Published by Global Banking & Finance Review®
Posted on July 18, 2025
2 min readLast updated: January 22, 2026
Add as preferred source on GoogleDanske Bank's Q2 net profit met expectations, with strong customer activity and credit quality, despite market volatility.
COPENHAGEN (Reuters) -Denmark's biggest lender Danske Bank reported second-quarter net profit broadly in line with expectations on Friday, driven by good customer activity and strong credit quality.
Danske said its net profit fell to 5.45 billion Danish crowns ($848.26 million) in the second quarter from 5.84 billion a year earlier, broadly in line with the 5.50 billion expected by 11 analysts on average in a LSEG poll of analysts.
"Despite the challenges posed by geopolitical turbulence and market volatility, the macroeconomic environment in our operating markets remains robust. The Nordic economies continue to exhibit resilience," the bank said in a statement.
Nordic banks have seen central bank rate cuts across the region weigh on interest over the past year while uncertainty over U.S. tariffs and any European retaliation has clouded the outlook for lenders and the economies they serve.
The bank still expects net profit for the year of between 21 billion and 23 billion crowns, it said.
Net interest income, a metric for measuring banks' income from lending and deposits, came in at 9.06 billion crowns, topping a mean forecast of 8.98 billion.
(Reporting by Louise Breusch Rasmussen, editing by Stine Jacobsen)
Danske Bank reported a net profit of 5.45 billion Danish crowns in the second quarter.
The net profit fell from 5.84 billion crowns a year earlier, but was broadly in line with the expected 5.50 billion.
Nordic banks are facing challenges from central bank rate cuts and uncertainty over U.S. tariffs, which have clouded the outlook for lenders.
The bank expects a net profit for the year to be between 21 billion and 23 billion crowns.
Net interest income came in at 9.06 billion crowns, exceeding the mean forecast of 8.98 billion crowns.
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