Danske Bank 2023 profit outlook in line with forecasts

Kitco Media
By Reuters
Published:
Updated:
Reuters
COPENHAGEN, Feb 2 (Reuters) - Danske Bank posted fourth-quarter net profit on Thursday roughly in line with estimates on the back of a sharp rise in interest rates and presented an earnings outlook for 2023 that was stronger than analysts' forecast. Denmark's largest lender expects net profit for 2023 to come in between 15 and 17 billion Danish crowns ($2.2-$2.5 billion), while analysts on average have expected earnings of 15.8 billion according to a company-compiled poll. ($1 = 6.7579 Danish crowns) (Reporting by Nikolaj Skydsgaard, editing by Terje Solsvik)

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