An announcement from Jyske Bank A/S ( (GB:0MGD) ) is now available.
Jyske Bank reported a net profit of DKK 5.3 billion for 2024, marking its second-highest profit ever, driven by increased business volumes and strong asset management performance. The bank has completed the integration of Handelsbanken Danmark and PFA Bank, and is launching a significant share buy-back program, reflecting its robust financial health and commitment to shareholder returns. Customer satisfaction has improved across all segments, with notable growth in mortgage loans and assets under management. Looking ahead, Jyske Bank has set a strategic direction focusing on customer orientation, sustainable transition, and digitalization to enhance efficiency and profitability.
More about Jyske Bank A/S
Jyske Bank A/S is a financial services company operating primarily in the banking industry. It offers a range of services including asset management, private banking, and mortgage loans, focusing on both personal and corporate customers. The company is known for its strong market position in Denmark and has been expanding through strategic acquisitions.
YTD Price Performance: 8.12%
Average Trading Volume: 6,935
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: DKK35.31B
Learn more about 0MGD stock on TipRanks’ Stock Analysis page.