AL Sydbank H1 FY26 profit rises to DKK 1.76 billion; core income more than doubles to DKK 5.92 billion
Reuters2026/08/26 05:55- AL Sydbank posted H1 profit after tax of DKK 1.76 billion, delivering a 13.3% return on tangible equity.
- Core income more than doubled to DKK 5.92 billion versus the same period in 2025; trading income rose to DKK 185 million.
- Core earnings before impairment climbed 54% to DKK 2.62 billion; impairment charges were an expense of DKK 151 million.
- Loans and advances increased DKK 3.4 billion, or 2.4%, since year-end 2025 to DKK 143.7 billion; deposits rose DKK 10.1 billion to DKK 219.4 billion.
- Guidance lifted to the top half of DKK 3.5-4.0 billion profit after tax; cost synergies reached DKK 175 million, CET1 ratio edged up to 16.0%.
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