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Good customer activity, lending growth and strong credit quality underpin strong results for the first half of 2026. Net profit of DKK 11.9 billion. Net profit outlook for the full year 2026 revised upwards to DKK 23-25 billion
Press releaseDanske BankBernstorffsgade 40DK-1577 København VTel. + 45 45 14 14 0017 July 2026Page 1 of 3 Good customer activity, lending growth and strong credit quality underpin strong results for the first half of 2026Net profit of DKK 11.9 billionNet profit outlook for the full year 2026 revised upwards to DKK 23-25 billion Carsten Egeriis, Chief Executive Officer, comments on the financial results: “In the first half of 2026, we delivered strong financial results, reflecting growth in both
About this update from Danske Bank A/s
Good customer activity, lending growth and strong credit quality underpin strong results for the first half of 2026 Net profit of DKK 11.9 billion Net profit outlook for the full year 2026 revised upwards to DKK 23-25 billion Carsten Egeriis, Chief Executive Officer, comments on the financial results: "In the first half of 2026, we delivered strong financial results, reflecting growth in both lending and deposits, solid core income lines and cost management in line with our plans. While net trading income and the insurance service result had been affected by market volatility in the first quarter, both improved notably in the second quarter. Credit quality remained strong, underlining the resilience of our business. Our performance in the first half of the year was driven by good customer activity and further progress in our prioritised segments. We continued to see good momentum in Private Banking, in our business and large corporates activities and in asset management, an area in which we are the market leader in Denmark. Customers are increasingly seeking expert advisory solutions and seamless digital services, and in a more uncertain environment, our role is to help them make well-informed financial decisions. Our capital position, specialist expertise and continued investments in technology, including AI-enabled solutions, give us a strong foundation for doing exactly that. At the midpoint of our Forward '28 strategy period, we are well on track and enter the next phase with clear momentum. The new financial targets we announced earlier this year reflect the strength of our performance and our confidence in the trajectory of the business. Our focus towards 2028 will be on building on this progress by deepening customer relationships, strengthening our Nordic franchise and accelerating our investments in digital solutions, data and AI. By doing so, we aim to deliver an even better customer experience, sustainable growth and to create an even more efficient and competitive Danske Bank." Strong result supported by broad-based income growth Danske Bank delivered a strong result in the first half of 2026, with net profit increasing 6% to DKK 11.9 billion. The result was driven by broad-based income growth across net interest income, net fee income and income from insurance business, which more than offset the decrease in net trading income caused by market volatility, while credit quality remained strong, resulting in loan impairment charges remaining low.