Jyske Bank Interim Financial Report - First quarter of 2016

Interview with Anders Dam

Summary

  • Core income: DKK 2,063m (Q1 2015: DKK 1,978m)
  • Core profit: DKK 623m (Q1 2015: DKK 313m)
  • Pre-tax profit: DKK 478m (Q1 2015: DKK 502m)
  • The pre-tax profit corresponded to an annualised return of 6.4% on opening equity (Q1 2015: 7.3% p.a.)
  • Value adjustments under core profit: DKK 223m (Q1 2015: DKK -150m)
  • Loan impairment charges under core profit: DKK 172m (Q1 2015: DKK 327m)
    o Of which impairment charges on agricultural clients amounted to DKK 228m
  • Loans and advances: DKK 411bn (end of 2015: DKK 396bn)
    o Mortgage loans: DKK 258bn (end of 2015: DKK 249bn)
    o Traditional bank loans and advances: DKK 94bn (end of 2015: DKK 93bn)
  • Bank deposits: DKK 125bn (end of 2015: DKK 129bn)
  • Capital ratio: 16.7%, of which the Common Equity Tier 1 capital ratio was 15.9% (end of 2015: 17.0% and 16.1%)
    o Capital buffer: DKK 9.4bn (end of 2015: DKK 10.9bn)