Ringkjoebing Landbobank H1 FY26 net profit rises 0.25% to DKK 1.19 billion
Reuters2026/08/05 05:33Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Ringkjøbing Landbobank posted H1 2026 net profit of DKK 1.19 billion, with ROTE at 22% p.a.
- Base result edged up to DKK 1.6 billion, supported by a DKK 31 million net release of loan impairments.
- Base income rose to DKK 2.12 billion, while costs and depreciation increased 4% to DKK 556 million, lifting the cost ratio to 26.2.
- The bank flagged loan growth of 13% p.a. and deposit growth of 12% p.a., citing strong customer inflows.
- It raised its 2026 net profit outlook to DKK 2.2 billion–DKK 2.5 billion, with a new buyback planned after a DKK 400 million program ends.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ringkjøbing Landbobank A/S published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608050131OMX_____CNEWS_DA_GNW1001256096_da) on August 05, 2026, and is solely responsible for the information contained therein.
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