in the Danish market (1.42%).
High Dividend: KRE's dividend (1.57%) is low compared to the top 25% of dividend payers in the Danish market (3.66%).
Stability and Growth of Payments
Stable Dividend: KRE's dividends per share have been stable in the past 10 years.
Growing Dividend: KRE's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (13%), KRE's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Lars Jensen (60 yo)
Mr. Lars Frank Jensen is Chief Executive Officer and Member of Executive Board at Kreditbanken A/S. He was Managing Director at Kreditbanken A/S. Mr. Jensen served as Bank Manager of Kreditbanken A/S and s ...
CEO Compensation Analysis
Compensation vs Market: Lars's total compensation ($USD427.69K) is about average for companies of similar size in the Danish market ($USD450.33K).
Compensation vs Earnings: Lars's compensation has been consistent with company performance over the past year.
|Chairman of the Board||6.5yrs||kr.188.00k||no data|
|Independent Vice Chairman of the Board||11.5yrs||kr.138.00k||no data|
|Independent Director||11.5yrs||kr.125.00k||no data|
|Independent Director||6.67yrs||kr.125.00k||no data|
|Independent Director||2.5yrs||kr.125.00k||no data|
Experienced Board: KRE's board of directors are considered experienced (9.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Kreditbanken A/S's company bio, employee growth, exchange listings and data sources
- Name: Kreditbanken A/S
- Ticker: KRE
- Exchange: CPSE
- Founded: 1926
- Industry: Regional Banks
- Sector: Banks
- Market Cap: kr.534.876m
- Shares outstanding: 168.20k
- Website: https://www.kreditbanken.dk
Number of Employees
- Kreditbanken A/S
- HP Hanssen Street 17
- Region of Southern Denmark
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|KRE||CPSE (OMX Nordic Exchange Copenhagen)||Yes||Share Capital||DK||DKK||Jan 1992|
|0F0T||LSE (London Stock Exchange)||Yes||Share Capital||GB||DKK||Jan 1992|
|KREC||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Share Capital||GB||DKK||Jan 1992|
Kreditbanken A/S provides various banking products and services to private and business customers in Denmark. The company offers savings accounts; and loan, budget, pension, and investment products. It als ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/20 04:28|
|End of Day Share Price||2020/09/17 00:00|
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.