Investor Presentation - First Nine Months 2022
Investor Presentation - First nine months 2022
Business units: Continued progress in PC DK and Business Customers
Key financial metrics
Personal
Customers
DK & Nordic
Business
Customers
YoY [index]
(xǝpu!) 000
QoQ (index)
Yoy [index]
Total Income**
NII
Fee + Trading
Lending*
110
102
105
103
102
101
96
101
99
98
122
107
100
103
98
95
99
90
DK
Nordics**
101
99
DK
SE
NO
FI
Total Income
NII
Fee + Trading
Lending*
119
Yoy
114
108
111
103
103
113
113
QoQ
103
103
103
109
103
101
BC
*In local currency and excluding fair-value effects in DK
** Total income adjusted for effects from the sale of DB Luxembourg
DK
SE
NO
FI
Danske Bank
YOY
QoQ
Highlights
PC DK: Solid NII uplift of 22% Q/Q as higher rates are
supported by remortgaging activity and improved market
shares in lending (excl. RD). Customer flows continue to
improve and the consideration rate among young customers
has also developed favorably (10% vs. 6% in Dec'21)
PC Nordic: Continued strategy of further enhancing
profitability through cross-selling and expanding product
offerings underpin fee development
Overall, good progress on increasing the share of customers
onboarded digitally to free up advisory time, further enabled
by digitalising day-to-day banking meetings
Continued momentum in lending volumes with uplift in
Denmark and Sweden supporting efforts to capture market
shares
Ancillary income supported by cash management and
foreign exchange activities. Green product launches further
enable dialogue around costomers transition financing
Activity through digital channels and self-service continues,
e.g. through increasing usage of our Marketplace module,
where 15% of all SE District customers have visited the
platform
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