Annual report 2014

| Source: Ringkjøbing Landbobank A/S Ringkjøbing Landbobank A/S

Annual report - highlights:

  • The best profit in the bank’s history!
  • 24% increase in the profit before tax to DKK 587 million
  • The profit is equivalent to a 21% return on equity at the beginning of the year
  • Core earnings amounting to DKK 522 million exceed expectations
  • Best ever net increase in customers
  • 12% increase in loans and 9% increase in deposits
  • Ordinary dividend raised from DKK 15 to DKK 26 per share
  • Proposal to cancel 110,000 shares bought back
  • New buy-back programme for up to DKK 145 million
  • Expectations for core earnings of DKK 450 - 525 million in 2015, to this must be added the result for portfolio

Please read the complete Annual Report 2014 in the attached pdf.

Attachments

Annual report 2014.pdf