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Sydbank A/S (SYDB.CO)

SYDB.CO on Copenhagen Stock Exchange

157.90DKK
10:14am GMT
Change (% chg)

kr.0.70 (+0.45%)
Prev Close
kr.157.20
Open
kr.158.10
Day's High
kr.159.40
Day's Low
kr.157.80
Volume
21,723
Avg. Vol
261,296
52-wk High
kr.259.00
52-wk Low
kr.135.50

Latest Key Developments (Source: Significant Developments)

Sydbank Cuts Outlook Fo Profit After Tax In 2018
Tuesday, 18 Dec 2018 

Dec 18 (Reuters) - Sydbank A/S ::REG-SYDBANK TO DOWNGRADE ITS 2018 PROFIT EXPECTATIONS.CONSEQUENTLY PROFIT AFTER TAX IS FORECAST TO BE IN RANGE OF DKK 1,150M-1,225M..AS A RESULT OF FINANCIAL MARKET DEVELOPMENTS, NEGATIVE INVESTMENT PORTFOLIO EARNINGS AS WELL AS LOWER THAN USUAL TRADING INCOME ARE EXPECTED FOR Q4 2018.IN FINANCIAL STATEMENTS FOR Q1-Q3 2018 PROFIT FOR YEAR AFTER TAX WAS EXPECTED TO BE IN RANGE OF DKK 1,250M-1,325M.  Full Article

Sydbank To End Share Buyback Programme
Friday, 14 Dec 2018 

Dec 14 (Reuters) - Sydbank A/S ::REG-SYDBANK TO END SHARE BUYBACK PROGRAMME.BANK'S TOTAL HOLDING OF OWN SHARES EQUALS 9.85% OF BANK'S TOTAL SHARE CAPITAL.UNDER SHARE BUY-BACK PROGRAM 5.9 MILLION OWN SHARES HAVE BEEN REPURCHASED AT TRANSACTION VALUE OF ABOUT DKK 1.18 BLN.  Full Article

Sydbank To End Share Buyback Programme
Friday, 14 Dec 2018 

Dec 14 (Reuters) - Sydbank A/S ::REG-SYDBANK TO END SHARE BUYBACK PROGRAMME.BANK'S TOTAL HOLDING OF OWN SHARES EQUALS 9.85% OF BANK'S TOTAL SHARE CAPITAL.SYDBANK - UNDER SHARE BUY-BACK PROGRAM 5.9 MILLION OWN SHARES HAVE BEEN REPURCHASED AT TRANSACTION VALUE OF ABOUT DKK 950M.  Full Article

Sydbank Q3 Core Earnings Fall To DKK 378 Mln
Wednesday, 31 Oct 2018 

Oct 31 (Reuters) - Sydbank A/S ::REG-SYDBANK’S INTERIM REPORT – Q1-Q3 2018.OUTLOOK FOR 2018 - DOWNWARD REVISION.LIMITED GROWTH IS PROJECTED FOR DANISH ECONOMY IN 2018.COSTS (CORE EARNINGS) ARE PROJECTED TO RISE SLIGHTLY IN 2018.IMPAIRMENT CHARGES FOR 2018 ARE FORECAST TO BE AT A LOW LEVEL.OUTLOOK 2018: TOTAL INCOME IS EXPECTED TO BE LOWER THAN INCOME GENERATED IN 2017..2018 NON-RECURRING ITEMS, NET ARE EXPECTED TO REPRESENT AN INCOME OF AROUND DKK 60M.2018 PROFIT AFTER TAX IS FORECAST TO BE IN RANGE OF DKK 1,250M-1,325M.Q3 CORE EARNINGS DKK 378 MILLION VERSUS DKK 500 MILLION YEAR AGO.SYDBANK - 2018 PROFIT AFTER TAX NOW IS SEEN IN RANGE OF DKK 1,250M-1,325M (PREVIOUSLY IN LOWER PART OF RANGE OF DKK 1,340M-1,540M).Q3 CORE INCOME DKK 963 MILLION VERSUS DKK 1.04 BILLION YEAR AGO.Q3 NET PROFIT DKK 295 MILLION VERSUS DKK 388 MILLION YEAR AGO.  Full Article

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

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Danske Bank drops to last place in private banking survey: Prospera

COPENHAGEN Danske Bank , which is embroiled in a major money laundering scandal, is now the least preferred of the five large banks in Denmark amongst wealthy private banking customers, a survey from Swedish consultancy firm Prospera showed on Friday.