Ringkjobing Landbobank

RILBA

Equity

ISIN DK0060854669 / Valor 36852418

Nasdaq Copenhagen Equities (2025-11-21)

DKK 1,412.00+0.21%

Ringkjobing Landbobank
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About company

Ringkjøbing Landbobank A/S, established in 1886, is a Danish financial institution with a focus on credit line management and cost control. As of the end of 2023, the bank reported a balance sheet total of 73.5 billion DKK, a Tier 1 capital ratio of 18.9%, and a total capital ratio of 23.0%. The shareholders' equity stood at 10.4 billion DKK, with profits before tax reaching 2,837 million DKK and after-tax profits of 2,155 million DKK for the year. The bank's core earnings were reported at 2,864 million DKK, with a cost rate of 25.2%. Ringkjøbing Landbobank has a broad shareholder base, comprising 49,809 registered shareholders as of December 31, 2023. Among its major shareholders, Nordflint Capital Partners Fondsmæglerselskab A/S has been identified as holding more than 5% of the voting rights. The bank operates under the supervision of the Danish Financial Supervisory Authority and is headquartered in Ringkøbing, Denmark.

Summarized from source with an LLMView SourceSector: Finance

Net Profit

Ringkjøbing Landbobank achieved a net profit of DKK 616 million in Q1 2024, reflecting a robust 24% return on equity annually.

Earnings Per Share

Earnings per share, measured on net profit, increased by 40%, underscoring the bank's enhanced profitability.

Core Income

The bank's core income rose by 22% to DKK 1,040 million in the first quarter, showcasing solid growth in financial performance.

Cost Management

Operating costs grew by 8%, but the cost/income ratio improved to 23.7%, indicating efficient cost management relative to income.

Credit Quality

Credit quality remains high with impairment charges reduced to DKK 0 million, a testament to the bank's strong loan portfolio management.

Customer Growth

Customer numbers increased significantly, with loans growing by 5%, deposits by 8%, and custody account holdings by 15%, highlighting strong market demand and customer trust.

Brand Recognition

Ringkjøbing Landbobank's brands were once again ranked at the top in Voxmeter’s image survey, reinforcing the bank's positive reputation in the market.