Sydbank stock rises 2.27 percent to a record DKK 721.00

Published on 09/28/2026 at 10:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Sydbank stock traded at a record high on September 25, 2026, while AL Sydbank reported DKK 1,761 million profit for H1. DNB Carnegie set a DKK 760 target.

Modernes Bankgebäude am Hafen von Aabenraa, Sydbank A/S, ISIN DK0010311471 — Fotorealistisches Bankgebäude in Aabenraa zeigt Sydbank A/S, dänische Bank mit ISIN DK0010311471 am Wasser, Illustration mit AI erstellt.

Sydbank stock (ISIN DK0010311471) rose 2.27 percent to DKK 721.00 at the close on September 25, 2026, on Nasdaq Copenhagen. The move took AL Sydbank to a record high and made the share price the immediate market signal for investors tracking the post-merger bank.

Record price meets stronger earnings

AL Sydbank's half-year report showed profit after tax of DKK 1,761 million for H1 2026 and a 13.3 percent return on tangible equity after tax. According to Globenewswire on August 26, 2026, core income reached DKK 5,921 million, up 78 percent from the same period in 2025.

The comparison is not limited to revenue-like income. Core earnings before impairment came to DKK 2,619 million, 54 percent higher than in H1 2025, while loan impairments represented an expense of DKK 151 million, according to Globenewswire.

Target remains below the market price

The valuation debate has become more demanding after the record close. MarketScreener reported on August 31, 2026, that DNB Carnegie raised its target to DKK 760 from DKK 668 and maintained a Buy rating. The target lies 5.41 percent above the DKK 721.00 price.

AL Sydbank also guided for 2026 profit after tax in the DKK 3,500 million to DKK 4,000 million range, with the outlook placed in the upper half of that range. The bank's capital position is another measurable reference point: its CET1 ratio stood at 16.0 percent at the end of H1 2026, compared with 15.8 percent at year-end 2025.

Next results arrive November 5

The next scheduled checkpoint is the Q1-Q3 2026 interim report on November 5, 2026. Globenewswire reported on August 26, 2026, that the release is expected at 8:00 a.m. CEST. For investors, the key test is whether earnings growth and merger integration continue to support the premium implied by the record share price.