Denmark’s Danske Bank reported profit that beat analyst estimates last quarter as Denmark’s biggest bank was able to navigate through negative interest rates and volatile markets. Net income slipped 1% to 4.78 billion kroner ($730 million) in the three months ended March 31, beating the 4.52 billion-krone estimate of analysts surveyed by Bloomberg. Net interest income was little changed while total revenue slipped 9%, Danske said on Friday. “Despite challenging financial markets and negative short-term interest rates, we had a satisfactory start to the year,” Chief Executive Officer Thomas Borgen said in a statement.
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