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

Danske Bank A/S (OTCMKTS:DNKEY) announced its earnings results on Friday. The financial services provider reported $0.49 earnings per share 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 %

Shares of OTCMKTS DNKEY opened at $18.60 on Friday. Danske Bank A/S has a 52-week low of $13.50 and a 52-week high of $18.66. The stock has a 50 day moving average price of $16.78 and a 200 day moving average price of $15.53. The firm has a market capitalization of $31.58 billion, a price-to-earnings ratio of 9.30 and a beta of 0.73. The company has a debt-to-equity ratio of 7.47, a quick ratio of 1.79 and a current ratio of 1.79.

Danske Bank A/S Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, April 1st. Investors of record on Monday, March 24th were paid a dividend of $0.7642 per share. This is a positive change from Danske Bank A/S’s previous dividend of $0.46. The ex-dividend date was Monday, March 24th. Danske Bank A/S’s dividend payout ratio (DPR) is currently 75.50%.

Wall Street Analysts Forecast Growth

Separately, Morgan Stanley reaffirmed an “overweight” rating on shares of Danske Bank A/S in a 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.