Danske Net Interest Income Tops Estimates on Loan Demand

Danske Bank A/S, the largest lender in Denmark, reported better-than-expected lending income in the second quarter as brisker demand for loans offset the impact of lower deposit margins.

Despite market and geopolitical volatility, net interest income held steady from the prior quarter at 9.06 billion kroner ($1.4 billion), the lender said in a statement Friday. Analysts had estimated 8.93 billion kroner. Weighing on the metric was also the sale of the personal customer business in Norway.