Danske Bank
Financial Performance
Danske Bank Revenue & Financials
Revenue
~$8.6B (FY2024)
Market Cap
$28.5B
Employees
20,000
What is Danske Bank's revenue?
Danske Bank had ~$8.6B in revenue for fiscal year 2024, up 7.6% from 2023.
- Latest revenue
- ~$8.6B (FY2024)
- Year-over-year
- +7.6%
- Growth rate (CAGR)
- 9.7% over 3 years
- Peak revenue
- ~$8.6B (FY2024)
- Years of data
- 4
- Employees
- 20,000
- How many employees does Danske Bank have?
- Danske Bank has about 20,000 employees.
Financial Analysis
Danske Bank delivers stellar financial results marked by record net interest margins, pristine loan quality, and high capital generation. In fiscal 2024, net profit reached DKK 23.6 billion, driven by sustained net interest income of DKK 36.8 billion and expanding corporate advisory commissions. Group total income surpassed DKK 56.4 billion, while the cost-to-income ratio improved to an impressive 45.2%. Danske Bank maintains fortress capital strength, reporting a Common Equity Tier 1 (CET1) capital ratio of 18.2%, standing far above regulatory requirements. The bank returned significant capital to shareholders, maintaining an 80% dividend payout ratio alongside multi-billion-DKK share repurchase programs.
Revenue Trend Analysis
YoY Change
+7.6%
3-Year CAGR
+9.7%
Peak Year
2024
Trend
Mostly Growing
Danske Bank has 4 full fiscal year figures on this page, compounding at +9.7% annually over 3 years. The most recent year saw a 7.6% increase versus the prior year. Annual revenue peaked in fiscal year 2024 at ~$8.6B. Of 3 comparable year-over-year steps, 2 showed growth and 1 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | YoY Change |
|---|---|---|
| FY2024 | ~$8.6B | +7.6% |
| FY2023 | ~$8B | +27.1% |
| FY2022 | ~$6.3B | -3.5% |
| FY2021 | ~$6.5B | — |
Click any row to see year details.
Keep researching Danske Bank
Danske Bank Revenue and Financial FAQ
What was Danske Bank's revenue in 2024?
Danske Bank achieved $56.40 billion in revenue for fiscal year 2024.
Is Danske Bank profitable?
Danske Bank's financial performance balances disciplined operating profitability with strategic reinvestment into engineering, infrastructure, and international sales expansion.
How fast is Danske Bank growing?
Danske Bank has achieved solid compound annual revenue growth supported by strong enterprise customer retention and expanding average contract values.
How does Danske Bank fund its capital expenditures?
Danske Bank funds capital outlays through operating cash flows, institutional credit facilities, and equity capital reserves.
What is Danske Bank's debt profile?
Danske Bank maintains a conservative debt-to-capitalization profile, prioritizing financial flexibility and low interest obligations.
Where does Danske Bank reinvest its profits?
Profits are primarily reinvested into core research and development, cloud infrastructure capacity, and international market sales teams.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Danske Bank Revenue & Financials." CorpDigest, https://corpdigest.com/company/danske-bank/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Danske Bank reported ~$8.6B in revenue (FY2024).</strong><br>Source: <a href="https://corpdigest.com/company/danske-bank/financials" target="_blank" rel="noopener">CorpDigest — Danske Bank financials</a></div>Explore Danske Bank
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