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Jyske Bank A/S (JYSK.CO)

JYSK.CO on Copenhagen Stock Exchange

353.40DKK
27 Mar 2017
Change (% chg)

kr.-1.50 (-0.42%)
Prev Close
kr.354.90
Open
kr.351.90
Day's High
kr.353.90
Day's Low
kr.350.10
Volume
250,598
Avg. Vol
235,133
52-wk High
kr.381.60
52-wk Low
kr.236.90

Latest Key Developments (Source: Significant Developments)

Jyske Bank initiates new share buy-back programme
Wednesday, 1 Mar 2017 02:31am EST 

Jyske Bank A/S : Initiates new share buy-back programme . Share buy-back programme runs as from March 1, 2017 and up to and including September 29, 2017 .Buy-back programme covers a maximum value of up to 500 million Danish crowns ($70.91 million).  Full Article

Jyske Bank CEO sees 50 pct chance of "reasonable" 2017
Tuesday, 21 Feb 2017 03:15am EST 

Jyske Bank : The Danish bank sees a 50 percent chance of a "reasonable result" in 2017, 30 percent chance of a "normal year", and 20 percent chance of a "bad year", its chief executive Anders Dam says in a Reuters telephone interview . Dam says Jyske Bank will be among the last Danish banks to implement negative interest rates for retail clients . "If the other banks do it, and we are flooded with deposits as a result of that, we would have to it as well. But we have no plans to do it at the moment," Dam said. . Dam says he will not comment on whether Jyske Bank will raise contribution rates in its mortgage unit in 2017. . "We gave a guarantee for 2016. And we will not comment any further on our pricing," Dam said. . Shares opened down 3.1 percent but has since regained some of the loss and traded 1.3 percent down at 0803 GMT . For more on the Q4 earnings, click here: [nFWN1G602E] Further company coverage: [JYSK.CO] (Reporting by Teis Jensen, editing by Stine Jacobsen) ((copenhagen.newsroom@thomsonreuters.com; +45 33 96 96 55;)).  Full Article

Jyske Bank Q4 pre-tax profit at DKK 1.50 billion, above consensus
Tuesday, 21 Feb 2017 02:10am EST 

Jyske Bank A/S : Q4 net interest income 1.46 billion Danish crowns ($207.8 million) versus 1.43 billion crowns seen in Reuters poll . Q4 reversal of loan impairment charges 293 million crowns (Reuters poll loan impairment charges 46.4 million crowns) . Q4 pre-tax profit 1.50 billion crowns (Reuters poll 936 million crowns) . Proposes ordinary dividend in amount of about 500 million crowns for FY 2016 . It is anticipated that low level of interest rates and activity will affect earnings capacity of group in 2017 . With respect to home loans, net lending growth of 10 billion - 15 billion crowns is expected in 2017 .It is objective of group to generate return on opening equity of 8-12 percent after tax.  Full Article

Jyske Bank reports Q3 net interest income at DKK 1.60 bln
Thursday, 27 Oct 2016 02:06am EDT 

Jyske Bank : 9-Month net profit: 1,914 million Danish crowns ($280.74 million) (9-month 2015: 1,639 million crowns) . Q3 loan impairment charges 77 million crowns (Reuters poll 36.0 million crowns) . Q3 net interest income 1.60 billion crowns (Reuters poll 1.47 billion crowns) . Q3 pre-tax profit 901 million crowns (Reuters poll 837 million crowns) .It is intention of supervisory board, at AGM in March 2017, to propose a motion for distribution of ordinary dividend for financial year 2016 in line with dividend for FY 2015.  Full Article

Jyske Bank explores possibilities of issuing hybrid Tier 1 capital
Monday, 29 Aug 2016 03:02am EDT 

Jyske Bank : Explores the possibilities of issuing hybrid Tier 1 capital .Announced an adaption of capital structure to long term targets of a capital ratio of 17.5 pct and a core equity ratio of 14 pct.  Full Article

Jyske Bank Q2 pre-tax profit DKK 1.02 bln, above expectations
Thursday, 18 Aug 2016 02:14am EDT 

Jyske Bank : Q2 net interest income 1.45 billion Danish crowns ($220.5 million) (Reuters poll 1.48 billion crowns) . Q2 pre-tax profit 1.02 billion crowns (Reuters poll 696 million crowns) . Q2 reversal of loan losses 105 million crowns (loan losses in Reuters poll 67.6 million crowns) . "It is expected that sales of home loans will continue at a high pace, also in second half of year" .Supervisory board has decided to raise new share buy-back programme launched on July 1 by 500 million crowns to 1 billion crowns.  Full Article

Jyske Bank initiates a new share buy-back programme
Friday, 1 Jul 2016 02:47am EDT 

Jyske Bank A/S : Initiates a new share buy-back programme . Share buy-back programme runs from July 01 2016 to Dec. 31 2016. .Buy-back programme covers a maximum value of up to 500 million Danish crowns ($75 million).  Full Article

Jyske Bank: New capital requirements and share buy-back
Monday, 6 Jun 2016 04:24am EDT 

Jyske Bank : Says for present, objective is a common equity Tier 1 capital ratio of 14 pct and capital ratio of 17.5 pct . Says expects that significant part of its earnings in coming years will be applied to comply with new capital requirements . Says has objective of return on equity after tax in range of 8 pct - 12 pct p.a., corresponding to 10 pct - 15 pct before tax . Says all other things being equal, this objective implies increase of capital ratio by more than 1 percentage point p.a. . New 500 million Danish crowns ($76.34 million) share buy-back program to be launched on July 1 . Program will run to Dec. 31 .Current share buy-back program of 750 million crowns will expire on June 30 at latest, and at present 2,155,000 shares at a value of 623 million crowns have been bought.  Full Article

Jyske Bank issues new supplementary Tier II capital in amount of SEK 1 bln
Thursday, 12 May 2016 10:45am EDT 

Jyske Bank A/S : Says issues new supplementary Tier II capital in amount of 1 billion Swedish crowns ($122.36 million). . Says Jyske Bank's hybrid core capital and Tier II Capital will total 2.1 bln Danish Crowns. .Says issuance will be the first since 2006.  Full Article

Jyske Bank proposes 2015 dividend of DKK 5.25/shr
Tuesday, 23 Feb 2016 03:15am EST 

Jyske Bank A/S:Proposes a dividend of 5.25 Danish crowns per share be paid.  Full Article

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BRIEF-Jyske Bank explores the possibilities of issuing tier 2 capital

* Jyske bank explores the possibilities of issuing subordinated tier 2 capital in euro