Net profit of DKK 3.1 billion for the first quarter of 2021


Return on equity after tax

DKK 3.1 bn

Net profit

"We saw good customer activity in the beginning of 2021, and with our new organisation, we continued to support both personal and business customers in a quarter marked by the second wave of the pandemic and lockdowns throughout our societies. As a result, we saw a positive income development across our business and our cost measures continue to have an effect, as we are becoming a more efficient bank"
Carsten Egeriis

Chief Executive Officer

Download the report

Find the most relevant files

  • 03. May 2021Speech from conference call first quarter 2021
  • 28. Apr 2021Audio from conference call Q1_2021
  • 28. Apr 2021Danske Bank Interim report first quarter 2021
  • 28. Apr 2021Financial Statements Q1 2021
  • 28. Apr 2021Conference call presentation - first quarter 2021
  • 09. Jun 2021Debt investor update Q1 2021
  • 07. Jun 2021Indicators for assessing systemically important banks 2020
  • 28. Apr 2021Fact Book Q1 2021
  • 07. Jun 2021Additional Pillar 3 disclosures Q1 2021
  • 28. Apr 2021Supervisory Diamond 2021Q1
  • 28. Apr 2021Financial accounts 2004-2021
  • 28. Apr 2021Internal Capital Adequacy Assessment - Q1 2021
  • 28. Apr 2021One-off items Q1 2021
  • 09. Apr 2021Restatements to Danske Bank segment reporting 2021_extended version
  • 26. Mar 2021Script for pre-close call Q1 2021
  • 04. Feb 2021Annual Report 2020
  • 04. Feb 2021Conference call presentation 2020
  • 04. Feb 2021Fact Book Q4 2020
  • 04. Feb 2021Debt investor update Q4 2020
  • 08. Feb 2021Speech from conference call 2020
  • 08. Feb 2021Audio from conference call 2020
  • 04. Feb 2021One-off items Q4 2020
  • 04. Feb 2021Financial statements Q4 2020
  • 04. Feb 2021Additional Pillar 3 disclosures Q4 2020
  • 04. Feb 2021Internal Capital Adequacy Assessment 2020
  • 04. Feb 2021Supervisory Diamond 2020
  • 04. Feb 2021Risk Management 2020
  • 04. Feb 2021Sustainability Report 2020
  • 04. Feb 2021Sustainability Fact Book 2020
View all

Outlook for 2021

We expect net profit for 2021 to be in the range of DKK 9-11 billion.

We expect total income to be slightly higher than the level in 2020, subject mainly to commercial momentum and broader economic developments.

Expenses are expected to be no more than DKK 24.5 billion, driven by ongoing cost initiatives and lower costs for transformation and remediation.

Loan impairments are expected to be no more than DKK 3.5 billion, subject to a modest macroeconomic recovery based on a positive impact from COVID-19 vaccines.

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.



number of branches



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


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


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.
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