Nordfyns Bank AB and Fynske Bank Receive Merger Approval

On June 4, 2025, Nordfyns Bank AB and Fynske Bank announced that they have received merger approval from the Danish Competition and Consumer Authority. This development marks a significant step forward in the consolidation of the banking sector in Denmark.

The merger, which has been approved by the regulatory body, is expected to enhance the competitive position of the combined entity in the Danish financial market. Both banks have expressed optimism about the potential synergies and benefits that the merger will bring to their customers, employees, and shareholders.

Company Overview

Nordfyns Bank A/S, based in Bogense, Denmark, operates in the private and professional customer segment. The bank offers a comprehensive range of financial products, including accounts and deposits, car loans, mortgages, savings products, life, travel, and injury insurance products, investment products, credit cards, pension savings, mobile and online banking services, and commercial assets leasing services. Nordfyns Bank is listed on the OMX Nordic Exchange Copenhagen AS.

Financial Highlights

As of May 27, 2025, Nordfyns Bank’s close price was DKK 432, with a 52-week high of DKK 442 and a low of DKK 300. The company’s market capitalization stands at DKK 699,600,000, and it has a price-to-earnings ratio of 10.42.

The merger is anticipated to create a stronger financial institution capable of offering enhanced services and products to its customers. Further details regarding the merger’s implementation and its impact on the market will be disclosed in upcoming announcements by both banks.

For more information, visit Nordfyns Bank’s website at www.nordfynsbank.dk .