Investor Presentation - First Nine Months 2022
Investor Presentation - First nine months 2022
Danske Bank
Fee: Strong fee performance in core banking activities driven by activity fees, mitigating
impact from lower AuM and lower activity in capital markets
Highlights
Activity-driven fees / money transfers, accounts etc.
Net fee income (DKK m)
9,700
9,536
•
YoY: Up 22% from continually strong trend for everyday
banking services at LC&I & BC (FX and cash mgmt.]
combined with continued strong general customer
activity
2,359
2,869
Lending and guarantees
.
YoY: Up 9%, high level of remortgaging activity on the
1,896
back of higher interest rates
•
QoQ: Down 7% due to lower housing market activity,
2,065
while remortgaging activity remains high
Capital markets
•
Slowdown in primary ECM/DCM markets has
accelerated during the course of the year as customer
preferences had shifted towards bank lending in LC&I
Investment fees
Money transfers,
account fee,
cash management
and other fees
Lending &
guarantees
Capital
Markets
Investment fees
1,402
886
3,157
2,999
951
989
4,044
3,715
655
606
318
217
1,233
1,187
YoY: Negative effect on lower asset under management
and reduced investment appetite among our customers
was mitigated by general uplift in AM fees
YTD-21
YTD-22
Q2-22
03-22
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