- Danske Bank has boosted its forecast for full-year net income.
- The new net income forecast is between DKK 21 billion and DKK 23 billion.
- The previous forecast was between DKK 20 billion and DKK 22 billion.
- The current market estimate for net income is DKK 21.31 billion.
- For financial targets for 2026, Danske Bank assumes loan impairment charges of approximately 8 basis points through the cycle.
- The outlook for 2024’s net profit has been revised upwards to a range of DKK 21 billion to DKK 23 billion.
- Shares of Danske Bank have risen by 2.4% to DKK 213.30.
- A total of 421,175 shares were traded.
- Current analyst ratings: 16 buys, 5 holds, and 2 sells.
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A look at Danske Bank A/S Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 5 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 3 | |
| 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
Optimism surrounds the long-term prospects of Danske Bank A/S as indicated by its Smart Scores across various key factors. The company received high ratings in Value, Dividend, and Growth, reflecting strong fundamentals and potential for future profitability and returns. With a focus on providing financial services to a diverse range of customers globally, Danske Bank is positioned well for sustained growth and value creation.
Despite solid performances in Value, Dividend, and Growth, Danske Bank A/S faces some challenges in terms of Resilience and Momentum, with lower scores in these areas. These factors suggest a need for the company to enhance its ability to withstand economic fluctuations and to boost its momentum for sustained growth and market performance. Overall, the diversified business lines and global reach of Danske Bank provide a solid foundation for long-term success, with opportunities to strengthen resilience and momentum for enhanced performance in the future.
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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