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Research

Danske Bank (One-pager): Upgrading full year guidance in connection with the Q3 2024 report

Danske Bank
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Following Danske Banks Q3 2024 report and quarterly numbers from all major Nordic peers we have updated our One-pager including our Nordic peer group to reflect latest estimate changes in the market.

To learn more, you can also catch up on Danske Bank's update of the Q3 2024 result hosted with Head of Investor Relations Claus Ingar Jensen on 11.11.2024.

Presentation of Q3 2024 link (in Danish): https://www.inderes.dk/videos/danske-bank-praesentation-af-regnskabet-for-q3-2024

Disclaimer: HC Andersen Capital receives payment from Danske Bank for a Digital IR/Corporate Visibility subscription agreement. /Rasmus Køjborg, CFA at 11.00 CET on 13.11.2024.

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Danske Bank was founded in 1871 and is Denmark’s largest bank, with headquarters in Copenhagen and activities in Denmark, Sweden, Norway, Finland, Northern Ireland, and the United Kingdom. Danske Bank is engaged in providing payment services, trading in securities and other instruments, depositing of surplus liquidity and the provision of short- and long-term financing. It operates four commercial business units Personal & Business Customers, Large Corporates & Institutions, Danica Pension, and Northern Ireland. The Personal & Business Customers segment provides advisory services to personal customers, Private Banking customers and small and medium-sized businesses in Denmark, Sweden, Norway and Finland. Its Large Corporates & Institutions segment is engaged with providing strategic advice, financial solutions and products to large Nordic and institutional customers. Danica Pension provides pension services within Denmark, and in its Northern Ireland segment, Danske Bank serves personal business and corporate customers in Northern Ireland with some activities in targeted sectors across the rest of the United Kingdom. In 2021 Danske Bank’s market share in Denmark was 25% in lending and 29% in deposits.

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