Danske Bank AS

DANSKE: XCSE (DNK)
View Stock Summary
Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
DKK 184.00PqrqjRbtktvdgv

Danske Emerging From Money-Laundering Case in Estonia With a Good Strategic Focus

Business Strategy and Outlook

Danske has been through a tumultuous decade, which saw it settle a USD 2 billion lawsuit with the U.S. Department of Justice, left the Baltic countries, refocused on the Nordics, and reduced its exposure to oil and gas borrowers. The bank, which emerged from the tumultuous decade, is finding its footing again supported by a clear strategic focus. As a result, profitability has increased, despite inflated costs due to higher expenses related to improved anti-money-laundering processes.

Sponsor Center