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Correction: Ringkjøbing Landbobank’s quarterly report for the three quarters of 2025
Globenewswire·2025-10-22 07:03

Core Insights - The company 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% p.a. return on equity [2][4] Financial Performance - Total core income for Q1-Q3 2025 was DKK 3,073 million, slightly higher than DKK 3,067 million in the same period of 2024 [3][4] - Total expenses and depreciation increased to DKK 787 million from DKK 761 million in 2024, marking a 4% rise [3][4] - Core earnings before impairment charges were DKK 2,286 million, compared to DKK 2,306 million in 2024 [3] - Impairment charges for loans were DKK 35 million for the first three quarters of 2025, indicating strong credit quality [4] Earnings Metrics - Earnings per share increased by 4% to DKK 71.2 for the first three quarters of 2025 [4] - The cost/income ratio stood at 25.6%, reflecting the increase in costs relative to income [4] Customer and Loan Growth - The company experienced a 7% p.a. growth in loans and a 9% p.a. growth in deposits, alongside a satisfactory increase in customer numbers [4]