Jyske Bank

Earnings Release • Oct 9, 2025

Corporate Announcement Inside information

Earnings per share outlook for 2025 raised to DKK 77-84

Jyske Bank expects a net profit of DKK 4.9bn-5.3bn in 2025, corresponding to earnings per share of DKK 77-84. Previously, expectations were for a net profit at the upper end of DKK 3.8bn-4.6bn, corresponding to earnings per share at the upper end of DKK 60-73.

Net profit amounted to DKK 3,992m in Q1-Q3 2025.

The improved outlook is driven by a broadly based positive development. We have seen the effects of favorable financial markets combined with continued solid credit quality, a high level of activity particularly in asset management, and customer growth in prioritized segments.

Core profit and net profit for the period (DKKm)
	Q1-3	Q1-3	Index	Q3	Q2	Q1	Q4	Q3
	2025	2024	25/24	2025	2025	2025	2024	2024
Net interest income	6,629	7,275	91	2,187	2,204	2,238	2,269	2,356
Net fee and commission income	2,073	1,836	113	689	658	726	902	627
Value adjustments	956	891	107	511	263	182	172	453
Other income	202	168	120	33	118	51	12	11
Income from operating lease (net)	82	137	60	19	31	32	31	32
Core income	9,942	10,307	96	3,439	3,274	3,229	3,386	3,479
Core expenses	4,732	4,768	99	1,537	1,662	1,533	1,634	1,608
Core profit before loan impairment charges	5,210	5,539	94	1,902	1,612	1,696	1,752	1,871
Loan impairment charges	-22	13	-	25	-113	66	8	-82
Core profit	5,232	5,526	95	1,877	1,725	1,630	1,744	1,953
Investment portfolio earnings	127	19	668	52	7	68	-33	6
Pre-tax profit before non-recurring items	5,359	5,545	97	1,929	1,732	1,698	1,711	1,959
Non-recurring items, Handelsbanken DK/PFA Bank	0	-73	0	0	0	0	-18	-33
Pre-tax profit	5,359	5,472	98	1,929	1,732	1,698	1,693	1,926
Tax	1,367	1,428	96	474	451	442	425	505
Net profit for the period	3,992	4,044	99	1,455	1,281	1,256	1,268	1,421
Interest expense on additional tier 1 capital, recognised
on equity	198	195	102	67	66	65	66	66
Summary of balance sheet, end of period (DKKbn)
Loans and advances	572.9	557.7	103	572.9	574.3	566.9	567.2
- of which mortgage loans	375.9	361.2	104	375.9	372.2	366.7	365.8
- of which bank loans	140.4	143.6	98	140.4	141.6	144.7	144.7
- of which repo loans	56.6	52.9	107	56.6	60.5	55.5	56.7
Bonds and shares, etc. Total assets	114.7 745.1	104.3 765.2	110 97	114.7 745.1	110.8 766.8	109.0 782.3	98.7 750.2
Deposits	201.3	209.4	96	201.3	197.1	198.5	198.9
- of which bank deposits	190.5	196.0	97	190.5	189.7	191.1	190.2
- of which repo and triparty deposits	10.8	13.4	81	10.8	7.4	7.4	8.7
Issued bonds at fair value Issued bonds at amortised cost	368.9 53.2	360.9 77.4	102 69	368.9 53.2	368.4 64.0	368.4 65.9	362.2 66.6
Subordinated debt Holders of AT1 capital	11.4 4.9	7.7 4.9	148 100	11.4 4.9	7.7 4.9	7.7 4.9	7.6 4.9	557.7 361.2 143.6 52.9 104.3 765.2 209.4 196.0 13.4 360.9 77.4 7.7 4.9

Jyske Bank's Interim Financial Report for Q1-Q3 2025 is expected to be published on 29 October 2025.

Yours faithfully,

Jyske Bank

Contact: Birger Krøgh Nielsen, CFO, tel. +45 89 89 64 44.