1. Homepage
  2. Equities
  3. Denmark
  4. Nasdaq Copenhagen
  5. Spar Nord Bank A/S
  6. News
  7. Summary
    SPNO   DK0060036564

SPAR NORD BANK A/S

(SPNO)
  Report
Delayed Nasdaq Copenhagen  -  10:59 2022-08-17 am EDT
88.80 DKK   +0.57%
08/16Share buybacks in Spar Nord Bank – transactions in week 32
GL
08/09Share buybacks in Spar Nord Bank – transactions in week 31
GL
08/02Share buybacks in Spar Nord Bank – transactions in week 30
GL
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Financial results for Q1 2022

05/05/2022 | 02:46am EDT

Company announcement no. 7


Net profit of DKK 276 million and return on equity of 9.9%

Spar Nord had a fairly good start to the year in Q1 2022, recording a continuing increase in the volume of loans arranged, a profit of DKK 276 million after tax and a return on equity of 9.9%.

Having said that, the overriding theme in Q1 was Russia’s invasion of Ukraine and the resulting uncertainty with respect to economic developments. Coupled with rising inflation and lower expectations of economic growth, this resulted in losses on the Bank’s bond and share portfolios. However, in spite of an increase in total management estimates relating to COVID-19 and the uncertainty attaching to the war in Ukraine, impairment charges represented a small income in Q1.

We remain confident about the outlook for 2022, and we especially look forward to the opening of our branch in Hørsholm and the geographical banking areas on Lolland-Falster and in Allerød, said Spar Nord’s CEO Lasse Nyby.


Please direct any questions regarding this release to Rune Brandt Børglum, Head of Investor Relations, on tel. + 45 9634 4236, or by e-mail at rsn@sparnord.dk.

Rune Brandt Børglum
Head of Investor Relations


Attachment


All news about SPAR NORD BANK A/S
08/16Share buybacks in Spar Nord Bank – transactions in week 32
GL
08/09Share buybacks in Spar Nord Bank – transactions in week 31
GL
08/02Share buybacks in Spar Nord Bank – transactions in week 30
GL
07/26Share buybacks in Spar Nord Bank – transactions in week 29
GL
07/19Share buybacks in Spar Nord Bank – transactions in week 28
GL
07/12Share buybacks in Spar Nord Bank – transactions in week 27
GL
07/05Share buybacks in Spar Nord Bank – transactions in week 26
GL
07/05Share buybacks in Spar Nord Bank – transactions in week 26
GL
06/30Spar Nord issues Tier 2 capital
GL
06/30Spar Nord issues Tier 2 capital
GL
More news
Financials
Sales 2022 3 762 M 514 M 514 M
Net income 2022 1 176 M 161 M 161 M
Net Debt 2022 - - -
P/E ratio 2022 9,22x
Yield 2022 6,00%
Capitalization 10 835 M 1 481 M 1 481 M
Capi. / Sales 2022 2,88x
Capi. / Sales 2023 2,70x
Nbr of Employees 1 622
Free-Float 65,3%
Chart SPAR NORD BANK A/S
Duration : Period :
Spar Nord Bank A/S Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends SPAR NORD BANK A/S
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 3
Last Close Price 88,80 DKK
Average target price 102,50 DKK
Spread / Average Target 15,4%
EPS Revisions
Managers and Directors
Lasse Nyby Member-Executive Board
Thorkild H°llsberg Mathiasen Chief Financial Officer
Kjeld Johannesen Chairman
Camilla Kolling Christensen Compliance Officer
Per Nikolaj Bukh Deputy Chairman
Sector and Competitors