DNB Bank ASA

OB:DNB Stock Report

Market Cap: kr313.7b

DNB Bank Management

Management criteria checks 4/4

DNB Bank's CEO is Kjerstin Braathen, appointed in Jan 2019, has a tenure of 5.25 years. total yearly compensation is NOK15.83M, comprised of 73.6% salary and 26.4% bonuses, including company stock and options. directly owns 0.005% of the company’s shares, worth NOK15.00M. The average tenure of the management team and the board of directors is 3.6 years and 3.8 years respectively.

Key information

Kjerstin Braathen

Chief executive officer

kr15.8m

Total compensation

CEO salary percentage73.6%
CEO tenure5.3yrs
CEO ownership0.005%
Management average tenure3.6yrs
Board average tenure3.8yrs

Recent management updates

Recent updates

Earnings Update: DNB Bank ASA (OB:DNB) Just Reported Its First-Quarter Results And Analysts Are Updating Their Forecasts

Apr 26
Earnings Update: DNB Bank ASA (OB:DNB) Just Reported Its First-Quarter Results And Analysts Are Updating Their Forecasts

DNB Bank (OB:DNB) Will Pay A Larger Dividend Than Last Year At NOK16.00

Apr 07
DNB Bank (OB:DNB) Will Pay A Larger Dividend Than Last Year At NOK16.00

DNB Bank's (OB:DNB) Shareholders Will Receive A Bigger Dividend Than Last Year

Mar 16
DNB Bank's (OB:DNB) Shareholders Will Receive A Bigger Dividend Than Last Year

DNB Bank (OB:DNB) Will Pay A Larger Dividend Than Last Year At NOK16.00

Feb 07
DNB Bank (OB:DNB) Will Pay A Larger Dividend Than Last Year At NOK16.00

DNB Bank ASA (OB:DNB) Full-Year Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Feb 03
DNB Bank ASA (OB:DNB) Full-Year Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Here's Why We Think DNB Bank (OB:DNB) Is Well Worth Watching

Dec 08
Here's Why We Think DNB Bank (OB:DNB) Is Well Worth Watching

Does DNB Bank (OB:DNB) Deserve A Spot On Your Watchlist?

Jun 22
Does DNB Bank (OB:DNB) Deserve A Spot On Your Watchlist?

DNB Bank's (OB:DNB) Shareholders Will Receive A Bigger Dividend Than Last Year

Apr 05
DNB Bank's (OB:DNB) Shareholders Will Receive A Bigger Dividend Than Last Year

DNB Bank (OB:DNB) Will Pay A Larger Dividend Than Last Year At NOK12.50

Feb 13
DNB Bank (OB:DNB) Will Pay A Larger Dividend Than Last Year At NOK12.50

DNB Bank ASA Just Recorded A 11% EPS Beat: Here's What Analysts Are Forecasting Next

Jul 15
DNB Bank ASA Just Recorded A 11% EPS Beat: Here's What Analysts Are Forecasting Next

CEO Compensation Analysis

How has Kjerstin Braathen's remuneration changed compared to DNB Bank's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

kr38b

Dec 31 2023kr16mkr12m

kr38b

Sep 30 2023n/an/a

kr38b

Jun 30 2023n/an/a

kr36b

Mar 31 2023n/an/a

kr35b

Dec 31 2022kr15mkr11m

kr32b

Sep 30 2022n/an/a

kr28b

Jun 30 2022n/an/a

kr27b

Mar 31 2022n/an/a

kr26b

Dec 31 2021kr15mkr11m

kr24b

Sep 30 2021n/an/a

kr23b

Jun 30 2021n/an/a

kr22b

Mar 31 2021n/an/a

kr21b

Dec 31 2020kr12mkr8m

kr18b

Sep 30 2020n/an/a

kr19b

Jun 30 2020n/an/a

kr20b

Mar 31 2020n/an/a

kr21b

Dec 31 2019kr9mkr6m

kr25b

Sep 30 2019n/an/a

kr26b

Jun 30 2019n/an/a

kr26b

Mar 31 2019n/an/a

kr25b

Dec 31 2018kr6mkr4m

kr24b

Sep 30 2018n/an/a

kr23b

Jun 30 2018n/an/a

kr23b

Mar 31 2018n/an/a

kr22b

Dec 31 2017kr6mkr4m

kr21b

Compensation vs Market: Kjerstin's total compensation ($USD1.44M) is about average for companies of similar size in the Norwegian market ($USD1.40M).

Compensation vs Earnings: Kjerstin's compensation has been consistent with company performance over the past year.

CEO

Kjerstin Braathen (53 yo)

5.3yrs

Tenure

kr15,831,000

Compensation

Ms. Kjerstin Rasmussen Braathen serves as Member of Corporate Assembly at Equinor ASA since May 15, 2020. Ms. Braathen served as Chairwoman of the Board at DNB Livsforsikring AS until May 24, 2019. Ms. Bra...

Leadership Team

NamePositionTenureCompensationOwnership
Kjerstin Braathen
Group Chief Executive Officer5.3yrskr15.83m0.0048%
NOK 15.0m
Ida Lerner
Group Chief Financial Officer2.4yrskr8.39m0.00057%
NOK 1.8m
Maria Loevold
Group Executive VP of Technology & Services and COO4.6yrskr6.09m0.00067%
NOK 2.1m
Fredrik Berger
Group Executive VP of Group Compliance & Group Chief Compliance Officer1.3yrskr4.56m0.00063%
NOK 2.0m
Even Westerveld
Group Executive Vice President of Communications & Sustainabilityless than a yearkr4.04mno data
Anne Moen
Group Executive Vice President of People2.6yrskr5.01m0.00011%
NOK 345.1k
Harald Serck-Hanssen
Group Executive Vice President of Corporate Banking11.3yrskr9.93m0.0036%
NOK 11.2m
Ingjerd Cecilie Hafsteen Spiten
Group Executive Vice President of Personal Banking6.3yrskr6.40m0.0011%
NOK 3.5m
Hakon Hansen
Group Executive Vice President of Wealth Management5.8yrskr6.19m0.0017%
NOK 5.2m
Morten Opstad
Group Executive Vice President of Markets4.6yrskr12.70m0.0037%
NOK 11.8m
Sverre Krog
Group Executive VP of Group Risk Management & Group Chief Risk Officer2.6yrskr4.75m0.00019%
NOK 596.1k
Per Naess-Fladset
Group Executive Vice President of Products & Innovationless than a yearkr4.39mno data

3.6yrs

Average Tenure

47.5yo

Average Age

Experienced Management: DNB's management team is considered experienced (3.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Kim Wahl
Independent Director2.8yrskr496.00k0.0017%
NOK 5.2m
Christine Bosse
Independent Directorless than a yearkr505.00kno data
Petter-Boerre Furberg
Independent Directorless than a yearkr361.00kno data
Olaug Svarva
Independent Chairman of the Board6yrskr1.19m0.00096%
NOK 3.0m
Gro Bakstad
Independent Director7yrskr658.00k0.00026%
NOK 815.6k
Eli Solhaug
Deputy Employee Representative Directorno datakr171.00k0.00023%
NOK 721.5k
Lillian Hattrem
Employee Representative Director8.3yrskr632.00k0.00013%
NOK 407.8k
Jens Olsen
Independent Vice Chair of the Board5.3yrskr922.00k0.00079%
NOK 2.5m
Stian Samuelsen
Employee Representative Director3.9yrskr441.00k0.00010%
NOK 313.7k
Julie Galbo
Independent Director3.8yrskr773.00k0.000050%
NOK 156.9k
Ann-Mari Sæterlid
Deputy Employee Representative Director3.8yrsno data0.000030%
NOK 94.1k
Jannicke Skaanes
Employee Representative Director2yrskr441.00kno data

3.8yrs

Average Tenure

59yo

Average Age

Experienced Board: DNB's board of directors are considered experienced (3.8 years average tenure).

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