Skjern Bank A/S reported earnings results for the year ended December 31, 2016. For the year, the company's interest receivable was DKK 200,058,000 against DKK 218,537,000 for the last year. Net income from interest was DKK 163,745,000 against DKK 162,228,000 for the last year. Result before tax was DKK 104,653,000 against DKK 51,044,000 for the last year. Net-result for the financial year was DKK 82,110,000 against DKK 40,115,000 for the last year. Total debt was DKK 5,064,827,000 against DKK 4,635,813,000 for the last year. Earnings per share was DKK 39.2 against DKK 19.9 for the last year. Book value per share was DKK 330 compared to DKK 291 a year ago. Return on equity after tax was 12.4% against 7.0% for the last year. Return on assets was 1.4% against 0.7% a year ago.

The bank provided earnings guidance for the year 2017. For the year, the bank expected core earnings in the range of DKK 120 million to DKK 130 million.