Jyske Bank Interim Financial Report Q1 2022

Interview with Anders Dam, CEO


Summary

  • Earnings per share: DKK 12.1 (Q1 2021: DKK 11.6)
  • Net interest income: DKK 1,312m. (Q1 2021: DKK 1,224m)
  • Net fee and commission income: DKK 683m (Q1 2021: DKK 576m)
  • Value adjustments: DKK 9m (Q1 2021: DKK 362m)
  • Core income: DKK 2,189m (Q1 2021: DKK 2,235m)
  • Core expenses: DKK 1,160m (Q1 2021: DKK 1,171m)
  • Impairment charges: DKK -55m (Q1 2021: DKK 10m)
  • Pre-tax profit amounted to DKK 1,088m, corresponding to a pre-tax return on equity of 12.0% p.a. (Q1 2021: DKK 1,129m and 12.9% p.a.)
  • Net profit amounted to DKK 851m, corresponding to a return on equity of 9.3% p.a. (Q1 2021: DKK 883m and 10.0% p.a.)
  • Capital ratio 21.6%, of which common equity tier 1 capital ratio of 17.2% (Q1 2021: 23.2% and 18.0%, respectively)
  • Individual solvency requirement: 10.7% (Q1 2021: 11.5%).