UBS raises Jyske Bank stock target to DKK 1,175.00

Published on 10/06/2026 at 10:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter earnings per share rose to DKK 22.48 from DKK 20.02. Jyske Bank stock costs EUR 146.25 versus EUR 144.75 on October 6, 2026.

Flatlay: Aktienzertifikat, ISIN-Karte DK0010307958, Kontoauszug und Rechner — Jyske Bank A/S (DK0010307958) illustriert als Flatlay mit Aktienzertifikat, ISIN-Karte, Kontoauszug und Taschenrechner, Illustration mit AI erstellt.

Jyske Bank stock (ISIN DK0010307958) is facing a higher UBS price target, lifted from DKK 1,075.00 to DKK 1,175.00 on October 2, 2026, according to MarketScreener. UBS retained a neutral rating while increasing the target by DKK 100.00, making the target change the clearest current valuation signal for the Danish lender.

Formuepleje broadens fee income

Jyske Bank agreed to acquire 100% of FP Kapital A/S, the company behind wealth manager Formuepleje, in a transaction announced on September 8, 2026. Financial IT reported that the deal is expected to generate annual net fee income above DKK 0.20 billion and become earnings per share accretive from 2028.

The transaction is planned for completion in the fourth quarter of 2026 and requires regulatory approval, according to Financial IT. That timing leaves the 2026 earnings outlook unchanged while shifting the strategic emphasis toward wealth management and recurring fees.

Second-quarter earnings set the base

Jyske Bank reported second-quarter 2026 earnings per share of DKK 22.48, up from DKK 20.02 in the second quarter of 2025. The figures, published in the earnings coverage of Yahoo Finance on September 19, 2026, show a 12.00 percent year-over-year increase.

Management kept its 2026 earnings per share guidance at DKK 71.00 to DKK 85.00, equivalent to a net profit outlook of DKK 4.30 billion to DKK 5.10 billion. The same call said first-half earnings per share reached DKK 39.00 and that the bank expected to finish in the upper half of its guidance range.

October earnings date approaches

The next earnings date is October 28, 2026, according to Simply Wall St. That report will give investors the next measurable test of the DKK 71.00 to DKK 85.00 earnings per share range and the profit contribution expected from the broader wealth-management strategy.

Jyske Bank stock gains 1.04 percent

Jyske Bank stock was trading at EUR 146.25 at Lang & Schwarz on October 6, 2026 at 10:44 a.m. CEST, plus 1.04 percent versus the prior close of EUR 144.75 on October 5, 2026. The primary listing is Nasdaq Copenhagen, where JYSK.CO was quoted at DKK 1,091.00 on October 6, 2026 at 10:52 a.m. CEST; the separate DKK quote is not combined with the euro move.

The further course of trading is shown by the continuously updated real-time quote of Jyske Bank stock.