Investor Presentation - FY 2023
Investor Presentation - FY 2023
Danske Bank
Strong CET1 capital build-up since 2008; Available Distributable Items (ADI) well in
excess of DKK 100 bn
Common Equity Tier 1, 2008 - 2023 (DKK bn]
77
79
J
+78 bn
152
155
149
144
126
130
134
133
133
133
127
119
107
85
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018¹
2019
2020
2021
2022
2023
REA, CET1, profit and distribution (DKK bn; %]
REA
CET1 ratio
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
960
834
844
906
819
852
865
834
815
753
748
767
784
860
838
828
8.1%
9.5%
10.1%
11.8%
14.5%
14.7%
15.1%
16.1%
16.3%
17.6%
17.0%
17.3%
18.3%
17.7%
17.8%
18.8%
1.0
1.7
3.7
1.7
4.7
7.1
13.02
17.72
19.9
20.9
15.0
15.1
4.6
12.9
-5.1
21.2
Net profit
Distribution to shareholders³
0
0
0
0
0
2.0
10.5
17.1
18.9
16.3
7.6
0
1.7
1.7
0
18.0
Total assets
3,544
3,098
3,214
3,424
3,485
3,227
3,453
3,293
3,484
3,540
3,578
3,761
4,109
3,936
3,763
3,771
1. The decline in CET1 capital in 2018 is due mainly to Danica Pension's acquisition of SEB PensionDanmark which led to a higher deduction in Group regulatory capital.
2. Before goodwill impairment charges 3. Based on year-end communicated distributions. 2017 is adjusted for cancelled buy-back. 2019 is adjusted for cancelled dividend.
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