Jyske Bank Interim Financial Report H1 2023
- Earnings per share rose 53% to DKK 37.5 (H1 2022: DKK 24.5)
- Net interest income rose 74% to DKK 4,639m (H1 2022: DKK 2,671m)
- Core income increased 57% to DKK 6,573m (H1 2022: DKK 4,197m)
- Core expenses rose 27% to DKK 2,974m (H1 2022: DKK 2,344m)
- Core profit before loan impairment charges increased 94% to DKK 3,599m (H1 2022: DKK 1,853m)
- Loan impairment charges amounted to an expense of DKK 109m (H1 2022: an income of DKK 247m)
- The net profit was up 47% to DKK 2,488m (H1 2022: DKK 1,691m)
- Capital ratio at 20.3%, of this common equity tier 1 capital ratio at 16.1% (H1 2022: 22.2% and 17.9%, respectively)
- For 2023, earnings per share is expected at DKK 70-80
- The integration of Handelsbanken Denmark is proceeding according to plan
- The acquisition of PFA Bank A/S is expected to close during the coming months.