Kort kommentar fra Danske Bank til dagens opjustering fra Spar Nord:
Spar Nord (MW) follows in the footsteps of Nykredit and upgrades their financial guidance for the year 2021. Spar Nord expects 2021FY net profit to arrive at DKK1,250-1,350m (previously DKK1,100-1,300m). Spar Nord states that Q3 has shown satisfactory business growth and positive developments in financial markets, which has contributed to positive value adjustments. Meanwhile, costs were slightly lower in Q3 than previously expected, mainly due to lower costs related to the BankNordik integration. Spar Nord further states that they now expect net reversals to amount to DKK100m for the full year 2021.
Spar Nord will publish their Q3 report on 4 November.
