Posts Tagged ‘ results ’

Danske Q3 disappoints, but FY15 target maintained

Oct 30th, 2015
Danske EntranceAPP

Danske Bank announced third quarter pre-tax profits of Dkr4.7bn (Eu630m) yesterday (Thursday), 9% below consensus expectations on the back of negative interest rates in Denmark and low activity, although the bank maintained its net profit guidance for the full year.

Rate cuts stymie Swedish third quarter profits, but positives seen

Oct 23rd, 2015

Third quarter results of the big four Swedish banks came in below consensus expectations this week, with the impact of persistently low interest rates on net interest income (NII) and weak capital markets cited as contributing to the weaker than expected performance.

Net items lift Swedish bank results, Nordea NII less resilient

May 1st, 2015

Nordea and Svenska Handelsbanken first quarter results announced on Wednesday echoed those with which SEB kicked off the Nordic bank reporting season the previous Thursday, showing strong net financial items, although Nordea fell behind its peers on net interest income (NII) that for SEB and Handelsbanken proved resilient.

Danske raises forecast, Sydbank, Jyske report

Oct 31st, 2014

Danske Bank made pre-tax profits of Dkr4.5bn (Eu605m) in the third quarter, 6% ahead of consensus expectations, and raised its outlook for the full year from Dkr10bn-Dkr13bn to Dkr11.5bn-Dkr13.5bn.

Swedish trends encourage, but Nordea miss, DNB outperform

Oct 24th, 2014

A solid start to the Nordic third quarter bank reporting season from Swedbank on Tuesday was built on by Handelsbanken and SEB, but Nordea fell short of consensus expectations, while in Norway DNB beat forecasts.

Jyske H1 results boosted by BRFkredit merger

Aug 21st, 2014
Anders Dam. Jyske Bank.

Jyske Bank Group reported Dkr2.8bn (Eu376m) of pre-tax profit for the second half of 2014 on Tuesday, its largest profit ever, although the figures are the first since the merger with BRFkredit in April, which contributed nearly Dkr2.4bn in one-off income to the result.

Danske beats expectations but pares down full year guidance

Aug 1st, 2013
Eivind Kolding Danske

Danske Bank’s second quarter results announced today (Thursday) beat expectations but the bank lowered its guidance for the full year. The Danish lender reported after a slew of results from other major Nordic banks in July.

DNB kicks off Nordic reporting, Nkr5.2bn profit beats consensus

Jul 11th, 2013
Rune Bjerke image

Norway’s DNB kicked off the Nordic reporting season today (Thursday), posting second quarter pre-tax profits that beat consensus expectations as the bank benefitted from raising lending rates and improved deposit margins.