DANSKE Stock Analysis: Danske Bank | CO
Banks - Regional | CO, Denmark | Market Cap: 296.552m DKK | 12M Return: 48.1% | DK0010274414 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 314M
EPS Trend: 86.7%
Qual. Beats: 0
Rev. Trend: 49.4%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Danske Bank A/S is a large-cap Danish financial institution offering a broad suite of banking and financial services to corporate, institutional, and international clients. Its offerings span retail and mortgage banking, insurance, pensions, real-estate brokerage, asset management, and trading in fixed income, foreign exchange, and equities. The company also provides advisory, financing, risk management, and investment services, alongside online and mobile banking and healthcare-related financial solutions.
Operating across Denmark, the Nordics, the UK, Ireland, Lithuania, Luxembourg, Poland, and the United States, Danske Bank serves a wide geographic footprint. Founded in 1871 and headquartered in Copenhagen, it operates as a universal bank with diversified revenue streams across lending, capital markets, and wealth management. As a Diversified Bank under the GICS Financials sector, it competes with other large European universal banks that combine retail and wholesale banking under one platform.
- Net interest margin expansion supported by higher Nordic policy rates
- Estonian money laundering fine resolution removes legacy legal overhang
- Share buyback program accelerates capital return to shareholders
- Mortgage portfolio growth underpins retail loan book expansion
| Net Income: 23.7b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA 3.57 > 1.0 |
| NWC/Revenue: -722.5% < 20% (prev -1.23k%; Δ 506.2% < -1%) |
| CFO/TA 0.01 > 3% & CFO 38.9b > Net Income 23.7b |
| Net Debt (400b) to EBITDA (32.7b): 12.25 < 3 |
| Current Ratio: 0.50 > 1.5 & < 3 |
| Outstanding Shares: last quarter (815.9m) vs 12m ago -2.10% < -2% |
| Gross Margin: 65.14% > 18% (prev 56.31%; Δ 8.84% > 0.5%) |
| Asset Turnover: 2.86% > 50% (prev 2.68%; Δ 0.19% > 0%) |
| Interest Coverage Ratio: 0.83 > 6 (EBIT TTM 31.7b / Interest Expense TTM 38.0b) |
| A: -0.20 (Total Current Assets 773b - Total Current Liabilities 1560b) / Total Assets 3869b |
| B: 0.04 (Retained Earnings 162b / Total Assets 3869b) |
| C: 0.01 (EBIT TTM 31.7b / Avg Total Assets 3804b) |
| D: 0.05 (Book Value of Equity 167b / Total Liabilities 3702b) |
| Altman-Z'' = -1.09 = CCC |
| DSRI: 1.12 (Receivables 9.40b/7.74b, Revenue 109b/100b) |
| GMI: 0.86 (GM 56.31% / 65.14%) |
| AQI: 0.85 (AQ_t 0.80 / AQ_t-1 0.93) |
| SGI: 1.09 (Revenue 109b / 100b) |
| TATA: -0.00 (NI 23.7b - CFO 38.9b) / TA 3869b) |
| Beneish M = -3.08 (Cap -4..+1) = AA |
As of October 06, 2026, the stock is trading at DKK 365.20 with a total of 663,041 shares traded. Over the past week, the price has changed by -4.00%, over one month by -1.99%, over three months by -0.54% and over the past year by +48.06%.
Current recommended Stop Loss: 356.50 (which is 2.4% or 1.4 ATR below the current price).
Danske Bank has no consensus analysts rating.
P/E Trailing = 12.6915
P/E Forward = 12.5786
P/S = 5.134
P/B = 1.7881
P/EG = 6.62
Revenue TTM = 109b DKK
EBIT TTM = 31.7b DKK
EBITDA TTM = 32.7b DKK
Long Term Debt = unknown (none)
Short Term Debt = 639b DKK (from shortTermDebt, last fiscal year)
Debt = 1150b DKK (from shortLongTermDebtTotal, last quarter)
Net Debt = 400b DKK (calculated: Debt 1150b - CCE 750b)
Enterprise Value = 697b DKK (297b + Debt 1150b - CCE 750b)
Interest Coverage Ratio = 0.83 (Ebit TTM 31.7b / Interest Expense TTM 38.0b)
EV/FCF = 18.37x (Enterprise Value 697b / FCF TTM 37.9b)
FCF Yield = 5.44% (FCF TTM 37.9b / Enterprise Value 697b)
FCF Margin = 34.82% (FCF TTM 37.9b / Revenue TTM 109b)
Net Margin = 21.77% (Net Income TTM 23.7b / Revenue TTM 109b)
Gross Margin = 65.14% ((Revenue TTM 109b - Cost of Revenue TTM 38.0b) / Revenue TTM)
Gross Margin QoQ = 59.55% (prev 73.44%)
Tobins Q-Ratio = 0.18 (Enterprise Value 697b / Total Assets 3869b)
Interest Expense / Debt = 3.30% (Interest Expense 38.0b / Debt 1150b)
Taxrate = 25.10% (7.95b / 31.7b)
NOPAT = 23.7b (EBIT 31.7b * (1 - 25.10%))
Current Ratio = 0.50 (Total Current Assets 773b / Total Current Liabilities 1560b)
Debt / Equity = 6.88 (Debt 1150b / totalStockholderEquity, last quarter 167b)
Debt / EBITDA = 12.25 (Net Debt 400b / EBITDA 32.7b)
Debt / FCF = 10.55 (Net Debt 400b / FCF TTM 37.9b)
Total Stockholder Equity = 173b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.62% (Net Income 23.7b / Total Assets 3869b)
RoE = 13.69% (Net Income TTM 23.7b / Total Stockholder Equity 173b)
RoCE = 1.37% (EBIT 31.7b / Capital Employed (Total Assets 3869b - Current Liab 1560b))
RoIC = 0.81% (NOPAT 23.7b / Invested Capital 2942b)
WACC = 3.46% (E(297b)/V(1447b) * Re(7.28%) + D(1150b)/V(1447b) * Rd(3.30%) * (1-Tc(0.25)))
Discount Rate = 7.28% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -94.26 | Cagr: -2.32%
[DCF] Terminal Value 75.44% ; FCFF base≈37.9b ; Y1≈38.1b ; Y5≈40.3b
[DCF] Fair Price = 281.9 (EV 627b - Net Debt 400b = Equity 227b / Shares 806.3m; r=8.35% [WACC [floored]]; 5y FCF grow 0.0% → 2.50% )
EPS Correlation: 86.68 | EPS CAGR: 6.64% | SUE: 0.45 | # QB: 0
Revenue Correlation: 49.35 | Revenue CAGR: 2.28% | SUE: 0.75 | # QB: 0
EPS current Quarter (2026-09-30): EPS=7.69 | Chg30d=+1.32% | Revisions=+57% | Analysts=5
EPS current Year (2026-12-31): EPS=30.38 | Chg30d=+0.32% | Revisions=+64% | GrowthEPS=+8.9% | GrowthRev=+5.0%
EPS next Year (2027-12-31): EPS=32.81 | Chg30d=+0.98% | Revisions=+50% | GrowthEPS=+8.0% | GrowthRev=+4.5%
[Analyst] Revisions Ratio: +76% (up=17, down=1)