DANSKE.CO - Danske Bank A/S
| Previous close | 142.70 |
| Open | 143.25 |
| Bid | 143.55 x 0 |
| Ask | 143.90 x 0 |
| Day's range | 141.65 - 144.05 |
| 52-week range | 86.84 - 165.35 |
| Volume | |
| Avg. volume | 1,845,690 |
| Market cap | 123.212B |
| Beta (5Y monthly) | 0.96 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -3.23 |
| Earnings date | 21 Jul 2023 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | 18 Mar 2022 |
| 1y target est | 178.83 |
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ReutersDanske Bank expects income growth as interest rates rise
COPENHAGEN (Reuters) -Danske Bank reported a sharp rise in first-quarter results on Friday helped by rising interest rates and said it expected growth in core income streams this year despite turmoil in global financial markets. "Global uncertainty remains high with new events adding to the haze in the first quarter," Chief Executive Carsten Egeriis said in a statement, referring to the failure of U.S. Silicon Valley Bank and the shotgun merger of Swiss banks UBS and Credit Suisse last month. Danske's net profit for the January-March quarter rose to 5.2 billion Danish crowns ($768.05 million) from 2.8 billion a year earlier, broadly in line with the 5.1 billion it had reported in a preliminary filing on April 13.
Globe NewswireStrong start to the year driven by progress across the business and strong credit quality in volatile environment. Net profit of DKK 5.2 billion for the first quarter of 2023
Press release Holmens Kanal 2 – 12DK-1092 København KTel. +45 45 14 14 0028 April 2023 Strong start to the year driven by progress across the business and strong credit quality in volatile environmentNet profit of DKK 5.2 billion for the first quarter of 2023 Carsten Egeriis, Chief Executive Officer, comments on the financial results: “In the first three months of the year we saw continually good customer activity across our business and a further improvement in the trend for the inflow of perso
- Reuters
Estonia charges six ex-Danske Bank branch staff in money laundering case
VILNIUS (Reuters) -Estonia's state prosecutor said on Monday she had charged six people with laundering at least $1.6 billion and 6 million euros ($6.58 million) at the now-defunct Estonian office of Danske Bank, Denmark's largest lender. The operations in Estonia became the focus of a massive money laundering scandal after it was discovered some 200 billion euros ($219.5 billion) in suspicious payments flowed through the non-resident portfolio of the tiny branch between 2007 and 2015. The six former employees of the branch intentionally concealed the real owners of funds of suspected criminal origin, which were transferred into accounts at Danske during 2007-2015, state prosecutor Maria Entsik said.
ReutersDanske Bank raises profit outlook
Danske Bank, Denmark's largest lender, on Thursday raised its full-year profit outlook as a result of rising interest rates and high trading income. The bank now expects a net profit of between 16.5 billion and 18.5 billion Danish crowns ($2.45 billion to $2.74 billion) for the full year, up from an earlier estimate of between 15 billion and 17 billion crowns. "The strong financial result benefited from the improved interest rate environment and high trading income driven by good customer activity at Large Corporates & Institutions," Chief Executive Carsten Egeriis said in a statement.
- Globe Newswire
Danske Bank A/S revises 2023 net profit outlook upwards. Now expects a net profit of DKK 16.5-18.5 billion
Company announcement no 3 2023 Danske Bank A/SHolmens Kanal 2 – 12DK - 1092 København KTel. +45 45 14 00 00 13 April 2023 Danske Bank A/S revises 2023 net profit outlook upwards. Now expects a net profit of DKK 16.5-18.5 billion The outlook for 2023 is revised upwards to a net profit in the range of DKK 16.5-18.5 billion. At the release of our 2022 financial results on 2 February this year, we initially guided for a full-year 2023 net profit in the range of DKK 15-17 billion. “Following a turbul
- Globe Newswire
Danske Bank A/S, transactions by persons discharging managerial responsibilities
24 March 2023 Notification no. 3/2023 Transactions made by persons obliged to report transactions to the Danish FSA and Nasdaq Copenhagen, cf. the EU Market Abuse Regulation. For further details, please find the attached template for notifications and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them. Contact: Stefan Singh Kailay, Head of Media Relations, tel. +45 45 14 14 00 Attachment Appendix - Raija-Leena Hankonen-Ny
- Globe Newswire
Annual general meeting of Danske Bank 2023
Company announcement no 2 2023 Danske Bank A/SHolmens Kanal 2 – 12DK - 1092 København KTel. +45 45 14 00 00 16 March 2023 At the annual general meeting of Danske Bank on Thursday, 16 March 2023, the general meeting adopted the Annual Report 2022 and the proposal for cover of loss according to the adopted Annual Report 2022,approved the Board of Directors’ proposed Remuneration Report 2022 by advisory vote,re-elected Martin Blessing, Jan Thorsgaard Nielsen, Lars-Erik Brenøe, Jacob Dahl, Raija-Lee
- Globe Newswire
Annual general meeting of Danske Bank A/S
Company announcement no 1 2023 Danske Bank A/SHolmens Kanal 2 – 12DK - 1092 København KTel. +45 45 14 00 00 17 February 2023 Annual general meeting of Danske Bank A/SDanske Bank A/S will hold its annual general meeting on Thursday 16 March 2023 at 3.00pm (CET). The annual general meeting will be held as a partly electronic general meeting with the possibility of attending in person or electronically. Please find attached the agenda and complete proposals. Danske Bank Board of Directors Contact:
- Globe Newswire
Customer activity remained good, and progress in core banking activities in a challenging operating environment. Net loss of DKK 5.1 billion and return on equity of -3.1% for the year
Press release Danske BankHolmens Kanal 2 – 12DK-1092 København KTel. +45 45 14 14 002 February 2023 Customer activity remained good, and progress in core banking activities in a challenging operating environmentFurther progress on the sustainability agenda with ambitious sustainable finance targets and clear commitment to green transition Net loss of DKK 5.1 billion and return on equity of -3.1% for the year Danske Bank has announced its financial results for 2022. Carsten Egeriis, Chief Executi
ReutersU.S. judge accepts Danske Bank guilty plea in $2 billion pact to end Estonia probe
A U.S. judge on Thursday accepted Danske Bank's guilty plea to a bank fraud conspiracy charge and agreement to pay more than $2 billion to end probes into anti-money laundering failures in a now-shuttered branch in Estonia. U.S. District Judge Naomi Reice Buchwald accepted the plea at a hearing in Manhattan federal court, with Danske's senior general counsel in attendance. The $2.06 billion payout by Denmark's largest bank includes $1.21 billion to the U.S. government, $178.6 million to the U.S. Securities and Exchange Commission and a criminal fine of $672.3 million to Danish authorities, court records showed.
- Investing.com
Danske Bank rises after agreeing $2 billion U.S. money-laundering fine
By Geoffrey Smith
- Globe Newswire
Danske Bank reaches coordinated resolutions with the US and Danish authorities regarding the Estonia matter
Company announcement no 18 2022 Danske Bank A/SHolmens Kanal 2 – 12DK - 1092 København KTel. +45 45 14 00 00 13 December 2022 This company announcement replaces company announcement no. 16 of 13 December 2022 to include an updated quote from the Chairman of the Board of Directors, Martin Blessing. Danske Bank has reached final coordinated resolutions with the US Department of Justice (DoJ), the US Securities and Exchange Commission (SEC) and the Danish Special Crime Unit (SCU) following the inve
- Globe Newswire
SEC has filed a complaint with a US District Court
Company announcement no 17 2022 Danske Bank A/SHolmens Kanal 2 – 12DK - 1092 København KTel. +45 45 14 00 00 13 December 2022 As mentioned in our company announcement no. 16 of 13 December 2022, the US Securities and Exchange Commission (SEC) will file a complaint against the bank in a civil securities fraud action. This complaint has now been filed and is awaiting entry of the agreed final judgment in accordance with the written consent of Danske Bank. The complaint filed is unchanged from the
ReutersDanske Bank pleads guilty to resolve long-running Estonia money-laundering probe
WASHINGTON (Reuters) -Danske Bank pleaded guilty to bank fraud conspiracy on Tuesday and agreed to forfeit $2 billion as part of an agreement with the United States to settle a long-running investigation involving billions of dollars in illicit payments. The accord with the Justice Department marks the first time the United States has taken action against Denmark's biggest bank in what has become one of the world's biggest money-laundering scandals. It follows a lengthy investigation into Danske's conduct across multiple countries after the bank's now-shuttered Estonia branch allowed some 200 billion euros ($212 billion) in funds from high-risk clients in Russia and other countries to flow through the U.S. financial system.
ReutersDanske Bank books $1.9 billion provision in Estonia case
Danske Bank on Thursday booked a 14 billion Danish crown ($1.89 billion) provision, edging closer to a long-awaited settlement with authorities over its involvement in one of the world's biggest money laundering scandals. Danske said discussions with authorities, namely the U.S. Department of Justice and the Securities and Exchange Commission (SEC) as well as the Danish Special Crime Unit, were ongoing and there was no certainty regarding the outcome. "The discussions with U.S. and Danish authorities related to the Estonia matter are now at a stage where Danske Bank can reliably estimate the total financial impact of a potential coordinated resolution," CEO Carsten Egeriis said.
- Globe Newswire
Danske Bank books an additional provision of DKK 14bn related to the Estonia matter, which significantly impacted the financial result for Q1-Q3 of 2022. Core banking activities remain strong in a challenging operating environment.
Company announcement no 15 2022 Holmens Kanal 2 – 12DK-1092 København KTel. +45 45 14 14 0027 October 2022 Danske Bank books an additional provision of DKK 14 billion related to the Estonia matter, which significantly impacted the financial result for the first nine months of 2022. Core banking activities remain strong in a challenging operating environmentNet loss of DKK 9.2 billion and return on equity of -7.4% Carsten Egeriis, Chief Executive Officer, comments on the Estonia matter: “The disc
- Globe Newswire
Merger of MobilePay and Vipps approved by all relevant authorities
Company announcement no 14 2022 Danske Bank A/SHolmens Kanal 2-12DK-1092 København KTel. +45 45 14 14 0021 October 2022 Merger of MobilePay and Vipps approved by all relevant authorities The agreement between Danske Bank and the consortium of banks behind Vipps to merge MobilePay and Vipps has been approved by all relevant authorities, including the EU Commission. The parties expect to complete the transaction during the fourth quarter of 2022. The merger was announced in a company announcement
- Globe Newswire
Change of ownership in merger of mobile payment providers
Press release Holmens Kanal 2 – 12DK-1092 København KTel. +45 45 14 00 0016 September 2022 Change of ownership in merger of mobile payment providersFollowing a dialogue with the European Commission’s Directorate-General for Competition, the owner banks behind the planned merger of the three mobile payment providers MobilePay, Vipps and Pivo have reached the decision that OP Financial Group in Finland will not be a co-owner and that Pivo will not be part of the merger. Towards the end of the seco
- Globe Newswire
Form 8.3 - GB Group PLC
FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Full name of discloser:Danske Bank A/S(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.Danske Bank A/S(c) Name of offeror/offe
- Globe Newswire
Danske Bank presents solution for its debt collection customers and sets the debt of approximately 90,000 debt collection customers to zero
Company announcement no 13 2022 Danske Bank A/SHolmens Kanal 2 – 12DK - 1092 København KTel. +45 45 14 00 00 31 August 2022 Danske Bank presents solution for its debt collection customers and sets the debt of approximately 90,000 debt collection customers to zero Since Danske Bank’s Executive Leadership Team in 2019 became aware of the systemic nature of the errors in the bank’s debt collection systems, we have worked intensely to find a solution to the problems and compensate the affected custo
BloombergDanish Economy Shows Unexpected Strength to Avoid Recession
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- Globe Newswire
Company calendar 2023 for Danske Bank A/S
Company announcement no. 12 2022 Holmens Kanal 2 – 12DK-1092 København KTel. +45 45 14 14 0022 July 2022 Company calendar 2023 for Danske Bank A/S Annual Report 20222 February 2023Annual general meeting16 March 2023Interim report – first quarter 202328 April 2023Interim report – first half 202321 July 2023Interim report – first nine months 202327 October 2023 The financial results are expected to be released at 07:30am (CET) on the dates indicated. Immediately after the release of the results, t
ReutersDanske Bank axes dividends again over Estonia case
Danske Bank will not pay 2021 dividends tied to second quarter results as it is still in discussions with Danish and U.S. authorities over involvement in a money laundering scandal in Estonia, the bank said on Friday. "The board of directors has decided that Danske Bank will not pay out dividends for 2021 in connection with the announcement of the interim report for the second quarter of 2022," the Danish lender said.