Financial results 2018

9.8%

Return on equity after tax

DKK 15.0 bn

Net profit

"2018 was a challenging year for Danske Bank. The serious and demanding issue concerning the terminated portfolio of non-resident customers in Estonia triggered justified criticism from our stakeholders and led to a number of changes at management level. We must use the lessons learned from this case to prevent something similar from ever happening again."
Jesper Nielsen

Interim Chief Executive Officer

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Find the most relevant files

  • 01. feb 2019Annual Report 2018
  • 01. feb 2019Conference call presentation 2018
  • 01. feb 2019Fact Book Q4 2018
  • 01. feb 2019Debt investor update Q4 2018
  • 01. feb 2019Corporate Story 2018
  • 05. feb 2019Speech from conference call 2018
  • 01. feb 2019Audio from conference call 2018
  • 01. feb 2019One-off items Q4 2018
  • 01. feb 2019Financial statements Q4 2018
  • 01. feb 2019Additional Pillar 3 Disclosures Q4 2018
  • 01. feb 2019Internal Capital Adequacy Assessment 2018
  • 01. feb 2019Supervisory Diamond Q4 2018
  • 01. feb 2019Risk Management 2018
  • 01. feb 2019CR Report 2018
  • 01. feb 2019CR Factbook 2018
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Outlook 2019

We expect net profit for 2019 to be in the range of DKK 14-16 billion. This excludes any potential gain on the prospective sale of Danica Pension Sweden.

We expect net interest income to be at around the level in 2018, as volume growth will be offset by higher funding costs and margin pressure. This is subject to changes in funding spreads.

Net fee income is expected to be higher, due mainly to the effect of the acquisition of SEB Pension Danmark and subject to customer activity.

Expenses are expected to be at around the level in 2018 (including the donation of DKK 1.5 billion) due to higher costs related to AML, SEB Pension Danmark, VAT and a higher activity level. The outlook includes costs of DKK 0.3 billion specifically earmarked for AML digitalisation efforts.

Loan impairments are expected to be higher.

The outlook is subject to uncertainty and macroeconomic developments.

We maintain our long-term ambition of being 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.

237

 

number of branches

2.2

 
million

eBanking, Mobile and Tablet Banking customers

One-off items

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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