Skjern Bank (SKJE) investor relations material

Executive summary

• Pre-tax profit reached DKK 179.3 million, up 6.3% from the same period last year, with net profit after tax at DKK 141.3 million, an increase of DKK 22.6 million year-over-year.

• Net interest and fee income increased to DKK 345.5 million, up 2.4% year-over-year, driven by growth across all business areas.

• Loan growth of 15.1% to DKK 8,080 million and deposit growth of 10.7% to DKK 10,479 million since June 2025.

• Operating expenses increased by 9.9% due to staff expansion, IT, and marketing investments supporting organic growth.

• Return on equity after tax was 14.7% p.a.

Financial highlights

• Net profit after tax was DKK 141.3 million, up from DKK 118.7 million year-over-year.

• Net interest income: DKK 204.2 million (+1.5% year-over-year).

• Net fee and commission income: DKK 127.6 million (+14.3% year-over-year).

• Market value increased to DKK 3,505 million, with a price/book ratio of 1.21 as of August 2026.

• Capital ratio at 24.2% and core capital ratio at 23.2% as of June 2026.

Outlook and guidance

• Full-year basis result expected in the range of DKK 315–335 million.

• Full-year pre-tax profit guidance set at DKK 310–335 million.

• Loan growth for the year anticipated at 12–14%.