Sydbank A/S

SYDB

DK0010311471

Banks

Real-time Estimate Cboe Europe Other stock markets 10:15:51 29/05/2024 BST			5-day change	1st Jan Change
365.8 ^DKK	+0.11%		-0.05%	+24.52%

05-21	Sydbank Agrees to Buy Coop Bank	MT
05-21	Sydbank A/S concluded an agreement to acquire Coop Bank A / S from Coop Amba for approximately DKK 350 million.	CI

Sydbank A/S Announces Retirement of Karen Frøsig, CEO

September 29, 2023 at 07:30 am

Sydbank A/S announced that Karen Frøsig, CEO, has notified the Board of Directors that she wishes to retire in 2024. Karen Frøsig has been with Sydbank since 1994. First as Chief Legal Adviser and since 2008 as a member of the Group Executive Management.

She has held the position of CEO since 2010. The Board of Directors has therefore worked on finding her successor and her replacement has been found. On 1 April 2024 the future CEO will join Sydbank as Deputy Group Chief Executive with a view to being appointed as CEO after a transition period until 31 July 2024 when Karen Frøsig retires.

Deputy Group Chief Executive Bjarne Larsen and Deputy Group Chief Executive Jørn Adam Møller will continue in their positions in the Group Executive Management.

Latest news about Sydbank A/S

Sydbank Agrees to Buy Coop Bank	05-21	MT
Sydbank A/S concluded an agreement to acquire Coop Bank A / S from Coop Amba for approximately DKK 350 million.	05-20	CI
Sydbank A/S Reports Earnings Results for the First Quarter Ended March 31, 2024	05-01	CI
Moody's Changes Sydbank's Outlook to Positive, Confirms Ratings Amid Strong Solvency, Liquidity Profile	04-24	MT
Sydbank A/S acquired unknown additional minority stake in Fynske Bank A/S.	03-25	CI
Sydbank A/S to Distribute Dividend for the Year 2023	03-21	CI
Sydbank A/S Announces Board Changes	03-21	CI
Sydbank A/S's Equity Buyback announced on July 17, 2023, has expired.	03-20	CI
Nordic Stocks Closed Down Wednesday; Electrolux Series a Posted Biggest Loss	02-28	DJ
Sydbank to Launch DKK1.2 Billion Share Buyback	02-28	MT
US Futures, European Stocks Mostly Down	02-28	DJ
Sydbank A/S Reports Earnings Results for the Full Year Ended December 31, 2023	02-28	CI
Sydbank A/S announces an Equity Buyback for 8,000,000 shares, for DKK 1,200 million.	02-28	CI
Sydbank A/S authorizes a Buyback Plan.	02-27	CI
Wind power giant Orsted appoints CFO, head of operations	02-27	RE
Maersk to spin off towage business, list on Copenhagen exchange	02-08	RE
Maersk warns oversupply to hit profits amid Red Sea uncertainty	02-08	RE
Sydbank A/S Provides Earnings Guidance for 2024	01-24	CI
Sydbank A/S to Revises Earnings Expectations Upwards as for 2023	12-21	CI
Sydbank Deputy Group Chief Executive Resigns; Successor Named	12-07	MT
Sydbank A/S Announces Management Changes	12-07	CI
Airline SAS posts Q4 loss as fuel costs, weak crown bite	11-30	RE
Swedish airline SAS secures EU approval for $915 million recapitalisation	11-29	RE
Sydbank A/S Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	11-01	CI
Sydbank A/S Provides Earnings Guidance for the Year 2023	11-01	CI

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Company Profile

Sydbank A/S (the Bank) is a Denmark-based bank. It is engaged in the provision of banking products and services to both individuals and businesses in Denmark and Germany. The Bankâs offering includes such products and services, as loans, savings accounts, cards, pension funds, life insurance, payment services and financing, as well as investment services. The Bank offers also an online banking solution, NetBank, as well as a mobile telephone banking solution, MobilBank, which both enable customers to pay bills and trade securities, among others. The Bank is active through over 90 branches in Denmark and five branches in Germany. Its subsidiaries include: Ejendomsselskabet af 1. juni 1986 A/S, Sydbank (Schweiz) AG in Liquidation, TB Leasing ApS and Sydinvest Administration A/S.

Sector

Banks

Calendar

21/08/2024 - Q2 2024 Earnings Release

Related indices

STOXX EUROPE 600 (EUR)

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Ratings for Sydbank A/S

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

365.4 DKK

Average target price

410 DKK

Spread / Average Target

+12.21%

Consensus

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Quarterly earnings - Rate of surprise

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Other Banks

Sydbank A/S

Equities

SYDB

DK0010311471

Banks

Sydbank A/S Announces Retirement of Karen Frøsig, CEO

EPS Revisions