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Djurslands Bank (DJUR) investor relations material
Djurslands Bank Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Result before tax for Q1 2026 was DKK 74 million, a 3.3% decrease year-over-year, mainly due to lower bond revaluations from rising interest rates.
Customer base and business volume continued to grow, with strong activity in the housing market and increased lending.
The bank maintains a robust risk profile and high credit quality, with negligible loan losses.
Financial highlights
Net interest income rose 5.6% to DKK 96 million; net fee and commission income increased 12.4% to DKK 65 million year-over-year.
Total lending grew 7.1% to DKK 6.0 billion, and deposits rose 13.0% to DKK 11.2 billion compared to Q1 2025.
Assets under management reached DKK 24.9 billion, up 14.4% year-over-year.
Operating expenses were stable at DKK 98 million.
Return on average equity before tax was 15.4%.
Earnings per share for Q1 was DKK 20.1.
Outlook and guidance
Full-year 2026 pre-tax profit is expected in the range of DKK 240–280 million, guidance unchanged.
- Record profit, strong customer growth, and robust capital position despite margin pressure.DJUR
Q4 20254 Feb 2026 - Profit, customer growth, and capital ratios remain strong; full-year outlook upgraded.DJUR
Q3 20257 Nov 2025 - Profit declined but lending, deposits, and capital strength improved; guidance maintained.DJUR
Q2 202515 Aug 2025 - Record profit and strong growth led to raised full-year guidance and robust capital ratios.DJUR
Q3 202413 Jun 2025 - Record first-half profit and upgraded outlook reflect strong growth and robust capital position.DJUR
Q2 202413 Jun 2025 - Record profit, strong growth, and robust capital; 2025 outlook cautious amid rate cuts.DJUR
Q4 20249 Jun 2025 - Strong lending growth and capital position support stable outlook for 2025.DJUR
Q1 20256 Jun 2025
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