Jyske Bank raises 2026 profit and earnings-per-share outlook

what happened

Reuters reports that Denmark’s Jyske Bank raised its 2026 net profit outlook to 4.7 billion-5.2 billion Danish crowns, from a previous range of 4.3 billion-5.1 billion crowns. The bank also lifted its earnings-per-share forecast to 78-87 Danish crowns, compared with the earlier range of 71-85. It attributed the revision to strong customer activity and continued solid credit quality.

Net profit for the first nine months of 2026 reached 3.68 billion Danish crowns, while pretax profit was 4.98 billion. Net interest income edged down to 6.59 billion crowns, whereas net fee and commission income rose to 2.23 billion crowns. The average analyst recommendation on the shares is “buy”: two recommendations are “strong buy” or “buy,” four are “hold,” and none are “sell” or “strong sell.”

why it matters

The upgraded guidance points to stronger operating momentum, led by customer activity and fee income, while credit quality remained supportive. Reuters said the median 12-month analyst price target for Jyske Bank is DKK1,170.00, compared with the DKK1,077.00 closing price on October 9; the stock traded at 12 times next-12-month earnings, up from 11 three months earlier.

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