Bank of Greenland posts 2025 pretax profit within guidance

Groenlandsbanken A/S

26/02/2026 16:10

Overview

Greenland bank's 2025 pretax profit falls, coming within co's revised guidance range

Lending declined by DKK 109 mln due to redemption of construction financing projects

Deposits increased by DKK 721 mln, totaling DKK 7,784 mln

Outlook

Bank of Greenland expects 2026 profit before tax of DKK 145-175 mln

Bank anticipates moderate increase in total costs for 2026

Geopolitical pressure on Greenland may affect economic conditions in 2026

Result Drivers

LENDING DECLINE - Lending fell by DKK 109 mln in 2025 due to redemption of major construction financing projects

DEPOSIT INCREASE - Deposits rose by DKK 721 mln, reaching DKK 7,784 mln

IMPAIRMENT REDUCTION - Impairment write-downs on loans decreased by TDKK 3,370 compared to 2024

Company press release: ID:nGNE2tqYQC

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Pretax Profit
DKK 181.40 mln


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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)