CPSE:SYDBBanks
Why Is Sydbank's (CPSE:SYDB) Share Buyback Paired With Lower Earnings Guidance for 2025?
Sydbank announced results for the half year ended June 30, 2025, reporting net interest income of DKK 1,930 million and net income of DKK 1,207 million, both lower than the previous year, while also completing a share buyback program totaling 1,138,104 shares for DKK 490 million.
The bank also issued new profit after tax guidance for 2025, forecasting annual earnings between DKK 2,200 million and DKK 2,600 million, giving investors a fresh outlook for the year.
With these updates, we'll...