|Bid||0.00 x 0|
|Ask||97.42 x 0|
|Day's Range||96.22 - 97.82|
|52 Week Range||85.90 - 141.10|
|Beta (3Y Monthly)||0.46|
|PE Ratio (TTM)||6.62|
|Earnings Date||Feb 5, 2020|
|Forward Dividend & Yield||8.50 (8.80%)|
|1y Target Est||183.95|
Moody's Investors Service (Moody's) has downgraded all long-term debt ratings of Danske Bank A/S (Danske), including the senior unsecured debt ratings to A3 from A2, junior senior (commonly referred to as senior non-preferred by the market) unsecured debt ratings to Baa3 from Baa2, and the baseline credit assessment (BCA) to baa2 from baa1. The senior unsecured debt ratings now carry a stable outlook.
Company announcement no. 20 2019 Holmens Kanal 2 – 12DK-1092 København KTel. +45 45 14 14 00 5 December 2019 Danske Bank A/S revises 2019 net profit outlook upwards.
As announced on 11 April 2019, Danske Bank and the other owner banks of Danish mortgage credit institution LR Realkredit A/S have entered into an agreement to sell LR Realkredit A/S to Nykredit Realkredit A/S. Today, the sale was approved by the Danish Competition and Consumer Authority, and Danske Bank expects the transaction to be completed before the end of 2019. This means that Danske Bank will book a one-off gain of approximately DKK 0.7-0.8 billion, which is not included in our current outlook of a net profit at the lower end of the DKK 13-15 billion range.
FRANKFURT/NEW YORK (Reuters) - The U.S. Department of Justice has in recent weeks stepped up its investigation into Deutsche Bank's role in the 200 billion euro ($220 billion) Danske Bank money laundering scandal, four people familiar with the inquiry told Reuters. One source said the DoJ's new line of inquiry is whetherDeutsche helped move tainted money from Danske , Denmark's largest lender, into the United States. Officials from the DoJ, who have been working closely withEstonian prosecutors for around a year, have also beguncooperating with Frankfurt state prosecutors, the sources said.
Company announcement no. 18 2019 Holmens Kanal 2 – 12DK-1092 København KTel. +45 45 14 14 00 28 November 2019 Danske Bank appoints new Group COO Danske Bank A/S has.
Company announcement Holmens Kanal 2-12 DK-1092 København K Tel. +45 45 14 14 00 26 November 2019 Structured notes linked to the STOXX Europe 600 Insurance Price EUR and.
14 November 2019 Report no. 18/2019 Transactions made by persons obliged to report transactions to the Danish FSA and Nasdaq Copenhagen, cf. the EU Market Abuse Regulation..
Danske Bank said it's been preliminarily charged by the Danish State Prosecutor for Serious Economic and International Crime with misselling about 8.8 billion Danish kroner ($1.3 billion) of investment advisory services. A criminal complaint had been filed in August. Danske Bank said it found that customers who invested in a product during a certain period between 2017 and 2018 paid fees that were too high as a result of misguided management decision. "We agree that this is a serious matter and that we have not lived up to what our customers should rightfully expect of us. We are compensating all affected customers, just as we are taking the steps necessary to ensure that something like this will not happen again," said CEO Chris Vogelzang.
Danske Bank A/S has today been preliminarily charged by the Danish State Prosecutor for Serious Economic and International Crime (SØIK) with violating the Danish Executive Order on Investor Protection. The preliminary charge follows a criminal complaint that was filed by the Danish Financial Supervisory Authority (the FSA) in connection with their decision of 30 August 2019 in the Flexinvest Fri case.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Danske Bank A/S and other ratings that are associated with the same analytical unit. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future. Credit ratings and outlook/review status cannot be changed in a portfolio review and hence are not impacted by this announcement.
EUROPE MARKETS European stocks advanced on Friday after surprisingly strong data in both the U.S. and China The Stoxx Europe 600 (XX:SXXP) rose 0.68% to 399.43, with the index rising for the fourth week in a row to settle at the highest value since Jan.
The bank is being investigated by Estonia, Denmark, France and the U.S. over allegations that around $230 billion in suspicious funds from Russia and other former Soviet states entered Europe through its tiny branch in Estonia.
Danske Bank shares fell more than 4% on Friday after the troubled lender said its annual profit would come in at the low end of forecasts, and unveiled plans to get costs and compliance under control by 2023. "We need to be a substantially more effective bank," chief financial officer Jacob Aarup-Andersen told Reuters.