Danske Bank A/S

DANSKE

DK0010274414

Banks

Market Closed - Nasdaq Copenhagen Other stock markets 10:59:55 2024-05-17 am EDT			5-day change	1st Jan Change
201.1 ^DKK	+2.52%		+5.43%	+11.47%

May. 14	Norway's KCC Concludes NOK300 Unsecured Bonds Tap Issue	MT
May. 07	Danske Bank Invests in Digital Transformation Platform United Fintech	MT

Danske Bank: net income up 9% in Q1

May 03, 2024 at 04:13 am EDT

Danske Bank reports total revenues of DKK (Danish kroner) 13,955 million, up 4% on Q1 2023.

Net profit was DKK 5.6 billion, up 9%, giving EPS of DKK 6.6 (vs. DKK 6 a year earlier).

The bank's assets were down 2% at DKK 3,709 billion.

For 2024, the bank is targeting net profit of between DKK 20 and 22 billion.

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Latest news about Danske Bank A/S

Norway's KCC Concludes NOK300 Unsecured Bonds Tap Issue	May. 14	MT
Danske Bank Invests in Digital Transformation Platform United Fintech	May. 07	MT
EMEA Morning Briefing: Shares May Get a Lift on Renewed Rate Cut Hopes	May. 06	DJ
News Highlights : Top Financial Services News of the Day - Monday at 12 AM ET	May. 06	DJ
News Highlights : Top Financial Services News of the Day - Friday at 4 PM ET	May. 03	DJ
Nordic Shares Dropped Friday; Instalco Posted Biggest Loss	May. 03	DJ
News Highlights : Top Financial Services News of the Day - Friday at 11 AM ET	May. 03	DJ
News Highlights : Top Financial Services News of the Day - Friday at 7 AM ET	May. 03	DJ
DANSKE BANK : Q1: fading NII momentum shadows good progress on targets achievement	May. 03
European Midday Briefing : Stocks Make Tentative Gains Ahead of Key U.S. Jobs Data	May. 03	DJ
Danske Bank: net income up 9% in Q1	May. 03	CF
Danske Bank Reiterates FY24 Outlook After 'Good' Q1 Performance	May. 03	MT
Danske Bank CEO: Expects net interest income to top in Q3	May. 03	RE
Transcript : Danske Bank A/S, Q1 2024 Earnings Call, May 03, 2024	May. 03
Danske Bank reports Q1 net profit in line with expectations	May. 03	RE
Danske Bank A/S Reports Earnings Results for the First Quarter Ended March 31, 2024	May. 03	CI
Danske Bank A/S Provides Earnings Guidance for the Year 2024	May. 03	CI
EMEA Morning Briefing : Shares Seen Higher Ahead of U.S. Jobs Report	May. 03	DJ
Moody's Raises Danske Bank’s Ratings; Outlook Changed to Stable	May. 02	MT
Sobi's SEK10 Billion Note Program Gets Regulatory Nod in Sweden	Apr. 26	MT
Mowi Issues New Green Bonds Worth NOK3.5 Billion	Apr. 25	MT
Dampskibsselskabet Norden to Launch $21 Million Share Buyback Program	Apr. 25	MT
DSV Kicks Off DKK1 Billion Share Buyback Program	Apr. 24	MT
Finnair Secures EUR200 Million Revolver	Apr. 23	MT
Bund yield hits 5-month high as focus shifts to policy paths	Apr. 22	RE

Chart Danske Bank A/S

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Company Profile

Danske Bank A/S is Denmark's leading bank. The activity is organized around four areas: - retail banking; - market and investment banking: financial brokerage, merger-acquisition consulting, portfolio management, etc.; - insurance (Danica Pension): mainly life insurance and pension fund management; - other: primarily management of investment funds and asset management. At the end of 2023, the group managed DKK 1,222.2 billion in current deposits and DKK 928.2 billion in current loans.

Sector

Banks

Calendar

2024-07-19 - Q2 2024 Earnings Release

Related indices

STOXX EUROPE 600 (EUR)

More about the company

Income Statement Evolution

More financial data

Analysis / Opinion

DANSKE BANK : Q1: fading NII momentum shadows good progress on targets achievement

May 03, 2024 at 07:04 am EDT

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Ratings for Danske Bank A/S

Trading Rating

Investor Rating

ESG Refinitiv

C+

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

196.2 DKK

Average target price

219.2 DKK

Spread / Average Target

+11.77%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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Other Banks

Danske Bank A/S

Equities

DANSKE

DK0010274414

Banks

Danske Bank: net income up 9% in Q1

EPS Revisions