Ringkjøbing Landbobank boosts EPS through share buybacks despite flat profit

Ringkjøbing Landbobank reported a nearly flat net profit for the first nine months of 2025 but boosted its earnings per share through an ongoing share buyback program.

The Danish lender posted a net profit of 1.75 billion Danish kroner, slightly down from 1.77 billion kroner in the same period a year earlier, the company said Wednesday.

Despite the lower profit, earnings per share rose by 4% to 71.2 kroner.

The increase was supported by a share repurchase plan, which reduces the number of shares outstanding.

The bank is in the middle of a 1 billion kroner buyback program scheduled to run until January 2026.

According to recent filings, the company has repurchased shares corresponding to 3.32% of its share capital under its recent programs.

The bank's core income was marginally higher at 3.07 billion kroner, while costs increased by 4%.

The company also noted continued strong credit quality, which allowed it to reverse 35 million kroner in funds previously set aside for potential loan losses.

Loans grew by 7% annually, while deposits increased by 9%, the bank said.