Bank of Greenland H1 FY26 pretax profit climbs 15.4% to DKK 97.4 million

Reuters2026/08/19 17:57

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Grønlandsbanken posted first-half 2026 profit before tax of DKK 97.4 million, up 15.4% from a year earlier.
Return on opening equity after dividend was 13.1% p.a.; profit before value adjustments and write-downs edged up to DKK 95.5 million.
Net interest and fee income slipped to DKK 218.8 million, down DKK 0.9 million, while total expenses fell to DKK 126.2 million.
Impairments of loans and guarantees dropped to DKK 3.9 million from DKK 14.5 million; value adjustments showed a DKK 5.8 million gain.
Lending rose DKK 115 million since end-2025 to DKK 5.037 billion; 2026 profit-before-tax outlook stayed at DKK 195-220 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bank of Greenland A/S published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608191356OMX_____CNEWS_EN_GNW1001258403_en) on August 19, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Bank of Greenland H1 FY26 pretax profit climbs 15.4% to DKK 97.4 million

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