Company announcement no. 19
Net profit of DKK 686 million and return on equity of 13.4%
We’re very satisfied with our half-year profit of
In terms of income, the first six months of the year were characterised by strong performance in our core business based on a high level of activity and business volume growth combined with a very strong performance in the financial markets.
Our bottom-line performance was even more positive than our core earnings because, at the end of the period, we recorded loan impairment reversals that reconfirm the favourable developments in the credit quality of our retail and business customers despite continuing uncertainty attaching to COVID-19.
Finally, in June we were pleased to successfully migrate the roughly 60,000 customers from BankNordik’s Danish business to our products and systems”, said Spar Nord’s CEO
Please direct any questions regarding this release to
Rune Børglum Sørensen
Head of Investor Relations
- Financial statement-Company announcement no. 19
- No. 19 Interim report H1 2021 of Spar Nord
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