Press releaseDanske Bank
Bernstorffsgade 40
DK-1577 København V
Tel. + 45 45 14 14 00
7 February 2025
Progress in customer activity as well as core banking activities continued,
and credit quality remained strong
Record-high net profit of DKK 23.6 billion, improving return on equity to 13.4%
Dividend of DKK 9.35 per share for the second half of 2024 as well as an extraordinary dividend of DKK 5.35 per share, in total DKK 14.7 per share
The Board of Directors has decided to initiate a new share buy-back programme of DKK 5 billion
Danske Bank has announced its financial results for 2024.
Carsten Egeriis, Chief Executive Officer, comments on the financial results:
“For Danske Bank, 2024 was a year in which we consistently delivered positive results from quarter to quarter, driven by increased customer activity, continually strong credit quality and a sustained, dedicated effort from the entire organisation. Consequently, we maintained our positive commercial momentum, resulting in a solid financial performance.
One year into the execution of our Forward ’28 strategy, we have made substantial progress within our technology transformation and customer engagement, and we can see that our investments in enhancing the customer experience have resulted in increasingly positive customer satisfaction scores.
Our continued focus on cost discipline and on maintaining strong credit quality resulted in two upward adjustments of our financial guidance in 2024. On the basis of our strong financial results and solid capital position, the total distribution in 2024 amounts to 100% of net profit, thus honouring the commitment we have made to our shareholders.
With our advanced customer offerings, deep expertise and solid financial position, Danske Bank is strongly positioned to create value for customers, shareholders and society. In a time of heightened geopolitical uncertainty, rapid technological shifts and increasing sustainability challenges, we will continue to focus on opportunities and solutions for