Jyske Bank A/S
JYSK
ISIN DK0010307958 / Valor 1971557
Jyske Bank A/S
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About company
Jyske Bank A/S is a Danish financial institution that offers banking services, including savings accounts, loans, mortgages, investment products, and wealth management services to individuals and businesses.
Summarized from source with an LLMView SourceSector: FinanceLatest Results (20.08.2024):
Core Income Surge
In the fourth quarter of 2023, Jyske Bank A/S reported a significant increase in core income, which surged by 66% to DKK 9,722 million. This substantial growth highlights the bank's strong performance and effective revenue-generating strategies during the period.
Rising Core Expenses
Jyske Bank A/S also experienced a rise in core expenses for Q4 2023, which increased by 25% to DKK 6,103 million. The rise in expenses reflects the bank's investments in various operational areas to support its growth and service delivery.
Loan Impairment Charges
For the fourth quarter of 2023, Jyske Bank A/S reported loan impairment charges amounting to an expense of DKK 127 million. This is a notable change compared to the previous year, where the bank had an income of DKK 605 million from loan impairments.
Net Profit Growth
Jyske Bank A/S achieved a net profit of DKK 5,904 million in Q4 2023, marking a 57% increase from the previous year. This impressive profit growth underscores the bank's robust financial health and successful business strategies.
Dividend Distribution
In December 2023, Jyske Bank A/S distributed an extraordinary dividend of DKK 500 million, or DKK 7.78 per share. Additionally, the Supervisory Board has proposed a similar dividend distribution for the upcoming annual general meeting, reflecting the bank's commitment to returning value to its shareholders.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
4470 M
Market cap (USD)
124,153
Daily traded volume (Shares)
499.4 / 489.6
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
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Ratings & reviews
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