Sydbank A/S

Chart & Performance

D1W1MN

P/E

5.62

P/S

1.96

EPS

63.93

Div Yield, %

5.11%

Shrs. gr., 5y

-2.87%

Rev. gr., 5y

18.60%

Revenues

9.57b

+77.52%

Net income

3.30b

+73.75%

CFO

1.87b

-57.23%

Dividend

Mar 22, 202430.56 DKK/sh

Earnings

Feb 26, 2025

Profile

Sydbank A/S, together with its subsidiaries, provides various banking products and services to corporate and retail customers in Denmark and internationally. The company operates in Banking, Asset Management, Sydbank Markets, Treasury, and Other segments. It offers various deposits, and loans and advances; and corporate banking services, including financing solutions and advisory services; and international commercial banking services, such as payment and cash management solutions. The company also provides private banking products and services, such as advice related to pensions, investments, and various financial issues; personal and individual advisory services; and payment card, insurance, and investment products and related services. In addition, it offers advisory and asset management services for investment funds, pooled pension plans, foundations, institutional clients, and wealthy customers; and advice and quotes prices as regards bonds, shares, and foreign exchange, as well as undertakes market-making obligations for institutional clients, central banks, asset managers, foreign and other clients, and banks. Further, the company is involved in macro, equity, and fixed income research activities. Additionally, it deals in mortgage bonds; and provides online solutions. As of December 31, 2021, the company operated through a network of 55 branches in Denmark and 3 branches in Germany. Sydbank A/S was founded in 1970 and is headquartered in Aabenraa, Denmark.

URL

https://www.sydbank.com/

IPO date

Aug 22, 1990

Employees

2,053

Domiciled in

Incorporated in

Valuation

Order:

Title DKK in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title DKK in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	9,570,000 77.52%	5,391,000 13.49%	4,750,000 21.27%
Cost of revenue	1,049,000	1,073,000	1,296,000
Unusual Expense (Income)
NOPBT	8,521,000	4,318,000	3,454,000
NOPBT Margin	89.04%	80.10%	72.72%
Operating Taxes	939,000	504,000	353,000
Tax Rate	11.02%	11.67%	10.22%
NOPAT	7,582,000	3,814,000	3,101,000
Net income	3,303,000 73.75%	1,901,000 34.73%	1,411,000 76.60%
Dividends	(959,000)	(711,000)	(584,000)
Dividend yield	5.83%	4.22%	4.77%
Proceeds from repurchase of equity	(600,000)		(1,677,000)
BB yield	3.65%		13.70%
Debt
Debt current		15,768,000	22,049,000
Long-term debt		14,357,000	15,171,000
Deferred revenue		12,000	6,000
Other long-term liabilities	57,165,000	(8,699,000)	(208,000)
Net debt	(11,786,000)	(60,744,000)	(42,337,000)
Cash flow
Cash from operating activities	1,870,000	4,372,000	(3,292,000)
CAPEX	(92,000)	(72,000)	(152,000)
Cash from investing activities	24,000	(214,000)	(202,000)
Cash from financing activities	559,000	(1,882,000)	2,937,000
FCF	18,625,000	10,979,000	(188,000)
Balance
Cash	6,904,000	30,212,000	22,801,000
Long term investments	4,882,000	60,657,000	56,756,000
Excess cash	11,307,500	90,599,450	79,319,500
Stockholders' equity	14,989,000	12,265,000	11,742,000
Invested Capital	168,812,500	177,133,000	173,177,000
ROIC	4.38%	2.18%	1.82%
ROCE	4.73%	2.28%	1.87%
EV
Common stock shares outstanding	56,032	57,550	59,187
Price	293.60 0.34%	292.60 41.49%	206.80 53.75%
Market cap	16,451,139 -2.30%	16,839,119 37.58%	12,239,819 54.15%
EV	4,704,139	(43,865,881)	(30,055,181)
EBITDA	8,660,000	4,433,000	3,592,000
EV/EBITDA	0.54
Interest	1,502,000	487,000	437,000
Interest/NOPBT	17.63%	11.28%	12.65%