2025 Q4 -tulosraportti
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61 päivää sitten
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Nasdaq Copenhagen
Määrä
Osto
-
Myynti
Määrä
-
Viimeisimmät kaupat
| Aika | Hinta | Määrä | Ostaja | Myyjä |
|---|---|---|---|---|
| 2 | - | - | ||
| 1 | - | - | ||
| 2 | - | - | ||
| 1 | - | - |
Välittäjätilasto
Dataa ei löytynyt
Yhtiötapahtumat
Datan lähde: FactSet, Quartr| Seuraava tapahtuma | |
|---|---|
2026 Q1 -tulosraportti 13.5. |
| Menneet tapahtumat | ||
|---|---|---|
2025 Q4 -tulosraportti 18.2. | ||
2025 Q3 -tulosraportti 22.10.2025 | ||
2025 Q2 -tulosraportti 13.8.2025 | ||
2025 Q1 -tulosraportti 23.4.2025 | ||
2024 Q4 -tulosraportti 17.2.2025 |
Asiakkaat katsoivat myös
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Kirjaudu
·11.4.While we wait… While Q1 in the Danish banking market in isolation has been quite undramatic, the same period on the geopolitical scene has been the exact opposite. Therefore, most of us have probably also experienced larger ripples in our portfolios than what has been pleasant. And uncertainty will probably be a loyal companion for a while yet. The cherished hope is that reason prevails – if not sooner, then at least in connection with the midterm elections in the USA. It is precisely in these tumultuous periods that the advantage of being a long-term investor shows itself. And I see nothing that – yet – impacts the banks' earnings. Interest rate expectations have shifted a bit – but only in an upward direction as a result of rising inflation. It is only if we start to see entire industries having supply problems, which further down the road can result in losses for the banks, that I will begin to reconsider my clear overweight in banks. We are – in my layman's assessment – far from that yet. But it will be interesting to see if some of the banks in the Q1 quarterly report feel tempted to further increase the discretionary loss buffer. Or if they merely reallocate the existing buffer for the 117th time – this time to “uncertainty regarding the situation in Iran”. Believe me, I am an advocate for a degree of prudence in business management, but in some places, we are starting to approach a level where directors find it hard not to describe the basis for the estimate without smiling. In my world, there will always be risks associated with ordinary operations – and loss provisions on actual loans should reflect that. In my work as an auditor, across all sorts of industries, I have had discussions with various CFOs and CEOs about loss provisions on debtors, which for banks would correspond to loan losses. It is always entertaining to have these discussions when both parties know well that it is one of the items in the financial statements best suited to adjust the annual result with. I do not suspect Danish banks of earnings management – I just hope that the estimated provision has soon reached a level where there is no need to do more. I boldly begin this post by saying that the quarter has been undramatic. This is naturally not how it has been experienced by the employees in the Danish banks who have been affected by the layoffs that were announced and implemented in the quarter. Nevertheless, it is precisely this moment that, for me as an investor, is most crucial in the remainder of 2026: Will we already in the 2026 quarterly reports be able to see the efficiency gains via AI materialize in costs? I am not so naive as to expect to see anything noticeable already in the first half-year – but at the slightest indication that further down the road there could be a 5-10-15% efficiency gain to be had, then we are in a scenario where banks, in my view, need to be repriced – significantly so. So when the first banks later this month publish the results for Q1, the first figure I will look at is operating costs compared to previous periods. The large banks will naturally be the first to move on this agenda – and my expectation/hope is that we, without a magnifying glass, can trace a little already in the Q3 quarterly report. My strength as an investor, however, is patience, so if we have to wait a couple more quarters, it will be fine. Then I will just have to settle for the 10% return on my investment in the meantime… Happy earnings season out there! I would actually have stopped the post here, but from time to time I receive inquiries from you, friends, or colleagues about my current favorite investment, so I can perhaps preempt some of these inquiries by being transparent about my Top 5: 1. Jyske Bank 2. SJF Bank (could something interesting be brewing?) 3. Kreditbanken (how long can it go under the radar?) 4. Dansk Bank 5. AL Sydbank
·14.4.Agree that the calculations of the discretionary provisions are somewhat diffuse. They can also be a problem when a bank buys another bank, because do the shareholders of the acquired bank then get paid for this hidden equity? Unfortunately, it is a requirement from Finanstilsynet, but the calculation should be more objective and/or publicly known.
·3 päivää sittenThanks, Anders, for your insight and update. Always follow your writings with great interest 😊- ·6.1.Already three trading days into the new trading year, there is a basis for taking stock. Shares have generally risen across sectors, so relatively speaking, the increases in bank shares do not stand out significantly. With the exception of Lån & Spar Bank, which is still being driven up by merger speculations. As I have previously argued, it is my view that bank shares are merely undergoing a re-pricing after finally having emerged from the shadows of the financial crisis. The perpetual (and necessary) tightening of capital requirements is now coming to an end – and Danish listed banks thus have historically large capital buffers. My guess is that the last skeptics will disappear when share buyback programs are established to an even greater extent and large (larger) dividends are distributed. When, based on my database, I let algorithms answer the question of which bank shares are still valued below fair value, the field has significantly narrowed compared to a year ago. Especially two shares stand out positively based on key figures: Jyske Bank and Kreditbanken. Jyske Bank's shareholder-friendly strategy with the establishment of a very large buyback program seems to have had the desired effect. And even though the Jyske Bank share has risen almost linearly throughout 2025, it has not altered the fact that the key figures are still very competitive. And the key figures will get another boost when the approximately 3.3 million shares that will have been repurchased in the 2025 program are eliminated. Kreditbanken, even with today's increase, is relatively cheap measured by key figures. Management has already confirmed the year's results and set a somewhat conservative budget for next year (but still with higher expectations for 2026 than they had for 2025 at the same time last year). At the same time, it can hardly be completely ruled out that Kreditbanken is almost at the front of the queue if it turns out that AL Sydbank's former Sydbank customers need to find an alternative. I have therefore personally bought into Jyske Bank and Kreditbanken in recent days.
·6.1.Bank surges on the stock market: 2026 will be historic in a very special way An unusual price increase and high trading have sparked discussion among Kreditbanken's owners. The director confirms the great confidence and reveals a record-high result. Here in 2026, everything is set for a historic celebration. https://jv.dk/aabenraa/bank-buldrer-afsted-paa-aktiemarkedet-2026-bliver-historisk-paa-en-helt-saerlig-maade?teaser-referral=f42a2a4e-518f-4e24-821a-f58e927a0223-7- ·22.12.2025What's happening here?·22.12.2025Anyone short on cash for Christmas presents :) But it will probably end at 7400_7500 today
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
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 Q4 -tulosraportti
Vain PDF
61 päivää sitten
250,00 DKK/osake
Viimeisin osinko
3,09%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.
Shareville
Liity keskusteluun SharevillessäShareville on aktiivisten yksityissijoittajien yhteisö, jossa voit seurata muiden asiakkaiden kaupankäyntiä ja omistuksia.
Kirjaudu
- ·11.4.While we wait… While Q1 in the Danish banking market in isolation has been quite undramatic, the same period on the geopolitical scene has been the exact opposite. Therefore, most of us have probably also experienced larger ripples in our portfolios than what has been pleasant. And uncertainty will probably be a loyal companion for a while yet. The cherished hope is that reason prevails – if not sooner, then at least in connection with the midterm elections in the USA. It is precisely in these tumultuous periods that the advantage of being a long-term investor shows itself. And I see nothing that – yet – impacts the banks' earnings. Interest rate expectations have shifted a bit – but only in an upward direction as a result of rising inflation. It is only if we start to see entire industries having supply problems, which further down the road can result in losses for the banks, that I will begin to reconsider my clear overweight in banks. We are – in my layman's assessment – far from that yet. But it will be interesting to see if some of the banks in the Q1 quarterly report feel tempted to further increase the discretionary loss buffer. Or if they merely reallocate the existing buffer for the 117th time – this time to “uncertainty regarding the situation in Iran”. Believe me, I am an advocate for a degree of prudence in business management, but in some places, we are starting to approach a level where directors find it hard not to describe the basis for the estimate without smiling. In my world, there will always be risks associated with ordinary operations – and loss provisions on actual loans should reflect that. In my work as an auditor, across all sorts of industries, I have had discussions with various CFOs and CEOs about loss provisions on debtors, which for banks would correspond to loan losses. It is always entertaining to have these discussions when both parties know well that it is one of the items in the financial statements best suited to adjust the annual result with. I do not suspect Danish banks of earnings management – I just hope that the estimated provision has soon reached a level where there is no need to do more. I boldly begin this post by saying that the quarter has been undramatic. This is naturally not how it has been experienced by the employees in the Danish banks who have been affected by the layoffs that were announced and implemented in the quarter. Nevertheless, it is precisely this moment that, for me as an investor, is most crucial in the remainder of 2026: Will we already in the 2026 quarterly reports be able to see the efficiency gains via AI materialize in costs? I am not so naive as to expect to see anything noticeable already in the first half-year – but at the slightest indication that further down the road there could be a 5-10-15% efficiency gain to be had, then we are in a scenario where banks, in my view, need to be repriced – significantly so. So when the first banks later this month publish the results for Q1, the first figure I will look at is operating costs compared to previous periods. The large banks will naturally be the first to move on this agenda – and my expectation/hope is that we, without a magnifying glass, can trace a little already in the Q3 quarterly report. My strength as an investor, however, is patience, so if we have to wait a couple more quarters, it will be fine. Then I will just have to settle for the 10% return on my investment in the meantime… Happy earnings season out there! I would actually have stopped the post here, but from time to time I receive inquiries from you, friends, or colleagues about my current favorite investment, so I can perhaps preempt some of these inquiries by being transparent about my Top 5: 1. Jyske Bank 2. SJF Bank (could something interesting be brewing?) 3. Kreditbanken (how long can it go under the radar?) 4. Dansk Bank 5. AL Sydbank·14.4.Agree that the calculations of the discretionary provisions are somewhat diffuse. They can also be a problem when a bank buys another bank, because do the shareholders of the acquired bank then get paid for this hidden equity? Unfortunately, it is a requirement from Finanstilsynet, but the calculation should be more objective and/or publicly known.·3 päivää sittenThanks, Anders, for your insight and update. Always follow your writings with great interest 😊
- ·6.1.Already three trading days into the new trading year, there is a basis for taking stock. Shares have generally risen across sectors, so relatively speaking, the increases in bank shares do not stand out significantly. With the exception of Lån & Spar Bank, which is still being driven up by merger speculations. As I have previously argued, it is my view that bank shares are merely undergoing a re-pricing after finally having emerged from the shadows of the financial crisis. The perpetual (and necessary) tightening of capital requirements is now coming to an end – and Danish listed banks thus have historically large capital buffers. My guess is that the last skeptics will disappear when share buyback programs are established to an even greater extent and large (larger) dividends are distributed. When, based on my database, I let algorithms answer the question of which bank shares are still valued below fair value, the field has significantly narrowed compared to a year ago. Especially two shares stand out positively based on key figures: Jyske Bank and Kreditbanken. Jyske Bank's shareholder-friendly strategy with the establishment of a very large buyback program seems to have had the desired effect. And even though the Jyske Bank share has risen almost linearly throughout 2025, it has not altered the fact that the key figures are still very competitive. And the key figures will get another boost when the approximately 3.3 million shares that will have been repurchased in the 2025 program are eliminated. Kreditbanken, even with today's increase, is relatively cheap measured by key figures. Management has already confirmed the year's results and set a somewhat conservative budget for next year (but still with higher expectations for 2026 than they had for 2025 at the same time last year). At the same time, it can hardly be completely ruled out that Kreditbanken is almost at the front of the queue if it turns out that AL Sydbank's former Sydbank customers need to find an alternative. I have therefore personally bought into Jyske Bank and Kreditbanken in recent days.
- ·6.1.Bank surges on the stock market: 2026 will be historic in a very special way An unusual price increase and high trading have sparked discussion among Kreditbanken's owners. The director confirms the great confidence and reveals a record-high result. Here in 2026, everything is set for a historic celebration. https://jv.dk/aabenraa/bank-buldrer-afsted-paa-aktiemarkedet-2026-bliver-historisk-paa-en-helt-saerlig-maade?teaser-referral=f42a2a4e-518f-4e24-821a-f58e927a0223-7
- ·22.12.2025What's happening here?·22.12.2025Anyone short on cash for Christmas presents :) But it will probably end at 7400_7500 today
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
-
Myynti
Määrä
-
Viimeisimmät kaupat
| Aika | Hinta | Määrä | Ostaja | Myyjä |
|---|---|---|---|---|
| 2 | - | - | ||
| 1 | - | - | ||
| 2 | - | - | ||
| 1 | - | - |
Välittäjätilasto
Dataa ei löytynyt
Asiakkaat katsoivat myös
Yhtiötapahtumat
Datan lähde: FactSet, Quartr| Seuraava tapahtuma | |
|---|---|
2026 Q1 -tulosraportti 13.5. |
| Menneet tapahtumat | ||
|---|---|---|
2025 Q4 -tulosraportti 18.2. | ||
2025 Q3 -tulosraportti 22.10.2025 | ||
2025 Q2 -tulosraportti 13.8.2025 | ||
2025 Q1 -tulosraportti 23.4.2025 | ||
2024 Q4 -tulosraportti 17.2.2025 |
2025 Q4 -tulosraportti
Vain PDF
61 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: FactSet, Quartr| Seuraava tapahtuma | |
|---|---|
2026 Q1 -tulosraportti 13.5. |
| Menneet tapahtumat | ||
|---|---|---|
2025 Q4 -tulosraportti 18.2. | ||
2025 Q3 -tulosraportti 22.10.2025 | ||
2025 Q2 -tulosraportti 13.8.2025 | ||
2025 Q1 -tulosraportti 23.4.2025 | ||
2024 Q4 -tulosraportti 17.2.2025 |
250,00 DKK/osake
Viimeisin osinko
3,09%Tuotto/v
Shareville
Liity keskusteluun SharevillessäShareville on aktiivisten yksityissijoittajien yhteisö, jossa voit seurata muiden asiakkaiden kaupankäyntiä ja omistuksia.
Kirjaudu
- ·11.4.While we wait… While Q1 in the Danish banking market in isolation has been quite undramatic, the same period on the geopolitical scene has been the exact opposite. Therefore, most of us have probably also experienced larger ripples in our portfolios than what has been pleasant. And uncertainty will probably be a loyal companion for a while yet. The cherished hope is that reason prevails – if not sooner, then at least in connection with the midterm elections in the USA. It is precisely in these tumultuous periods that the advantage of being a long-term investor shows itself. And I see nothing that – yet – impacts the banks' earnings. Interest rate expectations have shifted a bit – but only in an upward direction as a result of rising inflation. It is only if we start to see entire industries having supply problems, which further down the road can result in losses for the banks, that I will begin to reconsider my clear overweight in banks. We are – in my layman's assessment – far from that yet. But it will be interesting to see if some of the banks in the Q1 quarterly report feel tempted to further increase the discretionary loss buffer. Or if they merely reallocate the existing buffer for the 117th time – this time to “uncertainty regarding the situation in Iran”. Believe me, I am an advocate for a degree of prudence in business management, but in some places, we are starting to approach a level where directors find it hard not to describe the basis for the estimate without smiling. In my world, there will always be risks associated with ordinary operations – and loss provisions on actual loans should reflect that. In my work as an auditor, across all sorts of industries, I have had discussions with various CFOs and CEOs about loss provisions on debtors, which for banks would correspond to loan losses. It is always entertaining to have these discussions when both parties know well that it is one of the items in the financial statements best suited to adjust the annual result with. I do not suspect Danish banks of earnings management – I just hope that the estimated provision has soon reached a level where there is no need to do more. I boldly begin this post by saying that the quarter has been undramatic. This is naturally not how it has been experienced by the employees in the Danish banks who have been affected by the layoffs that were announced and implemented in the quarter. Nevertheless, it is precisely this moment that, for me as an investor, is most crucial in the remainder of 2026: Will we already in the 2026 quarterly reports be able to see the efficiency gains via AI materialize in costs? I am not so naive as to expect to see anything noticeable already in the first half-year – but at the slightest indication that further down the road there could be a 5-10-15% efficiency gain to be had, then we are in a scenario where banks, in my view, need to be repriced – significantly so. So when the first banks later this month publish the results for Q1, the first figure I will look at is operating costs compared to previous periods. The large banks will naturally be the first to move on this agenda – and my expectation/hope is that we, without a magnifying glass, can trace a little already in the Q3 quarterly report. My strength as an investor, however, is patience, so if we have to wait a couple more quarters, it will be fine. Then I will just have to settle for the 10% return on my investment in the meantime… Happy earnings season out there! I would actually have stopped the post here, but from time to time I receive inquiries from you, friends, or colleagues about my current favorite investment, so I can perhaps preempt some of these inquiries by being transparent about my Top 5: 1. Jyske Bank 2. SJF Bank (could something interesting be brewing?) 3. Kreditbanken (how long can it go under the radar?) 4. Dansk Bank 5. AL Sydbank·14.4.Agree that the calculations of the discretionary provisions are somewhat diffuse. They can also be a problem when a bank buys another bank, because do the shareholders of the acquired bank then get paid for this hidden equity? Unfortunately, it is a requirement from Finanstilsynet, but the calculation should be more objective and/or publicly known.·3 päivää sittenThanks, Anders, for your insight and update. Always follow your writings with great interest 😊
- ·6.1.Already three trading days into the new trading year, there is a basis for taking stock. Shares have generally risen across sectors, so relatively speaking, the increases in bank shares do not stand out significantly. With the exception of Lån & Spar Bank, which is still being driven up by merger speculations. As I have previously argued, it is my view that bank shares are merely undergoing a re-pricing after finally having emerged from the shadows of the financial crisis. The perpetual (and necessary) tightening of capital requirements is now coming to an end – and Danish listed banks thus have historically large capital buffers. My guess is that the last skeptics will disappear when share buyback programs are established to an even greater extent and large (larger) dividends are distributed. When, based on my database, I let algorithms answer the question of which bank shares are still valued below fair value, the field has significantly narrowed compared to a year ago. Especially two shares stand out positively based on key figures: Jyske Bank and Kreditbanken. Jyske Bank's shareholder-friendly strategy with the establishment of a very large buyback program seems to have had the desired effect. And even though the Jyske Bank share has risen almost linearly throughout 2025, it has not altered the fact that the key figures are still very competitive. And the key figures will get another boost when the approximately 3.3 million shares that will have been repurchased in the 2025 program are eliminated. Kreditbanken, even with today's increase, is relatively cheap measured by key figures. Management has already confirmed the year's results and set a somewhat conservative budget for next year (but still with higher expectations for 2026 than they had for 2025 at the same time last year). At the same time, it can hardly be completely ruled out that Kreditbanken is almost at the front of the queue if it turns out that AL Sydbank's former Sydbank customers need to find an alternative. I have therefore personally bought into Jyske Bank and Kreditbanken in recent days.
- ·6.1.Bank surges on the stock market: 2026 will be historic in a very special way An unusual price increase and high trading have sparked discussion among Kreditbanken's owners. The director confirms the great confidence and reveals a record-high result. Here in 2026, everything is set for a historic celebration. https://jv.dk/aabenraa/bank-buldrer-afsted-paa-aktiemarkedet-2026-bliver-historisk-paa-en-helt-saerlig-maade?teaser-referral=f42a2a4e-518f-4e24-821a-f58e927a0223-7
- ·22.12.2025What's happening here?·22.12.2025Anyone short on cash for Christmas presents :) But it will probably end at 7400_7500 today
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
-
Myynti
Määrä
-
Viimeisimmät kaupat
| Aika | Hinta | Määrä | Ostaja | Myyjä |
|---|---|---|---|---|
| 2 | - | - | ||
| 1 | - | - | ||
| 2 | - | - | ||
| 1 | - | - |
Välittäjätilasto
Dataa ei löytynyt