Jyske Bank H1 Earnings Top Expectations; Sees Guidance at High End of Range

• (PLX AI) - Jyske Bank half year EPS DKK 24.5.
• • half year CET1 capital ratio 17.9%
• • half year profit after tax DKK 1,691 million vs. estimate DKK 1,506 million
• • Outlook FY EPS DKK 44-50, at upper end of range
• • Outlook FY profit after tax DKK 3,000-3,400 million, at upper end of range
• • half year net interest income DKK 2,671 million vs. estimate DKK 2,630 million
• • half year pretax profit DKK 2,106 million vs. estimate DKK 1,927 million
• • half year net fee & commission income DKK 1,250 million vs. estimate DKK 1,255 million
• • Jyske Bank says is well positioned for both organic growth and integration of Svenska Handelsbanken's activities in Denmark
• • Says core income may fall in 2022 due to lower value adjustments than in 2021
• • Says core expenses exclusive of one-off expenses are expected to fall in 2022 compared to 2021