Danske Bank AS

DANSKE: XCSE (DNK)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Danske Earnings: Guidance Increase Is Positive; Danske Is Reaping Benefits of Its Transformation

Niklas Kammer

Oct 31, 2024

Danske reported a good third quarter carried by good developments for costs and loan losses. The better-than-expected performance of these two line items allowed the bank to raise its profit guidance to a range between DKK 22.5 billion and DKK 23.5 billion from a range between DKK 21 billion and 23 billion previously. We maintain our DKK 233 per-share fair value estimate and narrow moat rating.

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Danske Bank AS

Danske Earnings: Guidance Increase Is Positive; Danske Is Reaping Benefits of Its Transformation

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