Sydbank A/S
CSE:SYDB

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Sydbank A/S
CSE:SYDB
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Price: 369.6 DKK 2.9%
Market Cap: 19.3B DKK
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Sydbank A/S
Investor Relations

In the heart of Denmark’s financial landscape, Sydbank A/S stands as a testament to resilient banking, blending traditional values with modern financial services. Founded in 1970 through a merger of four local banks, Sydbank has grown to become one of Denmark's largest banks, primarily servicing retail, corporate, and institutional clients. Its roots in Southern Jutland give it a strong regional presence, but its influence extends throughout the country and into the neighboring German market. Sydbank operates through a network of branches and digital platforms, offering a comprehensive suite of financial services. This ranges from day-to-day banking and savings to complex investment and insurance products. Their digital platforms are particularly noteworthy for incorporating innovative technology in banking, allowing customers to manage their finances easily, which has been instrumental in keeping pace with the digital transition of the banking industry.

Sydbank’s profitability hinges on its ability to strike a balance between traditional banking services and fee-based financial products. On one side of the ledger, interest income from loans and mortgages forms the bedrock of its earnings, with the bank taking in deposits at lower interest rates and lending them at higher rates. On the other side, fee income derived from services such as asset management, investment advisory, and trading services adds a critical layer of revenue. Sydbank’s cautious yet strategic approach to risk management underpins its operational model, ensuring long-term sustainability and stability. The bank emphasizes a customer-centric approach, building lasting relationships that foster loyalty and trust—an ethos that has weathered the ups and downs of economic cycles and has helped it maintain a robust competitive position in the Scandinavian banking landscape.

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Earnings Calls

No Earnings Calls Available

Management

Mr. Stig Westergaard
Deputy Group Chief Executive
No Bio Available
Mr. Mark Luscombe
Chief Executive Officer
No Bio Available
Louise Degn-Hansen
Head of Communication
No Bio Available
Else Guldager
Head of Human Resources
No Bio Available
Mr. Steen Sandager
Head of Retail Clients & Private Banking
No Bio Available
Mr. Kim Møller Nielsen
Head of Sydbank In Germany
No Bio Available
Tina Kromann Lyngsø
Group Executive Vice President of Vejle Region
No Bio Available
Mr. Jacob Graven
Vice President
No Bio Available
Mr. Jesper Lund Wimmer
Group Executive Vice President of Næstved Regio
No Bio Available

Contacts

Address
Aabenraa
Peberlyk 4
Contacts
+4574373737.0
www.sydbank.com