Jyske Bank Interim Financial Report for the first nine months of 2013

Summary:

  • Core earnings: DKK 1,471m (First nine months of 2012: DKK 90m) 
  • Pre-tax profit: DKK 1,710m (First nine months of 2012: DKK 411m) 
  • The pre-tax profit corresponded to an annualised return of 14.6% on opening equity
    (First nine months of 2012: 4.0% p.a.) 
  • Loan impairment charges and provisions for guarantees: DKK 858m
    (First nine months of 2012: DKK 1,558m) 
  • Bank loans: DKK 111bn (end-2012: DKK 106bn) 
  • Bank deposits: DKK 110bn (end-2012: DKK 97bn) 
  • Solvency ratio of 15.7%, of which Core Tier 1 capital ratio excluding hybrid capital of 14.8%
    (end-2012: 17.3% and 14.2%) 
  • Individual solvency requirement: 10.0% (end-2012: 10.2%) 
  • Liquidity reserve: DKK 50bn (end-2012: DKK 43bn)

Interview with Anders Dam