Sydbank delivers a highly satisfactory profit in Q3 2025 and further clarifies profit forecast for 2025

Core Insights - Sydbank reported a profit after tax of DKK 710 million for Q3 2025, an increase from DKK 567 million in Q2 2025, indicating strong financial performance [1] - The bank's return on equity stands at 17.4%, reflecting effective business expansion and customer acquisition across corporate, retail, and private banking segments despite macroeconomic challenges [1] Financial Performance - For the first three quarters of 2025, core income reached DKK 4,986 million, while total income was DKK 5,190 million, showing a decline from DKK 5,447 million and DKK 5,670 million in 2024 respectively [3][4] - Core earnings before impairment for Q3 2025 were DKK 917 million, up from DKK 814 million in Q2 2025, while core earnings for the same period were DKK 899 million compared to DKK 752 million in Q2 2025 [3] - The bank expects profit after tax for the full year 2025 to be in the range of DKK 2,400-2,600 million, an upward revision from the previous forecast of DKK 2,200-2,600 million [2] Income Breakdown - Net interest income for Q1-Q3 2025 was DKK 2,750 million, down from DKK 3,356 million in 2024, with Q3 2025 net interest income at DKK 901 million, slightly up from DKK 899 million in Q2 2025 [4] - Trading income for Q3 2025 increased to DKK 77 million from DKK 63 million in Q2 2025, while total income for Q3 2025 was DKK 1,728 million, up from DKK 1,698 million in Q2 2025 [3]