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Danske Bank A/S DANSKE

Morningstar Rating
DKK 203.30 +1.60 (0.79%)
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Company Report

Danske Emerging From Money-Laundering Case in Estonia With a Good Strategic Focus

Danske has been through a tumultuous decade, which saw it settle a USD 2 billion lawsuit with the U.S. Department of Justice, left the Baltic countries, refocused on the Nordics, and reduced its exposure to oil and gas borrowers. The bank, which emerged from the tumultuous decade, is finding its footing again supported by a clear strategic focus. As a result, profitability has increased, despite inflated costs due to higher expenses related to improved anti-money-laundering processes.

Price vs Fair Value

DANSKE is trading at a 13% discount.
Price
DKK 201.70
Fair Value
DKK 785.00
Uncertainty
Medium
1-Star Price
DKK 491.51
5-Star Price
DKK 957.50
Economic Moat
Bzypvm
Capital Allocation
Kkspyshv

Bulls Say, Bears Say

Bulls

Danske has turned the page on its anti-money-laundering issue, which should allow for a greater focus on profitability.

Bears

After years of cost inflation from higher anti-money-laundering processes costs, the bank is lagging Nordic peers in operational efficiency.

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News

Trading Information

Previous Close Price
DKK 201.70
Day Range
DKK 202.00206.30
52-Week Range
DKK 135.15211.50
Bid/Ask
DKK 203.30 / DKK 203.50
Market Cap
DKK 173.94 Bil
Volume/Avg
1.0 Mil / 1.4 Mil

Key Statistics

Price/Earnings (Normalized)
8.45
Price/Sales
3.12
Dividend Yield (Trailing)
7.05%
Dividend Yield (Forward)
7.05%
Total Yield
7.05%

Company Profile

Founded in 1871, Danske Bank's headquarters are in Copenhagen, Denmark. It is the largest Danish bank with a dominant market share of 24% in lending and 27% in deposits. It operates through 144 branches in Denmark, Finland, Sweden, Norway, and Northern Ireland.
Sector
Financial Services
Industry
Banks - Regional
Stock Style Box
Large Core
Total Number of Employees
20,021

Competitors

Valuation

Metric
DANSKE
SHB A
NDA SE
Price/Earnings (Normalized)
8.457.756.58
Price/Book Value
1.001.061.31
Price/Sales
3.123.493.32
Price/Cash Flow
5.787.013.62
Price/Earnings
DANSKE
SHB A
NDA SE

Financial Strength

Metric
DANSKE
SHB A
NDA SE
Quick Ratio
Current Ratio
Interest Coverage
Quick Ratio
No chart available

Profitability

Metric
DANSKE
SHB A
NDA SE
Return on Assets (Normalized)
0.59%0.77%0.87%
Return on Equity (Normalized)
13.23%14.11%17.88%
Return on Invested Capital (Normalized)
Return on Assets
DANSKE
SHB A
NDA SE
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