Danske Bank (DANSKE.CO) raised its full-year 2026 net profit guidance after reporting higher first-half results driven by strong customer activity, increased lending volumes and broad-based income growth.
The bank on Friday upgraded its 2026 net profit outlook to between 23 billion Danish kroner and 25 billion kroner from a previous guidance range of 22 billion kroner to 24 billion kroner.
For the six months ended June 30, the bank's net profit increased to 11.89 billion kroner from 11.21 billion kroner a year earlier. EPS climbed to 14.6 kroner from 13.5 kroner.
Total income rose to 29.13 billion kroner from 27.92 billion kroner, supported primarily by growth in net interest income and net fee income for the period. Lending volumes increased 4% from the end of 2025, driven by stronger activity in Sweden and Norway.
Chief Executive Carsten Egeriis said, "At the midpoint of our Forward '28 strategy period, we are seeing clear momentum across our business. Good customer activity, growing volumes and broad-based income growth contributed to a strong first half of the year."
"While the economic outlook could be impacted by the unpredictable geopolitical situation and the impact of higher energy prices is uncertain, we continue to expect the Nordic economies to develop [favorably], the company said in the earnings statement.
The shares were down 1% in early morning trading in Copenhagen.
