Danske Bank (OTCPK:DNKE.Y) - Stock Price, News & Analysis

DNKE.Y Stock Overview

Danske Bank A/S provides various banking products and services to corporate, institutional, and international clients.

DNKE.Y fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	0/6
Past Performance	2/6
Financial Health	2/6
Dividends	4/6

Rewards

Trading at 51.2% below our estimate of its fair value

Became profitable this year

Trading at good value compared to peers and industry

Risk Analysis

Earnings are forecast to decline by an average of 1.2% per year for the next 3 years

Unstable dividend track record

Danske Bank A/S Competitors

Fifth Third Bancorp

NasdaqGS:FITB

US$23.4b

KeyCorp

NYSE:KEY

US$13.4b

PNC Financial Services Group

NYSE:PNC

US$58.8b

Credicorp

NYSE:BAP

US$12.9b

Price History & Performance

Summary of all time highs, changes and price drops for Danske Bank
Historical stock prices
Current Share Price	kr.14.42
52 Week High	kr.15.35
52 Week Low	kr.9.96
Beta	0.89
1 Month Change	-6.06%
3 Month Change	6.91%
1 Year Change	32.92%
3 Year Change	53.40%
5 Year Change	53.08%
Change since IPO	6.22%

Recent updates

Shareholder Returns

	DNKE.Y	US Banks	US Market
7D	-1.5%	-3.3%	-3.7%
1Y	32.9%	21.0%	20.2%

Return vs Industry: DNKE.Y exceeded the US Banks industry which returned 19.9% over the past year.

Return vs Market: DNKE.Y exceeded the US Market which returned 20.5% over the past year.

Price Volatility

Is DNKE.Y's price volatile compared to industry and market?
DNKE.Y volatility
DNKE.Y Average Weekly Movement	3.5%
Banks Industry Average Movement	4.5%
Market Average Movement	6.0%
10% most volatile stocks in US Market	16.6%
10% least volatile stocks in US Market	3.0%

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

Volatility Over Time: DNKE.Y's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1871	20,021	Carsten Egeriis	danskebank.com

Danske Bank A/S provides various banking products and services to corporate, institutional, and international clients. The company offers insurance and pension products, mortgage finance and real-estate brokerage services, asset management and trading services in fixed income products, foreign exchange services, and equities. It also provides advisory services to personal and private banking customers; and business advisory services, including acquisition, change of ownership, strategic development, or international expansion.

Danske Bank A/S Fundamentals Summary

How do Danske Bank's earnings and revenue compare to its market cap?
DNKE.Y fundamental statistics
Market cap	US$24.73b
Earnings (TTM)	US$3.03b
Revenue (TTM)	US$7.93b

8.2x

P/E Ratio

1.0x

P/B Ratio

Is DNKE.Y overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DNKE.Y income statement (TTM)
Revenue	kr.55.59b
Cost of Revenue	kr.0
Gross Profit	kr.55.59b
Other Expenses	kr.34.33b
Earnings	kr.21.26b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 03, 2024

Earnings per share (EPS)	24.87
Gross Margin	100.00%
Net Profit Margin	38.25%
Debt/Equity Ratio	971.3%

How did DNKE.Y perform over the long term?

See historical performance and comparison

Dividends

7.4%

Current Dividend Yield

59%

Payout Ratio

DNKE.Y Stock Overview

Rewards

Risk Analysis

Danske Bank A/S Competitors

NasdaqGS:FITB

US$23.4b

NYSE:KEY

US$13.4b

NYSE:PNC

US$58.8b

NYSE:BAP

US$12.9b

Price History & Performance

Recent News & Updates

Danske Bank A/S (CPSE:DANSKE) commences an Equity Buyback Plan, under the authorization approved on March 16, 2023.

Danske Bank A/S Announces Earnings Guidance for the Year 2024

Danske Bank A/S Revises Earnings Guidance for the Year 2023

Danske Bank A/S Narrows Earnings Guidance for the Year 2023

Infosys Limited (NSEI:INFY) Completed the acquisition of Danske IT And Support Services India Private Limited from Danske Bank A/S (CPSE:DANSKE).

Danske Bank A/S to Report Nine Months, 2024 Results on Oct 31, 2024

Recent updates

Danske Bank A/S (CPSE:DANSKE) commences an Equity Buyback Plan, under the authorization approved on March 16, 2023.

Danske Bank A/S Announces Earnings Guidance for the Year 2024

Danske Bank A/S Revises Earnings Guidance for the Year 2023

Danske Bank A/S Narrows Earnings Guidance for the Year 2023

Infosys Limited (NSEI:INFY) Completed the acquisition of Danske IT And Support Services India Private Limited from Danske Bank A/S (CPSE:DANSKE).

Danske Bank A/S to Report Nine Months, 2024 Results on Oct 31, 2024

Infosys Limited (NSEI:INFY) entered into an agreement to acquire Danske IT And Support Services India Private Limited from Danske Bank A/S (CPSE:DANSKE) for DKK 13.6 million.

Danske Bank A/S Announces Management Changes

Danske Bank A/S Provides Earnings Guidance for the Year 2023

Danske Bank A/S acquired a 5% stake in Medistim ASA.

US Securities and Exchange Commission Files A Complaint Against Danske Bank

Danske Bank A/S Revises Earnings Guidance for the Fiscal Year 2022

Danske Bank A/S Appoints Martin Stewart, as Chairman

Danske Bank A/S, Annual General Meeting, Mar 16, 2023

Danske Bank A/S Provides Impairment Guidance for the Second Quarter of 2022

Triton Smaller Mid-Cap Fund II SCSp managed by Triton acquired an unknown majority stake in Esperi Care Oy from Danske Bank A/S (CPSE:DANSKE), Skandinaviska Enskilda Banken AB (publ) (OM:SEB A) and Ilmarinen Mutual Pension Insurance Company.

Danske Bank A/S Announces Resignation of Philippe Vollot as Chief Administrative Officer and Executive Leadership Team

Ahlsell Danmark Aps agreed to acquire a 75.49% stake in Sanistål A/S (CPSE : SANI) from Danske Bank A/S (CPSE:DANSKE), Jyske Bank A/S (CPSE:JYSK), Nykredit Bank A/S and Nordea Bank Abp (OM:NDA SE) for approximately DKK 520 million.

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

Danske Bank A/S Announces Election of Employee Representatives to the Board of Directors

Danske Bank Announces that Chairman of Board of Directors Karsten Dybvad Will Not Stand for Re-Election

Danske Bank A/S Provides Earnings Guidance for the Year 2022

Union Bancaire Privée, UBP SA completed the acquisition of Danske Bank International S.A from Danske Bank A/S (CPSE:DANSKE).

An unknown buyer acquired 6.36% stake in Solon Eiendom ASA (OB:SOLON) from Danske Bank A/S (CPSE:DANSKE).

Union Bancaire Privée, UBP SA entered into an agreement to acquire Danske Bank International S.A. from Danske Bank A/S (CPSE:DANSKE).

Danske Bank A/S Reports Loan Impairment Charges for the First Quarter of 2021

Danske Bank A/S Reiterates Impairment Guidance for the Fourth Quarter of 2020

Danske Bank A/S Announces Resignation of Topi Manner from Board of Directors

Luminor Bank AS agreed to acquire Corporate loan and leasing portfolio from Danske Bank A/S (CPSE:DANSKE) for €35 million.

NTG Nordic Transport Group A/S Announces Termination of Market Making Agreement with Danske Bank A/S

Loomis AB (publ) (OM:LOOM B) completed the acquisition of Automatia Pankkiautomaatit Oy from Danske Bank A/S (CPSE:DANSKE), OP Financial Group and Nordea Bank Abp (OM:NDA SE).

Danske Bank Announces Management Changes

AS LHV Pank completed the acquisition of Business Unit Operating Portfolio of Estonian Corporate and Public Sector Credits from Danske Bank A/S (CPSE:DANSKE).

Danske Bank A/S Announces Changes to the Organization

Euronext N.V. (ENXTPA:ENX) completed acquisition of 70% stake in VP Securities A/S from Danske Bank A/S (CPSE:DANSKE), Danmarks Nationalbank, Jyske Bank A/S (CPSE:JYSK), Nykredit A/S and Nordea Danmark, Filial af Nordea bank AB (Publ) FINLAND.

AB Siauliu Bankas (NSEL:SAB1L) completed the acquisition of retail loan portfolio of Danske Bank A/S for for approximately €110.

Danske Bank A/S to Report Fiscal Year 2020 Results on Feb 04, 2021