Danske Bank announces profit before tax of £218.2 million for 2024
7th Feb 2025
Danske Bank has announced its financial results for the full year 2024, reporting a profit before tax of £218.2 million.
CEO Vicky Davies said:
“I am pleased to announce a strong financial performance for 2024. Moving into 2025 in a robust financial position means we are a bank that remains well positioned to support customers when they need us. We continue to focus on helping local businesses with their growth ambitions, enabling local people to realise their homebuying aspirations and on playing a key role in supporting the NI economy.
“Last year we supported the local business community with around £750 million in business lending approvals. We welcomed over 1,500 new small business customers and lending approvals for small businesses were up 14% year-on-year.
“We have an ambition to become the clear leading provider of mortgages in NI, and in 2024 we delivered a record £730 million in local mortgage lending approvals – an increase of around 35% year-on-year.
“We also opened over 16,000 new personal current accounts, an increase of around 60% year-on-year.
“We look forward to the year ahead with optimism and with a continued determination to support our customers, wider society and the economy.”
You can read the full press release here: Financial Results 12 months to end December 2024
