Jyske Bank's consolidated 1st quarter report for 2005

Pre-tax result of DKK 555 million (EUR 75 million) – annual return on shareholders’ funds of 28.5%

  • Core earnings amounted to DKK 435m. (EUR 59m) - up by 41%
  • Profit on own securities portfolio net of funding costs amounted to DKK 111m (EUR 15m)
  • Pre-tax result is up 17% compared with the 1st quarter of 2004
  • Solvency ratio incl. 1st quarter earnings is 11.7%, of which Tier 1 is 10.3%.