Brief: Sydbank Q3 Profit Before Tax DKK 1,039 Mln, Above Estimates

AL Sydbank A/S

30/10/2024 07:40

Oct 30 (Reuters) - Sydbank A/S  SYDB.CO :
    * IS ANNOUNCING TODAY A NEW 3-YEAR STRATEGY PLAN TO ENSURE
THAT
BANK WILL CONTINUE POSITIVE MOMENTUM DEMONSTRATED SINCE 2014
    * OUTLOOK FOR PROFIT AFTER TAX UNCHANGED
    * Q3 TOTAL INCOME DKK 1,871 MILLION VERSUS DKK  1,855
MILLION SEEN
IN COMPANY COMPILED CONSENSUS
    * WILL MAINTAIN OUR STARTING POINT AS DENMARK'S CORPORATE
BANK AND
INCREASE OUR MARKET SHARE IN CORPORATE SEGMENT
    * Q3 PROFIT BEFORE TAX DKK 1,039 MILLION VERSUS DKK 989
MILLION
SEEN IN COMPANY COMPILED CONSENSUS
    * Q3 CORE EARNINGS DKK 1,014 MILLION VERSUS DKK 989 MILLION
SEEN
IN COMPANY COMPILED CONSENSUS
    * Q3 NET INTEREST INCOME DKK 1,087 MILLION VERSUS DKK 1,100
MILLION SEEN IN COMPANY COMPILED CONSENSUS

Source text:  ID:nGNE7Kj7GY 
Further company coverage:  SYDB.CO 

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