Danske Bank A/S shares rose to a record high after the lender reported income from lending that topped estimates and proposed both an extraordinary dividend as well as more share buybacks.
Denmark’s largest lender posted net interest income of 9.45 billion kroner ($1.5 billion) for the fourth quarter, according to a statementBloomberg Terminal Thursday, compared with analyst estimates of 9.17 billion kroner. The development was largely underpinned by increased lending activity.