Good customer activity and strong credit quality led to solid results for the first half of 2025. Net profit of DKK 11.2 billion
Press release
Danske BankBernstorffsgade 40DK-1577 København VTel. + 45 45 14 14 0018 July 2025Page 1 of 3
Good customer activity and strong credit quality led to solid results for the first half of 2025 Net profit of DKK 11.2 billion
Carsten Egeriis, Chief Executive Officer, comments on the financial results:
"In the first half-year, we continued our robust performance and delivered solid results in line with our expectations. We saw new business customer relations being established, a continued uplift in lending and a steady development in core income, and we maintained our focus on cost management. Furthermore, credit quality remained strong, resulting in a low level of loan impairments.
Our solid financial results and capital position enable us to be a strong financial partner, providing expert advice and standing by our customers and society in times of volatile markets.
With our increased investments in technology and customer offerings, we continue to deliver on our Forward '28 strategy and are well on track to meet our guidance for the full year."
Solid performance in uncertain environmentDriven by good customer activity across our business and our ongoing commitment to efficiency, we achieved a net profit of DKK 11.2 billion and a return on equity of 13% in the first half of the year. These solid financial results reflect our successful execution and strategic focus in key growth areas.
Net interest income remained steady, as the adverse effect of the sale of the personal customer business in Norway and a reduction in deposit margins was offset by enhanced lending activity and our deposit hedge strategy.
Net fee income for the first half of the year was stable year on year, supported by growing demand for everyday banking services in the first quarter, although this demand decreased in the second quarter. Fee income related to capital markets and investment activity was impacted by the decline in investment appetite caused by the market volatility.
On the basis of continued cost discipline, the cost trajectory is in line with the full-year 2025 guidance. Furthermore, credit quality remained strong, supported by favourable macroeconomic conditions, including the employment rate. Loan impairment charges remained low and amounted to DKK 266 million in the ...
