Financial results first nine months 2020

2.3%

Return on equity after tax

DKK 3.1 bn

Net profit

"Despite a challenging environment, we saw steady progress in several areas in the first nine months, and we have recently revised our net profit outlook upwards. Our underlying business remained stable, and we saw good customer activity resulting in stable income, driven by most of our Nordic markets and large corporates. "
Chris Vogelzang

Chief Executive Officer

Download the report

Find the most relevant files

  • 04. nov 2020Interim report - first nine months 2020
  • 04. nov 2020Conference call presentation - first nine months 2020
  • 04. nov 2020Fact Book Q3 2020
  • 04. nov 2020Debt investor update Q3 2020
  • 05. nov 2020Speech from conference call - first nine months 2020
  • 04. nov 2020Audio from conference call - first nine months 2020
  • 02. nov 2020Restatement of Group fee breakdown
  • 04. nov 2020One-off items Q3 2020
  • 04. nov 2020Financial statements Q3 2020
  • 04. nov 2020Additional Pillar 3 disclosures Q3 2020
  • 04. nov 2020Internal Capital Adequacy Assessment - first nine months 2020
  • 04. nov 2020Supervisory Diamond - first nine months 2020
  • 05. feb 2020Risk Management 2019
  • 05. feb 2020Sustainability Report 2019
  • 05. feb 2020Sustainability Fact Book 2019
View all

Outlook for 2020

The outlook has been updated. As stated in company announcement no. 11 of 27 October 2020, we now expect a net profit of DKK 4-4.5 billion. Previously, we guided for a full-year net profit of at least DKK 3 billion.

The upward revision is based on generally improved developments in the financial markets, continually good progress in the underlying business as well as lower costs. We now expect costs, including the planned costs for the Better Bank transformation, to amount to around DKK 28 billion, against our previous guidance of DKK 28-29 billion.

We maintain our ambition for a return on shareholders’ equity of 9-10% in 2023.

The outlook is subject to uncertainty and depends on economic conditions, including government support packages.

Facts & figures

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

199

 

number of branches

2.4

million

eBanking, Mobile and Tablet Banking customers

One-off items

Download in Excel


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

Subscription service

 

Sign up to receive news from us.


Sign up

Order materials 


Order hard copies of our annual report.

Order

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.
More on shares

Regulation

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

Debt

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

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

    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
  • Robin Løfgren

    Chief 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