SYDB Sydbank A/S

Outlook for 2024

Outlook for 2024





















Company Announcement No 01/2024







Peberlyk 4

6200 Aabenraa, Denmark







Tel

Fax







Sydbank A/S

CVR No DK 12626509, Aabenraa

sydbank.dk







24 January 2024 

Dear Sirs

Outlook for 2024

Sydbank expects profit after tax in the range of DKK 2,500-2,900m

The expectations for profit in 2024 are based on the following:

  • that low growth is projected for the Danish economy
  • that Danmarks Nationalbank will lower the rate of interest on certificates of deposit by 0.75% in 2024

The outlook is subject to uncertainty and depends on financial market developments and macroeconomic factors which may affect eg the level of impairment charges.

Sydbank’s Annual Report for 2023 will be released on 28 February 2024 as planned.

Yours sincerely

        

Karen Frøsig        Jørn Adam Møller

CEO        Deputy Group Chief Executive

Additional information

Jørn Adam Møller, Deputy Group Chief Executive, tel

Susanne Ingemann Faber, Press Manager, tel

Attachment



EN
24/01/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Sydbank A/S

 PRESS RELEASE

Ændring af selskabskapital

Ændring af selskabskapital Selskabsmeddelelse nr. 03/2026Peberlyk 4DK-6200 AabenraaTelefon AL Sydbank A/SCVR-nr. DK 12626509, Aabenraasydbank.dk27. januar 2026  Ændring af selskabskapital På Sydbank A/S’ ekstraordinære generalforsamling den 4. december 2025 blev det besluttet at nedsætte bankens selskabskapital med nominelt 21.737.530 kr. ved annullering af 2.173.753 stk. aktier. Kreditorernes frist for at anmelde krav er udløbet, og bestyrelsen harefterfølgende besluttet at gennemføre kapitalnedsættelsen. Kapitalnedsættelsen registreres i Erhvervsstyrelsen. AL Sydbanks samlede selskab...

 PRESS RELEASE

Change of share capital

Change of share capital          Company Announcement No 03/2026Peberlyk 46200 AabenraaDenmarkTel AL Sydbank A/SCVR No DK 12626509, Aabenraasydbank.com27 January 2026  Dear Sirs Change of share capital At the ekstraordinay general meeting of Sydbank A/S held on 4 December 2025 it was resolved to reduce the Bank’s share capital by nominally DKK 21,737,530 by cancelling 2,173,753 shares. The creditors’ time limit for filing claims has expired and the Board ofDirectors has subsequently decided to implement the capital reduction. The capital reduction will be registered with the Danish Bus...

 PRESS RELEASE

Førtidsindfrielse af to Senior Non-Preferred obligationer

Førtidsindfrielse af to Senior Non-Preferred obligationer Selskabsmeddelelse nr. 02/2026Peberlyk 4DK-6200 AabenraaTelefon AL Sydbank A/SCVR-nr. DK 12626509, Aabenraasydbank.dk22. januar 2026  Ikke til offentliggørelse eller distribution, hverken direkte eller indirekte, i nogen jurisdiktion, hvor sådan offentliggørelse eller distribution ville være ulovlig Førtidsindfrielse af to Senior Non-Preferred obligationer AL Sydbank udnytter den kontraktuelle førtidsindfrielsesret (call option) i to udstedte obligationer med status af Senior Non-Preferred: ISIN DK0030522305 – SEK 800 mio. – Ud...

 PRESS RELEASE

Early redemption of two Senior Non-Preferred bonds

Early redemption of two Senior Non-Preferred bonds              Company Announcement No 02/2026Peberlyk 46200 AabenraaDenmarkTel Fax AL Sydbank A/SCVR No DK 12626509, Aabenraasydbank.dk22 January 2026  Not for publication or distribution, directly or indirectly, in any jurisdiction where such publication or distribution would be unlawful Early redemption of two Senior Non-Preferred bonds AL Sydbank is exercising its contractual call option to redeem two issued bonds with Senior Non-Preferred status early: ISIN DK0030522305 - SEK 800 million – issue date: 9 February 2023, first call...

 PRESS RELEASE

Managers’ and related party transactions in shares in Vestjysk Bank A/...

Managers’ and related party transactions in shares in Vestjysk Bank A/S, now AL Sydbank A/S          Company Announcement No 01/2026Peberlyk 46200 AabenraaDenmarkTel Fax AL Sydbank A/SCVR No DK 12626509, Aabenraasydbank.dk12 January 2026  Dear Sirs Managers’ and related party transactions in shares in Vestjysk Bank A/S, now AL Sydbank A/S In compliance with Article 19 of the Market Abuse Regulation, AL Sydbank A/S (AL Sydbank) publishes share transactions at the Bank conducted by persons discharging managerial responsibilities and persons closely associated with them. The transaction w...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch