Investor Presentation - FY 2023 slide image

Investor Presentation - FY 2023

Investor Presentation - FY 2023 A year of significant improvement in financial performance and commercial momentum underpinning sustainable profitability 2023 highlights Net profit of DKK 21.3bn Supported by strong NII trend (+39% Y/Y) Core banking income up +20% Underpinned by margin expansion and resilient fee income Improved efficiency Cost/Income 49% despite inflation and elevated remediation costs 2024 outlook Danske Bank Volumes stable Lending stabilised despite economic slowdown and DCM shift Deposits remain elevated supported by recognised savings products Strong capital and liquidity position +450bps CET1 buffer and LCR of 170% Strong credit quality Impairments down 83% Y/Y amounting to 1 bps in 2023 Net profit guidance of DKK 20-22bn Capital distribution H2: DKK 7.5/share; FY 14.5/share 59% dividend payout Share buy-back DKK 5.5bn Total payout 85% Significant milestones for legacy cases GFCP completed and submitted to the FSA, and solution in place for legacy debt collection Forward '28 strategy launched with ambitious 2026 financial targets 7
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