Danske Bank Raises Profitability Target, Unveils Payout

Danske Bank A/S, the largest lender in Denmark, lifted its profitability target after saying it’s on track to meet the goals for this year.

The Copenhagen-based bank now targets return on equity of more than 14.5% for 2028, up from the more than 13% it’s aiming for this year, according to a statement on Thursday. It’s also raising the ambition level on expenses, targeting a cost-to-income ratio no greater than 43%, down from about 45%.