DNB Bank ASA
DNB
ISIN NO0010161896 / Valor 57894877
DNB Bank ASA
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About company
DNB Bank ASA is a leading financial institution in Norway, offering a wide range of banking and financial services to individuals, businesses, and institutional clients. As a subsidiary of DNB Bank ASA, DNB Boligkreditt AS specializes in providing mortgage financing solutions to customers in the Norwegian market. With a strong reputation for stability and reliability, DNB Bank ASA is committed to delivering innovative and customer-focused financial solutions to meet the diverse needs of its clients.
Summarized from source with an LLMView SourceSector: FinanceLatest Results (17.12.2024):
Net Interest Income
DNB Bank ASA reported an increase in net interest income for the third quarter of 2024, reaching NOK 1,324 million compared to NOK 1,242 million in the same quarter of 2023. This growth is attributed to wider lending spreads, which have positively impacted the bank's interest earnings.
Profit for the Period
The profit for DNB Bank ASA in the third quarter of 2024 was NOK 2,011 million, showing a significant improvement from NOK 1,795 million in the third quarter of 2023. This increase in profit reflects the bank's effective cost management and improved income streams.
Total Assets
As of September 30, 2024, DNB Bank ASA's total assets stood at NOK 821,237 million, marking an increase from NOK 756,643 million at the end of December 2023. This growth in assets is indicative of the bank's expanding operations and successful asset management strategies.
Return on Equity
DNB Bank ASA achieved an annualised return on equity of 9.1% in the third quarter of 2024, up from 8.1% in the same period of the previous year. This improvement highlights the bank's enhanced profitability and efficient use of shareholder equity.
Common Equity Tier 1 Capital Ratio
The Common Equity Tier 1 (CET1) capital ratio for DNB Bank ASA at the end of the third quarter of 2024 was 18.8%, consistent with the ratio at the end of 2023. This stable capital ratio demonstrates the bank's strong capital position and its ability to meet regulatory requirements.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
29421 M
Market cap (USD)
761,108
Daily traded volume (Shares)
226.4 / 224.4
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
Est EPS (USD)
Ratings & reviews
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