Fynske Bank A/S
CCPH:FYNBK198.00
DKK
-2.00
(-1.00%)
ISIN
DK0060520377
Return %
Stock
S&P 500
1Y
18.56
14.20
3Y
35.62
81.12
5Y
54.69
68.34
Capital Structure
DKK
•
in mil. unless spec.Working Capital
DKK
•
in mil. unless spec.Growth Rates
DKK
•
in mil. unless spec.Quarterly Revenue
DKK
•
in mil. unless spec.Quarterly Earnings Per Share
DKK
•
in mil. unless spec.Quarterly Dividends Per Share
DKK
•
in mil. unless spec.Company Description
- CEO
- Henning Dam
- Full Time Employees
- 221
- Sector
- Finance
- Industry
- Major banks
- Address
- Centrumpladsen 19 Svendborg Denmark 5700
- IPO Date
- Oct 12, 2001
- Website
- fynskebank.dk
- Similar Companies
- Business
- Fynske Bank A/S is a Denmark-based regional bank engaged in providing a comprehensive suite of banking and financial services primarily to private customers and small to medium-sized enterprises (SMEs). Its products and services include deposit accounts such as current accounts, savings accounts, and children deposit accounts; various lending products including consumer loans, car loans, mortgage loans, and overdraft loans; guarantees; securities and currency trading; and advisory services covering financing, pensions, investments, and real estate transactions. Additionally, the bank offers insurance products, housing finance, share savings accounts, investment accounts, wealth management services, investment funds, and digital banking services accessible through its branches and online platforms. The bank operates chiefly on the island of Funen and in the Triangle Region of Denmark, maintaining a strong local presence with multiple branch offices. Founded in 1852 and headquartered in Svendborg, Denmark, Fynske Bank ranks among the top Danish savings banks with assets exceeding 9.7 billion DKK as of 2024. In recent significant corporate developments, Fynske Bank entered into a strategic merger agreement with Nordfyns Bank in 2025, a move intended to strengthen its position as a leading local financial institution. The merger, structured as a merger of equals with transaction value approximately DKK 930 million, involves issuing new shares to Nordfyns Bank shareholders and is expected to create a combined entity with enhanced scale, capability, and local market reach. The merger has received unanimous support from both boards and is anticipated to complete by the fourth quarter of 2025, subject to regulatory approvals. This merger supersedes previous competitive bids and represents a major strategic expansion of Fynske Bank's operational footprint and market influence within Denmark. Fynske Bank's business segments primarily focus on retail banking and business banking, delivering tailored solutions for households and local businesses. Its industry classification is banking within the financial services sector. The bank emphasizes personal relationships and advisory services, aligning with its regional savings bank heritage. The company operates under the regulation of the Danish Financial Supervisory Authority and participates in the national deposit guarantee scheme. Its continuing evolution includes digital transformation efforts and expansion of mortgage, investment, and advisory offerings to enhance customer experience and financial accessibility. Fynske Bank’s legal predecessor entities include Vestfyns Bank and Svendborg Sparekasse, consolidated under the current name and structure. Overall, Fynske Bank A/S stands as a well-established regional bank providing diverse financial products including deposit accounts; loans and credit facilities; guarantees; securities, currency and investment services; insurance; pension advisory; wealth management; and digital banking services. The recent merger agreement with Nordfyns Bank marks a significant strategic development aimed at expanding the bank’s presence and capabilities in the Danish market, reinforcing its commitment to serving private individuals and SMEs predominantly across Funen and Jutland regions.