Danske Bank reported a second-quarter 2026 net profit of DKK 6.2 billion and raised its full-year 2026 net profit outlook to a range of DKK 23-25 billion, the Danish lender said in its interim report published on Friday.
The group posted a return on equity of 14.8% for the quarter, which management described on its earnings call as the strongest quarterly result for Danske Bank in 20 years from a return-on-equity perspective.
CORPORATE LENDING AND INFLOWS SUPPORT RESULTS
Lending at Large Corporates & Institutions grew 6% year on year, with Business Customers lending up 5%. Since the end of 2025, bank lending growth at Business Customers has been driven mainly by Sweden and Norway, while the increase at Large Corporates & Institutions was primarily driven by corporate customers in Denmark.
Asset management recorded net sales of DKK 14.6 billion in the quarter, and total assets under management reached DKK 1,117 billion, up 24% year on year.
Total income rose 8% year on year to DKK 15.2 billion, and net profit was up 14% from DKK 5.5 billion in the second quarter of 2025.
OUTLOOK RAISED
The 2026 net profit outlook was raised from DKK 22-24 billion, and Danske now expects total income somewhat above DKK 59 billion and a cost/income ratio below 45% for the year.
The CET1 capital ratio was 17.0% at the end of June, compared with 17.3% at the end of 2025.
The results were published through Danske Bank's investor relations channels alongside supporting presentation materials.