DNB Bank Past Earnings Performance

Past criteria checks 2/6

DNB Bank has been growing earnings at an average annual rate of 15.6%, while the Banks industry saw earnings growing at 18% annually. Revenues have been growing at an average rate of 11.7% per year. DNB Bank's return on equity is 15.3%, and it has net margins of 49.4%.

Key information

15.6%

Earnings growth rate

16.4%

EPS growth rate

Banks Industry Growth	10.6%
Revenue growth rate	11.7%
Return on equity	15.3%
Net Margin	49.4%
Next Earnings Update	05 Feb 2025

Recent past performance updates

No updates

Recent updates

Revenue & Expenses Breakdown

How DNB Bank makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:D1N Revenue, expenses and earnings (NOK Millions)
Date	Revenue	Earnings	G+A Expenses
30 Sep 24	82,831	40,955	22,584
30 Jun 24	80,178	39,089	22,135
31 Mar 24	78,518	37,911	21,981
31 Dec 23	79,056	38,315	21,630
30 Sep 23	77,846	38,889	21,454
30 Jun 23	74,088	36,612	21,007
31 Mar 23	71,337	35,184	20,536
31 Dec 22	66,380	32,317	19,712
30 Sep 22	62,908	28,236	19,655
30 Jun 22	61,182	27,338	18,711
31 Mar 22	58,908	25,876	18,390
31 Dec 21	56,702	24,257	18,492
30 Sep 21	54,379	23,397	18,323
30 Jun 21	52,469	22,057	18,299
31 Mar 21	50,154	20,600	18,227
31 Dec 20	47,248	18,490	17,596
30 Sep 20	48,214	19,251	16,834
30 Jun 20	48,836	19,750	16,672
31 Mar 20	50,431	20,888	16,949
31 Dec 19	54,369	24,652	17,059
30 Sep 19	54,656	25,843	17,132
30 Jun 19	53,882	25,535	16,611
31 Mar 19	53,296	25,485	15,740
31 Dec 18	51,035	23,527	15,413
30 Sep 18	50,561	22,919	15,086
30 Jun 18	50,891	22,834	15,230
31 Mar 18	50,309	21,977	15,304
31 Dec 17	49,451	20,866	15,483
30 Sep 17	47,449	19,849	14,965
30 Jun 17	44,892	18,403	14,885
31 Mar 17	43,608	17,853	14,764
31 Dec 16	44,721	18,652	14,930
30 Sep 16	45,341	20,155	14,929
30 Jun 16	48,930	22,465	15,073
31 Mar 16	50,104	22,989	15,281
31 Dec 15	51,781	24,439	15,123
30 Sep 15	51,592	22,767	14,932
30 Jun 15	50,367	22,134	14,775
31 Mar 15	49,439	21,712	14,614
31 Dec 14	47,774	20,639	14,464
30 Sep 14	48,338	21,332	14,540
30 Jun 14	47,501	20,592	14,443
31 Mar 14	47,271	19,833	14,420
31 Dec 13	44,586	17,507	14,340

Quality Earnings: D1N has high quality earnings.

Growing Profit Margin: D1N's current net profit margins (49.4%) are lower than last year (50%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: D1N's earnings have grown by 15.6% per year over the past 5 years.

Accelerating Growth: D1N's earnings growth over the past year (5.3%) is below its 5-year average (15.6% per year).

Earnings vs Industry: D1N earnings growth over the past year (5.3%) did not outperform the Banks industry 12.6%.

Return on Equity

High ROE: D1N's Return on Equity (15.3%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/23 05:08
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

DNB Bank ASA is covered by 43 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Fridtjof Berents	Arctic Securities ASA
Namita Samtani	Barclays
Namita Samtani	Barclays