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Sydbank A/S (SYDB.CO)

SYDB.CO on Copenhagen Stock Exchange

178.00DKK
19 Oct 2018
Change (% chg)

kr.-0.60 (-0.34%)
Prev Close
kr.178.60
Open
kr.178.40
Day's High
kr.179.00
Day's Low
kr.175.20
Volume
265,267
Avg. Vol
267,332
52-wk High
kr.259.00
52-wk Low
kr.170.60

Latest Key Developments (Source: Significant Developments)

Sydbank Q1 Pre-Tax Profit Above Expectations At DKK 511 Million
Wednesday, 25 Apr 2018 

April 25 (Reuters) - SYDBANK A/S ::REG-SYDBANK’S INTERIM REPORT – Q1 2018.Q1 2018 CORE INCOME OF DKK 1,053M IS ON A PAR WITH LEVEL IN SAME PERIOD IN 2017..LIMITED GROWTH IS PROJECTED FOR DANISH ECONOMY IN 2018.IMPAIRMENT CHARGES FOR 2018 ARE FORECAST TO BE AT A LOW LEVEL.."UNCERTAINTY SURROUNDING PRICE DEVELOPMENTS IN AGRICULTURAL SECTOR MAY HOWEVER AFFECT IMPAIRMENT CHARGES.".2018 TOTAL INCOME IS EXPECTED TO BE ON A PAR WITH INCOME GENERATED IN 2017.COSTS (CORE EARNINGS) ARE PROJECTED TO RISE SLIGHTLY IN 2018..IMPAIRMENT CHARGES FOR 2018 ARE FORECAST TO BE AT A LOW LEVEL..2018 PROFIT AFTER TAX IS EXPECTED TO BE IN RANGE OF DKK 1,340M-1,540M..2018 NON-RECURRING ITEMS, NET, ARE EXPECTED TO REPRESENT AROUND DKK 35M..Q1 TOTAL CORE INCOME DKK 1.05 BILLION (REUTERS POLL DKK 1.10 BILLION).Q1 CORE EARNINGS DKK 418 MILLION (REUTERS POLL DKK 406 MILLION).Q1 PRE-TAX PROFIT DKK 511 MILLION (REUTERS POLL DKK 502 MILLION).  Full Article

Sydbank Increases Ownership Interest In Sparekassen Sjælland-Fyn
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - SYDBANK A/S ::MAJOR SHAREHOLDER ANNOUNCEMENT ACCORDING TO SECTION 29 OF THE DANISH SECURITIES TRADING ACT.INCREASED ITS OWNERSHIP INTEREST TO 5.2% OF SHARE CAPITAL OF SPAREKASSEN SJÆLLAND-FYN.  Full Article

Sydbank Q3 core earnings beat expectations
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - SYDBANK A/S :Q3 CORE EARNINGS DKK 500‍​ MILLION (REUTERS POLL DKK 447 MILLION).SAYS ‍LIMITED GROWTH IS PROJECTED FOR DANISH ECONOMY IN 2017.​.‍IMPAIRMENT CHARGES IN 2017 ARE FORECAST TO BE LOWER THAN LEVEL RECORDED IN 2016.​.2017 CORE INCOME IS EXPECTED TO BE ON A PAR WITH THE CORE INCOME GENERATED IN 2016.Q3 PRE-TAX PROFIT DKK 497‍​ MILLION (REUTERS POLL DKK 450 MILLION).2017 TRADING INCOME IS ANTICIPATED TO REMAIN UNCHANGED RELATIVE TO INCOME IN 2016.  Full Article

Sydbank to issue EUR 75 mln as Tier 2 capital​
Tuesday, 17 Oct 2017 

Oct 17 (Reuters) - SYDBANK A/S :‍WILL ISSUE EUR 75M AS TIER 2 CAPITAL​.‍TIER 2 CAPITAL IS A 12-YEAR ISSUE WITH A FIRST CALL OPTION AFTER 7 YEARS​.‍PRICE IS 3M EURIBOR PLUS 185BP​.  Full Article

Sydbank Q3 pre-tax profit up at DKK 494 million
Wednesday, 2 Nov 2016 

Sydbank A/S : Q3 core earnings 450 million Danish crowns ($66.95 million) versus 387 million crowns year ago . Q3 pre-tax profit 494 million crowns versus 395 million crowns year ago . Q3 total income 1.10 billion crowns versus 1.08 billion crowns year ago . Sees unchanged trading income relative to income for 2015 but dependent on financial market developments . Sees slight decline in core income in 2016 relative to income for 2015 .Sees lower impairment charges in 2016.  Full Article

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Autos drive European shares up to two-week high after NAFTA deal

LONDON European shares hit a two-week high after the United States and Mexico reached a trade agreement, though they gave back gains during the day to end flat, while autos stocks enjoyed a relief rally.