Streetbeat News

DNKEY

Danske Bank AS

https://danskebank.dk/

CEO

Chris Vogelzang

Industry

Monetary Authorities-Central Bank

Open

13.94

Mkt cap

24B

Volume

High

14.19

P/E Ratio

7.36

52-wk high

16.23

Low

13.94

Div yield

0.07

52-wk low

12.71

Danske Bank has strong fundamentals and offers a 7.5% forward dividend yield, but its profitability is declining, limiting its growth potential. The recommendation has shifted from 'Buy' to 'Hold'.

Portfolio Pulse from

November 24, 2024 | 3:00 am

Danske Bank A/S reported transactions by persons with managerial responsibilities, as required by the Danish FSA and Nasdaq Copenhagen.

Portfolio Pulse from

November 08, 2024 | 1:00 pm

Danske Bank reported a 17.78% increase in Q3 EPS to $0.53 and a 6.99% increase in sales to $2.04 billion compared to the same period last year.

Portfolio Pulse from totan@benzinga.com

October 31, 2024 | 9:53 am

Cevian Capital AB has invested in UBS Group AG, acquiring about 1.3% of the bank, with the aim of challenging Morgan Stanley's position in wealth management. Cevian's €1.2 billion investment is based on the belief that UBS can double its share price in the next 2-3 years, especially after the acquisition of Credit Suisse. UBS's shares have risen by 50% since the Credit Suisse rescue announcement, and the bank is expected to reveal more about its strategy in February. Cevian's investment history includes stakes in Danske Bank, Swedbank, and a board position in Nordea Bank.

Portfolio Pulse from Shivani Kumaresan

December 19, 2023 | 1:15 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.