Danske Bank A/S (OTCMKTS:DNKEY) Announces Quarterly Earnings Results

Danske Bank A/S (OTCMKTS:DNKEY) released its quarterly earnings results on Friday. The financial services provider reported $0.49 EPS for the quarter, Zacks reports. Danske Bank A/S had a net margin of 41.90% and a return on equity of 13.35%.

Danske Bank A/S Stock Up 7.0 %

DNKEY stock opened at $18.60 on Friday. The stock has a market cap of $31.58 billion, a P/E ratio of 9.30 and a beta of 0.73. The stock’s fifty day simple moving average is $16.78 and its two-hundred day simple moving average is $15.53. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 7.47. Danske Bank A/S has a 1-year low of $13.50 and a 1-year high of $18.66.

Danske Bank A/S Increases Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, April 1st. Stockholders of record on Monday, March 24th were paid a $0.7642 dividend. The ex-dividend date was Monday, March 24th. This is an increase from Danske Bank A/S’s previous dividend of $0.46. Danske Bank A/S’s dividend payout ratio is 75.50%.

Analyst Upgrades and Downgrades

Separately, Morgan Stanley reaffirmed an “overweight” rating on shares of Danske Bank A/S in a research report on Friday, March 7th.

About Danske Bank A/S

Danske Bank A/S provides various banking products and services to corporate, institutional, and international clients. The company offers insurance and pension products, mortgage finance and real-estate brokerage services, asset management and trading services in fixed income products, foreign exchange services, and equities.