View ValuationDNB Bank 将来の成長Future 基準チェック /06DNB Bankの収益は年間0.9%で減少すると予測されていますが、年間収益は年間3%で増加すると予測されています。EPS は年間 増加すると予測されています。自己資本利益率は 3 年後に14% 0.8%なると予測されています。主要情報-0.9%収益成長率0.77%EPS成長率Banks 収益成長8.2%収益成長率3.0%将来の株主資本利益率13.99%アナリストカバレッジGood最終更新日26 May 2026今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesお知らせ • Apr 25DNB Bank ASA Announces Dividend, Payable on or Around 30 April 2026The shares in DNB Bank ASA will be quoted ex-dividend on 22 April 2026. A dividend of NOK 18.00 per share will be distributed to the company's shareholders as of 21 April 2026, for payment on or around 30 April 2026.お知らせ • Apr 24DNB Bank ASA Announces Board Elections, Effective 1 May 2026DNB Bank ASA at its annual general meeting was held on 21 April 2026. The Annual General Meeting elected Eimund Nygaard as new Chair and Lars Røsæg as board member. Both were elected as of 1 May 2026 for a period of up to two years, until 2028. The Board of Directors of DNB Bank ASA will have the following composition: Eimund Nygaard (Chair) 2028; Jens Petter Olsen (Vice Chair) 2027; Gro Bakstad 2027; Petter-Børre Furberg 2027; Berit Behring 2027; Vivian Lund 2027; Lars Røsæg 2028; Lillian Hattrem (employee representative) 2028; Eli Solhaug (employee representative) 2028; Haakon Christopher Sandven (employee representative) 2028; Sigmund H. Våpenstad (deputy employee representative) 2028; Ann-Mari Sæterlid (deputy employee representative) 2028; Geir Jarle Næss (deputy employee representative) 2028.お知らせ • Feb 27Dnb Bank Asa Announces Resignation of Olaug Svarva as ChairDNB Bank ASA announced that current Chair of the Board, Olaug Svarva, will step down as Chair at the Annual General Meeting in April, after eight years in the position.お知らせ • Feb 17DNB Bank ASA, Annual General Meeting, Apr 27, 2027DNB Bank ASA, Annual General Meeting, Apr 27, 2027.お知らせ • Feb 16+ 4 more updatesDNB Bank ASA to Report First Half, 2027 Results on Jul 13, 2027DNB Bank ASA announced that they will report first half, 2027 results on Jul 13, 2027お知らせ • Feb 05DNB Bank ASA Proposes Cash Dividend for the Accounting Year of 2025, Payable from 30 April 2026The Board of Directors of DNB Bank ASA planed to propose to distribute a cash dividend of NOK 18 per share for the accounting year of 2025. The formal decision regarding the dividend will be made on the company's Annual General Meeting, which will be held on 21 April 2026. Last day including right: 21 April 2026; Ex-date: 22 April 2026; Record date (shareholder registration date): 23 April 2026; Payment date: from 30 April 2026.お知らせ • Dec 10Havila Shipping ASA Provides Update to the Case Upheld in Oslo District CourtHavila Shipping ASA announced that Reference is made to stock exchange announcements on January 21, 2025, and March 24, 2025, where the company reported filing a lawsuit against DnB Bank ASA, Danske Bank AS NUF, and Swedbank AB (publ). Oslo District Court on December 8, 2025 . delivered a judgment on the case. Havila Shipping does not agree with the judgment, and the district court's ruling is not a final decision in the matter. Havila has decided to appeal the judgment within the appeal deadline in January 2026.お知らせ • Aug 12+ 1 more updateDNB Bank ASA Announces Executive ChangesDNB Bank ASA announced that Rasmus Figenschou is coming from the role of Group Executive Vice President of Corporate Banking Norway. He will be replaced by Marianne Wik Sætre, who is currently DNB's senior executive in Bergen. The new Group Executive Vice President of Corporate Banking Norway, Marianne Wik Sætre, is coming from the role of Executive Vice President in the personal customer area, with responsibility for the regions in Norway. At the same time, she has served as the bank's senior executive in Bergen, where DNB has over 2 500 employees from different areas. Marianne was previously head of Corporate Banking's Western Norway region for DNB. She will take up the position on 18 August.お知らせ • Apr 30+ 1 more updateDNB Bank ASA Announces Board and Members of the Election Committee AppointmentsDNB Bank ASA at its AGM held on April 29, 2025 elected Berit Behring and Vivian Lund as new board members, all with a term of office of up to two years. Furthermore, the Board of Directors will have the following employee-elected members: Geir Jarle Ness (deputy employee representative). The Annual General Meeting endorsed the Election Committee's proposal for election of Toril Nag as a new member, with a term of office of up to one year. The Election Committee of DNB Bank ASA will accordingly have the following members: Camilla Grieg (Chair); Jan Tore Føsund; André Støylen; and Toril Nag.お知らせ • Feb 05DNB Bank ASA Proposes Cash Dividend for the Accounting Year of 2024, Payable from 9 May 2025The Board of Directors of DNB Bank ASA plans to proposed to distribute a cash dividend of NOK 16.75 per share for the accounting year of 2024. The formal decision regarding the dividend will be made on the company's Annual General Meeting, which will be held on 29 April 2025. Ex-date: 30 April 2025 Record date (shareholder registration date): 2 May 2025. Payment date: from 9 May 2025.お知らせ • Feb 04DNB Bank ASA, Annual General Meeting, Apr 21, 2026DNB Bank ASA, Annual General Meeting, Apr 21, 2026.お知らせ • Feb 03+ 4 more updatesDNB Bank ASA to Report Fiscal Year 2025 Results on Mar 11, 2026DNB Bank ASA announced that they will report fiscal year 2025 results on Mar 11, 2026Reported Earnings • Oct 22Third quarter 2024 earnings released: EPS: kr7.86 (vs kr6.39 in 3Q 2023)Third quarter 2024 results: EPS: kr7.86 (up from kr6.39 in 3Q 2023). Revenue: kr22.7b (up 13% from 3Q 2023). Net income: kr11.7b (up 19% from 3Q 2023). Profit margin: 52% (up from 49% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is expected to decline by 1.3% p.a. on average during the next 3 years, while revenues in the Banks industry in Europe are expected to grow by 2.9%. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.お知らせ • Oct 22DNB Bank ASA (OB:DNB) agreed to acquire Carnegie Holding AB from Altor Cib Holding S.A.R.L and others for SEk12 billion.DNB Bank ASA (OB:DNB) agreed to acquire Carnegie Holding AB from Altor Cib Holding S.A.R.L and others for SEk12 billion on October 21, 2024. A cash consideration of SEK 12 billion will be paid by DNB Bank ASA. As part of consideration, SEK 12 billion is paid towards common equity of Carnegie Holding AB. To reflect the strategic importance of the Transaction, DNB Markets will be globally renamed DNB Carnegie, with both companies' strong reputations and cultures continuing under the unified brand. Through the transaction, Carnegie Holding AB will change its name to DNB Carnegie Holding AB. This new unit will lead the operations of DNB Markets and Carnegie Investment Bank's combined operations in investment banking, analysis, stockbroking, wealth and capital management in Sweden, Denmark and Finland, under the leadership of Tony Elofsson as CEO. The Transaction is expected to close in the first half of 2025, and closing conditions include regulatory approvals from authorities in applicable jurisdictions. Until regulatory approvals are obtained and closing of the Transaction occurs, the businesses will continue to operate independently. Following the transaction, DNB Markets is to be renamed DNB Carnegie, the bank announced. DNB Markets and Morgan Stanley & Co. International plc acted as financial advisors and Mannheimer Swartling acted as legal advisor to DNB. Carnegie Investment Bank, Goldman Sachs and Lenner & Partners have been financial advisors and Gernandt & Danielsson have been legal advisors to the selling parties.お知らせ • Jul 31DNB Bank ASA Announces Resignation of Stine Bosse as a Member of the Board of DirectorsDNB Bank ASA announced that following the election of Stine Bosse as a Member of the European Parliament in June 2024, Bosse has informed that she wants to resign from her role as a member of the Board of Directors of DNB Bank ASA and focus on her role as MEP. Bosse was elected as a board member at the annual general meeting in April 2023, for a period of two years. Bosse resigns from her position with immediate effect. Chair of DNB, Olaug Svarva, thanks Bosse for her important contribution to the Board's work.Reported Earnings • Jul 12Second quarter 2024 earnings released: EPS: kr6.85 (vs kr5.92 in 2Q 2023)Second quarter 2024 results: EPS: kr6.85 (up from kr5.92 in 2Q 2023). Revenue: kr21.0b (up 8.6% from 2Q 2023). Net income: kr10.8b (up 18% from 2Q 2023). Profit margin: 51% (up from 47% in 2Q 2023). Revenue is forecast to stay flat during the next 3 years compared to a 3.2% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Board Change • May 22High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Employee Representative Director Eli Solhaug was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • May 07DNB Bank Asa Announces Changes in Group ManagementDNB Bank ASA announced Changes in DNB's Group Management. The following changes apply from 6 May: Business Banking Norway will be established as a separate business area. Head of the unit, Rasmus Aage Figenschou, will become part of the Group Management team. Maria Ervik Løvold will take over as Group Executive Vice President of Personal Banking. A new support unit will be set up, People & Communication, which will be led by Even Westerveld. Eline Skramstad will take over as Group Executive Vice President of Group Risk Management. The technical merger of Sbanken has now been completed, and the next phase is well underway Ingjerd Blekeli Spiten, Sverre Krog and Anne Sigrun Moen will no longer be members of DNB's Group Management team.Upcoming Dividend • Apr 25Upcoming dividend of kr16.00 per shareEligible shareholders must have bought the stock before 30 April 2024. Payment date: 08 May 2024. Payout ratio is a comfortable 64% and this is well supported by cash flows. Trailing yield: 7.7%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (6.4%).Reported Earnings • Apr 24First quarter 2024 earnings released: EPS: kr6.50 (vs kr6.61 in 1Q 2023)First quarter 2024 results: EPS: kr6.50 (down from kr6.61 in 1Q 2023). Revenue: kr20.1b (down 2.6% from 1Q 2023). Net income: kr9.82b (down 4.0% from 1Q 2023). Profit margin: 49% (in line with 1Q 2023). Revenue is forecast to stay flat during the next 3 years compared to a 3.3% growth forecast for the Banks industry in Europe.Upcoming Dividend • Apr 23Upcoming dividend of kr16.00 per shareEligible shareholders must have bought the stock before 30 April 2024. Payment date: 08 May 2024. Payout ratio is a comfortable 64% but the company is paying out more than the cash it is generating. Trailing yield: 7.6%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (6.5%).Reported Earnings • Mar 16Full year 2023 earnings released: EPS: kr24.93 (vs kr20.85 in FY 2022)Full year 2023 results: EPS: kr24.93 (up from kr20.85 in FY 2022). Revenue: kr79.1b (up 19% from FY 2022). Net income: kr38.3b (up 19% from FY 2022). Profit margin: 49% (in line with FY 2022). Cost-to-income ratio: 35.0% (down from 39.0% in FY 2022). Non-performing loans: 1.31% (down from 1.40% in FY 2022). Revenue is forecast to stay flat during the next 3 years compared to a 3.2% growth forecast for the Banks industry in Europe.お知らせ • Feb 07+ 5 more updatesDNB Bank ASA to Report Fiscal Year 2024 Final Results on Mar 19, 2025DNB Bank ASA announced that they will report fiscal year 2024 final results on Mar 19, 2025Reported Earnings • Feb 03Full year 2023 earnings released: EPS: kr24.92 (vs kr20.47 in FY 2022)Full year 2023 results: EPS: kr24.92 (up from kr20.47 in FY 2022). Revenue: kr79.1b (up 19% from FY 2022). Net income: kr39.6b (up 25% from FY 2022). Profit margin: 50% (up from 48% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 2.6% growth forecast for the Banks industry in Europe.Declared Dividend • Feb 02Dividend of kr16.00 announcedShareholders will receive a dividend of kr16.00. Ex-date: 30th April 2024 Payment date: 8th May 2024 Dividend yield will be 89%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is covered by earnings (50% payout ratio) and is expected to be covered in 3 years' time (71% forecast payout ratio). The dividend has increased by an average of 13% per year over the past 2 years and payments have been stable during that time. EPS is expected to decline by 7.3% over the next 3 years. However, it would need to fall by 44% to increase the payout ratio to a potentially unsustainable range.お知らせ • Jan 31DNB Bank ASA Proposes Cash Dividend for the Year 2023, Payable from 8 May 2024The Board of Directors of DNB Bank ASA proposed to distribute a cash dividend of NOK 16.00 per share for the accounting year of 2023. The formal decision regarding the dividend will be made on the company's Annual General Meeting, which will be held on 29 April 2024. Ex-date: 30 April 2024, Record date (shareholder registration date): 2 May 2024 and Payment date: from 8 May 2024.Buying Opportunity • Dec 22Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 1.8%. The fair value is estimated to be €23.18, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 25%. Revenue is forecast to grow by 4.8% in 2 years. Earnings is forecast to decline by 8.1% in the next 2 years.お知らせ • Nov 25Ferd AS and Tjaldur Holdco II AS entered into an agreement to acquire remaining 28.5% stake in Mintra Holding AS (OB:MNTR) for approximately NOK 220 million.Ferd AS and Tjaldur Holdco II AS entered into an agreement to acquire remaining 28.5% stake in Mintra Holding AS (OB:MNTR) for approximately NOK 220 million on November 23, 2023. The shareholders of Mintra will receive a cash offer of NOK 3.50 per share. Prior to this transaction, Ferd and Tjaldur hold a 71.5% stake in Mintra and upon completion of all remaining shares will hold 100% stake in it. The offeror intends to make a compulsory acquisition of the remaining shares in Mintra following settlement of the offer. The offer is subject to customary conditions, including a minimum acceptance level of 90%, regulatory approvals, Mintra having obtained consents required from creditors under its bank financing agreements and no material adverse change having occurred. The offer will not be conditional on financing or further due diligence. The offer is expected to be completed during Q1 2024. Nordea Bank Abp, filial i Norge is acting as financial advisor to Ferd and Tjaldur in connection with the offer. Wikborg Rein Advokatfirma AS is acting as legal advisor to Ferd and Advokatfirmaet CLP DA is acting as legal advisor to Tjaldur.Reported Earnings • Oct 22Third quarter 2023 earnings released: EPS: kr6.39 (vs kr4.86 in 3Q 2022)Third quarter 2023 results: EPS: kr6.39 (up from kr4.86 in 3Q 2022). Revenue: kr20.0b (up 23% from 3Q 2022). Net income: kr9.81b (up 30% from 3Q 2022). Profit margin: 49% (up from 46% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Banks industry in Europe.Reported Earnings • Jul 14Second quarter 2023 earnings released: EPS: kr5.92 (vs kr4.97 in 2Q 2022)Second quarter 2023 results: EPS: kr5.92 (up from kr4.97 in 2Q 2022). Revenue: kr19.3b (up 17% from 2Q 2022). Net income: kr9.13b (up 19% from 2Q 2022). Profit margin: 47% (in line with 2Q 2022). Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Banks industry in Europe.Buying Opportunity • May 26Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 17%. The fair value is estimated to be €19.45, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 20%. Revenue is forecast to grow by 9.6% in 2 years. Earnings is forecast to decline by 2.4% in the next 2 years.Buying Opportunity • May 10Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 7.1%. The fair value is estimated to be €19.91, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 20%. Revenue is forecast to grow by 9.7% in 2 years. Earnings is forecast to decline by 2.2% in the next 2 years.Reported Earnings • May 03First quarter 2023 earnings released: EPS: kr6.77 (vs kr4.69 in 1Q 2022)First quarter 2023 results: EPS: kr6.77 (up from kr4.69 in 1Q 2022). Revenue: kr20.6b (up 31% from 1Q 2022). Net income: kr10.5b (up 45% from 1Q 2022). Profit margin: 51% (up from 46% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 4.5% growth forecast for the Banks industry in Europe.Recent Insider Transactions • Apr 30Independent Director recently bought €93k worth of stockOn the 27th of April, Jens Olsen bought around 6k shares on-market at roughly €15.47 per share. This transaction increased Jens' direct individual holding by 1x at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.Upcoming Dividend • Apr 19Upcoming dividend of kr12.50 per share at 6.3% yieldEligible shareholders must have bought the stock before 26 April 2023. Payment date: 05 May 2023. Payout ratio is a comfortable 61% but the company is not cash flow positive. Trailing yield: 6.3%. Within top quartile of German dividend payers (4.6%). In line with average of industry peers (6.0%).Board Change • Mar 18High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Employee Representative Director Jannicke Skaanes was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Feb 14Full year 2022 earnings released: EPS: kr20.97 (vs kr15.65 in FY 2021)Full year 2022 results: EPS: kr20.97 (up from kr15.65 in FY 2021). Revenue: kr66.4b (up 17% from FY 2021). Net income: kr32.5b (up 34% from FY 2021). Profit margin: 49% (up from 43% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Banks industry in Europe.お知らせ • Feb 09DNB Bank ASA Proposes Cash Dividend for the Accounting Year of 2022, Payable on 5 May 2023The Board of Directors of DNB Bank ASA plans to propose to distribute a cash dividend of NOK 12.50 per share for the accounting year of 2022. The formal decision regarding the dividend will be made on the company's Annual General Meeting, which will be held on 25 April 2023. Ex-date is 26 April 2023, record date (shareholder registration date) is 27 April 2023 and payment date is from 5 May 2023.Board Change • Nov 21High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Employee Representative Director Jannicke Skaanes was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 26Third quarter 2022 earnings released: EPS: kr4.75 (vs kr4.27 in 3Q 2021)Third quarter 2022 results: EPS: kr4.75 (up from kr4.27 in 3Q 2021). Revenue: kr16.3b (up 12% from 3Q 2021). Net income: kr7.54b (up 14% from 3Q 2021). Profit margin: 46% (in line with 3Q 2021). Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Banks industry in Europe.Buying Opportunity • Aug 27Now 20% undervaluedOver the last 90 days, the stock is up 5.0%. The fair value is estimated to be €24.59, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.0% over the last 3 years. Earnings per share has grown by 3.1%. Revenue is forecast to grow by 17% in 2 years. Earnings is forecast to grow by 13% in the next 2 years.Buying Opportunity • Jul 22Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be €22.66, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.0% over the last 3 years. Earnings per share has grown by 3.1%. Revenue is forecast to grow by 15% in 2 years. Earnings is forecast to grow by 12% in the next 2 years.Reported Earnings • Jul 15Second quarter 2022 earnings released: EPS: kr4.86 (vs kr4.03 in 2Q 2021)Second quarter 2022 results: EPS: kr4.86 (up from kr4.03 in 2Q 2021). Revenue: kr16.5b (up 15% from 2Q 2021). Net income: kr7.53b (up 21% from 2Q 2021). Profit margin: 46% (up from 44% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 8.8%, compared to a 14% growth forecast for the industry in Germany.Buying Opportunity • Jul 01Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 17%. The fair value is estimated to be €21.57, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 15% in 2 years. Earnings is forecast to grow by 12% in the next 2 years.Buying Opportunity • Jun 14Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 9.2%. The fair value is estimated to be €22.50, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 15% in 2 years. Earnings is forecast to grow by 12% in the next 2 years.Board Change • May 08High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Employee Representative Director Jannicke Skaanes was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Buying Opportunity • Apr 30Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 10%. The fair value is estimated to be €23.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 3.5%. For the next 3 years, revenue is forecast to grow by 6.1% per annum. Earnings is also forecast to grow by 6.0% per annum over the same time period.Board Change • Apr 27High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Vice Chair of the Board Svein-Richard Brandtzaeg was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Apr 26+ 4 more updatesDNB Bank ASA to Report Q3, 2023 Results on Oct 19, 2023DNB Bank ASA announced that they will report Q3, 2023 results on Oct 19, 2023Upcoming Dividend • Apr 20Upcoming dividend of kr9.75 per shareEligible shareholders must have bought the stock before 27 April 2022. Payment date: 05 May 2022. Payout ratio is a comfortable 62% and the cash payout ratio is 75%. Trailing yield: 5.0%. Within top quartile of German dividend payers (3.9%). Lower than average of industry peers (6.3%).お知らせ • Apr 07DNB Bank ASA (OB:DNB) completed the acquisition of remaining approximately 8.2% stake in Sbanken ASA (OB : SBANK).DNB Bank ASA (OB:DNB) made an offer to acquire remaining approximately 8.2% stake in Sbanken ASA (OB : SBANK) for approximately NOK 920 million on April 1, 2022. The DNB Bank offered a consideration of NOK 104.45 per Share in the compulsory acquisition for remaining 8,780,686 shares in Sbanken. The acquisition will be completed on or about April 6, 2022. DNB Markets acted as financial advisor and Advokatfirmaet BAHR AS acted as legal advisor to the DNB Bank in connection with the offer. DNB Bank ASA (OB:DNB) completed the acquisition of remaining approximately 8.2% stake in Sbanken ASA (OB : SBANK) on April 6, 2022. DNB has acquired ownership to all the shares in the Company. Settlement of the consideration under the compulsory acquisition will be made no later than on April 20, 2022. As a result of the compulsory acquisition DNB will apply for a de-listing of the Company’s shares from the Oslo Stock Exchange. Separate stock exchange announcements will be made regarding the timing of such de-listing.お知らせ • Apr 06DNB Bank ASA Proposes a Dividend for 2021DNB Bank ASA at its AGM to be held on 26 April 2022, proposed a dividend of NOK 9.75 per share for 2021.Reported Earnings • Feb 16Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: kr15.55 (up from kr11.89 in FY 2020). Revenue: kr56.7b (up 20% from FY 2020). Net income: kr24.3b (up 31% from FY 2020). Profit margin: 43% (up from 39% in FY 2020). The increase in margin was driven by higher revenue. Cost-to-income ratio: 43.0% (up from 41.5% in FY 2020). Non-performing loans: 1.74% (down from 1.88% in FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 7.3%, compared to a 12% growth forecast for the banks industry in Germany.業績と収益の成長予測DB:D1NC - アナリストの将来予測と過去の財務データ ( )NOK Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/202895,06939,448N/AN/A1412/31/202792,85439,051N/AN/A1512/31/202689,97238,420N/AN/A143/31/202687,50540,875-242,672-240,648N/A12/31/202587,87441,86269,92872,590N/A9/30/202586,72642,901-307,123-304,955N/A6/30/202587,57544,310-47,490-44,983N/A3/31/202586,76944,540-220,501-218,039N/A12/31/202485,32643,870-159,121-156,444N/A9/30/202482,83140,955-30,116-27,012N/A6/30/202480,17839,089-9,688-6,287N/A3/31/202478,51737,911248,300251,868N/A12/31/202379,05638,315434,124N/A9/30/202377,84638,889155,077158,536N/A6/30/202374,08836,612132,622136,219N/A3/31/202371,33735,184141,585145,787N/A12/31/202266,38032,3175,4398,952N/A9/30/202262,90828,23639,92944,237N/A6/30/202261,18227,338-61,180-56,564N/A3/31/202258,90825,87657,04861,350N/A12/31/202156,70224,25737,09941,585N/A9/30/202154,37923,397165,088169,941N/A6/30/202152,46922,057138,605142,853N/A3/31/202150,15420,600N/AN/AN/A12/31/202047,24818,49080,73884,573N/A9/30/202048,21419,251-44,603-41,021N/A6/30/202048,83619,75033,85833,867N/A3/31/202050,43120,888N/AN/AN/A12/31/201954,36924,652N/A29,974N/A9/30/201954,65625,843N/A28,399N/A6/30/201953,88225,535N/A-7,355N/A3/31/201953,29625,485N/A22,979N/A12/31/201851,03523,527N/A31,024N/A9/30/201850,56122,919N/A-16,025N/A6/30/201850,89122,834N/A75,613N/A3/31/201850,30921,977N/A-223N/A12/31/201749,45120,866N/A-24,657N/A9/30/201747,44919,849N/A213,418N/A6/30/201744,89218,403N/A189,301N/A3/31/201743,60817,853N/A209,324N/A12/31/201644,72118,652N/A215,372N/A9/30/201645,34120,155N/A17,718N/A6/30/201648,93022,465N/A-46,371N/A3/31/201650,10422,989N/A-119,866N/A12/31/201551,78124,439N/A-43,092N/A9/30/201551,59222,767N/A-97,887N/A6/30/201550,36722,134N/A-19,681N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: D1NCの収益は今後 3 年間で減少すると予測されています (年間-0.9% )。収益対市場: D1NCの収益は今後 3 年間で減少すると予測されています (年間-0.9% )。高成長収益: D1NCの収益は今後 3 年間で減少すると予測されています。収益対市場: D1NCの収益 ( 3% ) German市場 ( 6.7% ) よりも低い成長が予測されています。高い収益成長: D1NCの収益 ( 3% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: D1NCの 自己資本利益率 は、3年後には低くなると予測されています ( 14 %)。成長企業の発掘7D1Y7D1Y7D1YBanks 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/27 08:29終値2026/05/27 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋DNB Bank ASA 15 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。31 アナリスト機関null nullABG Sundal CollierNamita SamtaniBarclaysNamita SamtaniBarclays28 その他のアナリストを表示
お知らせ • Apr 25DNB Bank ASA Announces Dividend, Payable on or Around 30 April 2026The shares in DNB Bank ASA will be quoted ex-dividend on 22 April 2026. A dividend of NOK 18.00 per share will be distributed to the company's shareholders as of 21 April 2026, for payment on or around 30 April 2026.
お知らせ • Apr 24DNB Bank ASA Announces Board Elections, Effective 1 May 2026DNB Bank ASA at its annual general meeting was held on 21 April 2026. The Annual General Meeting elected Eimund Nygaard as new Chair and Lars Røsæg as board member. Both were elected as of 1 May 2026 for a period of up to two years, until 2028. The Board of Directors of DNB Bank ASA will have the following composition: Eimund Nygaard (Chair) 2028; Jens Petter Olsen (Vice Chair) 2027; Gro Bakstad 2027; Petter-Børre Furberg 2027; Berit Behring 2027; Vivian Lund 2027; Lars Røsæg 2028; Lillian Hattrem (employee representative) 2028; Eli Solhaug (employee representative) 2028; Haakon Christopher Sandven (employee representative) 2028; Sigmund H. Våpenstad (deputy employee representative) 2028; Ann-Mari Sæterlid (deputy employee representative) 2028; Geir Jarle Næss (deputy employee representative) 2028.
お知らせ • Feb 27Dnb Bank Asa Announces Resignation of Olaug Svarva as ChairDNB Bank ASA announced that current Chair of the Board, Olaug Svarva, will step down as Chair at the Annual General Meeting in April, after eight years in the position.
お知らせ • Feb 17DNB Bank ASA, Annual General Meeting, Apr 27, 2027DNB Bank ASA, Annual General Meeting, Apr 27, 2027.
お知らせ • Feb 16+ 4 more updatesDNB Bank ASA to Report First Half, 2027 Results on Jul 13, 2027DNB Bank ASA announced that they will report first half, 2027 results on Jul 13, 2027
お知らせ • Feb 05DNB Bank ASA Proposes Cash Dividend for the Accounting Year of 2025, Payable from 30 April 2026The Board of Directors of DNB Bank ASA planed to propose to distribute a cash dividend of NOK 18 per share for the accounting year of 2025. The formal decision regarding the dividend will be made on the company's Annual General Meeting, which will be held on 21 April 2026. Last day including right: 21 April 2026; Ex-date: 22 April 2026; Record date (shareholder registration date): 23 April 2026; Payment date: from 30 April 2026.
お知らせ • Dec 10Havila Shipping ASA Provides Update to the Case Upheld in Oslo District CourtHavila Shipping ASA announced that Reference is made to stock exchange announcements on January 21, 2025, and March 24, 2025, where the company reported filing a lawsuit against DnB Bank ASA, Danske Bank AS NUF, and Swedbank AB (publ). Oslo District Court on December 8, 2025 . delivered a judgment on the case. Havila Shipping does not agree with the judgment, and the district court's ruling is not a final decision in the matter. Havila has decided to appeal the judgment within the appeal deadline in January 2026.
お知らせ • Aug 12+ 1 more updateDNB Bank ASA Announces Executive ChangesDNB Bank ASA announced that Rasmus Figenschou is coming from the role of Group Executive Vice President of Corporate Banking Norway. He will be replaced by Marianne Wik Sætre, who is currently DNB's senior executive in Bergen. The new Group Executive Vice President of Corporate Banking Norway, Marianne Wik Sætre, is coming from the role of Executive Vice President in the personal customer area, with responsibility for the regions in Norway. At the same time, she has served as the bank's senior executive in Bergen, where DNB has over 2 500 employees from different areas. Marianne was previously head of Corporate Banking's Western Norway region for DNB. She will take up the position on 18 August.
お知らせ • Apr 30+ 1 more updateDNB Bank ASA Announces Board and Members of the Election Committee AppointmentsDNB Bank ASA at its AGM held on April 29, 2025 elected Berit Behring and Vivian Lund as new board members, all with a term of office of up to two years. Furthermore, the Board of Directors will have the following employee-elected members: Geir Jarle Ness (deputy employee representative). The Annual General Meeting endorsed the Election Committee's proposal for election of Toril Nag as a new member, with a term of office of up to one year. The Election Committee of DNB Bank ASA will accordingly have the following members: Camilla Grieg (Chair); Jan Tore Føsund; André Støylen; and Toril Nag.
お知らせ • Feb 05DNB Bank ASA Proposes Cash Dividend for the Accounting Year of 2024, Payable from 9 May 2025The Board of Directors of DNB Bank ASA plans to proposed to distribute a cash dividend of NOK 16.75 per share for the accounting year of 2024. The formal decision regarding the dividend will be made on the company's Annual General Meeting, which will be held on 29 April 2025. Ex-date: 30 April 2025 Record date (shareholder registration date): 2 May 2025. Payment date: from 9 May 2025.
お知らせ • Feb 04DNB Bank ASA, Annual General Meeting, Apr 21, 2026DNB Bank ASA, Annual General Meeting, Apr 21, 2026.
お知らせ • Feb 03+ 4 more updatesDNB Bank ASA to Report Fiscal Year 2025 Results on Mar 11, 2026DNB Bank ASA announced that they will report fiscal year 2025 results on Mar 11, 2026
Reported Earnings • Oct 22Third quarter 2024 earnings released: EPS: kr7.86 (vs kr6.39 in 3Q 2023)Third quarter 2024 results: EPS: kr7.86 (up from kr6.39 in 3Q 2023). Revenue: kr22.7b (up 13% from 3Q 2023). Net income: kr11.7b (up 19% from 3Q 2023). Profit margin: 52% (up from 49% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is expected to decline by 1.3% p.a. on average during the next 3 years, while revenues in the Banks industry in Europe are expected to grow by 2.9%. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
お知らせ • Oct 22DNB Bank ASA (OB:DNB) agreed to acquire Carnegie Holding AB from Altor Cib Holding S.A.R.L and others for SEk12 billion.DNB Bank ASA (OB:DNB) agreed to acquire Carnegie Holding AB from Altor Cib Holding S.A.R.L and others for SEk12 billion on October 21, 2024. A cash consideration of SEK 12 billion will be paid by DNB Bank ASA. As part of consideration, SEK 12 billion is paid towards common equity of Carnegie Holding AB. To reflect the strategic importance of the Transaction, DNB Markets will be globally renamed DNB Carnegie, with both companies' strong reputations and cultures continuing under the unified brand. Through the transaction, Carnegie Holding AB will change its name to DNB Carnegie Holding AB. This new unit will lead the operations of DNB Markets and Carnegie Investment Bank's combined operations in investment banking, analysis, stockbroking, wealth and capital management in Sweden, Denmark and Finland, under the leadership of Tony Elofsson as CEO. The Transaction is expected to close in the first half of 2025, and closing conditions include regulatory approvals from authorities in applicable jurisdictions. Until regulatory approvals are obtained and closing of the Transaction occurs, the businesses will continue to operate independently. Following the transaction, DNB Markets is to be renamed DNB Carnegie, the bank announced. DNB Markets and Morgan Stanley & Co. International plc acted as financial advisors and Mannheimer Swartling acted as legal advisor to DNB. Carnegie Investment Bank, Goldman Sachs and Lenner & Partners have been financial advisors and Gernandt & Danielsson have been legal advisors to the selling parties.
お知らせ • Jul 31DNB Bank ASA Announces Resignation of Stine Bosse as a Member of the Board of DirectorsDNB Bank ASA announced that following the election of Stine Bosse as a Member of the European Parliament in June 2024, Bosse has informed that she wants to resign from her role as a member of the Board of Directors of DNB Bank ASA and focus on her role as MEP. Bosse was elected as a board member at the annual general meeting in April 2023, for a period of two years. Bosse resigns from her position with immediate effect. Chair of DNB, Olaug Svarva, thanks Bosse for her important contribution to the Board's work.
Reported Earnings • Jul 12Second quarter 2024 earnings released: EPS: kr6.85 (vs kr5.92 in 2Q 2023)Second quarter 2024 results: EPS: kr6.85 (up from kr5.92 in 2Q 2023). Revenue: kr21.0b (up 8.6% from 2Q 2023). Net income: kr10.8b (up 18% from 2Q 2023). Profit margin: 51% (up from 47% in 2Q 2023). Revenue is forecast to stay flat during the next 3 years compared to a 3.2% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Board Change • May 22High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Employee Representative Director Eli Solhaug was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • May 07DNB Bank Asa Announces Changes in Group ManagementDNB Bank ASA announced Changes in DNB's Group Management. The following changes apply from 6 May: Business Banking Norway will be established as a separate business area. Head of the unit, Rasmus Aage Figenschou, will become part of the Group Management team. Maria Ervik Løvold will take over as Group Executive Vice President of Personal Banking. A new support unit will be set up, People & Communication, which will be led by Even Westerveld. Eline Skramstad will take over as Group Executive Vice President of Group Risk Management. The technical merger of Sbanken has now been completed, and the next phase is well underway Ingjerd Blekeli Spiten, Sverre Krog and Anne Sigrun Moen will no longer be members of DNB's Group Management team.
Upcoming Dividend • Apr 25Upcoming dividend of kr16.00 per shareEligible shareholders must have bought the stock before 30 April 2024. Payment date: 08 May 2024. Payout ratio is a comfortable 64% and this is well supported by cash flows. Trailing yield: 7.7%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (6.4%).
Reported Earnings • Apr 24First quarter 2024 earnings released: EPS: kr6.50 (vs kr6.61 in 1Q 2023)First quarter 2024 results: EPS: kr6.50 (down from kr6.61 in 1Q 2023). Revenue: kr20.1b (down 2.6% from 1Q 2023). Net income: kr9.82b (down 4.0% from 1Q 2023). Profit margin: 49% (in line with 1Q 2023). Revenue is forecast to stay flat during the next 3 years compared to a 3.3% growth forecast for the Banks industry in Europe.
Upcoming Dividend • Apr 23Upcoming dividend of kr16.00 per shareEligible shareholders must have bought the stock before 30 April 2024. Payment date: 08 May 2024. Payout ratio is a comfortable 64% but the company is paying out more than the cash it is generating. Trailing yield: 7.6%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (6.5%).
Reported Earnings • Mar 16Full year 2023 earnings released: EPS: kr24.93 (vs kr20.85 in FY 2022)Full year 2023 results: EPS: kr24.93 (up from kr20.85 in FY 2022). Revenue: kr79.1b (up 19% from FY 2022). Net income: kr38.3b (up 19% from FY 2022). Profit margin: 49% (in line with FY 2022). Cost-to-income ratio: 35.0% (down from 39.0% in FY 2022). Non-performing loans: 1.31% (down from 1.40% in FY 2022). Revenue is forecast to stay flat during the next 3 years compared to a 3.2% growth forecast for the Banks industry in Europe.
お知らせ • Feb 07+ 5 more updatesDNB Bank ASA to Report Fiscal Year 2024 Final Results on Mar 19, 2025DNB Bank ASA announced that they will report fiscal year 2024 final results on Mar 19, 2025
Reported Earnings • Feb 03Full year 2023 earnings released: EPS: kr24.92 (vs kr20.47 in FY 2022)Full year 2023 results: EPS: kr24.92 (up from kr20.47 in FY 2022). Revenue: kr79.1b (up 19% from FY 2022). Net income: kr39.6b (up 25% from FY 2022). Profit margin: 50% (up from 48% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 2.6% growth forecast for the Banks industry in Europe.
Declared Dividend • Feb 02Dividend of kr16.00 announcedShareholders will receive a dividend of kr16.00. Ex-date: 30th April 2024 Payment date: 8th May 2024 Dividend yield will be 89%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is covered by earnings (50% payout ratio) and is expected to be covered in 3 years' time (71% forecast payout ratio). The dividend has increased by an average of 13% per year over the past 2 years and payments have been stable during that time. EPS is expected to decline by 7.3% over the next 3 years. However, it would need to fall by 44% to increase the payout ratio to a potentially unsustainable range.
お知らせ • Jan 31DNB Bank ASA Proposes Cash Dividend for the Year 2023, Payable from 8 May 2024The Board of Directors of DNB Bank ASA proposed to distribute a cash dividend of NOK 16.00 per share for the accounting year of 2023. The formal decision regarding the dividend will be made on the company's Annual General Meeting, which will be held on 29 April 2024. Ex-date: 30 April 2024, Record date (shareholder registration date): 2 May 2024 and Payment date: from 8 May 2024.
Buying Opportunity • Dec 22Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 1.8%. The fair value is estimated to be €23.18, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 25%. Revenue is forecast to grow by 4.8% in 2 years. Earnings is forecast to decline by 8.1% in the next 2 years.
お知らせ • Nov 25Ferd AS and Tjaldur Holdco II AS entered into an agreement to acquire remaining 28.5% stake in Mintra Holding AS (OB:MNTR) for approximately NOK 220 million.Ferd AS and Tjaldur Holdco II AS entered into an agreement to acquire remaining 28.5% stake in Mintra Holding AS (OB:MNTR) for approximately NOK 220 million on November 23, 2023. The shareholders of Mintra will receive a cash offer of NOK 3.50 per share. Prior to this transaction, Ferd and Tjaldur hold a 71.5% stake in Mintra and upon completion of all remaining shares will hold 100% stake in it. The offeror intends to make a compulsory acquisition of the remaining shares in Mintra following settlement of the offer. The offer is subject to customary conditions, including a minimum acceptance level of 90%, regulatory approvals, Mintra having obtained consents required from creditors under its bank financing agreements and no material adverse change having occurred. The offer will not be conditional on financing or further due diligence. The offer is expected to be completed during Q1 2024. Nordea Bank Abp, filial i Norge is acting as financial advisor to Ferd and Tjaldur in connection with the offer. Wikborg Rein Advokatfirma AS is acting as legal advisor to Ferd and Advokatfirmaet CLP DA is acting as legal advisor to Tjaldur.
Reported Earnings • Oct 22Third quarter 2023 earnings released: EPS: kr6.39 (vs kr4.86 in 3Q 2022)Third quarter 2023 results: EPS: kr6.39 (up from kr4.86 in 3Q 2022). Revenue: kr20.0b (up 23% from 3Q 2022). Net income: kr9.81b (up 30% from 3Q 2022). Profit margin: 49% (up from 46% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Banks industry in Europe.
Reported Earnings • Jul 14Second quarter 2023 earnings released: EPS: kr5.92 (vs kr4.97 in 2Q 2022)Second quarter 2023 results: EPS: kr5.92 (up from kr4.97 in 2Q 2022). Revenue: kr19.3b (up 17% from 2Q 2022). Net income: kr9.13b (up 19% from 2Q 2022). Profit margin: 47% (in line with 2Q 2022). Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Banks industry in Europe.
Buying Opportunity • May 26Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 17%. The fair value is estimated to be €19.45, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 20%. Revenue is forecast to grow by 9.6% in 2 years. Earnings is forecast to decline by 2.4% in the next 2 years.
Buying Opportunity • May 10Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 7.1%. The fair value is estimated to be €19.91, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 20%. Revenue is forecast to grow by 9.7% in 2 years. Earnings is forecast to decline by 2.2% in the next 2 years.
Reported Earnings • May 03First quarter 2023 earnings released: EPS: kr6.77 (vs kr4.69 in 1Q 2022)First quarter 2023 results: EPS: kr6.77 (up from kr4.69 in 1Q 2022). Revenue: kr20.6b (up 31% from 1Q 2022). Net income: kr10.5b (up 45% from 1Q 2022). Profit margin: 51% (up from 46% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 4.5% growth forecast for the Banks industry in Europe.
Recent Insider Transactions • Apr 30Independent Director recently bought €93k worth of stockOn the 27th of April, Jens Olsen bought around 6k shares on-market at roughly €15.47 per share. This transaction increased Jens' direct individual holding by 1x at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.
Upcoming Dividend • Apr 19Upcoming dividend of kr12.50 per share at 6.3% yieldEligible shareholders must have bought the stock before 26 April 2023. Payment date: 05 May 2023. Payout ratio is a comfortable 61% but the company is not cash flow positive. Trailing yield: 6.3%. Within top quartile of German dividend payers (4.6%). In line with average of industry peers (6.0%).
Board Change • Mar 18High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Employee Representative Director Jannicke Skaanes was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Feb 14Full year 2022 earnings released: EPS: kr20.97 (vs kr15.65 in FY 2021)Full year 2022 results: EPS: kr20.97 (up from kr15.65 in FY 2021). Revenue: kr66.4b (up 17% from FY 2021). Net income: kr32.5b (up 34% from FY 2021). Profit margin: 49% (up from 43% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Banks industry in Europe.
お知らせ • Feb 09DNB Bank ASA Proposes Cash Dividend for the Accounting Year of 2022, Payable on 5 May 2023The Board of Directors of DNB Bank ASA plans to propose to distribute a cash dividend of NOK 12.50 per share for the accounting year of 2022. The formal decision regarding the dividend will be made on the company's Annual General Meeting, which will be held on 25 April 2023. Ex-date is 26 April 2023, record date (shareholder registration date) is 27 April 2023 and payment date is from 5 May 2023.
Board Change • Nov 21High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Employee Representative Director Jannicke Skaanes was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 26Third quarter 2022 earnings released: EPS: kr4.75 (vs kr4.27 in 3Q 2021)Third quarter 2022 results: EPS: kr4.75 (up from kr4.27 in 3Q 2021). Revenue: kr16.3b (up 12% from 3Q 2021). Net income: kr7.54b (up 14% from 3Q 2021). Profit margin: 46% (in line with 3Q 2021). Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Banks industry in Europe.
Buying Opportunity • Aug 27Now 20% undervaluedOver the last 90 days, the stock is up 5.0%. The fair value is estimated to be €24.59, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.0% over the last 3 years. Earnings per share has grown by 3.1%. Revenue is forecast to grow by 17% in 2 years. Earnings is forecast to grow by 13% in the next 2 years.
Buying Opportunity • Jul 22Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be €22.66, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.0% over the last 3 years. Earnings per share has grown by 3.1%. Revenue is forecast to grow by 15% in 2 years. Earnings is forecast to grow by 12% in the next 2 years.
Reported Earnings • Jul 15Second quarter 2022 earnings released: EPS: kr4.86 (vs kr4.03 in 2Q 2021)Second quarter 2022 results: EPS: kr4.86 (up from kr4.03 in 2Q 2021). Revenue: kr16.5b (up 15% from 2Q 2021). Net income: kr7.53b (up 21% from 2Q 2021). Profit margin: 46% (up from 44% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 8.8%, compared to a 14% growth forecast for the industry in Germany.
Buying Opportunity • Jul 01Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 17%. The fair value is estimated to be €21.57, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 15% in 2 years. Earnings is forecast to grow by 12% in the next 2 years.
Buying Opportunity • Jun 14Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 9.2%. The fair value is estimated to be €22.50, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 15% in 2 years. Earnings is forecast to grow by 12% in the next 2 years.
Board Change • May 08High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Employee Representative Director Jannicke Skaanes was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Buying Opportunity • Apr 30Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 10%. The fair value is estimated to be €23.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 3.5%. For the next 3 years, revenue is forecast to grow by 6.1% per annum. Earnings is also forecast to grow by 6.0% per annum over the same time period.
Board Change • Apr 27High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Vice Chair of the Board Svein-Richard Brandtzaeg was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 26+ 4 more updatesDNB Bank ASA to Report Q3, 2023 Results on Oct 19, 2023DNB Bank ASA announced that they will report Q3, 2023 results on Oct 19, 2023
Upcoming Dividend • Apr 20Upcoming dividend of kr9.75 per shareEligible shareholders must have bought the stock before 27 April 2022. Payment date: 05 May 2022. Payout ratio is a comfortable 62% and the cash payout ratio is 75%. Trailing yield: 5.0%. Within top quartile of German dividend payers (3.9%). Lower than average of industry peers (6.3%).
お知らせ • Apr 07DNB Bank ASA (OB:DNB) completed the acquisition of remaining approximately 8.2% stake in Sbanken ASA (OB : SBANK).DNB Bank ASA (OB:DNB) made an offer to acquire remaining approximately 8.2% stake in Sbanken ASA (OB : SBANK) for approximately NOK 920 million on April 1, 2022. The DNB Bank offered a consideration of NOK 104.45 per Share in the compulsory acquisition for remaining 8,780,686 shares in Sbanken. The acquisition will be completed on or about April 6, 2022. DNB Markets acted as financial advisor and Advokatfirmaet BAHR AS acted as legal advisor to the DNB Bank in connection with the offer. DNB Bank ASA (OB:DNB) completed the acquisition of remaining approximately 8.2% stake in Sbanken ASA (OB : SBANK) on April 6, 2022. DNB has acquired ownership to all the shares in the Company. Settlement of the consideration under the compulsory acquisition will be made no later than on April 20, 2022. As a result of the compulsory acquisition DNB will apply for a de-listing of the Company’s shares from the Oslo Stock Exchange. Separate stock exchange announcements will be made regarding the timing of such de-listing.
お知らせ • Apr 06DNB Bank ASA Proposes a Dividend for 2021DNB Bank ASA at its AGM to be held on 26 April 2022, proposed a dividend of NOK 9.75 per share for 2021.
Reported Earnings • Feb 16Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: kr15.55 (up from kr11.89 in FY 2020). Revenue: kr56.7b (up 20% from FY 2020). Net income: kr24.3b (up 31% from FY 2020). Profit margin: 43% (up from 39% in FY 2020). The increase in margin was driven by higher revenue. Cost-to-income ratio: 43.0% (up from 41.5% in FY 2020). Non-performing loans: 1.74% (down from 1.88% in FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 7.3%, compared to a 12% growth forecast for the banks industry in Germany.