Jyske Bank (JYSK) investor relations material

Q2 performance

• Record-high Q2 EPS, up 12% YoY; net profit DKK 1,353m, core profit DKK 1,803m, RoTE 11.9% and cost/income ratio 46.8%.

• Core income was DKK 3,407m and core expenses DKK 1,593m; cost of risk was 0bp and CET1 ratio 15.7%.

Growth and customer franchise

• Mortgage loans exceeded DKK 400bn, double the 2014 level; personal mortgage lending grew 7% p.a. in Q2, its highest rate since 2018.

• Jyske Frihed reached 3% of personal mortgage lending within ~3 months; the flexible variable-rate product offers borrower choices on amortisation and maturity.

• AuM increased DKK 28bn, or 9% QoQ, in Q2; record-high organic growth included positive retail and institutional inflows.

• Private banking customer satisfaction ranked highest for 11 consecutive years, with continued net customer inflow.

Income and credit quality

• Net interest income rose 2% QoQ in Q2, its first quarterly increase since 2023; another increase was expected in Q3 after a 25bp policy-rate rise on 12 June 2026.

• Stage 3 exposures fell to a record-low 0.7% of net loans and guarantees, down 0.5pp in two years; stage 2 reached an all-time low of 3.0%, down 1.0pp.