BankNordik raised earnings guidance for the year 2020. Due to continued positive developments, BankNordik is raising guidance for the net profit for 2020 from DKK 140 million - DKK 160 million to DKK 160 million - DKK 170 million. The raised guidance is mainly driven by financial market developments, which have had a positive impact on the Bank’s investment portfolio. In addition, impairments were lower than expected at the end of third quarter of 2020.