Møns Bank (MNBA) Q4 2025 earnings summary

Executive summary

• Profit before tax for 2025 was DKK 59.3 million, down from DKK 107.3 million in 2024, in line with expectations and impacted by lower interest rates and planned growth-related costs.

• Net profit after tax was DKK 51.9 million, compared to DKK 83.8 million the previous year.

• The board proposes a dividend of DKK 8 million, representing 15.4% of net profit.

• Customer base grew by 928 to 22,937, with significant growth in the primary market area.

• A new branch was opened in Køge in September 2025, contributing to loan growth.

Financial highlights

• Net interest and fee income was DKK 236.5 million, a decrease of 3.1% year-over-year.

• Operating expenses rose by 13.5% to DKK 185.5 million, mainly due to investments in staff and IT.

• Loan portfolio increased by 18.8% to DKK 1,907 million; deposits rose by 11.4% to DKK 4,578 million.

• Guarantees increased by 43.2% to DKK 831 million; mortgage loan mediation grew by 6.1%.

• Basis earnings fell 36.5% to DKK 51.3 million.

• Capital ratio was 23.6%, down from 28.3% last year.

• LCR was 479.4%, indicating strong liquidity.

Outlook and guidance

• 2026 is expected to be influenced by macroeconomic and geopolitical uncertainties.

• Basis earnings for 2026 are forecast at DKK 35–55 million; pre-tax profit expected at DKK 40–60 million.

• Continued high growth anticipated, especially from the new Køge branch.