Jyske Bank's net profit rose 5% in H1 2024, fueled by higher net interest income

From GlobeNewswire: 2024-08-20 02:08:00

In the first half of 2024, Jyske Bank’s net profit rose by 5% to DKK 2,623m. The increase was fueled by higher net interest income, despite rising core expenses. The bank successfully integrated PFA Bank and launched a share buy-back program of up to DKK 1.5bn, aiming for net zero CO2 emissions by 2045/2050. Earnings per share were DKK 38.8, with core income up 4% and loan impairment charges down to DKK 95m. Jyske Bank’s capital ratio was 16.6%, within the target range.



Read more at GlobeNewswire:: Interim Financial Report H1 2024