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Vestjysk Bank A/S (VJBA.CO)

VJBA.CO on Copenhagen Stock Exchange

4.08DKK
3:59pm BST
Change (% chg)

kr.0.18 (+4.62%)
Prev Close
kr.3.90
Open
kr.3.92
Day's High
kr.4.14
Day's Low
kr.3.92
Volume
562,219
Avg. Vol
1,089,809
52-wk High
kr.5.30
52-wk Low
kr.1.91

Latest Key Developments (Source: Significant Developments)

Vestjysk Bank Upgrades 2019 Profit Expectations
Friday, 28 Jun 2019 

June 28 (Reuters) - Vestjysk Bank A/S ::UPWARD ADJUSTMENT OF PROFIT EXPECTATIONS FOR 2019 AS A RESULT OF UPCOMING SALE OF 75 % OF VESTJYSK BANK'S SHARES IN SPARINVEST HOLDINGS SE.VESTJYSK BANK ADJUSTS ITS PROFIT EXPECTATIONS FOR 2019 UPWARDS BY DKK 135 MILLION FROM INTERVAL DKK 225-275 MILLION TO INTERVAL DKK 360-410 MILLION.IF PUBLIC AUTHORITY APPROVALS ARE OBTAINED WITHIN EXPECTED TIME FRAME, TRANSACTION WILL BE COMPLETED IN Q3 OF 2019..  Full Article

Reg-Vestjysk Bank's Q1 2019 Quarterly Report
Wednesday, 15 May 2019 

May 15 (Reuters) - Vestjysk Bank A/S ::REG-VESTJYSK BANK'S Q1 2019 QUARTERLY REPORT.VESTJYSK BANK REALISED A PROFIT AFTER TAX OF DKK 72 MILLION IN Q1 2019.2019 TOTAL BUSINESS VOLUME IS EXPECTED TO HAVE CAPACITY TO GENERATE A PROFIT AFTER TAX OF AROUND DKK 225-275 MILLION.Q1 NET PROFIT DKK 72 MILLION VERSUS DKK 71 MILLION YEAR AGO.Q1 LOAN LOSSES DKK 22 MILLION VERSUS DKK 41 MILLION YEAR AGO.Q1 NET INTEREST INCOME DKK 125 MILLION VERSUS DKK 130 MILLION YEAR AGO.SALE OF 75 PER CENT OF SPARINVEST HOLDINGS IS EXPECTED TO RESULT IN AN UPGRADE OF PROFIT GUIDANCE FOR 2019 TO A RANGE OF DKK 360-410 MILLION.PROFIT GUIDANCE IS NOT BEING UPGRADED YET, AS THERE IS UNCERTAINTY WITH RESPECT TO CONDITIONS FOR COMPLETION OF SALE.  Full Article

Vestjysk Bank Raises Outlook On Divestment Of Sparinvest Shareholding
Friday, 1 Mar 2019 

March 1 (Reuters) - Vestjysk Bank A/S ::REG-CONDITIONAL AGREEMENT CONCERNING THE SALE OF 75 PER CENT OF SPARINVEST.BEFORE COMPLETION OF TRANSACTION, DIVIDEND WILL BE PAID TO EXISTING SHAREHOLDERS IN AN AMOUNT OF DKK 155 MILLION.TRANSACTION WILL FOR BANK GENERATE AN EXTRAORDINARY TAX-EXEMPT INCOME OF APPROX. DKK 135.0 MILLION.IF CONDITIONS FOR TRANSACTION ARE SATISFIED, TRANSACTION IS EXPECTED TO BE COMPLETED IN Q3 OF 2019.IT IS TO BE EXPECTED THAT THIS WILL RESULT ADJUSTMENT OF EXPECTED PROFIT AFTER TAX TO AROUND DKK 360-410 MILLION.IF SALE IS COMPLETED, VESTJYSK BANK'S COMMON EQUITY TIER 1 CAPITAL RATIO AND TOTAL CAPITAL RATIO WILL BE INCREASED BY APPROX. 1.3 PERCENTAGE POINTS DUE TO EXTRAORDINARY INCOME OF DKK 135 MILLION.  Full Article

Vestjysk Bank Upgrades Net Profit Guidance
Tuesday, 12 Feb 2019 

Feb 12 (Reuters) - Vestjysk Bank A/S ::REG-NET PROFIT GUIDANCE UPGRADED FOLLOWING RECOGNITION OF DEFERRED TAX ASSET.RECOGNISED DEFERRED TAX AT AN AGGREGATE TAX VALUE OF DKK 75 MILLION,.WE THUS UPGRADE AND SPECIFY OUR NET PROFIT GUIDANCE FOR YEAR FROM PREVIOUS RANGE OF DKK 175-250 MILLION TO DKK 290-310 MILLION.TODAY CONSIDERED FIRST DRAFT OF PRELIMINARY FINANCIAL RESULTS FOR FINANCIAL YEAR 2018.  Full Article

Vestjysk Bank Q4 Net Profit At DKK 12 Million
Thursday, 22 Feb 2018 

Feb 22 (Reuters) - VESTJYSK BANK A/S ::REG-VESTJYSK BANK'S 2017 ANNUAL REPORT.Q4 NET INTEREST INCOME DKK 151 MILLION VERSUS DKK 153 MILLION YEAR AGO.TOTAL BUSINESS VOLUME EXPECTED TO HAVE CAPACITY TO GENERATE PROFIT AFTER TAX OF ABOUT DKK 175-250 MILLION IN 2018.Q4 NET PROFIT DKK 12 MILLION VERSUS DKK 54 MILLION YEAR AGO.Q4 LOAN LOSSES DKK ‍93​ MILLION VERSUS DKK 90 MILLION YEAR AGO.  Full Article

Vestjysk Bank Q3 net interest income DKK ‍​144 mln
Wednesday, 22 Nov 2017 

Nov 22 (Reuters) - VESTJYSK BANK A/S ::‍OUTLOOK FOR 2017 MAINTAINED​.Q3 NET INTEREST INCOME DKK ‍​144 MILLION VERSUS DKK 147 MILLION YEAR AGO.Q3 LOAN LOSSES DKK 35‍​ MILLION VERSUS DKK 110 MILLION YEAR AGO.  Full Article

Vestjysk Bank: write-downs in BEC data centre
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - VESTJYSK BANK A/S ::PRESSURE ON TERMS FOR WITHDRAWING FROM OWNERSHIP TRIGGERS WRITE-DOWNS IN THE BEC DATA CENTRE <<>>.‍BEC WILL TAKE A PARTIAL WRITE-DOWN ON ITS DEVELOPMENT ASSETS IN 2017​.‍MAINTAINS ITS CURRENT GUIDANCE OF CORE EARNINGS OF DKK 400-450 MILLION​.  Full Article

Vestjysk Bank's all new shares have been fully subscribed for​
Wednesday, 27 Sep 2017 

Sept 27 (Reuters) - VESTJYSK BANK :RESULT OF THE OFFER OF SHARES WITH PRE-EMPTION RIGHTS IN VESTJYSK BANK .‍ANNOUNCES THAT OFFER OF SHARES WITH PRE-EMPTIVE RIGHTS HAS BEEN FULLY SUBSCRIBED FOR.ON SEPT. 6, VESTJYSK BANK PUBLISHED A PROSPECTUS IN CONNECTION WITH THE OFFERING OF UP TO 744,973,396 NEW SHARES ​.  Full Article

Vestjysk Bank Q2 NII slightly down at DKK 148 mln
Thursday, 10 Aug 2017 

Aug 10 (Reuters) - VESTJYSK BANK A/S ::‍OUTLOOK FOR 2017 MAINTAINED​.H1 PROFIT AFTER TAX OF DKK 108 MILLION (H1 2016: DKK 10 MILLION).Q2 LOAN LOSSES DKK 81‍​ MILLION VERSUS DKK 123 MILLION YEAR AGO.H1 CORE INCOME OF DKK 512 MILLION (H1 2016: DKK 477 MILLION).Q2 NET INTEREST INCOME DKK 148 ‍​MILLION VERSUS DKK 149 MILLION YEAR AGO.Q2 PROFIT AFTER TAX DKK 53 MILLION VERSUS LOSS DKK 2 MILLION YEAR AGO.  Full Article

Vestjysk says board authorised until 31 July 2018 to increase bank's share capital by up to DKK 760 million at minimum par value with pre-emption rights
Monday, 31 Jul 2017 

July 31 (Reuters) - Vestjysk Bank A/S :Vestjysk Bank - board authorised until 31 July 2018 to increase bank's share capital by up to DKK 760 million at minimum par value with pre-emption rights for shareholders.  Full Article