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JYSK — Jyske Bank A/S News Story

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Brief: Jyske Bank Q2 Net Profit At DKK 1.4 Billion, Above Consensus

BRIEF-Jyske Bank Q2 Net Profit At DKK 1.4 Billion, Above Consensus

- Jyske Bank A/S JYSK.CO:

  • Q2 EPS DKK 22

  • Q2 NET INTEREST INCOME DKK 2,177 MILLION VS. DKK 2,185 MILLION SEEN IN COMPANY-PROVIDED CONSENSUS

  • Q2 CORE INCOME DKK 3,407 MILLION VS. DKK 3,294 MILLION SEEN IN COMPANY-PROVIDED CONSENSUS

  • Q2 NET PROFIT DKK 1,353 MILLION VS. DKK 1,235 MILLION SEEN IN COMPANY-PROVIDED CONSENSUS

  • Q2 PROFIT BEFORE TAX DKK 1,831 MILLION VS. DKK 1,661 MILLION SEEN IN COMPANY-PROVIDED CONSENSUS

  • FOR 2026, JYSKE BANK ESTIMATES NET PROFIT IN RANGE OF DKK 4.3BN-5.1BN, EQUIVALENT TO EARNINGS PER SHARE IN RANGE OF DKK 71-85

  • EXPECTATIONS ARE IN LINE WITH ASSUMPTIONS FOR THE FINANCIAL TARGETS FOR 2028

  • CORE INCOME IS EXPECTED TO DECLINE IN 2026, IN PARTICULAR AS A RESULT OF LOWER VALUE ADJUSTMENTS

  • CORE EXPENSES ARE EXPECTED TO BE SLIGHTLY LOWER IN 2026 DUE TO LOWER ONE‑OFF COSTS AND COST‑SAVING INITIATIVES

  • TREND IN CORE INCOME AND EXPENSES IS EXPECTED TO RESULT IN A SLIGHTLY HIGHER COST/INCOME RATIO IN 2026 THAN THE 48 RECORDED IN 2025

  • IT IS PRESUMED THAT LOAN IMPAIRMENT CHARGES WILL ALSO BE LOW IN 2026, ALTHOUGH HIGHER THAN IN 2025

  • EXPECTATIONS INVOLVE UNCERTAINTY AND DEPEND, FOR INSTANCE, ON MACROECONOMIC CIRCUMSTANCES AND DEVELOPMENTS IN THE FINANCIAL MARKETS

Source text: ID:nGNE3PL2zh

Further company coverage: JYSK.CO


(Gdansk Newsroom)

((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))

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