Danske Bank reports DKK 16.7 bn profit for nine months

Danske Bank's net profit for the first nine months of 2025 reached DKK 16.7 billion, a 5% decrease year-on-year, primarily due to higher loan impairment charges and lower net income from insurance business. However, the bank saw a 2% increase in net fee income, a 12% rise in net trading income, and maintained stable operating expenses at DKK 19.0 billion. The return on equity stood at 12.9%, with a robust total capital ratio of 22.4% and a CET1 capital ratio of 18.7%.

The bank's asset management business achieved DKK 954 billion in assets under management, a record high driven by strong net sales in Private Banking and Institutional segments. Loan impairment charges amounted to DKK 258 million for the nine-month period, reflecting overall stable credit quality.

Danske Bank anticipates a full-year net profit in the upper end of the DKK 21-23 billion range, subject to economic conditions. The bank continues to execute its Forward '28 strategy, focusing on digitalization and customer advisory services, with 12 generative AI solutions already embedded.