2025 Q3 -tulosraportti
8 päivää sitten0,3553 DKK/osake
Viimeisin osinko
4,87 %Tuotto/v
Tarjoustasot
Nasdaq Copenhagen
Määrä
Osto
22 716
Myynti
Määrä
80 202
Viimeisimmät kaupat
| Aika | Hinta | Määrä | Ostaja | Myyjä |
|---|---|---|---|---|
| 129 | - | - | ||
| 672 | - | - | ||
| 2 114 | - | - | ||
| 1 804 | - | - | ||
| 258 | - | - |
Ylin
7,36VWAP
Alin
7,21VaihtoMäärä
3,2 444 283
VWAP
Ylin
7,36Alin
7,21VaihtoMäärä
3,2 444 283
Välittäjätilasto
Dataa ei löytynyt
Yhtiötapahtumat
| Seuraava tapahtuma | |
|---|---|
| 2025 Q4 -tulosraportti | 5.2.2026 |
| Menneet tapahtumat | ||
|---|---|---|
| 2025 Q3 -tulosraportti | 25.11. | |
| 2025 Q2 -tulosraportti | 28.8. | |
| 2025 Q2 -tulosraportti | 26.8. | |
| 2025 Q1 -tulosraportti | 20.5. | |
| 2024 Q4 -tulosraportti | 6.2. |
Datan lähde: Quartr, FactSet
Asiakkaat katsoivat myös
Shareville
Liity keskusteluun SharevillessäShareville on aktiivisten yksityissijoittajien yhteisö, jossa voit seurata muiden asiakkaiden kaupankäyntiä ja omistuksia.
Kirjaudu
·1 päivä sittenI chose to sell my VB holding the other day because: 1. I had achieved a good capital gain. 2. I couldn't fathom what market value my shares in the new bank would get, and not least how the price development would be for the new share, as no one can predict what challenges the new bank will face in the period after the merger. 3. My gut feeling also tells me that after a period of significant increases in several banks, a correction must come. I'm not done with bank shares but will just await developments before I buy in again.
·1 päivä sittenWhen can one expect such a bank merger to be completed and we have our new shares?
·14 t sittenAnd so that not everyone also has to spend time reading the brochure, it states: "Expected last trading day for Vestjysk Bank shares on Nasdaq Copenhagen and expected first trading day for Exchange Shares on Nasdaq Copenhagen as well as completion of the merger December 2025"
·3 päivää sittenWith Vestjysk Bank's submission of its financial report on Tuesday, the series concluded after a third quarter where surprises on the financial reporting front were few. But one does not need to bring out the magnifying glass to see indications that future Danish listed banks risk being divided into an A-team and a B-team. There is agreement among bank directors that consolidations will continue to sweep over the industry; but no one sees themselves as playing second fiddle in a merger. This discrepancy may cause smiles in the short term, but at some point, it will become serious for those banks that, both in a relative and absolute sense, do not have control over their costs. While the (almost) entire Danish business journalism community limits their presentation of quarterly reports to a comparison with the corresponding quarter last year – and therefore, about 20 times following the same template, has had to note that net interest income has been falling – this templated approach misses a crucial element in determining future winners and losers: Cost management. With many years as an economic advisor as my background, I have learned that it is in good times that the captain must manage the economy tightly, while in times of crisis, room for maneuver must be created to bring the ship safely to port – and perhaps even make some offensive and even cheap investments. This fundamental principle applies regardless of whether it concerns a personal economy, a corporate economy, or a national economy. While the stewards of the national economy are only elected for a period of four years, and are not necessarily chosen for their abilities or insight into economic matters, we can demand to have higher expectations of the managers of companies. I have great sympathy for the bank directors' focus on the fact that it is other stakeholders than just the shareholders whose interests must be safeguarded. All interests must naturally be calibrated. There is simply no natural conflict between strict cost management and the interests of other stakeholders. Yes, employees want higher wages – but employees also have an interest in a viable structure. And if I were to pinpoint one aspect that, in my view, is indicative of the banks' results in the coming years, it is the readiness to have a firm hand on the tiller on the cost side. The first visible proof of this level of awareness is a strategic goal for a given cost-to-income ratio. If you read the banks' financial reports and there is no mention of a target for the cost-to-income ratio, then I believe we have a first warning sign. Try to form your own opinion based on the following four examples: 1. From Nordfyns Bank's annual report 2024: “The Group's business model and growth strategy mean that the cost-to-income ratio will continue to be relatively high. It is management's objective that growth and efficiency improvements should continuously reduce the cost-to-income ratio.” (I am probably not claiming too much if I believe this is a relatively vague formulation of an objective). 2. From SJF Q3 report 2025: “Our cost-to-income ratio must be reduced and be below 50 % by financial year 2026 at the latest.” 3. Danske Bank has, in its “Forward 28” strategy, set a concrete target for a cost-to-income ratio of a maximum of 45. 4. The ultimate proof that strict cost management is not a barrier to continued growth and success is Ringkjøbing Landbobank, which is known for its notorious focus on the cost-to-income ratio. This has also meant that the bank is now valued at completely different multiples than its competitors. To identify the differences between the banks, I have conducted a very simple analysis of net interest and fee income vs. personnel and administrative costs in the Danish listed banks from Q1 2023 to Q3 2025. There can be many objections to the assumptions in such an analysis: Why Q1 2023? Why compare the top line with a single element on the cost side? My answer to this is that sometimes even very simple analyses can help us identify a trend. Although interest rates have fallen during the period (but this is the same for all banks), otherwise, despite geopolitical tensions and inflation challenges, it must be said to be a quite stable period. What I am trying to identify is not the actual level (we have other key figures for that), but solely the development for the individual banks over this period consisting of 11 quarters. I have only included 17 listed banks in the analysis, as Ringkjøbing Landbobank, due to its history, is valued differently by analysts and investors. At the same time, I am excluding Nordea, as its primary listing is not in Denmark.
·1 päivä sittenThanks for sharing your thoughts about the banks with all of us :-)- ·12.11.How are the 1.75 kr taxed?
·4.11.Should one buy in? Or wait until the merger is complete
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Sharevillen 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.
Uutiset ja analyysit
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.
2025 Q3 -tulosraportti
8 päivää sitten0,3553 DKK/osake
Viimeisin osinko
4,87 %Tuotto/v
Uutiset ja analyysit
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.
Shareville
Liity keskusteluun SharevillessäShareville on aktiivisten yksityissijoittajien yhteisö, jossa voit seurata muiden asiakkaiden kaupankäyntiä ja omistuksia.
Kirjaudu
- ·1 päivä sittenI chose to sell my VB holding the other day because: 1. I had achieved a good capital gain. 2. I couldn't fathom what market value my shares in the new bank would get, and not least how the price development would be for the new share, as no one can predict what challenges the new bank will face in the period after the merger. 3. My gut feeling also tells me that after a period of significant increases in several banks, a correction must come. I'm not done with bank shares but will just await developments before I buy in again.
- ·1 päivä sittenWhen can one expect such a bank merger to be completed and we have our new shares?·14 t sittenAnd so that not everyone also has to spend time reading the brochure, it states: "Expected last trading day for Vestjysk Bank shares on Nasdaq Copenhagen and expected first trading day for Exchange Shares on Nasdaq Copenhagen as well as completion of the merger December 2025"
- ·3 päivää sittenWith Vestjysk Bank's submission of its financial report on Tuesday, the series concluded after a third quarter where surprises on the financial reporting front were few. But one does not need to bring out the magnifying glass to see indications that future Danish listed banks risk being divided into an A-team and a B-team. There is agreement among bank directors that consolidations will continue to sweep over the industry; but no one sees themselves as playing second fiddle in a merger. This discrepancy may cause smiles in the short term, but at some point, it will become serious for those banks that, both in a relative and absolute sense, do not have control over their costs. While the (almost) entire Danish business journalism community limits their presentation of quarterly reports to a comparison with the corresponding quarter last year – and therefore, about 20 times following the same template, has had to note that net interest income has been falling – this templated approach misses a crucial element in determining future winners and losers: Cost management. With many years as an economic advisor as my background, I have learned that it is in good times that the captain must manage the economy tightly, while in times of crisis, room for maneuver must be created to bring the ship safely to port – and perhaps even make some offensive and even cheap investments. This fundamental principle applies regardless of whether it concerns a personal economy, a corporate economy, or a national economy. While the stewards of the national economy are only elected for a period of four years, and are not necessarily chosen for their abilities or insight into economic matters, we can demand to have higher expectations of the managers of companies. I have great sympathy for the bank directors' focus on the fact that it is other stakeholders than just the shareholders whose interests must be safeguarded. All interests must naturally be calibrated. There is simply no natural conflict between strict cost management and the interests of other stakeholders. Yes, employees want higher wages – but employees also have an interest in a viable structure. And if I were to pinpoint one aspect that, in my view, is indicative of the banks' results in the coming years, it is the readiness to have a firm hand on the tiller on the cost side. The first visible proof of this level of awareness is a strategic goal for a given cost-to-income ratio. If you read the banks' financial reports and there is no mention of a target for the cost-to-income ratio, then I believe we have a first warning sign. Try to form your own opinion based on the following four examples: 1. From Nordfyns Bank's annual report 2024: “The Group's business model and growth strategy mean that the cost-to-income ratio will continue to be relatively high. It is management's objective that growth and efficiency improvements should continuously reduce the cost-to-income ratio.” (I am probably not claiming too much if I believe this is a relatively vague formulation of an objective). 2. From SJF Q3 report 2025: “Our cost-to-income ratio must be reduced and be below 50 % by financial year 2026 at the latest.” 3. Danske Bank has, in its “Forward 28” strategy, set a concrete target for a cost-to-income ratio of a maximum of 45. 4. The ultimate proof that strict cost management is not a barrier to continued growth and success is Ringkjøbing Landbobank, which is known for its notorious focus on the cost-to-income ratio. This has also meant that the bank is now valued at completely different multiples than its competitors. To identify the differences between the banks, I have conducted a very simple analysis of net interest and fee income vs. personnel and administrative costs in the Danish listed banks from Q1 2023 to Q3 2025. There can be many objections to the assumptions in such an analysis: Why Q1 2023? Why compare the top line with a single element on the cost side? My answer to this is that sometimes even very simple analyses can help us identify a trend. Although interest rates have fallen during the period (but this is the same for all banks), otherwise, despite geopolitical tensions and inflation challenges, it must be said to be a quite stable period. What I am trying to identify is not the actual level (we have other key figures for that), but solely the development for the individual banks over this period consisting of 11 quarters. I have only included 17 listed banks in the analysis, as Ringkjøbing Landbobank, due to its history, is valued differently by analysts and investors. At the same time, I am excluding Nordea, as its primary listing is not in Denmark.·1 päivä sittenThanks for sharing your thoughts about the banks with all of us :-)
- ·12.11.How are the 1.75 kr taxed?
- ·4.11.Should one buy in? Or wait until the merger is complete
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Sharevillen 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
Nasdaq Copenhagen
Määrä
Osto
22 716
Myynti
Määrä
80 202
Viimeisimmät kaupat
| Aika | Hinta | Määrä | Ostaja | Myyjä |
|---|---|---|---|---|
| 129 | - | - | ||
| 672 | - | - | ||
| 2 114 | - | - | ||
| 1 804 | - | - | ||
| 258 | - | - |
Ylin
7,36VWAP
Alin
7,21VaihtoMäärä
3,2 444 283
VWAP
Ylin
7,36Alin
7,21VaihtoMäärä
3,2 444 283
Välittäjätilasto
Dataa ei löytynyt
Asiakkaat katsoivat myös
Yhtiötapahtumat
| Seuraava tapahtuma | |
|---|---|
| 2025 Q4 -tulosraportti | 5.2.2026 |
| Menneet tapahtumat | ||
|---|---|---|
| 2025 Q3 -tulosraportti | 25.11. | |
| 2025 Q2 -tulosraportti | 28.8. | |
| 2025 Q2 -tulosraportti | 26.8. | |
| 2025 Q1 -tulosraportti | 20.5. | |
| 2024 Q4 -tulosraportti | 6.2. |
Datan lähde: Quartr, FactSet
2025 Q3 -tulosraportti
8 päivää sittenUutiset ja analyysit
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
| Seuraava tapahtuma | |
|---|---|
| 2025 Q4 -tulosraportti | 5.2.2026 |
| Menneet tapahtumat | ||
|---|---|---|
| 2025 Q3 -tulosraportti | 25.11. | |
| 2025 Q2 -tulosraportti | 28.8. | |
| 2025 Q2 -tulosraportti | 26.8. | |
| 2025 Q1 -tulosraportti | 20.5. | |
| 2024 Q4 -tulosraportti | 6.2. |
Datan lähde: Quartr, FactSet
0,3553 DKK/osake
Viimeisin osinko
4,87 %Tuotto/v
Shareville
Liity keskusteluun SharevillessäShareville on aktiivisten yksityissijoittajien yhteisö, jossa voit seurata muiden asiakkaiden kaupankäyntiä ja omistuksia.
Kirjaudu
- ·1 päivä sittenI chose to sell my VB holding the other day because: 1. I had achieved a good capital gain. 2. I couldn't fathom what market value my shares in the new bank would get, and not least how the price development would be for the new share, as no one can predict what challenges the new bank will face in the period after the merger. 3. My gut feeling also tells me that after a period of significant increases in several banks, a correction must come. I'm not done with bank shares but will just await developments before I buy in again.
- ·1 päivä sittenWhen can one expect such a bank merger to be completed and we have our new shares?·14 t sittenAnd so that not everyone also has to spend time reading the brochure, it states: "Expected last trading day for Vestjysk Bank shares on Nasdaq Copenhagen and expected first trading day for Exchange Shares on Nasdaq Copenhagen as well as completion of the merger December 2025"
- ·3 päivää sittenWith Vestjysk Bank's submission of its financial report on Tuesday, the series concluded after a third quarter where surprises on the financial reporting front were few. But one does not need to bring out the magnifying glass to see indications that future Danish listed banks risk being divided into an A-team and a B-team. There is agreement among bank directors that consolidations will continue to sweep over the industry; but no one sees themselves as playing second fiddle in a merger. This discrepancy may cause smiles in the short term, but at some point, it will become serious for those banks that, both in a relative and absolute sense, do not have control over their costs. While the (almost) entire Danish business journalism community limits their presentation of quarterly reports to a comparison with the corresponding quarter last year – and therefore, about 20 times following the same template, has had to note that net interest income has been falling – this templated approach misses a crucial element in determining future winners and losers: Cost management. With many years as an economic advisor as my background, I have learned that it is in good times that the captain must manage the economy tightly, while in times of crisis, room for maneuver must be created to bring the ship safely to port – and perhaps even make some offensive and even cheap investments. This fundamental principle applies regardless of whether it concerns a personal economy, a corporate economy, or a national economy. While the stewards of the national economy are only elected for a period of four years, and are not necessarily chosen for their abilities or insight into economic matters, we can demand to have higher expectations of the managers of companies. I have great sympathy for the bank directors' focus on the fact that it is other stakeholders than just the shareholders whose interests must be safeguarded. All interests must naturally be calibrated. There is simply no natural conflict between strict cost management and the interests of other stakeholders. Yes, employees want higher wages – but employees also have an interest in a viable structure. And if I were to pinpoint one aspect that, in my view, is indicative of the banks' results in the coming years, it is the readiness to have a firm hand on the tiller on the cost side. The first visible proof of this level of awareness is a strategic goal for a given cost-to-income ratio. If you read the banks' financial reports and there is no mention of a target for the cost-to-income ratio, then I believe we have a first warning sign. Try to form your own opinion based on the following four examples: 1. From Nordfyns Bank's annual report 2024: “The Group's business model and growth strategy mean that the cost-to-income ratio will continue to be relatively high. It is management's objective that growth and efficiency improvements should continuously reduce the cost-to-income ratio.” (I am probably not claiming too much if I believe this is a relatively vague formulation of an objective). 2. From SJF Q3 report 2025: “Our cost-to-income ratio must be reduced and be below 50 % by financial year 2026 at the latest.” 3. Danske Bank has, in its “Forward 28” strategy, set a concrete target for a cost-to-income ratio of a maximum of 45. 4. The ultimate proof that strict cost management is not a barrier to continued growth and success is Ringkjøbing Landbobank, which is known for its notorious focus on the cost-to-income ratio. This has also meant that the bank is now valued at completely different multiples than its competitors. To identify the differences between the banks, I have conducted a very simple analysis of net interest and fee income vs. personnel and administrative costs in the Danish listed banks from Q1 2023 to Q3 2025. There can be many objections to the assumptions in such an analysis: Why Q1 2023? Why compare the top line with a single element on the cost side? My answer to this is that sometimes even very simple analyses can help us identify a trend. Although interest rates have fallen during the period (but this is the same for all banks), otherwise, despite geopolitical tensions and inflation challenges, it must be said to be a quite stable period. What I am trying to identify is not the actual level (we have other key figures for that), but solely the development for the individual banks over this period consisting of 11 quarters. I have only included 17 listed banks in the analysis, as Ringkjøbing Landbobank, due to its history, is valued differently by analysts and investors. At the same time, I am excluding Nordea, as its primary listing is not in Denmark.·1 päivä sittenThanks for sharing your thoughts about the banks with all of us :-)
- ·12.11.How are the 1.75 kr taxed?
- ·4.11.Should one buy in? Or wait until the merger is complete
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Sharevillen 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
Nasdaq Copenhagen
Määrä
Osto
22 716
Myynti
Määrä
80 202
Viimeisimmät kaupat
| Aika | Hinta | Määrä | Ostaja | Myyjä |
|---|---|---|---|---|
| 129 | - | - | ||
| 672 | - | - | ||
| 2 114 | - | - | ||
| 1 804 | - | - | ||
| 258 | - | - |
Ylin
7,36VWAP
Alin
7,21VaihtoMäärä
3,2 444 283
VWAP
Ylin
7,36Alin
7,21VaihtoMäärä
3,2 444 283
Välittäjätilasto
Dataa ei löytynyt