By Ian Walker
Jyske Bank has raised its full-year net profit forecast following continued solid credit quality and a favorable development within the capital markets area.
The Danish financial services company said Thursday that net profit for the year is now expected to be between 5.4 billion Danish Kronor to DKK5.7 billion ($787.6 million to $831.4 million), corresponding to DKK82 to DKK87 a share.
It had previously forecast net profit to be at the upper end of a DKK4.7 billion to DKK5.3 billion range, or EPS of DKK70-DKK80.
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