Første regnskaber fra de mindre og mellemstore banker
HC Andersen Capital analyst Rasmus Køjborg, presents an overview of the Mid and small-sized Danish banking sector, analyzing the industry's expectations for 2023, and describing what might lie ahead for the market, as well as summarising the year 2022.
Danish Banks broadly performed well in 2022 in a rising rate environment which saw strong basic earnings (basisindtjeninger) across the sector. In the video, you can get a detailed overview of the small and mid-cap sector's performance from the peer group, which showcases the industry's results and the companies' expectations for 2023.
The companies which have reported expect growth on their profit before tax of 8-31% FY 2023, as the sector benefits from a full year of higher interest rates and expects to overcome shortfalls from a weaker housing market and recession fears.
The video also looks into the individual cases of Danske Andelskassers Bank A/S, Sparekassen Sjælland-Fyn, and BankNordik, walking you through company-specific developments.
To learn more, see the video below or head over to www.Inderes.dk
Disclaimer: HC Andersen Capital receives payment from Sparekassen Sjælland-Fyn and BankNordik for a DigitalIR/corporate visibility subscription agreement./Philip Coombes 11:50 27/02/2023.