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Sydbank’s Interim Report – Q1-Q3 2025
Company Announcement No 54/2025
5 November 2025
The first three quarters of the year show greater resilience in the Bank’s earnings capacity. Interest rates levelled off in the third quarter and net interest income was maintained at the same level as in the second quarter of the year. At the same time other core income grew by 7% compared to the same period in 2024 thanks to employees’ hard work and focus.
On 27 October 2025 the boards of directors of Sydbank, Arbejdernes Landsbank and Vestjysk Bank entered into a merger agreement and proposed to their respective general meetings that the three banks merge. The merger will be completed with Sydbank as the continuing bank under the brand AL Sydbank A/S with headquarters in Aabenraa, Denmark.
Profit after tax is expected to be in the range of DKK 2,400-2,600m.
The outlook is subject to uncertainty and depends among other factors on financial market developments and macroeconomic factors which may affect eg the level of impairment charges.
Jørn Adam Møller, Deputy Group Chief Executive, Tel +45 74 37 20 30
Louise Degn, Press Officer Tel +45 20 31 54 65
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