Møns Bank (MNBA) investor relations material

Executive summary

• Result before tax was DKK 12.0 million for Q1 2026, down from DKK 16.2 million year-over-year, in line with expectations due to the growth strategy and lower market value adjustments.

• Net reversals on loan impairments contributed DKK 8.5 million, compared to an expense of DKK 3.9 million last year.

• Lending increased by 9.5% since year-end and 26.6% year-over-year, mainly due to the new Køge branch.

• Deposits decreased by 0.9% since year-end but rose 9.8% year-over-year.

Financial highlights

• Net interest and fee income totaled DKK 57.6 million, up DKK 1.2 million year-over-year.

• Operating expenses rose 22% to DKK 55.8 million, reflecting higher staff and IT costs from expansion.

• Net profit for the period was DKK 10.2 million, down from DKK 14.1 million last year.

• Return on equity before tax was 6.6% p.a., compared to 9.4% p.a. last year.

• Liquidity Coverage Ratio (LCR) stood at 461.0%.

Outlook and guidance

• 2026 pre-tax profit guidance raised to DKK 60–80 million, up from DKK 40–60 million, due to expected gain from BEC stake sale.

• Core operating profit guidance maintained at DKK 35–55 million.