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Jyske Bank Q2 pre-tax profit DKK 1.02 bln, above expectations

Thursday, 18 Aug 2016 

Jyske Bank : Q2 net interest income 1.45 billion Danish crowns ($220.5 million) (Reuters poll 1.48 billion crowns) . Q2 pre-tax profit 1.02 billion crowns (Reuters poll 696 million crowns) . Q2 reversal of loan losses 105 million crowns (loan losses in Reuters poll 67.6 million crowns) . "It is expected that sales of home loans will continue at a high pace, also in second half of year" .Supervisory board has decided to raise new share buy-back programme launched on July 1 by 500 million crowns to 1 billion crowns.