Ringkjøbing Landbobank has upgraded its full-year 2026 net profit guidance to between 2.2 and 2.5 billion kroner following a first-half net profit of 1.194 billion kroner, which delivered a return on tangible equity of 22 percent per annum. The bank reported a core result of 1.595 billion kroner for the first six months, with total core income of 2.120 billion kroner and loan impairment reversals of 31 million kroner. Costs rose 4 percent compared with the first half of 2025, producing a cost-to-income ratio of 26.2 percent, while lending and deposits grew at annual rates of 13 percent and 12 percent respectively. The bank also noted that its 400-million-kroner share buyback program is nearing completion and will be followed by a new one, and that Moody’s reaffirmed its Aa3 long-term deposit rating in June 2026.
Ringkjoebing Landbobank A/SRaises 2026 profit guidance and reports strong first-half results with high return on equity.
