Danske Bank reports Q1 net profit of DKK 5.6bn, in line with expectations, with growth in home loans in Northern Ireland.

Denmark's largest lender, Danske Bank, reported first-quarter net profit in line with expectations, at 5.6bn Danish kroner ($850m). The bank maintained its full-year guidance despite economic uncertainty. Net interest income increased 14% year-on-year to 9.14bn kroner, driven by higher interest rates. Danske saw "resilient demand" for home loans in Northern Ireland, where its mortgage business grew by 5%.