Spar Nord Bank A/S

CPSE:SPNO Stock Report

Market Cap: DKK 23.6b

Spar Nord Bank Management

Management criteria checks 4/4

Spar Nord Bank's CEO is Lasse Nyby, appointed in Jan 1995, has a tenure of 29.92 years. total yearly compensation is DKK6.93M, comprised of 83.6% salary and 16.4% bonuses, including company stock and options. directly owns 0.073% of the company’s shares, worth DKK17.12M. The average tenure of the management team and the board of directors is 4.7 years and 6.6 years respectively.

Key information

Lasse Nyby

Chief executive officer

DKK 6.9m

Total compensation

CEO salary percentage83.6%
CEO tenure29.9yrs
CEO ownership0.07%
Management average tenure4.7yrs
Board average tenure6.6yrs

Recent management updates

Recent updates

Does Spar Nord Bank (CPH:SPNO) Deserve A Spot On Your Watchlist?

Aug 27
Does Spar Nord Bank (CPH:SPNO) Deserve A Spot On Your Watchlist?

Spar Nord Bank A/S (CPH:SPNO) Analysts Are Pretty Bullish On The Stock After Recent Results

May 06
Spar Nord Bank A/S (CPH:SPNO) Analysts Are Pretty Bullish On The Stock After Recent Results

Do Spar Nord Bank's (CPH:SPNO) Earnings Warrant Your Attention?

Apr 17
Do Spar Nord Bank's (CPH:SPNO) Earnings Warrant Your Attention?

Results: Spar Nord Bank A/S Beat Earnings Expectations And Analysts Now Have New Forecasts

Feb 10
Results: Spar Nord Bank A/S Beat Earnings Expectations And Analysts Now Have New Forecasts

We Ran A Stock Scan For Earnings Growth And Spar Nord Bank (CPH:SPNO) Passed With Ease

Dec 13
We Ran A Stock Scan For Earnings Growth And Spar Nord Bank (CPH:SPNO) Passed With Ease

Should You Be Adding Spar Nord Bank (CPH:SPNO) To Your Watchlist Today?

Jul 27
Should You Be Adding Spar Nord Bank (CPH:SPNO) To Your Watchlist Today?

Should You Be Adding Spar Nord Bank (CPH:SPNO) To Your Watchlist Today?

Apr 12
Should You Be Adding Spar Nord Bank (CPH:SPNO) To Your Watchlist Today?

Spar Nord Bank's (CPH:SPNO) Dividend Will Be Increased To DKK4.50

Feb 12
Spar Nord Bank's (CPH:SPNO) Dividend Will Be Increased To DKK4.50

If You Like EPS Growth Then Check Out Spar Nord Bank (CPH:SPNO) Before It's Too Late

Mar 30
If You Like EPS Growth Then Check Out Spar Nord Bank (CPH:SPNO) Before It's Too Late

This Is Why Spar Nord Bank A/S' (CPH:SPNO) CEO Compensation Looks Appropriate

Mar 31
This Is Why Spar Nord Bank A/S' (CPH:SPNO) CEO Compensation Looks Appropriate

CEO Compensation Analysis

How has Lasse Nyby's remuneration changed compared to Spar Nord Bank's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

DKK 2b

Jun 30 2024n/an/a

DKK 2b

Mar 31 2024n/an/a

DKK 2b

Dec 31 2023DKK 7mDKK 6m

DKK 2b

Sep 30 2023n/an/a

DKK 2b

Jun 30 2023n/an/a

DKK 2b

Mar 31 2023n/an/a

DKK 2b

Dec 31 2022DKK 6mDKK 5m

DKK 1b

Sep 30 2022n/an/a

DKK 1b

Jun 30 2022n/an/a

DKK 1b

Mar 31 2022n/an/a

DKK 1b

Dec 31 2021DKK 5mDKK 5m

DKK 1b

Sep 30 2021n/an/a

DKK 1b

Jun 30 2021n/an/a

DKK 1b

Mar 31 2021n/an/a

DKK 959m

Dec 31 2020DKK 6mDKK 4m

DKK 688m

Sep 30 2020n/an/a

DKK 641m

Jun 30 2020n/an/a

DKK 720m

Mar 31 2020n/an/a

DKK 771m

Dec 31 2019DKK 5mDKK 4m

DKK 1b

Sep 30 2019n/an/a

DKK 910m

Jun 30 2019n/an/a

DKK 798m

Mar 31 2019n/an/a

DKK 835m

Dec 31 2018DKK 5mDKK 4m

DKK 883m

Sep 30 2018n/an/a

DKK 1b

Jun 30 2018n/an/a

DKK 1b

Mar 31 2018n/an/a

DKK 947m

Dec 31 2017DKK 5mDKK 4m

DKK 953m

Compensation vs Market: Lasse's total compensation ($USD964.81K) is below average for companies of similar size in the Danish market ($USD2.15M).

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

CEO

Lasse Nyby (64 yo)

29.9yrs

Tenure

DKK 6,928,000

Compensation

Mr. Lasse Nyby serves as a Director of Foreningen Ap Pension F M B A and serves as its Vice Chairman of the Board since 2021. He serves as a Director of Nykredit Realkredit A/S since March 28, 2007. He ser...

Leadership Team

NamePositionTenureCompensationOwnership
Lasse Nyby
CEO & Member of Executive Board29.9yrsDKK 6.93m0.073%
DKK 17.1m
John Lundsgaard
MD & Member of Executive Board24.9yrsDKK 5.21m0.10%
DKK 24.4m
Martin Rasmussen
MD & Member of Executive Board4.7yrsDKK 5.25m0.017%
DKK 4.0m
Carsten Jakobsen
MD & Member of Executive Board1.7yrsDKK 4.57m0.010%
DKK 2.4m
Rune Borglum
Chief Financial Officerless than a yearno datano data
Thorkild Mathiesen
General Manager of Finance & Accountsno datano datano data
Trine Haals
Principal Administrative Officerno datano datano data
Karin Duerlund
Head of Legal Departmentno datano datano data
Martin Bach
Head of Communicationsno datano datano data
Kim Kastrupsen
HR Directorno datano datano data
Jan Poulsen
Head of Fundingno datano datano data
Poul Erik Christensen
Senior Vice Presidentno datano datano data

4.7yrs

Average Tenure

63yo

Average Age

Experienced Management: SPNO's management team is considered experienced (4.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Kjeld Johannesen
Independent Chairman10.9yrsDKK 1.05m0.070%
DKK 16.5m
Henrik Sjogreen
Independent Director4.5yrsDKK 528.00k0.031%
DKK 7.4m
Per Bukh
Deputy Chairman of the Board17.9yrsDKK 719.00k0.028%
DKK 6.5m
Jannie Skovsen
Employee Representative Director16.9yrsDKK 440.00kno data
Michael Thomsen
Independent Director1.8yrsDKK 375.00kno data
Morten Gaardboe
Independent Director8.7yrsDKK 490.00k0.0071%
DKK 1.7m
Lisa Holst
Independent Director1.8yrsDKK 300.00k0.00022%
DKK 51.8k
Mette Kaagaard
Directorless than a yearno datano data
Rikke Marie Christiansen
Employee Representative Directorno datano datano data

6.6yrs

Average Tenure

59.5yo

Average Age

Experienced Board: SPNO's board of directors are considered experienced (6.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 05:40
End of Day Share Price 2024/12/30 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

Spar Nord Bank A/S is covered by 6 analysts. 2 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
Asbjørn MørkCarnegie Investment Bank AB
Asbjørn MørkDanske Bank