Core Insights - The bank's net profit for 2025 reached DKK 2,313 million, exceeding expectations and reflecting a 22.4% annual return on equity excluding intangible assets [1][4] - Earnings per share (EPS) increased by 5% to DKK 95.0 compared to DKK 90.3 in 2024 [4] - Core income for 2025 was DKK 4,089 million, a slight increase of 1% from 2024 [4] - Total expenses rose by 3%, resulting in a cost/income ratio of 26.4% [4] - The bank experienced a 12% growth in loans and an 8% increase in deposits, alongside a satisfactory rise in customer numbers [4] - Impairment charges for loans amounted to DKK 41 million, indicating strong credit quality [4] - The bank anticipates a net profit for 2026 in the range of DKK 2.0 to 2.4 billion [4] Financial Performance - Total core income for 2025 was DKK 4,089 million, compared to DKK 4,068 million in 2024 [2] - Total expenses and depreciation were DKK 1,080 million, up from DKK 1,044 million in 2024 [2] - Core earnings before impairment charges were DKK 3,009 million, slightly down from DKK 3,024 million in 2024 [2] - Profit before tax for 2025 was DKK 3,056 million, compared to DKK 3,069 million in 2024 [2] - Profit after tax for 2025 was DKK 2,313 million, marginally higher than DKK 2,301 million in 2024 [2]

Core Viewpoint - Ringkjøbing Landbobank has updated its distribution policy, aiming for a stable annual base distribution of 40% of the year's profit, which may include dividends and share buybacks [2][3]. Distribution Policy - The bank's board of directors has adopted a distribution policy effective from the financial year 2026, focusing on a base distribution of 40% of the annual profit [2][3]. - The distribution may consist of a combination of dividends and share buybacks, with an emphasis on maintaining a stable dividend over time [3]. - Extraordinary distributions in the form of share buybacks may occur based on the bank's capital position, capital objectives, and management's growth expectations [3].

Group 1 - The company expects a net profit in the range of DKK 2.0-2.4 billion for the year 2026 [1] - Additional comments regarding the expectations will be included in the annual report for 2025, which is scheduled for publication on 4 February 2026 [1]

Management Change - General manager Carl Pedersen has announced his intention to leave the bank at the end of 2026 [1] - Following his departure, the bank will operate with a three-member general management team [1]

Core Points - The share buyback program is set to run from June 2, 2025, to January 30, 2026, with a total budget of up to DKK 1,000 million, allowing for the repurchase of a maximum of 1,600,000 shares [1] - The program is compliant with EU regulations, specifically EU Commission Regulation No. 596/2014 and EU Commission Delegated Regulation No. 2016/1052, which provide a "Safe Harbour" for such transactions [2] - As of the latest report, a total of 1,003,977 shares have been repurchased, representing 3.95% of the bank's share capital, with an average purchase price of DKK 1,335.85 [2] Transaction Summary - Total shares purchased under the program: 589,777 shares at an average price of DKK 1,426.26, totaling DKK 841,177,264 [2] - The bank executed additional buybacks from January 28, 2025, to May 28, 2025, acquiring 414,200 shares at an average price of DKK 1,207.12, amounting to DKK 499,988,706 [2] - The cumulative total of shares bought back under the program is 1,003,977 shares, with a total expenditure of DKK 1,341,165,970 [2] Detailed Transactions - A detailed breakdown of transactions on December 1, 2025, shows multiple purchases at varying prices, with the highest recorded price being DKK 1,443.28 for 4,700 shares [4][5] - The transactions were executed across various venues, with timestamps indicating precise execution times [4][5][6] - The data reflects a consistent buying strategy, with numerous small transactions contributing to the overall buyback totals [4][5][6]

Core Points - The bank has initiated a share buyback program with a total budget of up to DKK 1,000 million, aiming to repurchase a maximum of 1,600,000 shares from June 2, 2025, to January 30, 2026 [1][2] - As of the latest report, the bank has repurchased a total of 981,077 shares, representing 3.86% of its share capital, with an average purchase price of DKK 1,333.52 [2] Summary of Transactions - Total shares purchased under the program as of the last announcement: 544,977 shares at an average price of DKK 1,425.36, totaling DKK 776,786,440 [2] - Additional purchases from November 24 to November 28, 2025, included: - November 24: 4,500 shares at DKK 1,429.71 - November 25: 4,400 shares at DKK 1,443.10 - November 26: 4,400 shares at DKK 1,450.43 - November 27: 4,300 shares at DKK 1,440.67 - November 28: 4,300 shares at DKK 1,429.79 - Total shares bought back during this period: 566,877 shares at an average price of DKK 1,425.87, totaling DKK 808,294,645 [2] Compliance and Regulations - The share buyback program is conducted in compliance with EU Commission Regulation No. 596/2014 and EU Commission Delegated Regulation No. 2016/1052, which provide a "Safe Harbour" for such transactions [2]

Core Points - The bank has initiated a share buyback program with a total budget of up to DKK 1,000 million, aiming to repurchase a maximum of 1,600,000 shares from June 2, 2025, to January 30, 2026 [1][2] - As of the latest report, the bank has repurchased a total of 959,177 shares, which represents 3.78% of its share capital [2] Summary of Transactions - The bank has executed a total of 544,977 shares under the buyback program at an average price of DKK 1,425.36, amounting to DKK 776,786,440 [2] - The transactions include: - 520,177 shares purchased prior to November 17, 2025, at an average price of DKK 1,426.10 - Additional purchases on November 17, 2025, included 5,000 shares at DKK 1,427.06, 5,400 shares at DKK 1,402.46, and others, totaling 24,800 shares for that day [2] - The cumulative total of shares bought back since the start of the program is 959,177 shares, with an average purchase price of DKK 1,331.12, totaling DKK 1,276,775,146 [2]

Acquisition Details - A specially purpose vehicle (SPV) has acquired a property located at Ørbækvej 232, 5220 Odense SØ, Denmark for EUR 3,358,000 (DKK 25,050,000) excluding acquisition costs, with ownership transfer effective as of 31 December 2025 [1] - The acquisition is fully financed by Ringkjøbing Landbobank [1] Lease Agreement - The property is leased to Burger King (Nordic Service Partners A/S) under a non-terminable lease agreement running until 1 October 2036, providing an annual net rental income of approximately EUR 215,000 (DKK 1,600,000) [2] - Following final registration, the SPV will be a 100% owned subsidiary of German High Street Properties A/S [2]

Core Viewpoint - The company is executing a share buyback program with a total budget of up to DKK 1,000 million, aiming to repurchase a maximum of 1,600,000 shares from June 2, 2025, to January 30, 2026 [1][2]. Summary by Sections Share Buyback Program Details - The share buyback program is compliant with EU regulations, specifically EU Commission Regulation No. 596/2014 and EU Commission Delegated Regulation No. 2016/1052, which provide a "Safe Harbour" for such transactions [2]. - As of the latest announcement, a total of 520,177 shares have been repurchased at an average price of DKK 1,426.10, amounting to DKK 741,826,525 [2]. - The total number of shares repurchased under the program since its inception is 934,377, representing 3.68% of the bank's share capital [2]. Transaction Breakdown - The transactions conducted from November 10 to November 14, 2025, include: - November 10: 5,000 shares at DKK 1,440.03 - November 11: 4,500 shares at DKK 1,447.09 - November 12: 4,000 shares at DKK 1,450.52 - November 13: 4,500 shares at DKK 1,444.81 - November 14: 5,500 shares at DKK 1,424.60 [2]. - The average purchase price for the total shares bought back is DKK 1,329.03 [2]. Ownership and Capital Impact - Following the buyback transactions, the company now holds 934,377 shares, which corresponds to 3.68% of its total share capital [2].

Core Points - The share buyback program is set to run from June 2, 2025, to January 30, 2026, with a total budget of up to DKK 1,000 million, allowing for the repurchase of a maximum of 1,600,000 shares [1] - As of the latest report, a total of 910,877 shares have been repurchased, representing 3.59% of the bank's share capital [2] Summary of Transactions - The total number of shares purchased under the program is 496,677 at an average price of DKK 1,425.42, amounting to DKK 707,975,445 [2] - The transactions from November 3 to November 7, 2025, included the purchase of shares at various prices, with the highest being DKK 1,472.79 on November 3 [2] - The total shares bought back from January 28, 2025, to May 28, 2025, were 414,200 at an average price of DKK 1,207.12, totaling DKK 499,988,706 [2] Compliance and Regulations - The share buyback program is conducted in compliance with EU Commission Regulation No. 596/2014 and EU Commission Delegated Regulation No. 2016/1052, which provide a "Safe Harbour" for such transactions [2]