Financial results - first quarter 2018

12.6%

Return on equity after tax

DKK 4.9 bn

Net profit

"We had a satisfactory start to the year despite financial market developments that caused lower activity compared with the same period last year. Across our business, the underlying trend was good, with customer demand for credit remaining positive."
Thomas F. Borgen

Chief Executive Officer

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Find the most relevant files

  • 26. Apr 2018Interim report - first quarter 2018
  • 26. Apr 2018Conference call presentation - first quarter 2018
  • 26. Apr 2018Fact Book Q1 2018
  • 30. Apr 2018Speech from conference call - first quarter 2018
  • 30. Apr 2018Audio from conference call - first quarter 2018
  • 02. Feb 2018Corporate Story 2017
  • 26. Apr 2018One-off items Q1 2018
  • 26. Apr 2018Financial statements Q1 2018
  • 26. Apr 2018Additional Pillar 3 disclosures Q1 2018
  • 26. Apr 2018Internal Capital Adequacy Assessment - first quarter 2018
  • 26. Apr 2018Supervisory Diamond - first quarter 2018
  • 02. Feb 2018Risk Management 2017
  • 02. Feb 2018CR Report 2017
  • 02. Feb 2018CR Fact Book 2017
View all

Outlook 2018

First quarter 2018: The outlook for all items is unchanged

We expect net interest income to be higher than in 2017, as we will benefit mainly from volume growth

Net fee income is expected to remain strong, subject to customer activity.

Expenses are expected to be slightly higher than in 2017.

Loan impairments are expected to be higher but still at a low level. Loan impairments will be based on the new expected credit loss impairment model in IFRS 9.

We expect net profit to be in the range of DKK 18-20 billion.

The outlook is subject to uncertainty and macroeconomic developments.

We maintain our longer-term ambition to rank in the top three among major Nordic peers in terms of return on shareholders’ equity

Facts & figures

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

251

 

number of branches

2.2

million

eBanking, Mobile and Tablet Banking customers

One-off items

(DKK millions)Q1 2018Q2 2018Q3 2018Q4 20182018 YTD
Reported pre-tax profit6,202  6,202
One-off items, in sum0
  0
Adjusted pre-tax profit6,202
  6,202
      
 (DKK millions)Q1 2018Q2 2018Q3 2018Q4 20182018 YTD
Net interest income0  0
Net fee income0  0
Net trading income0  0
Other income0  0
Revenues, in sum0  0
Costs0  0
Impairments0  0
Effect on pre-tax profit0  0

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Financial accounts

Income statement
Balance sheet
Financial highlights
Key figures
Income statement
Balance sheet
Financial highlights
Key figures

Look up historical data on our income statement, balance sheet and key figures going back to 1998.

Download financial accounts going back to Q1 2004
Download financial accounts from 1998-2004

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Shares

The Danske Bank share is listed on NASDAQ OMX Copenhagen. See the latest share price, historical share data and information about dividends, shareholders and ratings.
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Regulation

Statements and comments from the Danish FSA and information about EU stress tests, the EBA and the Capital Requirements Directive and Regulation.
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Debt

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 investor.relations@danskebank.dk
  • Claus I. Jensen

    Head of Investor Relations

    Phone: +45 45 12 84 83
    Mobile: +45 25 42 43 70
    Email: clauj@danskebank.dk
  • John Bäckman

    Chief IR Officer

    Phone: +45 45 14 07 92
    Mobile: +45 30 51 46 85
    Email: jbc@danskebank.dk
  • Heidi Birgitte Nielsen

    Chief IR Officer

    Phone: +45 45 13 92 34
    Mobile: +45 27 20 41 74
    Email: heidn@danskebank.dk
  • Robin Løfgren

    Senior IR Officer

    Phone: +45 45 14 06 04
    Mobile: +45 24 75 15 40
    Email: rlf@danskebank.dk
  • Tulle Louise Præstrud

    IR Coordinator

    Phone: +45 45 14 06 80
    Email: lopr@danskebank.dk