Financial Ratios Danske Bank A/S

Equities

DANSKE

DK0010274414

Banks

Real-time Estimate Cboe Europe Other stock markets 14:12:30 21/04/2026 BST			5-day change	1st Jan Change
330.95 ^DKK	-0.20%		-1.58%	+3.80%

10:05am	European Midday Briefing : Stocks Stabilize as Middle East Uncertainty Reigns	DJ
09:51am	Danske Bank cuts mortgage rates across all fixed terms	FW

787fe14abfb19eceff8bab9f6b.GY1vV5s091p_RYL1CiXbi_SZjMg3Qf9gjexbAtwVrHw.auw9E61lowhMNviEOUDt_bnLuqdwNapXtKEtbpIh5Elv-x0Do06hM0ck2w

Published financial data: DANSKE BANK A/S

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Interest Income On Loans	22.08B	31.7B	60.84B	63.02B	54.1B
Interest Income On Investments	35.6B	47.57B	18.75B	17.5B	20.84B
Interest Income, Total	57.68B	79.27B	79.59B	80.53B	74.94B
Interest On Deposits	30.9B	51.24B	47.32B	43.83B	38.33B
Interest Expense, Total	30.9B	51.24B	47.32B	43.83B	38.33B
Net Interest Income	26.77B	28.03B	32.27B	36.7B	36.61B
Income From Trading Activities	36.6B	-32.98B	6.59B	2.67B	2.87B
Gain (Loss) on Sale of Assets	180M	1.42B	-555M	244M	6M
Income (Loss) on Equity Invest. (Income Block)	-6M	9M	-110M	-257M	-14M
Total Other Non Interest Income	-15.98B	49.44B	17.66B	17.05B	17.36B
Non Interest Income, Total	20.8B	17.89B	23.58B	19.71B	20.23B
Revenues Before Provison For Loan Losses	47.57B	45.91B	55.85B	56.4B	56.84B
Provision For Loan Losses	141M	1.5B	262M	-543M	294M
Total Revenues	47.43B	44.41B	55.59B	56.95B	56.55B
Salaries And Other Employee Benefits	15.96B	15.96B	15.56B	15.44B	16.16B
Stock-Based Compensation (IS)	148M	57M	172M	203M	211M
Occupancy Expense	5.97B	5.6B	5B	1.74B	1.55B
Selling General & Admin Expenses, Total	8.7B	9.63B	8.16B	8.29B	7.86B
Total Other Non Interest Expense	-	-64M	-	2M	-1M
Non Operating (Income) Expenses	-	13.8B	-	-	-
Non Interest Expense, Total	30.79B	44.98B	28.88B	25.68B	25.77B
EBT, Excl. Unusual Items	16.64B	-575M	26.71B	31.27B	30.77B
Impairment of Goodwill	-	-1.63B	-	-	-
Asset Writedown	-71M	-82M	-26M	-61M	-74M
EBT, Incl. Unusual Items	16.57B	-2.28B	26.68B	31.21B	30.7B
Income Tax Expense	3.65B	2.78B	5.42B	7.58B	7.66B
Earnings From Continuing Operations	12.92B	-5.07B	21.26B	23.63B	23.04B
Net Income to Company	12.92B	-5.07B	21.26B	23.63B	23.04B
Net Income - (IS)	12.92B	-5.07B	21.26B	23.63B	23.04B
Preferred Dividend and Other Adjustments	451M	86M	-	-	-
Net Income to Common Incl Extra Items	12.47B	-5.15B	21.26B	23.63B	23.04B
Net Income to Common Excl. Extra Items	12.47B	-5.15B	21.26B	23.63B	23.04B
Per Share Items
Net EPS - Basic	14.61	-6.05	24.75	27.86	27.94
Basic EPS - Continuing Operations	14.61	-6.05	24.75	27.86	27.94
Basic Weighted Average Shares Outstanding	853M	852M	859M	848M	825M
Net EPS - Diluted	14.6	-6.05	24.7	27.8	27.9
Diluted EPS - Continuing Operations	14.6	-6.05	24.7	27.8	27.9
Diluted Weighted Average Shares Outstanding	854M	852M	860M	850M	827M
Normalized Basic EPS	12.19	-0.42	19.43	23.05	23.33
Normalized Diluted EPS	12.18	-0.42	19.41	23	23.26
Dividend Per Share	7.5	-	14.5	16.85	16.94
Payout Ratio	13.22	-33.64	28.27	54.07	53.11
American Depositary Receipts Ratio (ADR)	0.5	0.5	0.5	0.5	0.5
Supplemental Items
Effective Tax Rate - (Ratio)	22.03	-121.89	20.31	24.3	24.96
Current Domestic Taxes	2.01B	1.2B	4.85B	4.27B	3.64B
Current Foreign Taxes	1.78B	1.88B	1.61B	2.76B	3.3B
Total Current Taxes	3.79B	3.07B	6.46B	7.03B	6.94B
Deferred Domestic Taxes	84M	845M	29M	1.04B	767M
Deferred Foreign Taxes	414M	400M	455M	4M	-334M
Total Deferred Taxes	498M	1.24B	484M	1.05B	433M
Normalized Net Income	10.4B	-359M	16.69B	19.55B	19.23B
Non-Cash Pension Expense	184M	190M	10M	42M	69M
Supplemental Operating Expense Items
Stock-Based Comp., Other (Total)	148M	57M	172M	203M	211M
Total Stock-Based Compensation	148M	57M	172M	203M	211M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	76.38B	64.11B	113B	142B	120B
Investment Securities, Total	520B	514B	461B	592B	622B
Trading Asset Securities, Total	510B	639B	548B	532B	445B
Total investments	1,030B	1,153B	1,009B	1,123B	1,067B
Gross Loans	1,856B	1,897B	1,737B	1,728B	1,815B
Allowance For Loan Losses	-20.38B	-16.97B	-16.96B	-17B	-16.82B
Other Adjustments to Gross Loans	-	-74.72B	-49.87B	-36.19B	-40.55B
Net Loans	1,836B	1,805B	1,670B	1,675B	1,758B
Net Property Plant And Equipment	12.5B	10.2B	11.43B	10.77B	10.46B
Goodwill	6.13B	4.43B	4.44B	4.44B	4.46B
Other Intangibles, Total	2.69B	2.38B	1.63B	2.3B	3.41B
Investment in Real Estate	2.26B	1.84B	157M	396M	361M
Loans Held For Sale	4.54B	-	110B	-	-
Accrued Interest Receivable	3.45B	4.5B	7.26B	7.35B	7.35B
Other Receivables	5.54B	7.56B	10.38B	13.75B	8.46B
Restricted Cash	287B	168B	253B	101B	130B
Other Current Assets, Total	42.82B	17.4B	11.1B	38.12B	31.58B
Deferred Tax Assets Long-Term (Collected)	512M	969M	1.25B	1.03B	876M
Other Real Estate Owned And Foreclosed	-	-	-	-	-
Other Long-Term Assets, Total	627B	523B	568B	598B	611B
Total Assets	3,936B	3,763B	3,771B	3,716B	3,754B
Liabilities
Accrued Expenses, Total	1.99B	1.8B	1.18B	1.29B	1.1B
Interest Bearing Deposits	1,247B	1,239B	1,180B	1,171B	1,187B
Total Deposits	1,247B	1,239B	1,180B	1,171B	1,187B
Short-Term Borrowings	461B	582B	568B	513B	545B
Current Portion of Long-Term Debt	190B	193B	224B	219B	226B
Long-Term Debt	1,052B	911B	912B	936B	902B
Long-Term Leases	3.91B	2.74B	4.1B	3.79B	3.68B
Current Income Taxes Payable	70M	712M	450M	1.01B	1.46B
Accrued Interest Payable	5.84B	7.63B	12.9B	13.26B	13.03B
Other Current Liabilities - (Bank / Utility Template)	198B	164B	227B	157B	138B
Pension & Other Post Retirement Benefits	441M	366M	301M	275M	250M
Deferred Tax Liability Non-Current	1.79B	1.75B	1.11B	1.22B	1.36B
Other Non Current Liabilities	598B	499B	464B	524B	554B
Total Liabilities	3,759B	3,603B	3,595B	3,540B	3,573B
Common Stock, Total	8.62B	8.62B	8.62B	8.62B	8.35B
Retained Earnings	163B	156B	170B	170B	175B
Comprehensive Income and Other	-578M	-4.16B	-2.94B	-3.37B	-2.56B
Total Common Equity	171B	160B	176B	176B	181B
Minority Interest	5.5B	-	-	-	-
Total Equity	177B	160B	176B	176B	181B
Total Liabilities And Equity	3,936B	3,763B	3,771B	3,716B	3,754B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	853M	851M	860M	834M	815M
ECS Total Common Shares Outstanding	853M	851M	860M	834M	815M
Book Value / Share	200.63	188.4	204.4	210.7	222.29
Tangible Book Value	162B	154B	170B	169B	173B
Tangible Book Value Per Share	190.29	180.41	197.35	202.62	212.63
Total Debt	1,707B	1,688B	1,708B	1,672B	1,677B
Deposits at Interest - Cash	69.61B	57.48B	106B	135B	113B
Debt Equivalent of Unfunded Proj. Benefit Obligation	-2.01B	-1.12B	-505M	-633M	-711M
Net Debt	905B	775B	870B	676B	787B
Equity Method Investments, Total	206M	536M	612M	396M	387M
Full Time Employees	21.75K	21.02K	20.02K	19.58K	19.71K
Part Time Employees	-	-	-	1.73K	1.72K

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	12.92B	-5.07B	21.26B	23.63B	23.04B
Depreciation, Depletion & Amortization	4.88B	4.71B	4.24B	1.03B	516M
Total Depreciation, Depletion & Amortization	4.88B	4.71B	4.24B	1.03B	516M
Amortization of Deferred Charges, Total	-	-	-	-	475M
Total Asset Writedown	-	1.63B	-	-	-
Provision for Credit Losses	141M	1.5B	262M	-544M	294M
(Income) Loss On Equity Investments - (CF)	-175M	-8M	110M	257M	14M
Change in Other Net Operating Assets (Collected)	-14.84B	-95.77B	120B	-60.78B	-73.12B
Other Operating Activities	1.27B	13.39B	4.66B	-2.79B	537M
Cash from Operations	4.19B	-79.62B	151B	-39.2B	-48.25B
Capital Expenditure	-686M	-826M	-841M	-990M	-343M
Sale of Property, Plant, and Equipment	8M	4M	7M	-	2M
Cash Acquisitions	-	-	-	-	-21M
Divestitures	-	2.03B	45M	26M	-
Purchase / Sale of Intangible Assets	-885M	-560M	-540M	-1.27B	-1.66B
Cash from Investing	-1.56B	650M	-1.33B	-2.23B	-2.02B
Long-Term Debt Issued, Total	14.45B	20.05B	22.42B	40.45B	38.47B
Total Debt Issued	14.45B	20.05B	22.42B	40.45B	38.47B
Long-Term Debt Repaid, Total	-10.68B	-31.2B	-24.3B	-47.67B	-34.53B
Total Debt Repaid	-10.68B	-31.2B	-24.3B	-47.67B	-34.53B
Issuance of Common Stock	-	-	-	-	-
Repurchase of Common Stock	-3B	-5.42B	-	-5.25B	-4.8B
Common Dividends Paid	-1.71B	-1.7B	-6.01B	-12.78B	-12.24B
Common & Preferred Stock Dividends Paid	-1.71B	-1.7B	-6.01B	-12.78B	-12.24B
Net Increase (Decrease) in Deposit Accounts - (CF)	-41.75B	-29.74B	-9.49B	-53.26B	70.8B
Special Dividend Paid	-	-	-	-5.43B	-
Other Financing Activities, Total	-466M	-164M	-	-	-
Cash from Financing	-43.15B	-48.17B	-17.38B	-83.94B	57.7B
Foreign Exchange Rate Adjustments	2.63B	-3.32B	794M	1.87B	797M
Miscellaneous Cash Flow Adjustments	-	-	-	-	-
Net Change in Cash	-37.89B	-130B	133B	-124B	8.23B
Supplemental Items
Cash Income Tax Paid (Refund)	2.46B	3.02B	4.56B	10.34B	6.32B
Net Debt Issued / Repaid	3.77B	-11.15B	-1.88B	-7.22B	3.94B

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	0.32	-0.13	0.56	0.63	0.62
Return On Equity %	7.48	-3.01	12.66	13.45	12.95
Return on Common Equity	7.53	-3.11	12.66	13.45	12.95
Shareholders Value Added	-6.96B	-24.96B	1.1B	2.54B	1.69B
Margin Analysis
SG&A Margin	64.6	70.24	51.65	44.72	45.21
Net Interest Income / Total Revenues %	56.45	63.11	58.05	64.44	64.75
EBT Excl. Non-Recurring Items Margin %	35.09	-1.29	48.04	54.92	54.42
Income From Continuing Operations Margin %	27.24	-11.41	38.25	41.49	40.74
Net Income Margin %	27.24	-11.41	38.25	41.49	40.74
Net Avail. For Common Margin %	26.29	-11.61	38.25	41.49	40.74
Normalized Net Income Margin	21.93	-0.81	30.03	34.32	34.01
Asset quality
Nonperforming Loans / Total Loans %	1.53	1.7	1.88	1.65	1.51
Nonperforming Loans / Total Assets %	0.72	0.86	0.87	0.77	0.73
Nonperforming Assets / Total Assets %	0.72	0.86	0.87	0.77	0.73
NPAs / Loans and OREO	1.53	1.7	1.88	1.65	1.51
NPAs / Equity	16.1	20.1	18.61	16.24	15.11
Allowance for Credit Losses / Net Charge-offs %	999.56	351.15	27.36K	-11.56K	1.89K
Allowance for Credit Losses / Nonperforming Loans %	71.64	52.66	51.9	59.58	61.48
Allowance for Credit Losses / Total Loans %	1.1	0.89	0.98	0.98	0.93
Provision for Loan Losses / Net Charge-offs %	6.92	31.08	422.58	369.39	33.07
Capital And Funding
Total Average Common Equity / Total Average Assets %	4.12	4.31	4.44	4.72	4.76
Total Average Equity / Total Average Assets %	4.29	4.38	4.44	4.72	4.76
Total Equity + Allowance for Loan Losses / Total Loans %	10.32	9.35	11.09	11.15	10.91
Gross Loans / Total Deposits %	148.86	153.11	147.18	147.52	152.97
Net Loans / Total Deposits %	147.23	145.71	141.52	142.98	148.14
Tier 1 Capital Ratio %	20	19.6	20.5	19.1	18.2
Total Capital Ratio %	22.4	22.1	23.1	22.4	20.9
Core Tier 1 Capital Ratio	17.7	17.8	18.8	17.8	17.3
Tier 2 Capital Ratio	2.43	2.48	2.51	3.26	2.68
Coverage Ratio	43.52	52.66	51.9	59.58	61.48
Interbank Ratio	97.36	118.45	108.82	158.96	125.39
Fixed Charges Coverage
EBT + Interest Expense / Interest Expense	1.54	0.96	1.56	1.71	1.8
Growth Over Prior Year
Net Interest Income, 1 Yr. Growth %	-4.78	4.68	27.29	4.93	-0.23
Non Interest Income, 1 Yr. Growth %	14.81	-13.99	17.14	12.94	2.64
Provision For Loan Losses, 1 Yr. Growth %	-98.01	965.25	-82.56	-307.25	-154.14
Total Revenues, 1 Yr. Growth %	21.17	-6.36	26.4	9.18	-0.71
Earnings From Cont. Operations, 1 Yr. Growth %	181.54	-139.23	-564.24	11.13	-2.51
Net Income, 1 Yr. Growth %	181.54	-139.23	-564.24	11.13	-2.51
Normalized Net Income, 1 Yr. Growth %	148.5	-103.46	-92.2K	17.09	-1.6
Diluted EPS Before Extra, 1 Yr. Growth %	210.64	-141.45	-554.37	12.55	0.36
Dividend Per Share, 1 Yr. Growth %	275	-	-	16.21	0.53
Gross Loans, 1 Yr. Growth %	-0.24	2.2	-8.43	-0.69	5.07
Allowance For Loan Losses, 1 Yr. Growth %	-1.06	-16.73	-0.04	0.18	-1.03
Net Loans, 1 Yr. Growth %	-0.24	-1.66	-7.48	0.09	4.98
Non Performing Loans, 1 Yr. Growth %	-13.84	-31.2	1.43	-2.2	-4.09
Non Performing Assets, 1 Yr. Growth %	-13.92	-31.21	1.47	-2.21	-4.11
Total Assets, 1 Yr. Growth %	-4.22	-4.39	-0.52	-0.36	1.02
Total Deposits, 1 Yr Growth %	-2.46	-0.64	-4.73	1.46	1.33
Tangible Book Value, 1 Yr. Growth %	7.27	-5.46	10.01	-0.43	3.25
Common Equity, 1 Yr. Growth %	6.89	-6.36	9.65	-0.03	3.78
Total Equity, 1 Yr. Growth %	4.76	-9.27	9.65	-0.03	3.78
Compound Annual Growth Rate Over Two Years
Net Interest Income, 2 Yr. CAGR %	-2.02	-0.16	9.78	20.31	2.32
Non Interest Income, 2 Yr. CAGR %	1.41	-0.63	6.49	-1.06	7.67
Provision For Loan Losses, 2 Yr. CAGR %	-71.44	-53.97	36.31	-39.87	5.93
Total Revenues, 2 Yr. CAGR %	1.12	6.52	8.26	13.79	4.12
Earnings From Cont. Operations, 2 Yr. CAGR %	-7.41	5.09	28.28	127.14	4.09
Net Income, 2 Yr. CAGR %	-7.41	5.09	28.28	127.14	4.09
Normalized Net Income, 2 Yr. CAGR %	2.7	-70.7	26.68	3.18K	7.34
Diluted EPS Before Extra, 2 Yr. CAGR %	-6.5	13.48	30.07	126.14	6.28
Dividend Per Share, 2 Yr. CAGR %	-	-	39.04	-	8.09
Gross Loans, 2 Yr. CAGR %	0.27	0.97	-3.26	-4.56	2.15
Allowance For Loan Losses, 2 Yr. CAGR %	2.87	-9.23	-8.77	0.07	-0.43
Net Loans, 2 Yr. CAGR %	0.24	-0.95	-4.62	-3.68	2.51
Non Performing Loans, 2 Yr. CAGR %	-10.88	-1.21	-16.47	-5.92	-3.15
Non Performing Assets, 2 Yr. CAGR %	-10.89	-1.26	-16.45	-5.9	-3.16
Total Assets, 2 Yr. CAGR %	2.3	-4.31	-2.12	-0.99	0.33
Total Deposits, 2 Yr CAGR %	9.24	-1.55	-2.71	-2.76	1.39
Tangible Book Value, 2 Yr. CAGR %	5.07	0.7	2.22	4.66	1.06
Common Equity, 2 Yr. CAGR %	4.67	0.05	1.31	4.7	1.53
Total Equity, 2 Yr. CAGR %	1.8	-2.51	-0.27	4.7	1.53
Compound Annual Growth Rate Over Three Years
Net Interest Income, 3 Yr. CAGR %	-2.65	0.16	4.7	11.08	13.03
Non Interest Income, 3 Yr. CAGR %	5.08	-4.01	9.2	-1.77	0.16
Provision For Loan Losses, 3 Yr. CAGR %	-28.58	-4.58	-66.69	56.74	-41.94
Total Revenues, 3 Yr. CAGR %	0.07	-1.44	12.41	6.29	8.74
Earnings From Cont. Operations, 3 Yr. CAGR %	-4.56	-30.46	66.71	22.29	71.34
Net Income, 3 Yr. CAGR %	-4.56	-30.46	66.71	22.29	71.34
Normalized Net Income, 3 Yr. CAGR %	-4.87	-66.85	58.58	23.4	919.98
Diluted EPS Before Extra, 3 Yr. CAGR %	-3.33	-28.7	73.86	23.95	72.49
Dividend Per Share, 3 Yr. CAGR %	-4.09	-	93.54	30.97	-
Gross Loans, 3 Yr. CAGR %	1	0.9	-2.27	-2.36	-1.45
Allowance For Loan Losses, 3 Yr. CAGR %	2.19	-4.13	-6.27	-5.88	-0.3
Net Loans, 3 Yr. CAGR %	0.99	-0.4	-3.18	-3.01	-0.88
Non Performing Loans, 3 Yr. CAGR %	-3.22	-3.47	-0.34	-15.24	-5.31
Non Performing Assets, 3 Yr. CAGR %	-3.24	-3.48	-0.36	-15.23	-5.31
Total Assets, 3 Yr. CAGR %	3.22	0.02	-2.82	-1.9	-0.32
Total Deposits, 3 Yr CAGR %	7.82	5.84	-2.63	-2.06	-1.42
Tangible Book Value, 3 Yr. CAGR %	5.64	1.43	3.87	1.33	3.96
Common Equity, 3 Yr. CAGR %	4.75	0.86	3.14	0.86	4.17
Total Equity, 3 Yr. CAGR %	2.67	-2.03	1.38	-0.19	4.17
Compound Annual Growth Rate Over Five Years
Net Interest Income, 5 Yr. CAGR %	-3.7	-1.26	2.14	5.64	5.42
Non Interest Income, 5 Yr. CAGR %	3.71	-2.75	5.64	-0.51	2.24
Provision For Loan Losses, 5 Yr. CAGR %	-3.44	-1.03	-7.51	-20.68	-47.09
Total Revenues, 5 Yr. CAGR %	-0.98	-3.11	3.27	4.19	7.64
Earnings From Cont. Operations, 5 Yr. CAGR %	-8.24	-24.68	7.42	9.41	38.08
Net Income, 5 Yr. CAGR %	-8.24	-24.68	7.42	9.41	38.08
Normalized Net Income, 5 Yr. CAGR %	-7.95	-53.39	6.68	14.66	35.66
Diluted EPS Before Extra, 5 Yr. CAGR %	-6.15	-22.73	8.85	10.73	42.79
Dividend Per Share, 5 Yr. CAGR %	-3.58	-	11.27	-	53.31
Gross Loans, 5 Yr. CAGR %	1.38	1.65	-0.72	-1.32	-0.49
Allowance For Loan Losses, 5 Yr. CAGR %	-4.35	-3.29	-2.34	-2.47	-3.97
Net Loans, 5 Yr. CAGR %	1.45	0.88	-1.29	-1.73	-0.91
Non Performing Loans, 5 Yr. CAGR %	-9.14	-1.34	0.81	-4.46	-3.69
Non Performing Assets, 5 Yr. CAGR %	-9.2	-1.39	0.81	-4.45	-3.71
Total Assets, 5 Yr. CAGR %	2.47	1.23	1.05	-0.24	-1.79
Total Deposits, 5 Yr CAGR %	5.19	3.69	3.48	2.31	-1.47
Tangible Book Value, 5 Yr. CAGR %	2.22	0.91	4.26	2.81	2.74
Common Equity, 5 Yr. CAGR %	2.37	0.82	3.36	2.37	2.49
Total Equity, 5 Yr. CAGR %	1.18	-0.96	1.48	0.6	1.44