- Danske Bank’s net income for the fourth quarter is DKK6.00 billion, surpassing the estimate of DKK5.09 billion.
- Net interest income is reported at DKK9.24 billion, which is above the estimated DKK9 billion.
- Net fee and commission income reached DKK4.51 billion, exceeding the projection of DKK3.63 billion.
- Net trading income is DKK559 million, below the expected DKK688.8 million.
- Other income is DKK190 million, falling short of the estimated DKK246.9 million.
- The Common Equity Tier 1 ratio stands at 17.8%, which is slightly lower than the anticipated 18.6%.
- Operating expenses amounted to DKK6.69 billion, marginally better than the estimate of DKK6.82 billion.
- The dividend per share for 2024 is DKK14.50.
- Currently, there are 18 buy ratings, 6 hold ratings, and 2 sell ratings for Danske Bank.
A look at Danske Bank A/S Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 4.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on Smartkarma Smart Scores, Danske Bank A/S is positioned for a positive long-term outlook. With high scores in Dividend and Growth factors, the company demonstrates a strong potential for steady returns and expansion. The Value score reflects a good investment proposition, indicating that the company may be undervalued compared to its peers. Momentum is also favorable, suggesting that Danske Bank is gaining traction in the market.
Although the Resilience score is lower, indicating some vulnerabilities, overall, Danske Bank A/S appears well-positioned to deliver value to investors in the long run. As a prominent Danish banking group with a diverse range of financial services, including banking, insurance, and asset management, Danske Bank serves a broad customer base globally, spanning from private individuals to corporate clients and institutions.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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