Press the button and be introduced to a new random company!

Introduce me >

Social media

facebook   Follow us on Twitter

Coverage

BankNordik

BankNordik

DKKm 2021 2022e 2023e
Total Income 666 443 521
Total operating costs -424 -246 -249
Operating profit 336 187 257
EPS Adj 27,15 15,24 21,2
EPS adj growth (%) 61,5 -43,9 39,1
BVPS 213,5 188,09 183,07
NAVPS 213,22 187,82 182,8
DPS 40,2 25 10,91
ROE (%) 13,2 7,9 11,8
RONAV (%) 12,5 7,7 11,5
C/I (%) 64,6 66,2 47,6
Loan losses (%) -1,11 -0,69 0,28
CET1 ratio (%) 23,8 22,2 19,5
P/E Adj (x) 4,4 8,3 5,9
P/BV (x) 0,56 0,67 0,69
P/NAV (x) 0,56 0,67 0,69
Dividend yield (%) 33,6 19,8 8,7
DKKm 2021 2022e 2023e
Net interest income 269 270 356
Net commission income 83 89 90
Trading income 0 0 0
Insurance income 34 47 48
Other operating income 281 37 27
Total income 666 443 521
Personnel costs -424 -246 -249
Other operating costs 0 0 0
Total operating costs -424 -246 -249
Profit before loan losses 242 197 272
Loan losses 84,52 55,5 -23
Investment portfolio -2 -66 8
Other items 12 0 0
Operating profit 336 187 257
Tax -65 -36 -49
Other items after tax 13 0 0
Net profit 285 151 208
Tax rate (%) -19,3 -19 -19
EPS 28,89 15,87 21,83
Net Profit Adj 269 147 203
EPS Adj 27,15 15,24 21,2
Key balance sheet data 2021 0 0
Net lending 7624 8094 8290
Goodwill and intangibles 3 3 3
Total assets 11790 12217 12413
Shareholders equity 2036 1794 1746
Net asset value 2033 1791 1743
Capital adequacy 2021 0 0
Tier 1 Capital, excl.hybrids 1629 1544 1418
Tier 1 Capital, reported 1780 1693 1569
Capital base 1879 1793 1669
Risk exposure amount (BIS II) 6841 6959 7278
Asset quality 2021 0 0
Problem loans, gross 527 537 548
Provisions for problem loans -281 -275 -269
Problem loans, net 246 262 279
Key figures N/A N/A N/A
Profitability 2021 2022 2023
Net interest margin (%) 1,8 2,2 2,9
ROE (%) 13,2 7,9 11,8
RONAV (%) 12,5 7,7 11,5
ROREA (%) 3,4 2,2 2,9
Cost efficiency 2021 0 0
Cost / income Core (%) 64,6 66,2 47,6
Costs / assets Core (%) 2,92 2,05 2,02
Financial position 2021 0 0
Net lending / deposits (%) 96,5 98,6 100,1
REA / assets (%) 58 57 58,6
Common equity tier 1 ratio (%) 23,8 22,2 19,5
Tier 1 ratio, reported (%) 26 24,3 21,6
Capital adequacy (%) 27,5 25,8 22,9
Equity ratio Core (%) 13,8 12,6 11,4
Asset quality 2019 0 0
Problem loans, gross / lending (%) 6,3 6 6
Problem loans, net / lending (%) 3,2 3,2 3,4
Provision ratio (%) 53,3 51,2 49,2
Loan losses, net / lending (%) -1,1 -0,7 0,3