Danske Bank UK financial Results Q3 2025

Vicky Davies, CEO of Danske Bank UK, commented:

“I am pleased to report a profit before tax of £174.9 million for the first nine months of 2025, driven by growth in Northern Ireland and across the rest of the UK. Both customer lending and deposits have grown by 9% year-on-year. Costs have risen due to ongoing investment in technology and wider customer propositions, as well as inflationary pressures.

“At the end of quarter three, Danske Bank has supported Northern Ireland businesses with over £700 million in lending approvals. We welcomed more than 1,300 new small business customers over this period, with many benefiting from our offer of two years’ fee-free banking for new-to-bank small businesses opening a small business digital account. Small business lending approvals are up around 10% year-on-year.

“We have continued to build on our strong reputation for financing housing associations both locally and in Great Britain. In September we announced a £35 million credit facility to help Apex Housing Association develop modern, energy efficient homes across Northern Ireland.

“Residential mortgage lending has remained resilient, supported by a sustained local demand for housing, a decreasing interest rate environment and low unemployment levels. We approved around £580 million in mortgage lending across Northern Ireland in the first nine months of 2025, up over 3% year-on-year.

“Our 24 branches across Northern Ireland are a key differentiator in the marketplace and this physical presence is complemented by our local contact centre, local mortgage advisors, large team of business relationship managers and by being available for customers in-person at five banking hubs. As part of our branch investment programme, we are currently relocating branches in Lisburn, Coleraine and Ballymoney to new, more fit for purpose high street premises nearby.  

“We continue to enhance our digital services and have seen a 33% rise in customer logins to our mobile banking app since 2022. In total, we now record around 100 million logins across our digital channels each year.

“Looking ahead, Danske Bank will continue to be a key enabler of economic growth across Northern Ireland, with a clear purpose centred around helping customers, colleagues and society to thrive.”