Ringkjøbing Landbobank Aktieselskab announced audited earnings results for the year ended December 31, 2015. For the year, the company reported profit before tax to DKK 588 million against DKK 587 million a year ago. Core earnings amounting to DKK 588 million against DKK 522 million a year ago. Core earnings before impairments were DKK 648 million against DKK 609 million a year ago. Total core income was DKK 954 million against DKK 907 million a year ago. Profit after tax was DKK 459 million against DKK 446 million a year ago. Return on equity before tax, beginning of year was 19.8% against 21.1% a year ago. Return on equity after tax, beginning of year was 15.4% against 16% a year ago. Book value per share was DKK 14,428 as on December 31, 2015 against DKK 13,280 as on December 31, 2014. Result for the year after tax per share was DKK 1,941.4 against DKK 1,853.9 a year ago. Net income from interest and fees was DKK 918.229 million against DKK 885.949 million a year ago.

For the year 2016, the company expects core earnings of DKK 475 - 575 million.