Djurslands Bank

What Djurslands Bank does

Djurslands Bank A/S is a publicly traded Danish regional bank headquartered in Grenaa and operating across Østjylland (East Jutland) since 1965. It serves private customers, business customers (Erhverv), young adults aged 18–29 through the UngBank sub-brand, and high-net-worth individuals through a Private Banking proposition, reaching clients via 17+ physical branches supplemented by Netbank, MobileBank, Onlinemøde video advisory, and a digital signing room (Underskriftsrum). The product suite spans deposit and savings accounts, an array of housing credit products (Prioritetslån, Boliglån, Ejendomskredit, Byggekredit, Andelsboliglån), vehicle financing, the Aktiesparekonto tax-advantaged investment account, BankInvest funds, pension products, and bundled insurance through partnerships with Privatsikring, Alm. Brand, and Erhvervssikring.

The core technology stack is a digital banking platform built around the Copenhagen BankData core (logos and authentication delivered via MitID), with e-Boks for official communications, Mastercard Platinum issuance for Private Banking, MobilePay Box for shared household funds, and e-signature for remote transactions. The business model is primarily net interest income from lending (mortgages, priority loans, consumer, and business), supplemented by commissions and fees from investment services, insurance distribution, asset management, and securities gains; the bank reported record Q1 2026 core earnings of 176 million DKK and lifted 2026 pre-tax profit guidance to 285–325 million DKK from 240–280 million DKK.

Go-to-market is sales-led and relationship-based, with dedicated personal advisors who visit customers at their premises, a proactive advisory stance (e.g., flagging customer-beneficial loan restructures), and a sponsorship-heavy brand presence anchored by naming rights to Djurslands Bank Arena in Kongelunden, Aarhus, and a flagship partnership with Skanderborg AGF Håndbold extended to 2029. Capital return is an active discipline: a 35 million DKK share buyback runs through August 2026, a 20.00 DKK per share dividend was approved at the March 2026 AGM, and a 377,460 DKK share capital reduction via cancellation of 37,746 shares was executed. The bank is publicly listed on the Copenhagen Stock Exchange (CPH:DJUR) with PwC as auditor.

Name

Djurslands Bank

Legal name

Djurslands Bank A/S

Website

https://djurslandsbank.dk

Company type

Public

Founded year

1965

Operating status

Operating

Headcount range

251–500 employees

Short description

Djurslands Bank is a publicly listed Danish regional bank headquartered in Grenaa, serving private, business, and Private Banking clients across Østjylland via 17+ branches and digital banking. It offers deposits, mortgages, loans, investment, pension, and insurance products, with revenue driven primarily by net interest income.

Ownership category

akta.pro rank

Headquarters

HQ city

Grenaa

HQ country

Denmark

HQ region

Europe

Offices17 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Net Interest Income: Interest income from lending activities including mortgage loans, priority loans, consumer loans, and business loans. Core earnings from improved interest rate environment.
2. Commission and Fee Income: Fees from investment services, insurance products, payment services, and securities trading including Aktiesparekonto transactions.
3. Asset Management Fees: Fees from managing assets under administration and investment advisory services for Private Banking and retail customers.
4. Securities Gains: Income from securities portfolio, including gains from share buyback program execution.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels4 records

Core offering

Djurslands Bank is a Danish regional bank providing retail and commercial banking products across Østjylland, including deposit and savings accounts, mortgage and priority loans, car financing, construction and cooperative housing credit, investment products such as the Aktiesparekonto and BankInvest funds, pension advisory, and insurance distribution via partners Privatsikring, Alm. Brand, and Erhvervssikring. Services are delivered through 17+ physical branches combined with Netbank, MobileBank, and video advisory (Onlinemøde) digital channels, with dedicated personal advisors for private, youth (UngBank), high-net-worth (Private Banking), and business (Erhverv) customer segments.

Product overview

Djurslands Bank is a regional Danish bank offering a comprehensive range of banking products and services across multiple segments. The core offering includes Private Banking for high-net-worth individuals, UngBank for young customers aged 18-29, and Business Banking (Erhverv) for corporate clients. The product portfolio spans deposit and savings accounts, various loan products (car loans, housing loans including Prioritetslån, Boliglån, Ejendomskredit, Byggekredit, and Andelsboliglån), investment products (Aktiesparekonto, BankInvest funds), insurance through partnerships (Privatsikring, Alm. Brand, Erhvervssikring), and pension services. Digital services include Netbank, MobileBank, and Onlinemøde video consultations. The bank also offers a VærdiPlus premium customer program and is known for its local market presence with branches throughout the Djursland and Aarhus regions.

Differentiator

Problem solved

Functional benefit

Brands

• UngBank: A dedicated banking service for young people aged 18-29, offering accounts, savings, investments, insurance, and financial advice tailored to students and young adults.
• Private Banking
• VærdiPlus

Products and services

• Privat (Private Banking for affluent individuals) Personal financial services for individual customers, including current accounts, savings, lending, and investment advisory, with tailored offerings for those with complex financial needs and significant assets.
• UngBank Dedicated banking service for young people aged 18-29, including a Studiekonto offering 5.5% interest on deposits up to 20,000 DKK for SU-eligible students, student discounts on insurance, and advisory for housing, SU loans, and first investments.
• Erhverv (Business Banking) Business banking services for SMEs, including dedicated business advisors and financing solutions for clinics, real estate, agriculture, renewable energy, leasing, insurance, pension, and payment solutions.
• VærdiPlus Premium Program Premium customer program offering reduced fees, discounted event tickets via safeticket, and exclusive experiences for qualifying customers who maintain higher account balances or activity levels.
• Netbank Online banking platform allowing customers to manage daily banking transactions, view accounts, transfer funds, and access investment portfolios.
• MobileBank Mobile banking application enabling transaction management and account access on smartphones and tablets.
• Onlinemøde (Video Advisory Meetings) Video consultation service allowing customers to meet advisors online via PC or tablet from home or while traveling.
• Aktiesparekonto Tax-advantaged share savings account allowing investment in stocks and equity-based funds, with 17% tax rate on returns and a 2026 deposit limit of 174,200 DKK, including commission-free trading of BankInvest funds purchased through an advisor.
• BankInvest Funds Investment funds distributed through partnership with BankInvest, including the Optima series (55, 75, Aktier, Bæredygtig Omtanke), BIX Globale Aktier Indeks, and other sustainable investment options.
• Billån (Car Loans) Vehicle financing for electric, plug-in hybrid, and petrol/diesel cars, with rates starting from 2.99% nominal for electric vehicles, offered exclusively to existing customers.
• Boliglån (Housing Loans) Flexible secondary financing for owner-occupied homes and holiday homes, allowing borrowing up to 100% of the bank's valuation with repayment periods up to 30 years.
• Prioritetslån (Priority Loans) Priority loans combining benefits of traditional mortgage loans with bank loans, for owner-occupied homes, holiday homes, and plots, with up to 80% loan-to-value ratio.
• Ejendomskredit (Property Credit) Flexible credit facility for owner-occupied homes and holiday homes functioning as a credit account with up to 80% loan-to-value ratio and 30-year maturity.
• Byggekredit (Construction Credit) Temporary construction financing replaced by mortgage or priority loans upon completion, covering all project expenses with a maximum 2-year duration.
• Andelsboliglån (Cooperative Housing Loan) Flexible primary financing for cooperative housing (andelsbolig) with up to 100% of the share certificate value, with optional deferral of payments for up to 10 years.
• Private Insurance Products Comprehensive personal insurance through partnerships with Privatsikring and Alm. Brand, including home, contents, accident, car, travel, pet, and cyber insurance, with bundled coverage, discounts, combined insurance center services, and free cyber insurance for Plus customers.
• Business Insurance (Erhvervsforsikring) Business insurance offered in partnership with Erhvervssikring, providing customized coverage including liability, workers' compensation, motor, health, property, cyber, crime, legal, and business interruption insurance, delivered through bank business advisors.
• Pension Planning Pension planning and savings products for both private and business customers, supported by advisory services across personal and corporate pension structures.

Quantifiable outcome

• Record high basis earnings of 176 million DKK in Q1 2026
• +2 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Feature3 records

Partnerships

Eight partnerships are on record, tiered flagship, core and minor.

• Bakken Bears and Aarhus HåndboldflagshipGTM or Marketing Partner · 1 January 2026Sports club partnerships for Djurslands Bank Arena naming rights in Kongelunden, Aarhus. Five-year extension signed in 2026 covering basketball (Bakken Bears) and handball (Aarhus Håndbold) sponsorship.
• Skanderborg AGF Håndbold (SAH)flagshipGTM or Marketing Partner · 1 January 2021Main partnership with SAH (Skanderborg AGF Håndbold) since 2021, extended in 2026 until 2029. This is the largest economic partnership in the club's history. Includes main sponsorship and exclusive partner benefits.
• BankInvestcoreStrategic or Co-development PartnerInvestment fund partnership offering BankInvest products including Optima series, BIX Globale Aktier Indeks and other investment funds. Djurslands Bank offers commission-free trading on BankInvest funds purchased through advisors for Aktiesparekonto holders.
• TotalkreditcoreChannel Partner/ Reseller/ DistributorPartnership for mortgage lending where Djurslands Bank refers customers to Totalkredit for mortgage products and facilitates home purchases with competitive financing solutions.
• PrivatsikringcoreChannel Partner/ Reseller/ DistributorInsurance partnership offering personal and property insurance products to bank customers. Benefits include bundled coverage, discounts, combined insurance center services, and exclusive offers like cyber insurance included free for Plus customers.
• Alm. BrandminorChannel Partner/ Reseller/ DistributorPartnership for insurance products specifically tailored for customers living on former farms (nedlagt landbrug). Alm. Brand has extensive experience with agricultural buildings and offers customized coverage.
• ErhvervssikringcoreChannel Partner/ Reseller/ DistributorBusiness insurance partnership providing comprehensive commercial insurance solutions including liability, workers compensation, motor, health, cyber, crime, professional liability, and more. Offered through business advisors at the bank.
• SOS InternationalminorOthersEmergency assistance services partner providing 24/7 medical assistance worldwide for customers with Privatsikring travel insurance. Available via HelpMe app and hotline.

Scale indicators7 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Skjern Bank: Skjern Bank is a small publicly listed Danish regional bank in western Jutland providing personal and business banking. Comparable as a smaller-scale regional Danish bank with similar relationship-based lending focus.
• Spar Nord Bank: Spar Nord is a publicly listed Danish regional bank with extensive northern Jutland branch coverage and full retail/business banking offerings. Directly comparable as a similarly sized Danish regional bank pursuing relationship-based banking with local presence.
• Jyske Bank: Jyske Bank is one of Denmark's largest universal/regional banks offering retail, business, and private banking with a strong Jutland-focused branch network. Directly comparable to Djurslands Bank in product suite (deposits, lending, mortgages, investments, insurance distribution) and Danish regional customer base.
• Nordjyske Bank: Nordjyske Bank is a Danish regional bank operating in northern Jutland offering retail, business, and investment services. Directly comparable to Djurslands Bank in scale, regional focus, and product mix.
• Ringkjøbing Landbobank: Ringkjøbing Landbobank is a publicly listed Danish regional bank headquartered in western Jutland, focused on retail and SME banking with strong customer loyalty. Directly comparable as a smaller Danish-listed regional competitor with similar customer-centric banking model.
• Sydbank: Sydbank is a major Danish regional bank with a southern Jutland branch network providing retail, business, and Private Banking services. Directly comparable as a Danish-listed regional bank with similar product breadth and customer segments.

Broad incumbents

• Nykredit: Nykredit is Denmark's largest mortgage lender and a major financial group offering banking, mortgage, and asset management services. Comparable as a broad incumbent in the same Danish retail/mortgage/investment space, and operates Totalkredit — Djurslands Bank's primary mortgage partner.
• Alm. Brand: Alm. Brand is a Danish financial group combining banking and insurance, with a strong regional presence. Comparable as a Danish financial services provider with both banking and insurance offerings, and as Djurslands Bank's insurance partner for former-farm properties.
• Danske Bank: Danske Bank is Denmark's largest universal bank with nationwide retail, business, and private banking operations. Comparable as a broad incumbent offering overlapping capabilities across all Djurslands Bank segments, including acting as Djurslands Bank's buyback execution agent.

Regional players

• Vestjysk Bank: Vestjysk Bank is a smaller Danish regional bank operating primarily in western Jutland with personal and business banking services. Comparable as a Danish regional bank peer with similar scale, though operating in a different geographic territory.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/djurslandsbank

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Djurslands Bank