2026 Q3 - tulosraportti
16 päivää sitten
‧1 t 1 min
0,34 EUR/osake
Viimeisin osinko
8,21%Tuotto/v
Tarjoustasot
Määrä
Osto
-
Myynti
Määrä
-
Viimeisimmät kaupat
| Aika | Hinta | Määrä |
|---|---|---|
| 155 032 | ||
| 10 901 | ||
| 2 182 | ||
| 3 525 | ||
| 3 518 |
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 28.1.2027 |
| Menneet tapahtumat | ||
|---|---|---|
2026 Q3 - tulosraportti 15.10. | ||
2026 Q2 - tulosraportti 16.7. | ||
2026 Q1 - tulosraportti 22.4. | ||
2025 Q4 - tulosraportti 29.1. | ||
2025 Q3 - tulosraportti 16.10.2025 |
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
·9 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 published 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 for the mentioned banks. Despite all market participants emphasizing the fierce competition among banks right now (and I have no reason 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 hitting harder 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 cannot, of course, use isolated analyses to draw conclusions on the entire sector – but I believe there is consensus on higher top lines. Here it is worth noting a single factor: While high interest rates intuitively are favorable for the result, the movement from low interest rates to high interest rates costs in the banks' income statements. The banks' fair value adjustment of interest-bearing assets thus counts heavily down in a quarter where interest rates have been rising. For Jyske Bank, the fair value adjustments have "cost" approx. DKK 300 million on the result in Q3 2026 compared to Q2 2026 or Q3 2025. This is therefore not an insignificant factor when evaluating the total profit of DKK 1,727 million for Q3. 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 may know, one of my favorite topics is the management judgment ("post-model adjustments") which the managements of the Danish banks have approached completely differently – and not surprisingly, as the concept itself is fluffy. 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, for example, Jyske Bank has provisioned an additional DKK 119 million 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 once again clear that the management judgment is a black box for us investors and owners. However, in my attempt to deduce a normalized earning for Jyske Bank, I can conclude once again that I must adjust for the DKK 119 million in Q3. So when I adjust for the fair value adjustments and the increased loan loss provisions resulting from management judgments, I will actually almost be disappointed if the profit before tax in Q4 does not exceed DKK 2 billion. "All else being equal" (and I know this is a drastic assumption in a changing world), I look forward with confidence to the coming quarters as a bank investor.
·2 päivää sittenhttps://vardeforstorande.se/2026/10/29/kapitalgolvet-har-ingen-asikt/ Fantastic company, but anyone counting on a repeat of recent years' dividend party might be disappointed.
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
16 päivää sitten
‧1 t 1 min
0,34 EUR/osake
Viimeisin osinko
8,21%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
- ·9 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 published 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 for the mentioned banks. Despite all market participants emphasizing the fierce competition among banks right now (and I have no reason 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 hitting harder 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 cannot, of course, use isolated analyses to draw conclusions on the entire sector – but I believe there is consensus on higher top lines. Here it is worth noting a single factor: While high interest rates intuitively are favorable for the result, the movement from low interest rates to high interest rates costs in the banks' income statements. The banks' fair value adjustment of interest-bearing assets thus counts heavily down in a quarter where interest rates have been rising. For Jyske Bank, the fair value adjustments have "cost" approx. DKK 300 million on the result in Q3 2026 compared to Q2 2026 or Q3 2025. This is therefore not an insignificant factor when evaluating the total profit of DKK 1,727 million for Q3. 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 may know, one of my favorite topics is the management judgment ("post-model adjustments") which the managements of the Danish banks have approached completely differently – and not surprisingly, as the concept itself is fluffy. 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, for example, Jyske Bank has provisioned an additional DKK 119 million 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 once again clear that the management judgment is a black box for us investors and owners. However, in my attempt to deduce a normalized earning for Jyske Bank, I can conclude once again that I must adjust for the DKK 119 million in Q3. So when I adjust for the fair value adjustments and the increased loan loss provisions resulting from management judgments, I will actually almost be disappointed if the profit before tax in Q4 does not exceed DKK 2 billion. "All else being equal" (and I know this is a drastic assumption in a changing world), I look forward with confidence to the coming quarters as a bank investor.
- ·2 päivää sittenhttps://vardeforstorande.se/2026/10/29/kapitalgolvet-har-ingen-asikt/ Fantastic company, but anyone counting on a repeat of recent years' dividend party might be disappointed.
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 |
|---|---|---|
| 155 032 | ||
| 10 901 | ||
| 2 182 | ||
| 3 525 | ||
| 3 518 |
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 28.1.2027 |
| Menneet tapahtumat | ||
|---|---|---|
2026 Q3 - tulosraportti 15.10. | ||
2026 Q2 - tulosraportti 16.7. | ||
2026 Q1 - tulosraportti 22.4. | ||
2025 Q4 - tulosraportti 29.1. | ||
2025 Q3 - tulosraportti 16.10.2025 |
Tuotteita joiden kohde-etuutena tämä arvopaperi
Välittäjätilasto
Dataa ei löytynyt
2026 Q3 - tulosraportti
16 päivää sitten
‧1 t 1 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 28.1.2027 |
| Menneet tapahtumat | ||
|---|---|---|
2026 Q3 - tulosraportti 15.10. | ||
2026 Q2 - tulosraportti 16.7. | ||
2026 Q1 - tulosraportti 22.4. | ||
2025 Q4 - tulosraportti 29.1. | ||
2025 Q3 - tulosraportti 16.10.2025 |
Tuotteita joiden kohde-etuutena tämä arvopaperi
0,34 EUR/osake
Viimeisin osinko
8,21%Tuotto/v
Foorumi
Liity keskusteluun Nordnet Socialissa
- ·9 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 published 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 for the mentioned banks. Despite all market participants emphasizing the fierce competition among banks right now (and I have no reason 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 hitting harder 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 cannot, of course, use isolated analyses to draw conclusions on the entire sector – but I believe there is consensus on higher top lines. Here it is worth noting a single factor: While high interest rates intuitively are favorable for the result, the movement from low interest rates to high interest rates costs in the banks' income statements. The banks' fair value adjustment of interest-bearing assets thus counts heavily down in a quarter where interest rates have been rising. For Jyske Bank, the fair value adjustments have "cost" approx. DKK 300 million on the result in Q3 2026 compared to Q2 2026 or Q3 2025. This is therefore not an insignificant factor when evaluating the total profit of DKK 1,727 million for Q3. 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 may know, one of my favorite topics is the management judgment ("post-model adjustments") which the managements of the Danish banks have approached completely differently – and not surprisingly, as the concept itself is fluffy. 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, for example, Jyske Bank has provisioned an additional DKK 119 million 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 once again clear that the management judgment is a black box for us investors and owners. However, in my attempt to deduce a normalized earning for Jyske Bank, I can conclude once again that I must adjust for the DKK 119 million in Q3. So when I adjust for the fair value adjustments and the increased loan loss provisions resulting from management judgments, I will actually almost be disappointed if the profit before tax in Q4 does not exceed DKK 2 billion. "All else being equal" (and I know this is a drastic assumption in a changing world), I look forward with confidence to the coming quarters as a bank investor.
- ·2 päivää sittenhttps://vardeforstorande.se/2026/10/29/kapitalgolvet-har-ingen-asikt/ Fantastic company, but anyone counting on a repeat of recent years' dividend party might be disappointed.
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 |
|---|---|---|
| 155 032 | ||
| 10 901 | ||
| 2 182 | ||
| 3 525 | ||
| 3 518 |
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