Danske Bank's future outlook

I’m reading. Strong bank and now the way is open upwards. Tailwind due to interest rates and cost-cutting. The dividend also returned to a reasonable level.

The intention is to ride this diesel for the rest of my life, with an average price of 90kr.

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~+12% today. Are the money laundering woes now wrapped up?

Danske fined 2 billion for money laundering

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Danske Bank A/S revises 2023 net profit outlook upwards. Now expects a net profit of DKK 16.5-18.5 billion

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HC Andersenin Rasmus Køjborg ja Philip Coombes ovat tehneet kevyen analyysin Danske Bankista. :slight_smile:

Our latest Danske Bank One-pager including an updated peer group of Nordic listed peers following the annual reports in recent weeks. Read the One-pager to get an update on the recent development in Danske Bank, its progress in closing its valuation gap with its peers, updates on the key investment risks, key investment reasons, and its Forward ’28 Strategy.

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Fortunately, these are still coming, the latest one today, and nowadays even as machine-translated versions:

The Danes are doing relatively well, see e.g. Jyske Bank’s notes from June 4th regarding Danske Bank: https://www.jyskebank.dk/finansnyt/aktier/publikation

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Danske is no longer a turnaround company. I am keeping my shares because I see Danske Bank as an attractive dividend and capital return play: the bank’s profitability is strong, credit losses are very low, and significant dividends as well as potential share buybacks are expected for shareholders during 2026–2028.

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