Danske Bank on Friday reported a net profit of 16.7 billion Danish crowns for the first nine months of 2025, a slight decrease from the 17.6 billion crowns earned in the same period last year.
Despite the dip, the lender said it now expects full-year earnings to be at the high end of its 21 billion to 23 billion crown forecast, citing strong business momentum.
The nine-month result was impacted by loan impairment charges of 258 million crowns, compared to a net reversal a year earlier, the company said.
“We delivered a solid financial result for the first nine months of 2025 following strong execution on strategic priorities according to our Forward ’28 strategy,” Chief Executive Officer Carsten Egeriis said in a statement.
“Our financial performance was driven by resilient net interest income, continually strong net fee income, effective cost management and low impairments as a result of the strong credit quality of our loan portfolio.”
Total income for the period was largely stable at 41.6 billion crowns, while operating expenses remained flat at 19.0 billion crowns.
The bank's return on equity stood at 12.9% for the period, down from 13.4% a year ago.
Danske Bank also reported that its assets under management reached an all-time high of 954 billion crowns, driven by strong net sales.