DNB Carnegie targets Jyske Bank stock at DKK 1,190

Published on 10/18/2026 at 13:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Jyske Bank lifted 2026 earnings guidance to DKK 78-87 on October 12. The October 28 report gives Jyske Bank stock context from DKK 3,680 million profit.

Guidance and valuation timeline

Jyske Bank raised its 2026 earnings per share outlook to DKK 78-87 on October 12, 2026.
DNB Carnegie set a DKK 1,190.00 target for Jyske Bank stock on October 16, 2026.
The Q1-Q3 2026 interim report is scheduled for October 28, 2026 after DKK 3,680 million in nine-month net profit.

Trading-Floor mit großen Bildschirmen, OMXC-Index und Börsenhändlern in Anzügen — Börsen-Editorial zeigt Handelsraum der Nasdaq Kopenhagen wo Jyske Bank A/S DK0010307958 notiert wird, Illustration mit AI erstellt.

Jyske Bank A/S (ISIN DK0010307958) raised its 2026 earnings per share outlook to DKK 78-87 on October 12, 2026, while DNB Carnegie set a DKK 1,190.00 target for the stock on October 16, 2026. The guidance increase gives the upcoming interim report a higher earnings benchmark.

Guidance moves above DKK 71-85

According to Nasdaq, Jyske Bank lifted its previous earnings per share range of DKK 71-85 to DKK 78-87. The bank also raised its 2026 net profit outlook from DKK 4.3 billion-5.1 billion to DKK 4.7 billion-5.2 billion.

The company reported net profit of DKK 3,680 million for the first nine months of 2026, versus DKK 3,992 million in the same period of 2025. Net interest income was DKK 6,586 million, compared with DKK 6,629 million a year earlier, while net fee and commission income rose to DKK 2,231 million from DKK 2,073 million.

Three events shape the case

On October 5, 2026, Jyske Bank disclosed that its buyback had accumulated 2,127,014 treasury shares worth DKK 2,036,620,312, equal to 3.65 percent of share capital, according to Nasdaq. On October 12, the bank raised its 2026 earnings outlook to DKK 78-87. On October 16, DNB Carnegie set a DKK 1,190.00 target, as listed by TargetWatch.

What does the higher outlook mean?

The revised range implies a higher profit floor and ceiling than the earlier forecast, but the first nine months produced DKK 3,680 million of net profit against DKK 4,700 million at the lower end of the new full-year range. The October report will show how much of the upgraded DKK 4.7 billion-5.2 billion outlook is already reflected in quarterly performance.

The next reporting date

Jyske Bank's interim financial report for the first nine months of 2026 is expected on October 28, 2026, according to Nasdaq. The buyback program runs through January 29, 2027, with a maximum value of DKK 3 billion.

Jyske Bank stock awaits the report

Jyske Bank trades on Nasdaq Copenhagen under ticker JYSK.CO, according to Global Banking and Finance. For investors, the central test is whether the DKK 78-87 earnings per share range is supported by the October report and sustained customer activity.

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