Latest news with #DanskeBank
Yahoo
21-07-2025
- Business
- Yahoo
Danske Bank share buy-back programme: transactions in week 29
Company announcement no. 34 2025Danske BankBernstorffsgade 40DK-1577 København VTel. + 45 33 44 00 0021 July 2025Page 1 of 1Danske Bank share buy-back programme: transactions in week 29On 7 February 2025, Danske Bank A/S announced a share buy-back programme for a total of DKK 5 billion, with a maximum of 45,000,000 shares, in the period from 10 February 2025 to 30 January 2026, at the latest, as described in company announcement no. 6 2025. The Programme is carried out in accordance with Article 5 of Regulation (EU) No 596/2014 of the European Parliament and Council of 16 April 2014 (the "Market Abuse Regulation") and the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 (together with the Market Abuse Regulation, the "Safe Harbour Rules"). The following transactions on Nasdaq Copenhagen A/S were made under the share buy-back programme in week 29: Number of shares VWAP DKK Gross value DKK Accumulated, last announcement 8,482,830 234.6883 1,990,821,369 14 July 2025 103,147 258.1543 26,627,842 15 July 2025 97,316 256.5786 24,969,203 16 July 2025 95,525 256.6734 24,518,727 17 July 2025 139,946 254.1745 35,570,705 18 July 2025 200,000 254.3732 50,874,640 Total accumulated over week 29 635,934 255.6258 162,561,116 Total accumulated during the share buyback programme 9,118,764 236.1485 2,153,382,484With the transactions stated above, the total accumulated number of own shares under the share buy-back programme corresponds to 1.092% of Danske Bank A/S' share BankContact: Claus Ingar Jensen, Head of Group Investor Relations, tel. +45 25 42 43 70 Attachment Danske Bank Company announcement UK Weekly SBB announcement Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
20-07-2025
- Business
- Business Insider
Danske Bank (0NVC) Receives a Buy from Kepler Capital
In a report released on July 18, Markus Sandgren from Kepler Capital maintained a Buy rating on Danske Bank, with a price target of DKK245.00. The company's shares closed last Friday at DKK254.74. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Sandgren is a 3-star analyst with an average return of 2.5% and a 78.05% success rate. Sandgren covers the Financial sector, focusing on stocks such as Svenska Handelsbanken AB, Collector AB, and Skandinaviska Enskilda Banken AB. Danske Bank has an analyst consensus of Moderate Buy, with a price target consensus of DKK274.70, a 7.83% upside from current levels. In a report released on July 18, Morgan Stanley also maintained a Buy rating on the stock with a DKK297.00 price target. The company has a one-year high of DKK266.00 and a one-year low of DKK177.25. Currently, Danske Bank has an average volume of 240.1K.
Yahoo
19-07-2025
- Business
- Yahoo
Danske Bank cards working again after glitch
Danske Bank has apologised for a "technical issue" that affected their debit cards in Northern Ireland on Saturday evening. One Danske Bank customer from Dundonald contacted BBC News NI to say he could not use his bank card to withdraw cash, neither from an ATM nor a post office. He also said his card did not work when he tried to pay for groceries. At about 21:45 BST, a spokesperson for Danske said the bank's debit cards were "now back to being fully operational". "We'd like to thank our customers for their patience while this issue was being resolved," they added. "We apologise again for any inconvenience caused."
BBC News
19-07-2025
- Business
- BBC News
Danske Bank: Company apologises over problem with debit cards
Danske Bank has apologised for a "technical issue" that affected their debit cards in Northern Ireland on Saturday Danske Bank customer from Dundonald contacted BBC News NI to say he could not use his bank card to withdraw cash, neither from an ATM nor a post office. He also said his card did not work when he tried to pay for about 21:45 BST, a spokesperson for Danske said the bank's debit cards were "now back to being fully operational". "We'd like to thank our customers for their patience while this issue was being resolved," they added. "We apologise again for any inconvenience caused."
Yahoo
19-07-2025
- Business
- Yahoo
Danske Bank AS (DNKEY) Q2 2025 Earnings Call Highlights: Navigating Challenges with Strategic Growth
Net Profit: DKK11.2 billion for the first half of 2025, down 2% year on year. Return on Shareholders' Equity: 13% for the first half of 2025. Lending Growth: Up 5% compared to last year. Deposit Growth: Increased by 3% in the first half of 2025. Cost-to-Income Ratio: 45.4%, progressing towards 2026 targets. Net Interest Income (NII): Stable year-on-year and quarter-on-quarter. Fee Income: Down 7% in Q2 compared to Q1, but stable year-on-year. Trading Income: Increased 26% from the same period last year. Operating Expenses: In line with full-year guidance of up to DKK26 billion. Loan Impairment Charges: DKK0.3 billion for the first half, below full-year guidance of DKK1 billion. CET1 Ratio: Increased to 18.7% at the end of Q2 2025. Assets Under Management (AUM): Grew 3% in Q2 relative to the preceding quarter. Warning! GuruFocus has detected 6 Warning Sign with DNKEY. Release Date: July 18, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Danske Bank AS (DNKEY) reported a net profit of DKK11.2 billion, achieving a return on shareholders' equity of 13%, which aligns with their financial targets for 2026. The bank experienced a 5% increase in lending, particularly driven by corporate customers, contributing to an improved market share for corporate lending across all Nordic countries. Deposits grew by 3% in the first half of 2025, with significant contributions from large corporate and retail business sectors. The bank's strategic focus on expanding its cash management business and investing in technology aligns with its FORWARD 28 strategy, supporting long-term growth. Credit quality remained strong, with loan impairment charges well below the cycle, maintaining a positive outlook for the full year. Negative Points Net profit was down 2% year-on-year, primarily due to lower net income from the insurance business and higher loan impairment charges. Fee income was softer than expected, impacted by reduced investment activity and lower refinancing activity in the mortgage sector. Operating expenses remained stable, but there was a slight increase in costs related to financial crime prevention. The macroeconomic environment, despite being generally favorable, still posed challenges with geopolitical uncertainties affecting consumer and business sentiment. The bank's net interest income (NII) faced pressure from rate cuts, although partially mitigated by increased volumes and structural hedging. Q & A Highlights Q: The fee income was relatively soft this quarter. How should we think about the fee income for the coming quarters? Do you see scope for recovery in asset management activity or advisory in the second half of the year? A: Carsten Rasch Egeriis, CEO: The fee income was softer than expected, mainly due to investment side challenges in April and lower lending fees from refinancing activities. However, AUMs ended at a record high, and we see good momentum on the investment side. We expect more activity in capital markets in the second half, with a solid pipeline, especially in advisory and capital market fees. Q: Can you remind us of your latest thoughts on capital allocation, particularly regarding dividends, buybacks, or M&A? A: Carsten Rasch Egeriis, CEO: We continue to generate healthy capital with a strong CET1 ratio of 18.7%. Our focus remains on distributing in-year earnings, and we will update our capital distribution strategy in Q1 next year. Our priority is to grow our business, and we will consider potential capital distribution if growth does not meet expectations. Q: On your guidance, the numbers are the same, but it seems there's a shift towards higher NII and lower fees. Is that fair? A: Carsten Rasch Egeriis, CEO: Yes, we adjusted the guidance wording due to weaker Q2 fees. Despite this, we remain positive about our strategy and fee opportunities. We continue to feel good about the NII trajectory, expecting it to be above DKK35 billion, supported by strong volume growth and structural hedges. Q: Can you explain the increase in NII sensitivity for downward rate movements? A: Cecile Hillary, CFO: The sensitivity increase to minus DKK650 million for a 25 basis points decrease is due to approaching the zero bound, reducing our ability to pass rate changes to deposits. Additionally, minor changes in sensitivity for rate increases and adjustments in our deposit bond hedge contribute to this. Q: What are your views on the competitive dynamics in Denmark, especially with the CRR3 output floors not applying to Danish subsidiaries? A: Carsten Rasch Egeriis, CEO: We have already front-loaded the CRR3 impact, and I don't foresee changes in competitive dynamics. Historically, Denmark's early adoption created some unlevel playing fields, but we've navigated through it. We continue to monitor regulatory developments, especially concerning European competitiveness and simplification. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
