Nykredit reported a highly satisfactory first-half 2026 profit after tax of DKK 5.9 billion and raised its full-year 2026 guidance to DKK 11.0-11.75 billion. The group said the upgrade reflected continued business and customer growth, higher lending and rising market shares across its core operations. Totalkredit posted its best-ever first-half result, and group assets under management reached a record DKK 625 billion. Nykredit said the merger with Spar Nord progressed smoothly, with synergies now being realized ahead of the initial plan. Net interest and fee income rose to DKK 9,726 million from DKK 7,874 million a year earlier, bank lending increased to DKK 183.8 billion from DKK 177.2 billion, and wealth management income climbed to DKK 1,825 million from DKK 1,399 million. The group reported a cost/income ratio of 40.1% excluding one-off Spar Nord effects, a return of 10.1% in H1 2026 and a Common Equity Tier 1 capital ratio of 17.0%, and said its financial targets of a cost/income ratio below 40% and an annual return after tax of 10% on shareholders' equity still apply from 2027 after completion of the Spar Nord Bank integration.