Finance

Danske Bank Hits Record After It Raises Profit Outlook

A Danske Bank bank branch in Aalborg, Denmark.

Photographer: Cathrine Ertmann/Bloomberg

Danske Bank A/S shares rose to the highest level ever after the lender improved its full-year profit guidance.

The largest lender in Denmark now expects net income to be at the upper end of its previous full-year guidance range of 21 billion kroner to 23 billion kroner.