2026 Q2 -tulosraportti
Äänite tulossa
2 päivää sitten
20,00 DKK/osake
Viimeisin osinko
1,90%Tuotto/v
Tarjoustasot
Ei dataa
Viimeisimmät kaupat
| Aika | Hinta | Määrä | Ostaja | Myyjä |
|---|---|---|---|---|
| - | - | - | - |
Huomioi, että vaikka osakkeisiin säästäminen on pitkällä aikavälillä tuottanut hyvin, tulevasta tuotosta ei ole takeita. On olemassa riski, että et saa sijoittamiasi varoja takaisin.
Välittäjätilasto
Dataa ei löytynyt
Yhtiötapahtumat
Datan lähde: Quartr| Seuraava tapahtuma | |
|---|---|
2026 Q3 -tulosraportti 6.11. |
| Menneet tapahtumat | ||
|---|---|---|
2026 Q2 -tulosraportti 21.8. | ||
2026 Q1 -tulosraportti 22.5. | ||
2025 Q4 -tulosraportti 4.2. | ||
2025 Q3 -tulosraportti 7.11.2025 | ||
2025 Q2 -tulosraportti 15.8.2025 |
Asiakkaat katsoivat myös
Foorumi
Liity keskusteluun Nordnet Socialissa
Kirjaudu
·1.8.ONLY A FOOL IGNORES A SHARE BUYBACK PROGRAM Before the earnings season for the Danish listed banks truly begins – and before the summer vacation completely runs out – I have spent some time looking closer at what influence the initiated share buyback programs have had on stock prices relative to the general price development for the banks. And before anyone comes after me with accusations of scientific dishonesty, I will lay bare the very simple assumptions: I have looked at seven banks with buyback programs: AL Sydbank Danske Bank Djurslands Bank Jyske Bank Ringkjøbing Landbobank SJF Bank Skjern Bank I have looked at the stock price development for the period 01-03-2026 – 31-07-2026. And yes, I know that SJF Bank and Ringkjøbing Landbobank initiated their programs later – and Djurslands Bank's program dates back to autumn 2025. So it is a short period – and if I had more time, I would have extended my small study to also examine earlier years. The "Finance index" has risen by 8.5% in the period from March 1st until today – and the OMX index has risen by 6.4%. The seven mentioned banks have on average risen by 15.1% over the five months of the period. I.e., a significant outperformance – also when compared to peers. If one instead only looks at the current periods of the share buyback programs and annualizes the returns, the seven banks show an annual return of between 24% and 146% – with an average of 61%. This has been during a period where banks generally have performed well, so this should also be remembered before over-analyzing the simple conclusions. Nevertheless, the results support the assumptions I myself have had. It also appears – not surprisingly – that the effects of the share buybacks are greatest among banks where stock turnover is lowest – even when adjusted for the share buyback program's relative size to equity. In the name of simplification, this leaves stakeholders with some considerations: If you are an investor: Then in my analyses, I would consider attributing very high value to share buyback programs If you are part of bank management: I have previously argued that the best defense against takeover attempts is a high stock price. If you have been in doubt, I have given you the recipe for a better defense above. Now I just look forward to the upcoming earnings reports.- ·7.3.Lollands Bank closed the round of listed banks' submission of annual reports for 2025 on Tuesday. It has generally been an uneventful round, where the feeling is that one needs to get out the magnifying glass to find anything surprising. In a world that in many ways geopolitically suffers from unpredictability, a lack of drama is actually quite a fine scenario. Especially when it comes on top of some historically good years for the banks. The general increases in bank share prices in 2025 have put a damper on speculations about further current mergers for the time being – but we all know they are coming. And perhaps even when one least expects it? I paint with a very broad brush when I claim that a large part of the banks in recent years with tailwind have neglected to streamline their organizations. This is probably not how it is perceived by either employees or management or Finansforbundet. And I fully understand that. But data simply says something else. Banks have, quite simply, two sources of income: Net interest income and net fee income. While the former is determined by the interest rate level and does not require more employees with higher earnings, fee income is naturally the staff-dependent variable. More loan cases require more employees (this hypothesis, however, will probably soon be challenged by AI). The net fee income per employee-krone over the past 12 quarters is falling for most banks (with four exceptions) – and this in a scenario with falling interest rates. All else being equal, there should be more activity in fee-related matters in a low-interest rate environment. Banks will naturally justify this with increasing compliance requirements. I myself work in an industry where annual efficiencies are a given (and where compliance requirements have also been sharply increasing for many years). These efficiencies have been a natural part of everyday life long before the advent of AI. I don't know many other industries where, in these years, one would be content with a continued deterioration of “productivity”. Management naturally walks a thin line in relation to Finansforbundet, so there are limits to how explicit one can be in strategies and announcements. And here we come to the most interesting moment in the annual reports (and the upcoming quarterly reports): Who can deliver on efficiencies when a tailwind from AI inevitably begins to emerge. The banks that succeed will not only be best positioned in direct daily competition – they will also be best positioned for survival in the continued consolidation. Not surprisingly, size is a decisive factor in the development of new processes. Not only is there more money to invest, there is also more money to be gained from larger volumes. Personally, I look forward to seeing if the strengthening of Bankdata after the indirect incorporation of Vestjysk Bank and Arbejdernes Landsbank via AL Sydbank, can lead to better solutions and perhaps even savings. So I remain optimistic about the industry in general and the larger banks in particular. Therefore, I am not selling out due to the current market turmoil. My experience tells me that it can easily get worse before it gets better – but I have not yet seen anything that questions the long-term attractiveness of Danish banks. PS. If any of you lacked further explanation of which Danish banks had actually made progress in the ratio between net fee income per employee-krone over the past 12, these confirm that size matters (in this context): Danske Bank, Jyske Bank, Sydbank and Djurslands Bank! Note that my analyses do not include Nordea and Ringkjøbing Landbobank.Poistettu·22.5.Why is Lollands Bank mentioned in connection with Djursland Bank? is it because both Banks are domiciled in Denmark's poorest municipalities???
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.
Uutiset
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.
2026 Q2 -tulosraportti
Äänite tulossa
2 päivää sitten
20,00 DKK/osake
Viimeisin osinko
1,90%Tuotto/v
Uutiset
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
Kirjaudu
- ·1.8.ONLY A FOOL IGNORES A SHARE BUYBACK PROGRAM Before the earnings season for the Danish listed banks truly begins – and before the summer vacation completely runs out – I have spent some time looking closer at what influence the initiated share buyback programs have had on stock prices relative to the general price development for the banks. And before anyone comes after me with accusations of scientific dishonesty, I will lay bare the very simple assumptions: I have looked at seven banks with buyback programs: AL Sydbank Danske Bank Djurslands Bank Jyske Bank Ringkjøbing Landbobank SJF Bank Skjern Bank I have looked at the stock price development for the period 01-03-2026 – 31-07-2026. And yes, I know that SJF Bank and Ringkjøbing Landbobank initiated their programs later – and Djurslands Bank's program dates back to autumn 2025. So it is a short period – and if I had more time, I would have extended my small study to also examine earlier years. The "Finance index" has risen by 8.5% in the period from March 1st until today – and the OMX index has risen by 6.4%. The seven mentioned banks have on average risen by 15.1% over the five months of the period. I.e., a significant outperformance – also when compared to peers. If one instead only looks at the current periods of the share buyback programs and annualizes the returns, the seven banks show an annual return of between 24% and 146% – with an average of 61%. This has been during a period where banks generally have performed well, so this should also be remembered before over-analyzing the simple conclusions. Nevertheless, the results support the assumptions I myself have had. It also appears – not surprisingly – that the effects of the share buybacks are greatest among banks where stock turnover is lowest – even when adjusted for the share buyback program's relative size to equity. In the name of simplification, this leaves stakeholders with some considerations: If you are an investor: Then in my analyses, I would consider attributing very high value to share buyback programs If you are part of bank management: I have previously argued that the best defense against takeover attempts is a high stock price. If you have been in doubt, I have given you the recipe for a better defense above. Now I just look forward to the upcoming earnings reports.
- ·7.3.Lollands Bank closed the round of listed banks' submission of annual reports for 2025 on Tuesday. It has generally been an uneventful round, where the feeling is that one needs to get out the magnifying glass to find anything surprising. In a world that in many ways geopolitically suffers from unpredictability, a lack of drama is actually quite a fine scenario. Especially when it comes on top of some historically good years for the banks. The general increases in bank share prices in 2025 have put a damper on speculations about further current mergers for the time being – but we all know they are coming. And perhaps even when one least expects it? I paint with a very broad brush when I claim that a large part of the banks in recent years with tailwind have neglected to streamline their organizations. This is probably not how it is perceived by either employees or management or Finansforbundet. And I fully understand that. But data simply says something else. Banks have, quite simply, two sources of income: Net interest income and net fee income. While the former is determined by the interest rate level and does not require more employees with higher earnings, fee income is naturally the staff-dependent variable. More loan cases require more employees (this hypothesis, however, will probably soon be challenged by AI). The net fee income per employee-krone over the past 12 quarters is falling for most banks (with four exceptions) – and this in a scenario with falling interest rates. All else being equal, there should be more activity in fee-related matters in a low-interest rate environment. Banks will naturally justify this with increasing compliance requirements. I myself work in an industry where annual efficiencies are a given (and where compliance requirements have also been sharply increasing for many years). These efficiencies have been a natural part of everyday life long before the advent of AI. I don't know many other industries where, in these years, one would be content with a continued deterioration of “productivity”. Management naturally walks a thin line in relation to Finansforbundet, so there are limits to how explicit one can be in strategies and announcements. And here we come to the most interesting moment in the annual reports (and the upcoming quarterly reports): Who can deliver on efficiencies when a tailwind from AI inevitably begins to emerge. The banks that succeed will not only be best positioned in direct daily competition – they will also be best positioned for survival in the continued consolidation. Not surprisingly, size is a decisive factor in the development of new processes. Not only is there more money to invest, there is also more money to be gained from larger volumes. Personally, I look forward to seeing if the strengthening of Bankdata after the indirect incorporation of Vestjysk Bank and Arbejdernes Landsbank via AL Sydbank, can lead to better solutions and perhaps even savings. So I remain optimistic about the industry in general and the larger banks in particular. Therefore, I am not selling out due to the current market turmoil. My experience tells me that it can easily get worse before it gets better – but I have not yet seen anything that questions the long-term attractiveness of Danish banks. PS. If any of you lacked further explanation of which Danish banks had actually made progress in the ratio between net fee income per employee-krone over the past 12, these confirm that size matters (in this context): Danske Bank, Jyske Bank, Sydbank and Djurslands Bank! Note that my analyses do not include Nordea and Ringkjøbing Landbobank.Poistettu·22.5.Why is Lollands Bank mentioned in connection with Djursland Bank? is it because both Banks are domiciled in Denmark's poorest municipalities???
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
Ei dataa
Viimeisimmät kaupat
| Aika | Hinta | Määrä | Ostaja | Myyjä |
|---|---|---|---|---|
| - | - | - | - |
Huomioi, että vaikka osakkeisiin säästäminen on pitkällä aikavälillä tuottanut hyvin, tulevasta tuotosta ei ole takeita. On olemassa riski, että et saa sijoittamiasi varoja takaisin.
Välittäjätilasto
Dataa ei löytynyt
Asiakkaat katsoivat myös
Yhtiötapahtumat
Datan lähde: Quartr| Seuraava tapahtuma | |
|---|---|
2026 Q3 -tulosraportti 6.11. |
| Menneet tapahtumat | ||
|---|---|---|
2026 Q2 -tulosraportti 21.8. | ||
2026 Q1 -tulosraportti 22.5. | ||
2025 Q4 -tulosraportti 4.2. | ||
2025 Q3 -tulosraportti 7.11.2025 | ||
2025 Q2 -tulosraportti 15.8.2025 |
2026 Q2 -tulosraportti
Äänite tulossa
2 päivää sitten
Uutiset
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 Q3 -tulosraportti 6.11. |
| Menneet tapahtumat | ||
|---|---|---|
2026 Q2 -tulosraportti 21.8. | ||
2026 Q1 -tulosraportti 22.5. | ||
2025 Q4 -tulosraportti 4.2. | ||
2025 Q3 -tulosraportti 7.11.2025 | ||
2025 Q2 -tulosraportti 15.8.2025 |
20,00 DKK/osake
Viimeisin osinko
1,90%Tuotto/v
Foorumi
Liity keskusteluun Nordnet Socialissa
Kirjaudu
- ·1.8.ONLY A FOOL IGNORES A SHARE BUYBACK PROGRAM Before the earnings season for the Danish listed banks truly begins – and before the summer vacation completely runs out – I have spent some time looking closer at what influence the initiated share buyback programs have had on stock prices relative to the general price development for the banks. And before anyone comes after me with accusations of scientific dishonesty, I will lay bare the very simple assumptions: I have looked at seven banks with buyback programs: AL Sydbank Danske Bank Djurslands Bank Jyske Bank Ringkjøbing Landbobank SJF Bank Skjern Bank I have looked at the stock price development for the period 01-03-2026 – 31-07-2026. And yes, I know that SJF Bank and Ringkjøbing Landbobank initiated their programs later – and Djurslands Bank's program dates back to autumn 2025. So it is a short period – and if I had more time, I would have extended my small study to also examine earlier years. The "Finance index" has risen by 8.5% in the period from March 1st until today – and the OMX index has risen by 6.4%. The seven mentioned banks have on average risen by 15.1% over the five months of the period. I.e., a significant outperformance – also when compared to peers. If one instead only looks at the current periods of the share buyback programs and annualizes the returns, the seven banks show an annual return of between 24% and 146% – with an average of 61%. This has been during a period where banks generally have performed well, so this should also be remembered before over-analyzing the simple conclusions. Nevertheless, the results support the assumptions I myself have had. It also appears – not surprisingly – that the effects of the share buybacks are greatest among banks where stock turnover is lowest – even when adjusted for the share buyback program's relative size to equity. In the name of simplification, this leaves stakeholders with some considerations: If you are an investor: Then in my analyses, I would consider attributing very high value to share buyback programs If you are part of bank management: I have previously argued that the best defense against takeover attempts is a high stock price. If you have been in doubt, I have given you the recipe for a better defense above. Now I just look forward to the upcoming earnings reports.
- ·7.3.Lollands Bank closed the round of listed banks' submission of annual reports for 2025 on Tuesday. It has generally been an uneventful round, where the feeling is that one needs to get out the magnifying glass to find anything surprising. In a world that in many ways geopolitically suffers from unpredictability, a lack of drama is actually quite a fine scenario. Especially when it comes on top of some historically good years for the banks. The general increases in bank share prices in 2025 have put a damper on speculations about further current mergers for the time being – but we all know they are coming. And perhaps even when one least expects it? I paint with a very broad brush when I claim that a large part of the banks in recent years with tailwind have neglected to streamline their organizations. This is probably not how it is perceived by either employees or management or Finansforbundet. And I fully understand that. But data simply says something else. Banks have, quite simply, two sources of income: Net interest income and net fee income. While the former is determined by the interest rate level and does not require more employees with higher earnings, fee income is naturally the staff-dependent variable. More loan cases require more employees (this hypothesis, however, will probably soon be challenged by AI). The net fee income per employee-krone over the past 12 quarters is falling for most banks (with four exceptions) – and this in a scenario with falling interest rates. All else being equal, there should be more activity in fee-related matters in a low-interest rate environment. Banks will naturally justify this with increasing compliance requirements. I myself work in an industry where annual efficiencies are a given (and where compliance requirements have also been sharply increasing for many years). These efficiencies have been a natural part of everyday life long before the advent of AI. I don't know many other industries where, in these years, one would be content with a continued deterioration of “productivity”. Management naturally walks a thin line in relation to Finansforbundet, so there are limits to how explicit one can be in strategies and announcements. And here we come to the most interesting moment in the annual reports (and the upcoming quarterly reports): Who can deliver on efficiencies when a tailwind from AI inevitably begins to emerge. The banks that succeed will not only be best positioned in direct daily competition – they will also be best positioned for survival in the continued consolidation. Not surprisingly, size is a decisive factor in the development of new processes. Not only is there more money to invest, there is also more money to be gained from larger volumes. Personally, I look forward to seeing if the strengthening of Bankdata after the indirect incorporation of Vestjysk Bank and Arbejdernes Landsbank via AL Sydbank, can lead to better solutions and perhaps even savings. So I remain optimistic about the industry in general and the larger banks in particular. Therefore, I am not selling out due to the current market turmoil. My experience tells me that it can easily get worse before it gets better – but I have not yet seen anything that questions the long-term attractiveness of Danish banks. PS. If any of you lacked further explanation of which Danish banks had actually made progress in the ratio between net fee income per employee-krone over the past 12, these confirm that size matters (in this context): Danske Bank, Jyske Bank, Sydbank and Djurslands Bank! Note that my analyses do not include Nordea and Ringkjøbing Landbobank.Poistettu·22.5.Why is Lollands Bank mentioned in connection with Djursland Bank? is it because both Banks are domiciled in Denmark's poorest municipalities???
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
Ei dataa
Viimeisimmät kaupat
| Aika | Hinta | Määrä | Ostaja | Myyjä |
|---|---|---|---|---|
| - | - | - | - |
Huomioi, että vaikka osakkeisiin säästäminen on pitkällä aikavälillä tuottanut hyvin, tulevasta tuotosta ei ole takeita. On olemassa riski, että et saa sijoittamiasi varoja takaisin.
Välittäjätilasto
Dataa ei löytynyt