Reuters logo
4 years ago
Loan loss drop helps Danske Bank beat Q4 profit forecasts
February 7, 2013 / 7:21 AM / 4 years ago

Loan loss drop helps Danske Bank beat Q4 profit forecasts

1 Min Read

COPENHAGEN, Feb 7 (Reuters) - Denmark's biggest financial institution, Danske Bank, on Thursday reported a near fourfold rise in quarterly pretax profits, beating forecasts on the back of a drop in loan impairments.

The Nordic region's second-biggest lender said fourth-quarter pretax profits rose to 2.26 billion Danish crowns ($410 million), beating an average 1.86 billion forecast in a poll of analysts.

The bank said it would not propose a dividend for 2012.

$1 = 5.5098 Danish crowns Reporting by Copenhagen Newsroom

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below