Investor Presentation - First Nine Months 2022
Investor Presentation - First nine months 2022
Capital: Strong capital base; CET1 capital ratio of 16.9% (buffer of 4.4%)
Capital ratios, under Basel III/CRR (%)
23.0
Tier 2
22.4
21.3
Hybrid T1/AT1 Pillar Il component (total 2.6%)
21.1
CET1
2.4
2.4
2.5
2.5
2.2
2.3
2.0
2.0
18.1
2.6
2.0
1.9
1.5
Current capital buffer structure (%)
Countercyclical capital buffer
Capital conservation buffer
SIFI buffer (O-SII)
CET1 Pillar II requirement
CET1 minimum requirement
CET1 target (above 16%)
CET1 Q3 2022(16.9%)
Danske Bank
12.4
0.9
2.5
18.3
17.7
16.9
16.6
13.6
12.0
2020 reported 2021 reported Q3 2022 reported
Q3 2022
fully loaded*
Fully phased-
in regulatory
requirement**
At the end of June 2022, the
trigger point for MDA
restrictions was 12.4%
CET1 development incl. all effects from Estonia related provision (%)
Total REA (DKK bn]
CET1 cap. req.
CET1 buffer
17.6
17.1
0.3
0.4
0.2
16.9
Change in P2
16.9
861.7
1.7
0.9
4.3
4.5
3.5
4.4
0.9.
12.6
13.3
13.3
12.4
0.5
3.0
€ 1.6
4.5
03 2022
17.2
845.1
Q2-22
REA
Deduction
FX & Other
for Danica
(incl. GW)
Q3-22 pre
provision
Provision
(Estonia
related)
*Based on fully phased-in rules including fully phased-in impact of IFRS 9.
Reversal
'21 and '22
dividend
Q3-22 incl.
P2 add-on
(risk of fines]
P2 relief
related to
risk of fines
Q3-22 incl.
all Estonia
effects
Q2 2022
Credit risk
Counterparty risk
Market risk
Q3 2022
** Pro forma fully phased-in min. CET1 req. in June 2023 of 4.5%, capital conservation buffer of 2.5%, SIFI buffer requirement of 3%, countercyclical buffer of 2.0% and CET1 component of Pillar Il requirement.
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