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Spar Nord Bank A/S (SPNO.CO)

SPNO.CO on Copenhagen Stock Exchange

63.10DKK
10:59am EDT
Change (% chg)

kr.0.20 (+0.32%)
Prev Close
kr.62.90
Open
kr.64.00
Day's High
kr.64.50
Day's Low
kr.62.50
Volume
206,560
Avg. Vol
97,173
52-wk High
kr.84.20
52-wk Low
kr.61.90

Latest Key Developments (Source: Significant Developments)

Spar Nord Bank A/S ‍Upgrades 2018 Core Earnings Guidance
Wednesday, 21 Mar 2018 04:32am EDT 

March 21 (Reuters) - Spar Nord Bank A/S ::‍UPGRADES GUIDANCE FOR CORE EARNINGS BEFORE IMPAIRMENT FOR FY 2018 FROM ABOUT DKK 1.2 BILLION TO ABOUT DKK 1.3 BILLION​.UPGRADES ESTIMATE FOR 2018 PROFIT AFTER TAX FROM AROUND DKK 0.9 BILLION TO AROUND DKK 1.0 BILLION​.  Full Article

Spar Nord To Sell Its Shares In Valueinvest Asset Management
Monday, 12 Mar 2018 08:31am EDT 

March 12 (Reuters) - SPAR NORD BANK A/S ::REG-SPAR NORD TO SELL ITS SHARES IN VALUEINVEST ASSET MANAGEMENT S.A..‍SHAREHOLDERS OF VIAM, INCLUDING SPAR NORD, HAVE TODAY AGREED TO SELL SHARES IN COMPANY TO MACQUARIE​.‍SALE TO MACQUARIE WILL PROVIDE SPAR NORD WITH AN INCOME OF APPROX. DKK 150 MILLION​.‍AMOUNT IS CURRENTLY EXPECTED TO AFFECT SPAR NORD'S FINANCIAL STATEMENTS FOR Q2​.‍SPAR NORD UPGRADES ITS FORECAST OF CORE EARNINGS BEFORE IMPAIRMENT FOR FULL-YEAR 2018 FROM ABOUT DKK 1.1 BILLION TO ABOUT DKK 1.2 BILLION​.2018 ‍NET TAX PROFIT FORECAST WILL BE UPGRADED ACCORDINGLY - TO ABOUT DKK 0.9 BILLION.​.  Full Article

Spar Nord FY Net Interest Income Falls To DKK‍​ 1.55 Billion
Thursday, 8 Feb 2018 02:55am EST 

Feb 8 (Reuters) - SPAR NORD BANK A/S ::SPAR NORD ANNUAL REPORT: DKK 989 MILLION NET PROFIT AND 12.0% RETURN ON EQUITY.FY NET INTEREST INCOME DKK ‍​ 1.55 BILLION VERSUS DKK 1.62 BILLION YEAR AGO.FY CORE EARNINGS DKK 1.25 BILLION VERSUS DKK 1.03 BILLION YEAR AGO.SEES 2018 PROFIT BEFORE IMPAIRMENT OF AROUND DKK 1.1 BILLION‍​.EXPECTS TO REPORT A PROFIT AFTER TAX FOR 2018 OF AROUND DKK 0.8 BILLION.PROPOSES A DIVIDEND OF DKK 3.50 PER SHARE, EQUAL TO A DIVIDEND PAYOUT RATIO OF 43 PERCENT FOR 2017​.  Full Article

Spar Nord issues tier 2 capital
Monday, 9 Oct 2017 10:11am EDT 

Oct 9 (Reuters) - SPAR NORD BANK A/S ::SPAR NORD ISSUES TIER 2 CAPITAL.‍ENTERED INTO AGREEMENT WITH A NUMBER OF SWEDISH INVESTORS TO ISSUE NEW TIER 2 CAPITAL IN FORM OF A BOND LOAN IN AMOUNT OF SEK 600 MILLION (APPROX. DKK 470 MILLION)​.‍BOND LOAN HAS A MATURITY OF 10 YEARS AND CAN BE CALLED AFTER 5 YEARS​.‍COUPON IS 3 MONTH STIBOR PLUS A MARGIN (SEK) OF 250 BASIS POINTS​.  Full Article

Spar Nord Bank Q2 pre-tax profit up at DKK 322.0 ‍​million
Wednesday, 16 Aug 2017 05:05am EDT 

Aug 16 (Reuters) - SPAR NORD BANK A/S ::Q2 PRE-TAX PROFIT DKK 322.0 ‍​ MILLION VERSUS DKK 264.9 MILLION YEAR AGO.Q2 REVERSAL OF LOAN LOSSES (RECLASSIFIED) DKK 10.2‍​ MLN VS LOAN LOSSES DKK 78.9 MLN YR AGO .UPGRADES FY FORECAST FOR CORE EARNINGS BEFORE IMPAIRMENT FROM “AROUND THE DKK 1.1-1.2 BILLION MARK” TO “AROUND DKK 1,250 MILLION”‍​.LOAN IMPAIRMENTS ARE NOW EXPECTED TO BE SUBSTANTIALLY LOWER THAN IN 2016‍​.Q2 NET INTEREST INCOME (RECLASSIFIED) DKK 393.0 MILLION VERSUS DKK 417.2 MILLION YEAR AGO.  Full Article

Spar Nord Bank Q1 net interest income down at DKK 393 million
Wednesday, 3 May 2017 02:31am EDT 

May 3 (Reuters) - SPAR NORD BANK A/S ::Q1 NET INTEREST INCOME DKK 393 MILLION VERSUS DKK 396 MILLION YEAR AGO.Q1 LOAN LOSSES DKK 2 MILLION VERSUS DKK 55 MILLION YEAR AGO.Q1 PRE-TAX PROFIT DKK 398 MILLION VERSUS DKK 204 MILLION YEAR AGO.LOAN IMPAIRMENT LOSSES ARE STILL EXPECTED TO BE LOWER THAN IN 2016.OUTLOOK FOR REST OF 2017, FORECAST FOR FULL-YEAR CORE EARNINGS BEFORE IMPAIRMENT OF DKK 1.1-1.2 BILLION IS MAINTAINED.  Full Article

Spar Nord Bank Q4 net interest income drops to DKK 395.3 mln
Thursday, 9 Feb 2017 05:00am EST 

Spar Nord Bank A/S : Q4 net interest income 395.3 million Danish crowns ($56.88 million) versus 415.8 million crowns year ago . Q4 loan losses 54.6 million crowns versus 75.5 million crowns year ago . Q4 core earnings 185.2 million crowns versus 169.3 million crowns year ago . Solid capital position paves way for recommendation that a dividend of 5 crowns per share be distributed for 2016, equal to a payout ratio of 75% . "Low interest level and presumably sustained relatively moderate demand for loans and financing will once more drive us to fight hard for top line" .2017 core earnings before impairment are expected to hover around the DKK 1.1-1.2 billion mark.  Full Article

Spar Nord Bank: Kjeld Johannesen buys 1 mln shares in Spar Nord Bank
Friday, 2 Dec 2016 06:39am EST 

Spar Nord Bank A/S : Board member Kjeld Johannesen bought 1 million shares in Spar Nord Bank at 1 million Danish crowns ($145,000) .Bangsbo Invest, related to board member Kaj Christiansen, bought 4 million shares in Spar Nord Bank at 4 million crowns.  Full Article

Spar Nord investigates issue of Additional Tier 1 (AT1) capital
Thursday, 17 Nov 2016 03:59am EST 

Spar Nord Bank A/S : Investigates the potential for issuing Additional Tier 1 (AT1) capital . Loan, which is expected to be in order of 400 million Danish crowns ($57.7 million), will have perpetual term with possibility of early redemption five years after issue .Loan will have a trigger of 5 1/8 percent, which means that loan will be written down if Spar Nord's Common Equity Tier 1 (CET1) ratio drops below this limit.  Full Article

BRIEF-Spar Nord Bank A/S ‍Upgrades 2018 Core Earnings Guidance

* ‍UPGRADES GUIDANCE FOR CORE EARNINGS BEFORE IMPAIRMENT FOR FY 2018 FROM ABOUT DKK 1.2 BILLION TO ABOUT DKK 1.3 BILLION​