Lån & Spar Bank (LASP) Q3 2026 earnings summary

Executive summary

• YTD 2026 pre-impairment base earnings rose to DKK 429.0m from DKK 395.5m, driven by customer growth; management called earnings and profit satisfactory.

• Profit after tax was DKK 323.4m, or DKK 93.5 per share; capital ratio was 23.3% against a total capital requirement of 14.8%.

Financial highlights

• Net interest and fee income reached DKK 1,185.1m, up 6.1% YoY; net interest income rose 3.9% to DKK 689.6m.

• Pre-tax profit was DKK 421.8m versus DKK 444.1m YoY; net income was DKK 323.4m versus DKK 335.0m.

• Personnel and administration expenses increased 8.1% to DKK 758.5m; impairment charges were a DKK 5.9m income versus a DKK 5.5m expense.

• Securities portfolio result was a DKK 13.1m loss versus DKK 54.1m income YoY; the prior-year result included DKK 36.1m from a data-center share sale.

Outlook and guidance

• Management maintained its FY 2026 net income outlook of DKK 300–400m.