Sydbank AS

Overview

Sydbank AS (SB) is a banking and other financial solutions provider. It offers local and foreign currency-based accounts, consumer and commercial lending, cards, payment services, trade finance, cash letter, international cash management, and other general banking solutions. The bank provides solutions in the areas of equities, treasury, foreign exchange, fixed income, portfolio management, market research and analysis, securities, and international transactions. SB also provides private banking, custody services, and insurance solutions. The bank also provides private banking and insurance solutions. It serves individuals, corporates, pooled pension plan, investment funds, foundations, institutional, and wealthy clients in Denmark and Germany. SB is headquartered in Aabenraa, Denmark.
Key Stats
Address
Peberlyk 4, AABENRAA, Denmark
Headquarters

Denmark

Contact

45 74 373737

Website
www.sydbank.com
No of Employees

2,126

Industry

Financial Services

Ticker Symbol & Exchange​

SYDB [CPH]

Revenue (2020)

$718 m

1.1% (2020 vs 2019)
Net Income (2020)

$122 m

-4.6% (2020 vs 2019)
Net Profit Margin

17 %

-5.4% (2020 vs 2019)
Market Cap *

$1,722 m

EPS *

$2

  *Note: Ratios based on the share price as of 8-September-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters Sydbank ASDanske Bank ASJyske Bank A/SSpar Nord Bank AS
Key Information
Headquarters Denmark Denmark Denmark Denmark
Headquarter City AABENRAA KOEBENHAVN K SILKEBORG AALBORG
Headquarter State/Province - - - -
No. of Employees 2,126 21,926 3,280 1,635
Entity Type Public Public Public Public

Products & Services

SB is a provider of banking and other financial solutions. The key products and services offered by the bank include the following:

Products
  • Accounts
  • Cards
  • Loans
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Services
  • Markets:
  • Equities
  • Fixed Income
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Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
Lars Mikkelgaard- Jensen Chairman Executive Board 2019 67 Mr. Lars Mikkelgaard Jensen has been the Chairman of the company since 2019. He holds Directorship in M.J. Gronbech &...
Karen Frosig Chief Executive Officer Senior Management 2010 63 Ms. Karen Frosig has been the Chief Executive Officer of the bank since 2010. She also serves as the Chairman...
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History

Year Event Description
2020 Contracts/Agreements In October, the company entered into an agreement to acquire Alm. Brand Bank from Alm.…
2019 Acquisitions/Mergers/Takeovers In October, the bank acquired all the shares of Green Team Group A/S, a Christmas…
2019 Plans/Strategy In September, the company announced its plan to merge with Spar Nord Bank AS.
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2015 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam
2015 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam

Locations


Ejendomsselskabet AB
Syd ABB A/S
Syd Administration A/S
DiBa Bank A/S
Alm. Brand Bank A/S
Syd Fund Management A/S
Ejendomsselskabet of 1. June 1986 A/S

Deals

Number of Deals
Deal Value (US$ m)

Latest Deals

Announced Date Headline Deal Type Acquirers / Investors / Surviving Entity Issuer / partner / Target
22 Feb 2021 Opendo Acquires Alm Brand Leasing from Sydbank Acquisition Opendo A/S Alm. Brand Bank A/S
01 Oct 2020 Sydbank Acquire Alm. Brand Bank from Alm. Brand Bank (Almindelig Brand) Acquisition Sydbank AS Alm. Brand Bank A/S
19 Sep 2019 Sydbank to Merge with Spar Nord Bank Merger Sydbank AS; Spar Nord Bank AS
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25 May 2018 Lorem ipsum dolor sit amet, consectetur adipiscing elit Eiusmod Tempor Exercitation cillum velit
18 Feb 2015 Lorem ipsum dolor sit amet, consectetur adipiscing elit Eiusmod Tempor Exercitation cillum velit