Good customer activity and strong credit quality led to solid results for the first nine months of 2025 Net profit of DKK 16.7 billion

Press release

Danske Bank Bernstorffsgade 40 DK-1577 København V Tel. + 45 45 14 14 00 31 October 2025 Page 1 of 3

Good customer activity and strong credit quality led to solid results for the first nine months of 2025
Net profit of DKK 16.7 billion

Carsten Egeriis, Chief Executive Officer, comments on the financial results:

“We delivered a solid financial result for the first nine months of 2025 following strong execution on strategic priorities according to our Forward ’28 strategy. Our financial performance was driven by resilient net interest income, continually strong net fee income, effective cost management and low impairments as a result of the strong credit quality of our loan portfolio.

Increased customer activity, a growing corporate customer base and market share gains in the corporate segment drove growth in lending and deposits, strengthening our commercial momentum. Additionally, there was a solid development in assets under management, which further supported the positive performance. The development was backed by significant growth in investments made by Danish personal customers, leading to a further increase in market share in the Danish retail investment market.

Our focus on and investments in customer advisory services and digital solutions continue to support the progress of our Forward ’28 strategy, keeping us firmly on course to meet our full-year guidance.”

Solid financial performance

In the first nine months of the year, we continued to deliver on our strategic ambitions as profitability remained robust, with a return on equity of 12.9%.

Net interest income decreased slightly to DKK 27.2 billion year-on-year, primarily due to the sale of the personal customer business in Norway and a decrease in deposit margins resulting from lower market rates, but was positively impacted by increased lending activity and higher income from interest rate risk management.

Net fee income increased 2%, mainly driven by strong customer activity, while net trading income rose 12%, primarily supported by positive market value adjustments. Net income from insurance business decreased 22%, primarily due to the effect of a strengthening of provisions of DKK 220 million in the first quarter of 2025.

Operating expenses were stable relative to the level in the same period last year, and we are on track to meet our full-year guidance. Loan impairment charges reflect overall strong credit quality, despite the uncertain macroeconomic landscape, and were low in the first nine months of 2025, amounting to DKK 258 million.