0G19 Skjern Bank A/s

Nasdaq OMX Copenhagen A/S                             Skjern 10 February 2022Nikolaj Plads 61007 København K

Annoncement 2/2022

•  Profits before tax of DKK 204,5 million

•  Equity yielded interest of 17.9 % before tax

•  Core earnings amounted to DKK 175,6 million

•  Net interest and fee income increased by 9,6 % to DKK 381 million                                                                                    •  Impairment DKK -15,2 million, corresponding to -0.2 % of loans and guarantees

•  Loans increased 11.7 % amounted to DKK 4,720 million and deposits amounted to DKK 7,028 million

•  Satisfactory capital ratio of 22.2 % and individual solvency requirements of 9.8 %

•  Dividend of DKK 3 per share, corresponding to 17.7 % of the net profit for the year

•  Profit before tax in 2022 is expected to be in the range of DKK 175 – 205 million

Kind regardsSkjern Bank

Hans Ladekjær Jeppesen                   Per MunckChairman of the Board                      Director

Questions should be directed to Director Per Munck by phone at 21 73 30 04.

Attachment

• SKJEUK-2021-12-31

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