Q4 2024 Danske Bank A/S Pre-Close Call Transcript - Thomson StreetEvents

Q4 2024 Danske Bank A/S Pre-Close Call Transcript

Q4 2024 Danske Bank A/S Pre-Close Call Transcript - Thomson StreetEvents
Q4 2024 Danske Bank A/S Pre-Close Call Transcript
Published Jan 07, 2025
11 pages (5964 words) — Published Jan 07, 2025
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About This Report

  
Abstract:

Edited Transcript of DANSKE.CO conference call or presentation 7-Jan-25 12:00pm GMT

  
Brief Excerpt:

...Good afternoon, and welcome to the Danske Bank Q4 2024 pre-close call. My name is Claus Ingar Jensen, and I'm Head of Investor Relations. With me, I have Nicolai Tvern° and Lewis West from our IR team and please note that this call is being recorded for compliance reasons, and the script used for this call will be published on the Investor Relations website after the call. (Operator instructions) In today's call, I will highlight relevant public data and macroeconomic trends in our markets before the start of the sign-in period of January 17, ahead of publication of our Q4 '24 report on February 7. I will go through the P&L statement line by line and comment on capital at the end. Afterwards, we will open up for a Q&A session. And for the sake of good order, I would also like to highlight the following. I will only answer questions related to already disclosed information as well as publicly available information unless otherwise noted. Connected to this, I wish to highlight that developments...

  
Report Type:

Transcript

Source:
Company:
Danske Bank A/S
Ticker
DANSKE.CO
Time
12:00pm 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: Jan Gjerland - ABG Sundal Collier - Analyst : Thank you for taking my question. I have two, if I may. The first one is on the asset management sale, which you did. The investment fee level in Q4 will be impacted by the sale, but it -- when did the sale actually happen? Was it as in connection with the translation as you did with the rest of the banks? Or it will be limited effects for Q4 when it comes to assets under management?


Question: Jan Gjerland - ABG Sundal Collier - Analyst : Yeah. So we should use that date for it. When it turns to this payment and the fee income line when it comes to spending, et cetera. I didn't catch the full the payment you paid or you got last year or something from a partnership. How much was that number if you can give us that?


Question: Jan Gjerland - ABG Sundal Collier - Analyst : Okay. I think that was all for now. Let's see if I've more. Thank you.


Question: Jan Gjerland - ABG Sundal Collier - Analyst : Yes. I had two more, sorry. The level of hedges, which Sofie pointed to, what is the number now, and for how many years do you have it on the duration? And are you still buying it constantly, so are you still buying it on the way down, so to speak?


Question: Jan Gjerland - ABG Sundal Collier - Analyst : Okay. So it will not show in the -- yeah, it will show in the OCI actually, the change in the value.


Question: Jan Gjerland - ABG Sundal Collier - Analyst :


Question: Jan Gjerland - ABG Sundal Collier - Analyst : Okay. Just on the asset quality, you mentioned that you sort of guided to zero. You had a net reversal now by nine months. You have peers, a very small peer though, coming out with a earnings upgrade when it comes to asset quality. Is it anything, should we read anything into the numbers rather than that zero is between 0.5 high and 0.5 low somewhere?


Question: Jan Gjerland - ABG Sundal Collier - Analyst : Okay. Just final insurance on this Health and Accident portfolio. Is that -- should we treat that separately from the other treatment? Or is the lower end of DKK1.4 billion to DKK1.6 billion for the whole book, including the Health and Accident book?


Question: Jan Gjerland - ABG Sundal Collier - Analyst : Very clear. Thank you. That's all from my side. Thank you for your answers.

Table Of Contents

Danske Bank A/S Q1 2025 Earnings Call Transcript – 2025-05-02 – US$ 106.00 – Edited Transcript of DANSKE.CO earnings conference call or presentation 2-May-25 6:30am GMT

Q1 2025 Danske Bank A/S Pre-Close Call Transcript – 2025-04-04 – US$ 54.00 – Edited Transcript of DANSKE.CO conference call or presentation 4-Apr-25 11:30am GMT

Danske Bank A/S Q4 2024 Earnings Call Transcript – 2025-02-07 – US$ 54.00 – Edited Transcript of DANSKE.CO earnings conference call or presentation 7-Feb-25 7:30am GMT

Danske Bank A/S Q3 2024 Earnings Call Transcript – 2024-10-31 – US$ 54.00 – Edited Transcript of DANSKE.CO earnings conference call or presentation 31-Oct-24 7:30am GMT

Q3 2024 Danske Bank A/S Pre-Close Call Transcript – 2024-10-04 – US$ 54.00 – Edited Transcript of DANSKE.CO conference call or presentation 4-Oct-24 12:00pm GMT

Q2 2024 Danske Bank A/S Pre-Close Call Transcript – 2024-06-21 – US$ 54.00 – Edited Transcript of DANSKE.CO conference call or presentation 21-Jun-24 12:00pm GMT

Q1 2024 Danske Bank A/S Pre-Close Call Transcript – 2024-04-05 – US$ 54.00 – Edited Transcript of DANSKE.CO conference call or presentation 5-Apr-24 11:30am GMT

Danske Bank A/S Q3 2023 Earnings Call Transcript – 2023-10-27 – US$ 54.00 – Edited Transcript of DANSKE.CO earnings conference call or presentation 27-Oct-23 6:30am GMT

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Thomson StreetEvents. "Q4 2024 Danske Bank A/S Pre-Close Call Transcript" Jan 07, 2025. Alacra Store. May 06, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q4-2024-Danske-Bank-A-S-Pre-Close-Call-T16194044>
  
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Thomson StreetEvents. (2025). Q4 2024 Danske Bank A/S Pre-Close Call Transcript Jan 07, 2025. New York, NY: Alacra Store. Retrieved May 06, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q4-2024-Danske-Bank-A-S-Pre-Close-Call-T16194044>
  
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