Ringkjøbing Landbobank’s quarterly report for the three quarters of 2025

Core Financial Performance - The bank reported core earnings of DKK 2,321 million and a net profit of DKK 1,753 million for the first three quarters of 2025, reflecting a 21% annual return on equity [1][4] - Total core income for the first three quarters of 2025 was DKK 3,073 million, slightly higher than the same period in 2024 [4] - Earnings per share increased by 4% to DKK 71.2 for the first three quarters of 2025 [4] Expense Management - Total expenses and depreciation amounted to DKK 534 million, a decrease from DKK 761 million in the same period of 2024 [2] - The cost/income ratio improved to 25.6%, indicating effective cost management despite a 4% increase in costs [4] Credit Quality and Impairment Charges - The bank maintained strong credit quality, with impairment charges of DKK 11 million recorded in the quarter, leading to total impairment charges of DKK 35 million for the first three quarters of 2025 [4] - Impairment charges for loans showed a positive trend, with a charge of +24 million in the first three quarters of 2025 compared to +2 million in 2024 [2] Customer Growth and Loan/Deposit Trends - The bank experienced a satisfactory increase in customer numbers, with loans growing at a rate of 7% per annum and deposits at 9% per annum [4]