Investor call presentation: Nykredit/Spar Nord
Nykredit.com
Nykredit Investor Relations
Nykredit intends to make a recommended voluntary public tender offer for Spar Nord Bank A/S
“Nykredit and Spar Nord Bank already know each other well. We share a common history as sound and strong companies that are firmly anchored in Denmark and in the many local communities in which we are present. Also, we both have owners committed to long-term, sustainable and responsible thinking, which benefits our customers on a daily basis. Together, we will become Denmark’s customer-owned bank, offering even more customers the opportunity to experience the benefits this offers. Both Spar Nord Bank and Nykredit are growing in the banking market. Customers choose us, customer satisfaction levels are high and market shares are rising. By joining forces, we will obtain the scale in our business which is increasingly important in a market with increased regulation, growing digitalisation and pressure on prices. In addition, scale benefits enable us to stand strong in the market and continue our growth.
The Nykredit Group’s ‘Winning the Double’ strategy continues, because partnerships are a crucial part of our group strategy. Our partners can therefore expect us to further engage and invest in our important communities in Totalkredit, BEC, Sparinvest, nærpension and Privatsikring. Partnerships that ensure that we together stand stronger in the Danish financial market and in our interaction with customers.”
Michael Rasmussen
Group Chief Executive
The purpose of Nykredit Investor Relations is to create, build and develop valuable relations with new and existing investors and analysts. At Nykredit we strive to maintain our valuable relations through transparency and openness. On our website you will find relevant, accurate and reliable information on the Group's two issuing entities – Nykredit Realkredit and Nykredit Bank.
If you wish to arrange a meeting or have any questions, please write to us at investor_relations@nykredit.dk
If you need to contact Nykredit regarding our banking services for private customers please call +45 70 10 90 00
Nykredit ends fossil fuel lending
Nykredit's new Fossil Fuels Policy will put a stop to lending for activities that contribute to fossil fuel production. We are also divesting interests in more than 60 oil, gas and coal companies and excluding 483 companies from our investment universe.
Green Bond Framework 2023
In April 2023, Nykredit updated its Green Bond Framework to further align with the EU Taxonomy. Nykredit has pledged to support the green transition and has committed to achieving net zero greenhouse gas emissions from our lending, investments and own operations by 2050 at the latest. We finance the green transition through mortgage lending and banking operations. Our Green Bond Framework defines the loans and investments eligible to be funded by the proceeds from green bonds issued by Nykredit.
The Green Bond Framework 2023 includes a range of new use of proceeds categories and is widely aligned with the Technical Screening Criteria of the EU Taxonomy. Sustainalytics is of the opinion that the Green Bond Framework 2023 is credible and impactful and aligns with ICMA’s Green Bond Principles 2021.
The publication of the Green Bond Framework 2023 implies changed criteria for green financing. Consequences for loans funded by the existing green covered bonds under the Green Bond Framework 2020 are outlined in the Green Bond Investor Presentation.
Financial results Q1-Q3 2024
8,958 Net profit (DKKm)
12.0% Return on equity after tax
"Today, we present Nykredit's strongest financial results ever recorded for the first nine months of a year. At the same time, we raise our full-year guidance to a profit after tax of DKK 11.00-11.75 billion. This means that we expect profit for 2024 to exceed profit for 2023, which was Nykredit's best year so far.
Our good performance is chiefly driven by continued growth and increasing market shares across the board. Over the year, Nykredit Bank has grown its lending volumes to personal and business customers alike, and the Group has increased its mortgage lending to homeowners and business customers. Furthermore, Wealth Management's assets under management have increased. Our performance also reflects the sound financial health of our customers, leading to a reversal of impairment charges for the period. Moreover, we have managed to maintain a relatively steady cost/income ratio."
Michael Rasmussen
Group Chief Executive
The Nykredit Group
Nykredit is a financial mutual, governed by our customers, founded by our customers and operating for our customers.
The Group is the leading mortgage lender to Danish homeowners, businesses and agriculture. The mortgages are offered though a diversified, multi-channel distributions approach built around a group of partner banks and direct own distribution channels.
Nykredit Markets offers capital markets services with a focus on fixed income products, debt capital markets and other services to domestic and international customers
Responsibility
As Denmark's largest credit provider with contact to more than 1 million customers, our financial strength is of great significance to Denmark. That in itself involves social responsibility, which we take seriously.
Read the latest company announcements from Nykredit
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Fixing of coupon rates - Nykredit Realkredit A/S
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Prepayments (CK93) - Nykredit Realkredit A/S
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XML Prepayments (CK93) / Ekstraordinære indfrielser (CK93) - Nykredit Realkredit A/S
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pdf ikon11. December 2024
Nykredit Realkredit A/S – New final terms for Euro Medium Term Note Programme
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pdf ikon10. December 2024
Publication of recommended voluntary public tender offer for Spar Nord Bank A/S - Nykredit Realkredit A/S
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pdf ikon09. December 2024
Prepayments (CK93) - Nykredit Realkredit A/S
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pdf ikon09. December 2024
XML Prepayments (CK93) / Ekstraordinære indfrielser (CK93) - Nykredit Realkredit A/S
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January 2017
February 2017
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Annual Reports of the Nykredit Realkredit Group 2016Add to calendarCopenhagenView more 7 February 2017
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Conference call – Annual report 2016Add to calendarCopenhagenView more 7 February 2017
March 2017
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General Meeting of Nykredit Bank A/SAdd to calendarKalvebod Brygge 1-3, DK-1780 Copenhagen VView more 15 March 2017
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General Meeting of Totalkredit A/SAdd to calendarKalvebod Brygge 1-3, DK-1780 Copenhagen VView more 15 March 2017
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General Meeting of Nykredit Realkredit A/SAdd to calendarKalvebod Brygge 1-3, DK-1780 Copenhagen VView more 16 March 2017
April 2017
May 2017
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Q1 Interim Reports of the Nykredit Realkredit GroupAdd to calendarCopenhagenView more 9 May 2017
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Conference call - Q1 Interim reportAdd to calendarCopenhagenView more 9 May 2017
June 2017
July 2017
August 2017
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H1 Interim Reports of the Nykredit Realkredit GroupAdd to calendarCopenhagenView more 17 August 2017
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Conference call - H1 Interim ReportAdd to calendarCopenhagenView more 17 August 2017
September 2017
October 2017
November 2017
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Q3 Interim Reports of the Nykredit GroupAdd to calendarCopenhagenView more 7 November 2017
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Conference call - Q3 Interim ReportAdd to calendarCopenhagenView more 7 November 2017
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Committee of Representatives in Forenet Kredit vote on purchases offerAdd to calendarNykredit HQKalvebod Brygge 1-3, 1780 København VView more 23 November 2017
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HSBC speed dating eventAdd to calendarLondonView more 30 November 2017
December 2017
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AFME/vdp Covered Bond Market ConferenceAdd to calendarBerlinView more 1 December 2017
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Goldman Sachs Annual Yankee FIG ConferenceAdd to calendarNew YorkView more 6 December 2017
January 2018
February 2018
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Annual Reports of the Nykredit Group 2017Add to calendarCopenhagenView more 8 February 2018
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Conference call – Annual report 2017Add to calendarCopenhagenView more 8 February 2018
March 2018
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General Meeting of Totalkredit A/S and Nykredit Bank A/SAdd to calendarCopenhagenView more 21 March 2018
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General Meeting of Nykredit Realkredit A/SAdd to calendarCopenhagenView more 22 March 2018
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General Meeting of Nykredit A/SAdd to calendarCopenhagenView more 22 March 2018
April 2018
May 2018
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Q1 Interim Reports of the Nykredit GroupAdd to calendarCopenhagenView more 9 May 2018
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No conference callAdd to calendarThere will be no conference call regarding the Q1 Interim ReportView more 9 May 2018
June 2018
July 2018
August 2018
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H1 Interim Reports of the Nykredit GroupAdd to calendarCopenhagenView more 23 August 2018
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Conference call - H1 Interim ReportAdd to calendarCopenhagenView more 23 August 2018
September 2018
October 2018
November 2018
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Q3 Interim Reports of the Nykredit GroupAdd to calendarCopenhagenView more 8 November 2018
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Nykredit Capital Markets DayAdd to calendarKalvebod Brygge 1-3DK-1780 Copenhagen VView more 14 November 2018
December 2018
January 2019
February 2019
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Annual Reports of the Nykredit Group 2018Add to calendarCopenhagenView more 5 February 2019
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Earnings call - Annual reportAdd to calendarCopenhagenView more 5 February 2019
March 2019
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General Meeting of Totalkredit A/S and Nykredit Bank A/SAdd to calendarCopenhagenView more 20 March 2019
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General Meeting of Totalkredit A/SAdd to calendarCopenhagenView more 20 March 2019
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General Meeting of Nykredit Realkredit A/SAdd to calendarCopenhagenView more 21 March 2019
April 2019
May 2019
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Q1 Interim Reports of the Nykredit GroupAdd to calendarCopenhagenView more 7 May 2019
June 2019
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H1 Interim Reports of the Nykredit GroupAdd to calendarCopenhagenView more 20 August 2019
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Earnings call - H1 Interim ReportAdd to calendarCopenhagenView more 20 August 2019
September 2019
October 2019
November 2019
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Q3 Interim Reports of the Nykredit GroupAdd to calendarCopenhagenView more 5 November 2019
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Capital Markets DayAdd to calendarKalvebod Brygge 1-3, 1560 KøbenhavnThe event is by invitation onlyView more 27 November 2019
December 2019
January 2020
February 2020
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Annual Reports of the Nykredit Group 2019Add to calendarCopenhagenView more 5 February 2020
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Earnings Call - Annual ReportAdd to calendarCopenhagenView more 5 February 2020
March 2020
April 2020
May 2020
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Q1 Interim Reports of the Nykredit GroupAdd to calendarCopenhagenView more 7 May 2020
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Earnings Call - Q1 Interim ReportAdd to calendarCopenhagenView more 7 May 2020
June 2020
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August 2020
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H1 Interim Reports of the Nykredit GroupAdd to calendarCopenhagenView more 20 August 2020
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Earnings Call - H1 Interim ReportAdd to calendarCopenhagenView more 20 August 2020
September 2020
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November 2020
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Q3 Interim Reports of the Nykredit GroupAdd to calendarCopenhagenView more 4 November 2020
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Earnings call -Q3 Interim ReportAdd to calendarCopenhagen14:30 CETView more 4 November 2020
December 2020
January 2021
February 2021
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Annual Reports of the Nykredit Group 2020Add to calendarCopenhagenView more 11 February 2021
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Earnings Call - Annual ReportAdd to calendarCopenhagenView more 11 February 2021
March 2021
April 2021
May 2021
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Q1 Interim Reports of the Nykredit GroupAdd to calendarCopenhagenView more 6 May 2021
June 2021
July 2021
August 2021
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H1 Interim Reports of the Nykredit GroupAdd to calendarCopenhagenView more 19 August 2021
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Earnings Call - H1Add to calendarCopenhagenView more 19 August 2021
September 2021
October 2021
November 2021
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Q3 Interim Reports of the Nykredit GroupAdd to calendarCopenhagenView more 4 November 2021
December 2021
January 2022
February 2022
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Annual Reports of the Nykredit Group 2021Add to calendarCopenhagenView more 9 February 2022
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Earnings Call - Annual ReportAdd to calendarCopenhagenView more 9 February 2022
March 2022
April 2022
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Q1 Interim Reports of the Nykredit GroupAdd to calendarCopenhagenView more 5 May 2022
June 2022
July 2022
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H1 Interim Reports of the Nykredit GroupAdd to calendarCopenhagenView more 17 August 2022
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Earnings Call - H1Add to calendarCopenhagenView more 17 August 2022
September 2022
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Capital Markets DayAdd to calendarKalvebod Brygge 1-3, 1780 Copenhagen VThe event is by invitation only.View more 29 September 2022
October 2022
November 2022
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Q3 Interim Reports of the Nykredit GroupAdd to calendarCopenhagenView more 3 November 2022
December 2022
January 2023
February 2023
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Annual Reports of the Nykredit Group 2022Add to calendarCopenhagenView more 8 February 2023
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Earnings call - Annual ReportAdd to calendarCopenhagenView more 8 February 2023
March 2023
April 2023
May 2023
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Q1 Interim Reports of the Nykredit GroupAdd to calendarCopenhagenView more 12 May 2023
June 2023
July 2023
August 2023
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H1 Interim Reports of the Nykredit GroupAdd to calendarCopenhagenView more 16 August 2023
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Earnings call - H1 (13:30 CET)Add to calendarCopenhagenView more 16 August 2023
September 2023
October 2023
November 2023
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Q3 Interim Reports of the Nykredit GroupAdd to calendarCopenhagenView more 9 November 2023
December 2023
January 2024
February 2024
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Earnings call - Annual Report 2023 (14:30 CET)Add to calendarOnlineView more 7 February 2024
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Annual Reports of the Nykredit Group 2023Add to calendarCopenhagenView more 7 February 2024
March 2024
April 2024
May 2024
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Q1 Interim Reports of the Nykredit Group 2024Add to calendarCopenhagenView more 8 May 2024
June 2024
July 2024
August 2024
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Earnings call - H1 2024 (14:30 CET)Add to calendarOnlineView more 14 August 2024
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H1 Interim Reports of the Nykredit Group 2024Add to calendarCopenhagenView more 14 August 2024
September 2024
October 2024
November 2024
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Q3 Interim Reports of the Nykredit Group 2024Add to calendarCopenhagenView more 7 November 2024
December 2024
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Investor call Nykredit/Spar NordAdd to calendarOnlineView more 10 December 2024
January 2025
February 2025
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Annual Reports of the Nykredit Group 2024Add to calendarCopenhagenView more 5 February 2025
March 2025
April 2025
May 2025
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Q1 Interim Reports of the Nykredit Group 2025Add to calendarCopenhagenView more 8 May 2025
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H1 Interim Reports of the Nykredit Group 2025Add to calendarCopenhagenView more 13 August 2025
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Q3 Interim Reports 2025Add to calendarCopenhagenView more 6 November 2025
December 2025
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Contact info for private customers
If you need to contact Nykredit regarding our banking services for private customers please call +45 70 10 90 00 or send a mail to kundeservice@nykredit.dk