Danske Bank A/S revised earnings guidance for 2024. The outlook for 2024 is revised upwards to a net profit in the range of DKK 21-23 billion. At the release of annual report for 2023 on 2 February this year, the company guided for a full-year 2024 net profit in the range of DKK 20-22 billion.

The profit upgrade follows continually strong credit quality and expectedly small reversals of impairment charges for the second quarter of 2024. As such, the company now expects full-year loan impairment charges to be up to DKK 0.6 billion.