RILB
Live News • May 08
Ringkjøbing Landbobank Posts Q1 Profit and Unveils New DKK 400 Million Share Buyback Ringkjøbing Landbobank reported Q1 2026 core earnings of DKK 798 million and net profit of DKK 585 million, corresponding to a 22% annual return on tangible equity.
The bank completed its initial DKK 500 million share buyback program, which ran from 2 February to 5 May 2026, and plans to propose cancellation of the repurchased shares at the 2027 AGM.
A new share buyback of up to DKK 400 million, capped at 500,000 shares, has been launched for the period 6 May to 7 August 2026, with Danske Bank acting as independent lead manager.
For you as an investor, the combination of solid Q1 earnings and a 22% return on tangible equity highlights how management is currently using the bank’s capital base. The sequential buyback programs indicate that capital is being returned to shareholders in a structured way, while the planned cancellation of the acquired shares at the 2027 AGM would reduce the share count if approved.
The appointment of Danske Bank to run the new DKK 400 million buyback independently is designed to keep purchases within regulatory limits and provide transparency around execution. When assessing Ringkjøbing Landbobank, you may want to weigh the size and duration of these buybacks against the bank’s earnings, capital position and your own view of where its core business sits in your portfolio. Announcement • Apr 30
Ringkjøbing Landbobank A/S (CPSE:RILBA) announces an Equity Buyback for DKK 400 million worth of its shares. Ringkjøbing Landbobank A/S (CPSE:RILBA) announces a share repurchase program. Under the program, the company will repurchase up to DKK 400 million worth of its shares. Reported Earnings • Apr 30
First quarter 2026 earnings: Revenues in line with analyst expectations First quarter 2026 results: Revenue: kr.1.05b (down 2.4% from 1Q 2025). Net income: kr.585.3m (down 4.9% from 1Q 2025). Profit margin: 56% (down from 57% in 1Q 2025). Revenue was in line with analyst estimates. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.