2026 Q3 - tulosraportti
UUTTA
3 päivää sitten
‧59 min
6,14 DKK/osake
Viimeisin osinko
4,91%Tuotto/v
Tarjoustasot
Määrä
Osto
-
Myynti
Määrä
-
Viimeisimmät kaupat
| Aika | Hinta | Määrä |
|---|---|---|
| 646 | ||
| 68 | ||
| 425 | ||
| 451 | ||
| 474 |
Huomioi, että vaikka osakkeisiin säästäminen on pitkällä aikavälillä tuottanut hyvin, tulevasta tuotosta ei ole takeita. On olemassa riski, että et saa sijoittamiasi varoja takaisin.
Rahastoja ja ETF:iä jotka omistavat osaketta
Asiakkaat katsoivat myös
Yhtiötapahtumat
Datan lähde: Quartr| Seuraava tapahtuma | |
|---|---|
2026 Q4 - tulosraportti 4.2.2027 |
| Menneet tapahtumat | ||
|---|---|---|
2026 Q3 - tulosraportti 29.10. | ||
2026 Q2 - tulosraportti 17.7. | ||
2026 Q1 - tulosraportti 30.4. | ||
2025 Q4 - tulosraportti 5.2. | ||
2025 Q3 - tulosraportti 31.10.2025 |
Tämän sivun uutiset ja/tai sijoitussuositukset tai otteet niistä sekä niihin liittyvät linkit ovat mainitun tahon tuottamia ja toimittamia. Nordnet ei ole osallistunut materiaalin laatimiseen, eikä ole tarkistanut sen sisältöä tai tehnyt sisältöön muutoksia. Lue lisää sijoitussuosituksista.
Foorumi
Liity keskusteluun Nordnet Socialissa
·21 t sittenQ3 BANK REPORTS – WHAT TRENDS CAN BE SPOTTED? This is neither a recommendation nor a complete analysis – rather just some observations based on the released Q3 bank reports for Danske Bank, Nordea, Jyske Bank, and Skjern Bank. These observations are made at a time when tech stocks are falling sharply – and the doomsday prophets have started to show up. I may well have an opinion on this dimension, but it is no more qualified than your own, so the below is solely based on the Q3 reports of the mentioned banks. Despite all market participants emphasizing the fierce competition among banks at the moment (and I have no basis to doubt this), it surprisingly appears that net interest income has bottomed out for this time. Danske Bank's net interest income is all-time high, Skjern Bank has historically only had one quarter that was better (Q4 2023), while the turnaround is also clear at Jyske Bank. Nordea's development is lagging slightly behind, but the turnaround has happened. With continued rising lending (though stagnating at Jyske Bank), it must be expected that the coming quarters will be quite favorable for us bank investors on the top line of the income statement. The interest rate hike that has already taken place is expected to begin impacting more strongly in the coming time. Note, by the way, that the analysis published by Danske Bank last Thursday on SJF Bank (which prompted a nice increase for SJF Bank) incorporates an estimate with an increase in net interest income of 23.7% from 2026 to 2027. We naturally cannot use isolated analyses to draw conclusions on the entire industry – but I believe there is consensus on higher top lines. Here it is worth noting a single relationship: While high interest rates are intuitively favorable for the result, the movement from low interest rates to high interest rates costs in the banks' income statements. The banks' fair value adjustments of interest-bearing assets thus count heavily downward in a quarter where interest rates have been rising. For Jyske Bank, fair value adjustments have "costed" approx. 300 million DKK on the result in Q3 2026 compared to Q2 2026 or Q3 2025. This is thus not an insignificant factor when the total profit of 1,727 million DKK for Q3 is evaluated. Although the value adjustment is real enough, it is one of the factors that I would like to have normalized in my calculations of expected future earnings. As you might know, one of my favorite topics is management judgment ("post-model adjustments"), which the managements of the Danish banks have approached completely differently – and not surprisingly, as the concept itself is airy. It is the dummy variable that managements have to adjust for Corona, Ukraine, agricultural packages, or... As an analyst (and auditor) and investor, it is frustrating that this opportunity is given without us getting further insight into how the amount is determined. Furthermore, we typically really have to scrutinize the reports to get the figure established. Currently, Jyske Bank has e.g. in Q3 provisioned an additional 119 million DKK for losses in "post-model adjustments" with the justification "reflecting among other things, risks involved in the expected economic development". This is not an accusation against Jyske Bank, as they are neither worse nor better than the other banks, but it is again clear that management judgment is a black box for us investors and owners. However, in my attempt to deduce a normalized earnings for Jyske Bank, I can conclude once again that I need to adjust for the 119 million DKK in Q3. So when I adjust for fair value adjustments and the increased loss provision as a result of management judgments, I will actually be almost disappointed if the profit before tax in Q4 does not exceed 2 billion DKK. "All else being equal" (and I know this is a violent assumption in a changing world), I look forward with confidence to the coming quarters as a bank investor.
·1 päivä sittenwhat happened to the 453 kr. target price
·1 päivä sittenDanske Bank has fallen 10% over the past month despite delivering an earnings report above expectations. Furthermore, UBS today raised its price target to 445 and recommends "buy". That it then drops 3% doesn't make much sense.
Doesn't matter, bought it for the dividend, my price will yield approx 7.3% ..that's ok..
·2 päivää sitten · MuokattuOne has to wonder about both domestic and foreign investors. They are happy to send Jyske Bank and AL Sydbank up, and yesterday Al Sydbank rose twice as much as DB. Today DB falls so sharply that it is both illogical and goes against what a stock market ought to value. Instead, equity trading has partly become illogical and driven by irrational hopes. Well, maybe it will find more peace when the wrecker is reined in. Hope springs eternal.
Strange that it's falling, other banks are falling too, but I feel like danske tends to fall a bit more. I think the key figures look great compared to the other banks.
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Nordnet Socialin käyttäjiltä, eikä niitä ole muokattu eikä Nordnet ole tarkastanut niitä etukäteen. Ne eivät tarkoita, että Nordnet tarjoaisi sijoitusneuvoja tai sijoitussuosituksia. Nordnet ei ota vastuuta kommenteista.
Tuotteita joiden kohde-etuutena tämä arvopaperi
Välittäjätilasto
Dataa ei löytynyt
2026 Q3 - tulosraportti
UUTTA
3 päivää sitten
‧59 min
6,14 DKK/osake
Viimeisin osinko
4,91%Tuotto/v
Tämän sivun uutiset ja/tai sijoitussuositukset tai otteet niistä sekä niihin liittyvät linkit ovat mainitun tahon tuottamia ja toimittamia. Nordnet ei ole osallistunut materiaalin laatimiseen, eikä ole tarkistanut sen sisältöä tai tehnyt sisältöön muutoksia. Lue lisää sijoitussuosituksista.
Foorumi
Liity keskusteluun Nordnet Socialissa
- ·21 t sittenQ3 BANK REPORTS – WHAT TRENDS CAN BE SPOTTED? This is neither a recommendation nor a complete analysis – rather just some observations based on the released Q3 bank reports for Danske Bank, Nordea, Jyske Bank, and Skjern Bank. These observations are made at a time when tech stocks are falling sharply – and the doomsday prophets have started to show up. I may well have an opinion on this dimension, but it is no more qualified than your own, so the below is solely based on the Q3 reports of the mentioned banks. Despite all market participants emphasizing the fierce competition among banks at the moment (and I have no basis to doubt this), it surprisingly appears that net interest income has bottomed out for this time. Danske Bank's net interest income is all-time high, Skjern Bank has historically only had one quarter that was better (Q4 2023), while the turnaround is also clear at Jyske Bank. Nordea's development is lagging slightly behind, but the turnaround has happened. With continued rising lending (though stagnating at Jyske Bank), it must be expected that the coming quarters will be quite favorable for us bank investors on the top line of the income statement. The interest rate hike that has already taken place is expected to begin impacting more strongly in the coming time. Note, by the way, that the analysis published by Danske Bank last Thursday on SJF Bank (which prompted a nice increase for SJF Bank) incorporates an estimate with an increase in net interest income of 23.7% from 2026 to 2027. We naturally cannot use isolated analyses to draw conclusions on the entire industry – but I believe there is consensus on higher top lines. Here it is worth noting a single relationship: While high interest rates are intuitively favorable for the result, the movement from low interest rates to high interest rates costs in the banks' income statements. The banks' fair value adjustments of interest-bearing assets thus count heavily downward in a quarter where interest rates have been rising. For Jyske Bank, fair value adjustments have "costed" approx. 300 million DKK on the result in Q3 2026 compared to Q2 2026 or Q3 2025. This is thus not an insignificant factor when the total profit of 1,727 million DKK for Q3 is evaluated. Although the value adjustment is real enough, it is one of the factors that I would like to have normalized in my calculations of expected future earnings. As you might know, one of my favorite topics is management judgment ("post-model adjustments"), which the managements of the Danish banks have approached completely differently – and not surprisingly, as the concept itself is airy. It is the dummy variable that managements have to adjust for Corona, Ukraine, agricultural packages, or... As an analyst (and auditor) and investor, it is frustrating that this opportunity is given without us getting further insight into how the amount is determined. Furthermore, we typically really have to scrutinize the reports to get the figure established. Currently, Jyske Bank has e.g. in Q3 provisioned an additional 119 million DKK for losses in "post-model adjustments" with the justification "reflecting among other things, risks involved in the expected economic development". This is not an accusation against Jyske Bank, as they are neither worse nor better than the other banks, but it is again clear that management judgment is a black box for us investors and owners. However, in my attempt to deduce a normalized earnings for Jyske Bank, I can conclude once again that I need to adjust for the 119 million DKK in Q3. So when I adjust for fair value adjustments and the increased loss provision as a result of management judgments, I will actually be almost disappointed if the profit before tax in Q4 does not exceed 2 billion DKK. "All else being equal" (and I know this is a violent assumption in a changing world), I look forward with confidence to the coming quarters as a bank investor.
- ·1 päivä sittenwhat happened to the 453 kr. target price
- ·1 päivä sittenDanske Bank has fallen 10% over the past month despite delivering an earnings report above expectations. Furthermore, UBS today raised its price target to 445 and recommends "buy". That it then drops 3% doesn't make much sense.Doesn't matter, bought it for the dividend, my price will yield approx 7.3% ..that's ok..
- ·2 päivää sitten · MuokattuOne has to wonder about both domestic and foreign investors. They are happy to send Jyske Bank and AL Sydbank up, and yesterday Al Sydbank rose twice as much as DB. Today DB falls so sharply that it is both illogical and goes against what a stock market ought to value. Instead, equity trading has partly become illogical and driven by irrational hopes. Well, maybe it will find more peace when the wrecker is reined in. Hope springs eternal.Strange that it's falling, other banks are falling too, but I feel like danske tends to fall a bit more. I think the key figures look great compared to the other banks.
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Nordnet Socialin käyttäjiltä, eikä niitä ole muokattu eikä Nordnet ole tarkastanut niitä etukäteen. Ne eivät tarkoita, että Nordnet tarjoaisi sijoitusneuvoja tai sijoitussuosituksia. Nordnet ei ota vastuuta kommenteista.
Tarjoustasot
Määrä
Osto
-
Myynti
Määrä
-
Viimeisimmät kaupat
| Aika | Hinta | Määrä |
|---|---|---|
| 646 | ||
| 68 | ||
| 425 | ||
| 451 | ||
| 474 |
Huomioi, että vaikka osakkeisiin säästäminen on pitkällä aikavälillä tuottanut hyvin, tulevasta tuotosta ei ole takeita. On olemassa riski, että et saa sijoittamiasi varoja takaisin.
Rahastoja ja ETF:iä jotka omistavat osaketta
Asiakkaat katsoivat myös
Yhtiötapahtumat
Datan lähde: Quartr| Seuraava tapahtuma | |
|---|---|
2026 Q4 - tulosraportti 4.2.2027 |
| Menneet tapahtumat | ||
|---|---|---|
2026 Q3 - tulosraportti 29.10. | ||
2026 Q2 - tulosraportti 17.7. | ||
2026 Q1 - tulosraportti 30.4. | ||
2025 Q4 - tulosraportti 5.2. | ||
2025 Q3 - tulosraportti 31.10.2025 |
Tuotteita joiden kohde-etuutena tämä arvopaperi
Välittäjätilasto
Dataa ei löytynyt
2026 Q3 - tulosraportti
UUTTA
3 päivää sitten
‧59 min
Tämän sivun uutiset ja/tai sijoitussuositukset tai otteet niistä sekä niihin liittyvät linkit ovat mainitun tahon tuottamia ja toimittamia. Nordnet ei ole osallistunut materiaalin laatimiseen, eikä ole tarkistanut sen sisältöä tai tehnyt sisältöön muutoksia. Lue lisää sijoitussuosituksista.
Yhtiötapahtumat
Datan lähde: Quartr| Seuraava tapahtuma | |
|---|---|
2026 Q4 - tulosraportti 4.2.2027 |
| Menneet tapahtumat | ||
|---|---|---|
2026 Q3 - tulosraportti 29.10. | ||
2026 Q2 - tulosraportti 17.7. | ||
2026 Q1 - tulosraportti 30.4. | ||
2025 Q4 - tulosraportti 5.2. | ||
2025 Q3 - tulosraportti 31.10.2025 |
Tuotteita joiden kohde-etuutena tämä arvopaperi
6,14 DKK/osake
Viimeisin osinko
4,91%Tuotto/v
Foorumi
Liity keskusteluun Nordnet Socialissa
- ·21 t sittenQ3 BANK REPORTS – WHAT TRENDS CAN BE SPOTTED? This is neither a recommendation nor a complete analysis – rather just some observations based on the released Q3 bank reports for Danske Bank, Nordea, Jyske Bank, and Skjern Bank. These observations are made at a time when tech stocks are falling sharply – and the doomsday prophets have started to show up. I may well have an opinion on this dimension, but it is no more qualified than your own, so the below is solely based on the Q3 reports of the mentioned banks. Despite all market participants emphasizing the fierce competition among banks at the moment (and I have no basis to doubt this), it surprisingly appears that net interest income has bottomed out for this time. Danske Bank's net interest income is all-time high, Skjern Bank has historically only had one quarter that was better (Q4 2023), while the turnaround is also clear at Jyske Bank. Nordea's development is lagging slightly behind, but the turnaround has happened. With continued rising lending (though stagnating at Jyske Bank), it must be expected that the coming quarters will be quite favorable for us bank investors on the top line of the income statement. The interest rate hike that has already taken place is expected to begin impacting more strongly in the coming time. Note, by the way, that the analysis published by Danske Bank last Thursday on SJF Bank (which prompted a nice increase for SJF Bank) incorporates an estimate with an increase in net interest income of 23.7% from 2026 to 2027. We naturally cannot use isolated analyses to draw conclusions on the entire industry – but I believe there is consensus on higher top lines. Here it is worth noting a single relationship: While high interest rates are intuitively favorable for the result, the movement from low interest rates to high interest rates costs in the banks' income statements. The banks' fair value adjustments of interest-bearing assets thus count heavily downward in a quarter where interest rates have been rising. For Jyske Bank, fair value adjustments have "costed" approx. 300 million DKK on the result in Q3 2026 compared to Q2 2026 or Q3 2025. This is thus not an insignificant factor when the total profit of 1,727 million DKK for Q3 is evaluated. Although the value adjustment is real enough, it is one of the factors that I would like to have normalized in my calculations of expected future earnings. As you might know, one of my favorite topics is management judgment ("post-model adjustments"), which the managements of the Danish banks have approached completely differently – and not surprisingly, as the concept itself is airy. It is the dummy variable that managements have to adjust for Corona, Ukraine, agricultural packages, or... As an analyst (and auditor) and investor, it is frustrating that this opportunity is given without us getting further insight into how the amount is determined. Furthermore, we typically really have to scrutinize the reports to get the figure established. Currently, Jyske Bank has e.g. in Q3 provisioned an additional 119 million DKK for losses in "post-model adjustments" with the justification "reflecting among other things, risks involved in the expected economic development". This is not an accusation against Jyske Bank, as they are neither worse nor better than the other banks, but it is again clear that management judgment is a black box for us investors and owners. However, in my attempt to deduce a normalized earnings for Jyske Bank, I can conclude once again that I need to adjust for the 119 million DKK in Q3. So when I adjust for fair value adjustments and the increased loss provision as a result of management judgments, I will actually be almost disappointed if the profit before tax in Q4 does not exceed 2 billion DKK. "All else being equal" (and I know this is a violent assumption in a changing world), I look forward with confidence to the coming quarters as a bank investor.
- ·1 päivä sittenwhat happened to the 453 kr. target price
- ·1 päivä sittenDanske Bank has fallen 10% over the past month despite delivering an earnings report above expectations. Furthermore, UBS today raised its price target to 445 and recommends "buy". That it then drops 3% doesn't make much sense.Doesn't matter, bought it for the dividend, my price will yield approx 7.3% ..that's ok..
- ·2 päivää sitten · MuokattuOne has to wonder about both domestic and foreign investors. They are happy to send Jyske Bank and AL Sydbank up, and yesterday Al Sydbank rose twice as much as DB. Today DB falls so sharply that it is both illogical and goes against what a stock market ought to value. Instead, equity trading has partly become illogical and driven by irrational hopes. Well, maybe it will find more peace when the wrecker is reined in. Hope springs eternal.Strange that it's falling, other banks are falling too, but I feel like danske tends to fall a bit more. I think the key figures look great compared to the other banks.
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Nordnet Socialin käyttäjiltä, eikä niitä ole muokattu eikä Nordnet ole tarkastanut niitä etukäteen. Ne eivät tarkoita, että Nordnet tarjoaisi sijoitusneuvoja tai sijoitussuosituksia. Nordnet ei ota vastuuta kommenteista.
Tarjoustasot
Määrä
Osto
-
Myynti
Määrä
-
Viimeisimmät kaupat
| Aika | Hinta | Määrä |
|---|---|---|
| 646 | ||
| 68 | ||
| 425 | ||
| 451 | ||
| 474 |
Huomioi, että vaikka osakkeisiin säästäminen on pitkällä aikavälillä tuottanut hyvin, tulevasta tuotosta ei ole takeita. On olemassa riski, että et saa sijoittamiasi varoja takaisin.
Rahastoja ja ETF:iä jotka omistavat osaketta
Asiakkaat katsoivat myös
Välittäjätilasto
Dataa ei löytynyt