SYDBANK

The Danish Metalworkers' Union plans to increase its ownership stake in the newly formed AL Sydbank A/S to approximately 10%, the bank said on Thursday.

Sydbank on Wednesday reported a profit of 1.92 billion Danish Kroner for the first nine months of 2025, as the Danish lender proceeds with a major merger and confirms the halt of its share buyback program.

Sydbank, Arbejdernes Landsbank, and Vestjysk Bank on Wednesday released key documents detailing the terms of their planned merger, advancing a deal that would create a major new player in the Danish banking sector.

Sydbank on Wednesday raised its 2025 profit forecast after reporting a jump in third-quarter earnings.

Sydbank said on Monday it has terminated its 1.35 billion Danish Kroner share buyback program, citing a recently announced merger agreement.

Danish lender Sydbank on Wednesday reported a solid first-half profit but forecast a lower full-year result for 2025 as falling interest rates begin to weigh on earnings.