- Jyske Bank projects its full-year earnings per share (EPS) to be between DKK 75 and DKK 80.
- The previous forecast for EPS was at the high end of DKK 64 to DKK 76, with an estimate of DKK 79.37.
- Expected net income is revised to a range of DKK 5 billion to DKK 5.3 billion, compared to the previous outlook of DKK 4.3 billion to DKK 5.1 billion, with an estimate of DKK 5.05 billion.
- Preliminary third-quarter net income exceeded DKK 1.4 billion, surpassing the estimate of DKK 1.33 billion.
- The bank attributes these upgrades to favorable financial markets and declining market rates, which resulted in significant value adjustments in the third quarter.
- Jyske Bank reports that its credit quality remained solid, with loan impairment charges contributing to income during the quarter.
- Investment sentiment for Jyske Bank includes 5 buy recommendations, 1 hold, and 1 sell.
A look at Jyske Bank A/S Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.4 |
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
Analysts are optimistic about the long-term outlook for Jyske Bank A/S, a Danish banking group that offers a wide range of financial services. According to Smartkarma Smart Scores, which rate companies on various factors, Jyske Bank A/S has strong scores in Value, Growth, and Dividend. This indicates that the company is perceived favorably in terms of its valuation, potential for growth, and dividend payouts. However, its scores for Resilience and Momentum are lower, suggesting some areas of concern in terms of withstanding economic challenges and maintaining market momentum.
Jyske Bank A/S serves a diverse client base, including private individuals, corporations, and the public sector. With a focus on banking, insurance, mortgage, asset management, brokerage, and leasing services, the company has established itself as a key player in the Danish financial sector. Investors may view the company positively overall, considering its strong Value and Growth scores, but should also be mindful of the Resilience and Momentum scores as potential areas for further analysis and monitoring.
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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