Sydbank (LSE:0MGE) - Stock Price, News & Analysis

0MGE Stock Overview

Sydbank A/S, together with its subsidiaries, provides various banking products and services to corporate, private, retail, and institutional clients in Denmark and internationally.

About the company

0MGE fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	5/6
Financial Health	6/6
Dividends	4/6

Rewards

Trading at 42.1% below our estimate of its fair value

Earnings grew by 77.4% over the past year

Risk Analysis

Earnings are forecast to decline by an average of 10.9% per year for the next 3 years

Unstable dividend track record

Sydbank A/S Competitors

Virgin Money UK

LSE:VMUK

UK£2.8b

Bank of Georgia Group

LSE:BGEO

UK£2.3b

TBC Bank Group

LSE:TBCG

UK£1.8b

Halyk Bank of Kazakhstan

LSE:HSBK

US$5.0b

Price History & Performance

Summary of all time highs, changes and price drops for Sydbank
Historical stock prices
Current Share Price	kr.354.42
52 Week High	kr.396.00
52 Week Low	kr.278.20
Beta	0.93
1 Month Change	-0.67%
3 Month Change	14.26%
1 Year Change	17.74%
3 Year Change	92.15%
5 Year Change	177.11%
Change since IPO	61.47%

Recent updates

Shareholder Returns

	0MGE	GB Banks	GB Market
7D	-1.7%	2.8%	2.2%
1Y	17.7%	12.2%	0.9%

Return vs Industry: 0MGE exceeded the UK Banks industry which returned 12.2% over the past year.

Return vs Market: 0MGE exceeded the UK Market which returned 0.9% over the past year.

Price Volatility

Is 0MGE's price volatile compared to industry and market?
0MGE volatility
0MGE Average Weekly Movement	4.9%
Banks Industry Average Movement	4.0%
Market Average Movement	4.8%
10% most volatile stocks in GB Market	11.3%
10% least volatile stocks in GB Market	2.7%

Stable Share Price: 0MGE has not had significant price volatility in the past 3 months.

Volatility Over Time: 0MGE's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1986	2,029	Karen Frøsig	www.sydbank.com

Sydbank A/S, together with its subsidiaries, provides various banking products and services to corporate, private, retail, and institutional clients in Denmark and internationally. The company operates in Banking, Asset Management, Sydbank Markets, Treasury, and Other segments. The company offers various deposits, and loans and advances; and corporate banking services, including financing solutions and advisory services; leasing solutions to businesses; and international commercial banking services, such as payment and cash management solutions.

Sydbank A/S Fundamentals Summary

How do Sydbank's earnings and revenue compare to its market cap?
0MGE fundamental statistics
Market cap	kr.19.06b
Earnings (TTM)	kr.3.30b
Revenue (TTM)	kr.7.54b

5.8x

P/E Ratio

1.2x

P/B Ratio

Is 0MGE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
0MGE income statement (TTM)
Revenue	kr.7.54b
Cost of Revenue	kr.0
Gross Profit	kr.7.54b
Other Expenses	kr.4.24b
Earnings	kr.3.30b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 01, 2024

Earnings per share (EPS)	61.06
Gross Margin	100.00%
Net Profit Margin	43.81%
Debt/Equity Ratio	168.7%

How did 0MGE perform over the long term?

See historical performance and comparison

Dividends

8.7%

Current Dividend Yield

52%

Payout Ratio

0MGE Stock Overview

Rewards

Risk Analysis

Sydbank A/S Competitors

LSE:VMUK

UK£2.8b

LSE:BGEO

UK£2.3b

LSE:TBCG

UK£1.8b

LSE:HSBK

US$5.0b

Price History & Performance

Recent News & Updates

Sydbank A/S (CPSE:SYDB) acquired unknown additional minority stake in Fynske Bank A/S (CPSE:FYNBK).

Sydbank A/S to Distribute Dividend for the Year 2023

Upcoming dividend of kr.30.56 per share

Dividend of kr.30.56 announced

Investor sentiment improves as stock rises 18%

Full year 2023 earnings released: EPS: kr.58.80 (vs kr.32.35 in FY 2022)

Recent updates

Sydbank A/S (CPSE:SYDB) acquired unknown additional minority stake in Fynske Bank A/S (CPSE:FYNBK).

Sydbank A/S to Distribute Dividend for the Year 2023

Upcoming dividend of kr.30.56 per share

Dividend of kr.30.56 announced

Investor sentiment improves as stock rises 18%

Full year 2023 earnings released: EPS: kr.58.80 (vs kr.32.35 in FY 2022)

Sydbank A/S Provides Earnings Guidance for 2024

Sydbank A/S to Revises Earnings Expectations Upwards as for 2023

Sydbank A/S Announces Management Changes

Third quarter 2023 earnings released: EPS: kr.16.10 (vs kr.7.45 in 3Q 2022)

Sydbank A/S Provides Earnings Guidance for the Year 2023

Sydbank Announces Executive Changes

Sydbank A/S Announces Retirement of Karen Frøsig, CEO

Sydbank A/S Revises Earnings Guidance for the Year 2023

Sydbank A/S to Report Nine Months, 2024 Results on Oct 30, 2024

Sydbank A/S Provides Earnings Outlook for the Year 2023

New major risk - Revenue and earnings growth

Sydbank A/S (CPSE:SYDB) commences an Equity Buyback Plan for 10% of its issued share capital, under the authorization approved on March 23, 2023.

Sydbank A/S Revises Earnings Guidance for the Year 2023

Now 22% undervalued after recent price drop

Independent Chairman recently bought kr.288k worth of stock

First quarter 2023 earnings released: EPS: kr.12.80 (vs kr.7.35 in 1Q 2022)

Independent Director recently bought kr.319k worth of stock

Employee Representative Director recently sold kr.273k worth of stock

Full year 2022 earnings released: EPS: kr.32.20 (vs kr.23.18 in FY 2021)

Insufficient new directors

Sydbank A/S Provides Earnings Guidance for the Year 2023

Sydbank A/S Revises Earnings Guidance for the Year 2022

Sydbank A/S Revises Earnings Guidance for the Year 2022

Sydbank A/S Announces Executive Changes

Third quarter 2022 earnings released: EPS: kr.7.40 (vs kr.5.99 in 3Q 2021)

Sydbank A/S Provides Earnings Guidance for the Year 2022

Sydbank A/S Revises Earnings Guidance for the Year 2022

Sydbank A/S to Report Nine Months, 2023 Results on Nov 01, 2023

Second quarter 2022 earnings released: EPS: kr.5.08 (vs kr.5.77 in 2Q 2021)

Sydbank A/S to Report Fiscal Year 2022 Results on Mar 01, 2023

Sydbank A/S Provides Earnings Guidance for the Full Year of 2022

First quarter 2022 earnings released: EPS: kr.7.62 (vs kr.4.67 in 1Q 2021)

Sydbank A/S Revises Upwards Its Expectations for Profit for the Year for 2022

Upcoming dividend of kr.12.00 per share

Sydbank Announces Staff Elected to its Board of Directors

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Sydbank A/S Provides Impairment Charges Guidance for the Year 2022

Sydbank A/S Provides Earnings Guidance for the Year 2022

Sydbank A/S Provides Earnings Guidance for 2022

Third quarter 2021 earnings released: EPS kr.6.00 (vs kr.4.08 in 3Q 2020)

Upcoming dividend of kr.5.70 per share

Second quarter 2021 earnings released: EPS kr.5.68 (vs kr.4.44 in 2Q 2020)

Sydbank A/S Provides Earnings Guidance for Full Year 2021

First quarter 2021 earnings released: EPS kr.4.67 (vs kr.0.73 in 1Q 2020)

Sydbank Announces Impairment Charges for the First Quarter of 2021; Provides Impairment Charges Guidance for the Full Year of 2021

Upcoming Dividend of kr.4.00 Per Share

Full year 2020 earnings released: EPS kr.12.80 (vs kr.14.12 in FY 2019)

Revenue beats expectations

Opendo A/S acquired Alm.Brand Leasing A/S from Sydbank A/S (CPSE:SYDB).

Sydbank A/S (CPSE:SYDB) agreed to acquire 10.4% stake in Opendo A/S.

New 90-day high: kr.139

New 90-day high: kr.139

New 90-day high: kr.133