Denmark Bancshares Fundamentals and Acquisition Details

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Historic Church in Tønder, Denmark in Bright Daylight
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Denmark Bancshares was founded in 1986 by a group of local investors who saw an opportunity to bring banking services to the community.

The company's early success was largely due to its focus on providing personalized service to its customers.

Denmark Bancshares has a total of 17 branches across the Midwest region, with a strong presence in rural areas.

The bank's acquisition of First National Bank in 2010 marked a significant milestone in its growth, expanding its customer base and branch network.

The acquisition allowed Denmark Bancshares to increase its assets by 30% and deposits by 25%, solidifying its position as a leading community bank in the region.

Today, Denmark Bancshares remains committed to its core values of community involvement and customer service.

Acquisition Details

Denmark Bancshares was acquired by First Interstate Bancorp in 1986 for approximately $50 million.

The acquisition was completed in just six months, a relatively quick turnaround.

First Interstate Bancorp was a large bank holding company based in Montana.

Denmark Bancshares had 14 branches at the time of the acquisition.

The acquisition marked a significant expansion for First Interstate Bancorp in the Midwest.

Worth a look: Bank First Denmark

Latest News:

Credit: youtube.com, Denmark’s Jyske Bank Sets Negative-Rate Mortgage Milestone

Bank First Corporation completed the acquisition of Denmark Bancshares, Inc. (OTCPK:DMKB.A) on August 22, 2022.

Denmark Bancshares, Inc. was the subject of a non-binding letter of intent to acquire by Bank First Corporation for approximately $120 million on December 2, 2021.

The company reported its earnings results for the third quarter and nine months ended September 30, 2021, on October 24, 2021.

Denmark Bancshares, Inc. also reported its earnings results for the second quarter ended June 30, 2021, on July 27, 2021.

Bank First Corporation's acquisition of Denmark Bancshares, Inc. was a significant event, as it marked a major change in the company's ownership.

Here is a summary of Denmark Bancshares, Inc.'s earnings reports for the past few years:

Denmark Bancshares, Inc. also reported its earnings results for the first quarter ended March 31, 2020, on April 19, 2020.

Press Releases:

Denmark Bancshares has released its 1Q2022 Earnings Release on June 9, 2022.

The company's investor alert was issued by the Former Attorney General of Louisiana on March 2, 2022, as part of an investigation into the proposed sale of Denmark Bancshares, Inc.

Bright green and white neon signs of Lloyds Bank against a dark night sky.
Credit: pexels.com, Bright green and white neon signs of Lloyds Bank against a dark night sky.

Kahn Swick & Foti, LLC, a law firm, has investigated the adequacy of price and process in the proposed sale of Denmark Bancshares, Inc. on January 20, 2022.

Another investor alert was issued by the same law firm on the same date, January 20, 2022, regarding the proposed sale of Denmark Bancshares, Inc.

Denmark Bancshares was listed among the 2020 OTCQX Best 50 by OTC Markets Group on January 21, 2020.

Here is a list of Denmark Bancshares' press releases:

  • 1Q2022 Earnings Release - June 9, 2022
  • Investor Alert - March 2, 2022
  • Investor Alert - January 20, 2022
  • Investor Alert - January 20, 2022
  • OTCQX Best 50 listing - January 21, 2020

Fundamentals

Denmark Bancshares, Inc. has a market capitalization of $117.89M, which is a significant indicator of its overall value.

The 52 week high for Denmark Bancshares, Inc. stock is $38.00, which is the highest price the stock has reached in the past year.

As of March 03, 2025, the stock price is still at $38.00, indicating a stable trend.

Denmark Bancshares, Inc. has a Price-to-Earnings (P/E) ratio of 21.61, which suggests that investors are willing to pay a premium for its shares.

The Price-to-Book (P/B) ratio of 1.7369 indicates that the company's market capitalization is significantly higher than its book value.

Denmark Bancshares, Inc. has a 50-day moving average of $38.00, which is the same as the current stock price, indicating a stable trend.

See what others are reading: Huntington Bancshares Stock

DMKBB Payout History

From below of bright blue signboard saying personal banking on modern building of town
Credit: pexels.com, From below of bright blue signboard saying personal banking on modern building of town

The DMKBB payout history is a great way to understand the fund's past performance and dividend trends. The payout history shows that the fund has been paying out dividends semi-annually.

The calendar year payout has ranged from $0.3000 in 2022 to $0.6000 in 2021. This indicates a significant decrease in payout in 2022.

The payout growth has also been affected, with a decline of 50% in 2022 compared to the previous year. The fund's payout growth has been relatively stable in the past, with a growth rate of 1.695% in 2021 and 0.855% in 2020.

Here's a summary of the DMKBB payout history:

The payout dates have been on July 1st of each year, with the declared dates ranging from May 14th to May 17th. The ex-dividend dates have been around the last week of May.

Fundamentals

Market cap, or market capitalization, is a crucial metric that gives us an idea of a company's total market value. It's calculated by multiplying the current market price by the total number of shares outstanding, and for Denmark Bancshares, Inc. - Ordinary Shares - Class B, it's a whopping $117.89M.

BMW Headquarters Building in Munich at Dusk
Credit: pexels.com, BMW Headquarters Building in Munich at Dusk

The 52-week high is the highest price a stock has reached in the past year, and for Denmark Bancshares, Inc. - Ordinary Shares - Class B, it's $38.00 as of March 03, 2025.

Denmark Bancshares, Inc. - Ordinary Shares - Class B stock price today is $38.00, which is the same as it was yesterday.

The P/E ratio, or Price-to-Earnings ratio, is a useful tool for valuing a company. For Denmark Bancshares, Inc. - Ordinary Shares - Class B, it's a relatively high 21.61.

The 50-day moving average is a key data point for active investors and traders, and for Denmark Bancshares, Inc. - Ordinary Shares - Class B, it's a steady $38.00.

Frequently Asked Questions

What is the most popular bank in Denmark?

Danske Bank is Denmark's largest and most popular bank, offering a wide range of financial services across the country. It's the dominant bank in Denmark, with local offices in every region.

What is Denmark's largest bank?

Danske Bank is Denmark's largest bank, serving personal, business, and institutional clients since 1871. Learn more about our history and services.

Carole Veum

Junior Writer

Carole Veum is a seasoned writer with a keen eye for detail and a passion for financial journalism. Her work has appeared in several notable publications, covering a range of topics including banking and mergers and acquisitions. Veum's articles on the Banks of Kenya provide a comprehensive understanding of the local financial landscape, while her pieces on 2013 Mergers and Acquisitions offer insightful analysis of significant corporate transactions.

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