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1. Company Snapshot

1.a. Company Description

Vestjysk Bank A/S provides banking products and services for private and business customers in Jutland, Denmark.The company accepts deposits.It also offers lending and financing for real estate, agriculture, fisheries, renewable Energy, private banking, and large customers.


The company was incorporated in 1925 and is based in Herning, Denmark.Vestjysk Bank A/S is a subsidiary of A/S Arbejdernes Landsbank.

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1.b. Last Insights on VJBA

Vestjysk Bank A/S' recent performance was driven by the announcement of a merger agreement with Sydbank and Arbejdernes Landsbank, creating a larger entity under the brand "AL Sydbank A/S". This strategic move aims to enhance competitiveness and efficiency. The merger, expected to be completed with Sydbank as the continuing legal entity, may lead to cost synergies and improved services. According to a company announcement, the Boards of the three banks have agreed to propose the merger to their respective general meetings.

1.c. Company Highlights

2. Transcript Summary

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3. NewsRoom

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Election of board of directors

Dec -04

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Extraordinary general meeting at Sydbank – merger approved

Dec -04

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Sydbank A/S, Arbejdernes Landsbank and Vestjysk Bank receive merger approval from the Danish Competition and Consumer Authority

Dec -01

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Vestjysk Bank (CPSE:VJBA): Assessing Valuation After Strong Recent Share Price Gains

Nov -10

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Publication of exemption document in connection with the merger between Sydbank, Arbejdernes Landsbank and Vestjysk Bank

Nov -05

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Sydbank, Arbejdernes Landsbank and Vestjysk Bank publish merger documents

Oct -29

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Sydbank A/S share buyback programme is terminated

Oct -27

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Sydbank, Arbejdernes Landsbank and Vestjysk Bank enter into merger agreement

Oct -27

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4. Business Breakdown

4.a. Revenues by Country

4.b. Revenues by Segment

5. Expected revenues mid-term growth (4.97%)

6. Segments

Banking and Related Activities

Expected Growth: 4.97%

Vestjysk Bank A/S's 4.97% growth in Banking and Related Activities is driven by increasing demand for digital banking services, strategic expansion into new markets, and a strong focus on customer relationships. Additionally, the bank's efficient cost management and investment in technology have contributed to its growth.

7. Detailed Products

Private Banking

Personalized banking services for individuals, including account management, investment advice, and loan facilities.

Corporate Banking

Financial solutions for businesses, including cash management, trade finance, and risk management.

Mortgage Loans

Long-term loans for purchasing or refinancing residential or commercial properties.

Savings and Deposits

Short-term and long-term savings accounts with competitive interest rates.

Investment Services

Portfolio management, investment advice, and brokerage services for individuals and institutions.

Payment Services

Secure and efficient payment solutions for individuals and businesses.

Insurance Services

Life insurance, non-life insurance, and pension products for individuals and businesses.

8. Vestjysk Bank A/S's Porter Forces

Forces Ranking

Threat Of Substitutes

The threat of substitutes for Vestjysk Bank A/S is medium, as there are alternative financial institutions and digital payment platforms that customers can use.

Bargaining Power Of Customers

The bargaining power of customers is high, as they have many options for banking services and can easily switch to competitors.

Bargaining Power Of Suppliers

The bargaining power of suppliers is low, as Vestjysk Bank A/S has a strong position in the market and can negotiate favorable terms with its suppliers.

Threat Of New Entrants

The threat of new entrants is low, as there are significant barriers to entry in the banking industry, including regulatory requirements and capital requirements.

Intensity Of Rivalry

The intensity of rivalry is high, as there are many banks competing for customers in the Danish market, and Vestjysk Bank A/S must differentiate itself through its products and services.

9. SWOT Analysis

Strength

Weaknesses

Opportunities

Threats

10. Capital Structure

10.a. Balance Sheet

10.b. Weighted Average Cost of capital

Value
Debt Weight 25.79%
Debt Cost 5.65%
Equity Weight 74.21%
Equity Cost 5.65%
WACC 5.65%
Leverage 34.75%

11. Quality Control: Vestjysk Bank A/S passed 5 out of 9 key points

12.a Historical Valuation

12.b Price/Earnings Ratio

12.c Margin Valuation

12.d Peers Valuation

Peers Group Analysis

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Yield: 8.1

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Peers Metrics

12.e Scoring Insights

12.f DCF BETA

Parameters

Short Term Growth

Short term Time

Long-Term Growth

WACC

Target Price

0.25$

Current Price

7.41$

Potential

-96.62%

Expected Cash-Flows