Financial results first half 2020

"In the second quarter of 2020, we saw a rebound in lending activity, which had a positive impact on net interest income. Furthermore, a normalisation of the financial markets led to a recovery in net trading income. Impairments were significantly lower than in the first quarter, and we expect to have booked most of the impairments needed for the full year. Expenses increased, due mainly to transformation costs and costs related to the continued strengthening and remediation of our compliance setup. However, we are seeing the first effects of our focus on bringing down underlying costs, and this remains a priority."

Chris Vogelzang
Chief Executive Officer

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Return on equity after tax


Net profit (DKK billions)

Facts & figures

Our financial Fact Book is updated every quarter. It covers financial statistics, key statistics and macroeconomics.

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Number of branches


eBanking, Mobile and Tablet Banking customers

Find the most relevant files

  • 17. Jul 2020Interim report - first half 2020
  • 17. Jul 2020Conference call presentation - first half 2020
  • 17. Jul 2020Fact Book Q2 2020
  • 17. Jul 2020Debt investor update Q2 2020
  • 09. Oct 2020Script for pre-close call Q3 2020
  • 21. Jul 2020Speech from conference call - first half 2020
  • 17. Jul 2020Audio from conference call - first half 2020
  • 17. Jul 2020One-off items Q2 2020
  • 17. Jul 2020Financial statements Q2 2020
  • 17. Jul 2020Additional Pillar 3 disclosures Q2 2020
  • 17. Jul 2020Internal Capital Adequacy Assessment - first half 2020
  • 17. Jul 2020Supervisory Diamond - first half 2020
  • 05. Feb 2020Risk Management 2019
  • 05. Feb 2020Sustainability Report 2019
  • 05. Feb 2020Sustainability Fact Book 2019
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Financial calendar 

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Conference call

On 17 July at 12:30 CEST, CEO Chris Vogelzang and CFO Stephan Engels presented the Interim report - first half 2020.

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The Danske Bank MyInvestor app gives you access to Danske Bank's share price, latest financial reports and current investor presentations on your smartphone and tablet.

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Annual general meeting

Danske Bank's latest annual general meeting took place on 9 June 2020.


More about the AGM

Analysts & consensus

Ratings from equity analysts covering the Danske Bank share and consensus earnings estimates for 2020-2022.
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Statements and comments from the Danish FSA and information about EU stress tests, the EBA and the Capital Requirements Directive and Regulation.
More on regulation


We issue debt instruments on the international financial markets, and they are among the highest rated in Europe.
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Contact us

If you would like more information about Danske Bank's activities, please contact us at Investor Relations. Direct contact information can be found below, while general inquiries can be directed to
  • Claus I. Jensen

    Head of Investor Relations

    Mobile: +45 25 42 43 70
  • John Bäckman

    Chief IR Officer

    Phone: +45 45 14 07 92
    Mobile: +45 30 51 46 85
  • Robin Løfgren

    Chief IR Officer

    Phone: +45 45 14 06 04
    Mobile: +45 24 75 15 40
  • Tulle Louise Præstrud

    IR Coordinator

    Phone: +45 45 14 06 80