October 22, 2016 2:04 PM ET


Company Overview of Sydbank A/S

Company Overview

Sydbank A/S, together with its subsidiaries, provides various banking services to corporate and retail customers in Denmark and Northern Germany. The company operates in Banking, Asset Management, Sydbank Markets, Treasury, and Other segments. It offers various deposits, and loans and advances. The company also provides private banking services; personal and individual advisory services; and digital information and trading systems for securities and foreign exchange trading. In addition, it offers corporate bank services, including financing solutions; advisory services to corporate clients on the acquisition and sale of enterprises; and export finance, as well as services in the areas of su...

Peberlyk 4

PO Box 1038

Aabenraa,  6200


Founded in 1970

2,032 Employees


45 74 37 37 37


45 74 37 35 49

Key Executives for Sydbank A/S

Chief Executive Officer
Age: 58
Total Annual Compensation: kr5.2M
Deputy Group Chief Executive
Age: 53
Total Annual Compensation: kr4.4M
Deputy Group Chief Executive
Age: 53
Total Annual Compensation: kr4.4M
Compensation as of Fiscal Year 2015.

Sydbank A/S Key Developments

Sydbank A/S To Be Deleted From Other OTC

Sydbank A/S ordinary shares (Denmark) will be deleted from Other OTC, effective October 11, 2016. The deletion was due to inactive security.

Sydbank A/S Announces Earnings Results for the First Half of 2016; Provides Earnings Guidance for the Fiscal Year 2016

Sydbank A/S announced earnings results for the first half of 2016. For the period, the company reported profit of DKK 643 million. This is equal to a return on shareholders' equity of 11.4% p.a. after tax. Core income was DKK 2,101 million. This is a decline of 6% compared to the same period in 2015 when core income was historically high. Total income was DKK 2,224 million. This is a drop of 7% compared with the same period in 2015. For the fiscal year 2016, the company expects slight decline in core income relative to income for 2015; unchanged trading income relative to income for 2015 but dependent on financial market developments; a reduction in costs (core earnings) - in spite of the general pay rises agreed for the financial sector of 1.80% and a payroll tax increase of 1.40% - as a result of the measures implemented and the discontinuation of payments to the deposit guarantee scheme; and lower impairment charges in 2016.

Sydbank A/S, H1 2016 Earnings Call, Aug 25, 2016

Sydbank A/S, H1 2016 Earnings Call, Aug 25, 2016

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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