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Core income up 4 % driven by net fee income and market value adjustments
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NII down 4 % due to margin pressure, declining volume and lower income from bond portfolio
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Fee income at all-time high following strong activity in mortgage-distribution and asset management
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Market-value adjustments at extraordinary level following sale of shares in Nørresundby Bank
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Costs rose 2% when adjusted for one-offs related to change of IT-platform
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Core earnings before impairment of DKK 1,488 m - much higher than expected at beginning of year
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Loan losses came down to DKK 316 m corresponding to an impairment percentage of 0.64
- Solid capital position makes way for distribution of 87 % profits as dividend and buy-back
Annual Report 2015
RECORD-HIGH NET PROFIT OF DKK 897 MILLION AND ROE OF 12,2 %
| Quelle: Spar Nord Bank A/S