Danske Bank A/S Q2 2020 Earnings Call Transcript - Thomson StreetEvents

Danske Bank A/S Q2 2020 Earnings Call Transcript

Danske Bank A/S Q2 2020 Earnings Call Transcript - Thomson StreetEvents
Danske Bank A/S Q2 2020 Earnings Call Transcript
Published Jul 17, 2020
Published Jul 17, 2020
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About This Report

  
Abstract:

Edited Transcript of DANSKE.CO earnings conference call or presentation 17-Jul-20 10:30am GMT

  
Report Type:

Transcript

Source:
Thomson StreetEvents
Company:
Danske Bank A/S
Ticker
DANSKE.CO
Time
10:30am GMT
Format:
PDF Adobe Acrobat
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The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Sofie Caroline Elisabet Peterzens - JPMorgan Chase & Co, Research Division - Analyst : Sofie from JPMorgan. Just a quick follow-up on the fees from Danica pension, the guarantee reversal. Is it fair to assume that the first half be in Danica Pension or the insurance fees are now at normalized level? And then you took reversals in your provisions in the first quarter from the macro scenarios. However, we saw some reversals now in the second quarter from the provisions you took in the first quarter. How should we think about further releases from these provisions that you took in the first quarter? What's kind of the -- how should we think about -- basically, my question is, what are the main drivers? And then I would also, if you could just remind us if you do all the SME reporting structure benefit in the second REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. JULY 17, 2020 / 10:30AM, DANSKE.CO - Q2 2020 Danske Bank A/S Earnings Call quarter, should we expect some more to come in the third quarter, fourth quarter? And also, if you could remind us what the software IT intangible benefits will be for Danske?

Question: Sofie Caroline Elisabet Peterzens - JPMorgan Chase & Co, Research Division - Analyst : Basically sorry, basically, with just a follow-up from the previous question. You had very big swings and you had the reversal in the guarantee provision in the second quarter versus the first quarter. But I was just thinking, how should we think about this line within fees going forward? Will it be the first half number a good run rate going forward? Or should we expect that to be lower or higher, i.e., will there be more reversals? Or do we need to do -- or should we expect more provisions?

Table Of Contents

Danske Bank A/S Q4 2020 Earnings Call Transcript – 2021-02-04 – US$ 54.00 – Edited Transcript of DANSKE.CO earnings conference call or presentation 4-Feb-21 12:00pm GMT

Q4 2020 Danske Bank A/S Pre-Close Call Transcript – 2021-01-08 – US$ 54.00 – Edited Transcript of DANSKE.CO conference call or presentation 8-Jan-21 2:00pm GMT

Danske Bank A/S Q3 2020 Earnings Call Transcript – 2020-11-04 – US$ 54.00 – Edited Transcript of DANSKE.CO earnings conference call or presentation 4-Nov-20 12:00pm GMT

Danske Bank A/S Q3 2020 Pre-Close Call Transcript – 2020-10-09 – US$ 54.00 – Edited Transcript of DANSKE.CO conference call or presentation 9-Oct-20 12:00pm GMT

Danske Bank A/S to Discuss the Changes to the Organization and the Executive Leadership Team Call Transcript – 2020-08-25 – US$ 54.00 – Edited Transcript of DANSKE.CO conference call or presentation 25-Aug-20 11:00am GMT

Danske Bank A/S Q2 2020 Pre-Close Call Transcript – 2020-06-22 – US$ 54.00 – Edited Transcript of DANSKE.CO conference call or presentation 22-Jun-20 12:30pm GMT

Danske Bank A/S Q1 2020 Earnings Call Transcript – 2020-04-30 – US$ 54.00 – Edited Transcript of DANSKE.CO earnings conference call or presentation 30-Apr-20 12:30pm GMT

Danske Bank A/S Q1 2020 Earnings Press Conference Transcript – 2020-04-30 – US$ 54.00 – Edited Transcript of DANSKE.CO earnings conference call or presentation 30-Apr-20 8:00am GMT

Danske Bank A/S Q1 2020 Pre-Close Call Transcript – 2020-04-03 – US$ 54.00 – Edited Transcript of DANSKE.CO conference call or presentation 3-Apr-20 12:00pm GMT

Danske Bank A/S Q4 2019 Earnings Call Transcript – 2020-02-05 – US$ 54.00 – Edited Transcript of DANSKE.CO earnings conference call or presentation 5-Feb-20 1:30pm GMT

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Thomson StreetEvents. "Danske Bank A/S Q2 2020 Earnings Call Transcript" Jul 17, 2020. Alacra Store. May 08, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2020-Danske-Bank-A-S-Earnings-Call-T12630604>
  
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Thomson StreetEvents. (2020). Danske Bank A/S Q2 2020 Earnings Call Transcript Jul 17, 2020. New York, NY: Alacra Store. Retrieved May 08, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2020-Danske-Bank-A-S-Earnings-Call-T12630604>
  
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