Ringkjøbing Landbobank has announced a DKK 400 million share buyback for 2026, a capital management move that would reduce the share count if completed as planned. The bank's stock has gained 123.0% over the past five years, and the new programme suggests management sees scope to adjust its capital base. Under the Excess Returns model, Ringkjøbing Landbobank is projected with a book value of DKK488.23 per share rising toward a stable DKK573.53, stable EPS of DKK122.42 per share based on return on equity estimates from 4 analysts, and an average return on equity of 21.34%. Against a cost of equity of DKK36.32 per share, that leaves an excess return of DKK86.10 per share, and the model puts the bank's estimated intrinsic value substantially above its current share price of DKK1,762.00. Because the buyback reduces the share count, the programme can support those per share excess returns even if overall profit stays flat.
Ringkjoebing Landbobank A/SAnnounces DKK 400 million share buyback for 2026, reducing share count and supporting per-share excess returns
Bank of Chongqing Co Ltd