Denmark's Jyske Bank Q1 EPS falls

Jyske Bank A/S

06/05/2026 06:40

Overview

Denmark bank's Q1 EPS fell to DKK 17 from DKK 19 a year earlier

Core income declined due to volatile markets and lower short-term interest rates

CET1 capital ratio stood at 15.6%, providing a solid buffer above requirements

Outlook

Jyske Bank plans to scale AI solutions in 2026 to enhance productivity and quality

Result Drivers

MARKET VOLATILITY - Co said negative development in financial markets and lower short-term interest rates weighed on core income and net interest income

VOLUME AND FEE INCOME - Underlying volume growth and higher net fee and commission income, especially from asset management, pension and insurance, partly offset declines

COST CONTROL - Core expenses were nearly unchanged as sector-wide salary increases and inflation were offset by a lower number of employees and stringent cost management

Company press release: ID:nGNEC8Gkp

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 EPS
DKK 17
Q1 CET1 Capital Ratio
15.60%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy"

Wall Street's median 12-month price target for Jyske Bank A/S is DKK967.00, about 9.6% above its May 5 closing price of DKK882.50

The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 12 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)