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.