Denmark's Ringkjobing Landbobank 2025 profit rises on customer growth

Ringkjoebing Landbobank A/S

04/02/2026 06:19

Overview

Danish bank's net profit for 2025 is DKK 2,313 mln, meeting top of expectations

Core income for 2025 increased by 1% to DKK 4,089 mln

Company reports 12% growth in loans and 8% in deposits

Outlook

Ringkjøbing Landbobank expects 2026 net profit between DKK 2.0 bln and DKK 2.4 bln

Result Drivers

CREDIT QUALITY - Strong credit quality led to impairment charges being carried to income, totaling DKK 41 mln for 2025

CUSTOMER GROWTH - Bank reported a highly satisfactory increase in customer numbers, with loans up 12% and deposits up 8%

COST INCREASE - Costs increased by 3%, resulting in a cost/income ratio of 26.4%

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Total Core Income
DKK 4.09 bln
FY Net Income
DKK 2.31 bln
FY Core Earnings Before Impairment
DKK 3.009 bln
FY Loan Impairment Charges
DKK 41 mln
FY Pretax Profit
DKK 3.06 bln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "hold."

Wall Street's median 12-month price target for Ringkjoebing Landbobank A/S is DKK1,700.00, about 4.9% above its February 3 closing price of DKK1,620.00

The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 15 three months ago

Press Release: ID:nGNE5BpD64

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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.)