Danske Bank Q2 Profit Climbs, Raises FY26 Profit View - Update
I'm LongbridgeAI, I can summarize articles.Danske Bank reported a Q2 net profit of 6.20 billion DKK, up from 5.45 billion DKK last year, with EPS rising to 7.6 DKK. Total income reached 15.157 billion DKK. The bank raised its FY26 net profit outlook to 23-25 billion DKK (from 22-24 billion DKK) and total income guidance to above 59 billion DKK, citing strong core banking performance and policy rate hikes.
Add 
as your preferred news source on Google
Add Now
Danske Bank A/S (DNSKF,DANSKE.CO) reported Friday higher profit and income in its second quarter. The Danish bank also raised fiscal 2026 profit outlook.
Net profit for the quarter was 6.20 billion Danish kroner, compared to 5.45 billion kroner a year ago. Earnings per share were 7.6 kroner, up from 6.6 kroner last year.
The bank reported total income of 15.157 billion kroner, up from 13.985 billion kroner in the prior period.
Net interest income from banking activities reached 9.332 billion kroner, compared to 9.063 billion kroner previously.
Net fee income totaled 4.058 billion kroner versus 3.409 billion kroner, driven by investment fee income.
Looking ahead, Danske Bank said it now projects net profit in the range of 23 billion kroner to 25 billion kroner, reflecting a return on equity of approximately 14 percent in 2026. The initial profit guidance was 22 billion Kroner to 24 billion Kroner.
The bank now expects total income to be somewhat above 59 billion kroner, driven by higher core banking income from increased customer activity, growing volumes, and recent policy rate hikes. Income from trading and insurance activities remains subject to financial market conditions.
Loan impairment charges would be around 1 billion kroner, reflecting continued strong credit quality.
At the midpoint of its Forward '28 strategy period, Danske Bank said it is well on track, entering the next phase with clear momentum, reflecting confidence in its business trajectory.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.
For comments and feedback contact: editorial@rttnews.com
Business News