Annual Report 2018

2018 - highlights

• The financial statements show a 9% increase in core earnings to DKK 1,092 million and an 8% increase in profit before special costs to DKK 1,169 million
• The integration of the banks is proceeding as expected and the merger has been well received by the customers
• Continued big increase in customers and 7% growth in loans to DKK 33 billion
• Pay-out ratio of 64%, increase in dividend to DKK 10 per share and a new share buy-back programme of DKK 190 million
• Common equity tier 1 capital ratio of 15.0% and MREL capital ratio of 25.2%
• Customer satisfaction high for both brands
• The bank again tops the list of Voxmeter’s reputation survey in Denmark

Please see the complete annual report in the attached pdf.

Attachment

• Årsrapport_2018_UK_HIGH