Earnings per share outlook for 2025 raised to DKK 77-84

Core Insights - Jyske Bank anticipates a net profit of DKK 4.9bn-5.3bn for 2025, translating to earnings per share of DKK 77-84, an increase from previous expectations of DKK 3.8bn-4.6bn and earnings per share of DKK 60-73 [1] - The improved outlook is attributed to favorable financial markets, solid credit quality, high activity in asset management, and customer growth in prioritized segments [2] Financial Performance - For Q1-Q3 2025, net profit reached DKK 3,992m, showing a slight decrease compared to DKK 4,044m in Q1-Q3 2024 [3] - Net interest income for Q1-Q3 2025 was DKK 6,629m, down from DKK 7,275m in the same period of 2024, reflecting a 91% index [3] - Net fee and commission income increased to DKK 2,073m, up 13% from DKK 1,836m in Q1-Q3 2024 [3] - Core profit before loan impairment charges was DKK 5,210m, a decrease of 94% compared to DKK 5,539m in Q1-Q3 2024 [3] - Total assets as of the end of the period were DKK 745.1bn, down from DKK 765.2bn in the previous year [3] Balance Sheet Highlights - Loans and advances increased to DKK 572.9bn, up 3% from DKK 557.7bn in 2024 [3] - Mortgage loans accounted for DKK 375.9bn, a 4% increase from DKK 361.2bn in 2024 [3] - Deposits decreased to DKK 201.3bn, down 96% from DKK 209.4bn in 2024 [3] - Shareholders' equity rose to DKK 46.7bn, reflecting a 5% increase from DKK 44.5bn in 2024 [3]