DNB Bank ASA

OB:DNB Stock Report

Market Cap: NOK 385.3b

DNB Bank Management

Management criteria checks 4/4

DNB Bank's CEO is Kjerstin Braathen, appointed in Jan 2019, has a tenure of 6.25 years. total yearly compensation is NOK16.90M, comprised of 72.4% salary and 27.6% bonuses, including company stock and options. directly owns 0.007% of the company’s shares, worth NOK25.05M. The average tenure of the management team and the board of directors is 4.5 years and 6.3 years respectively.

Key information

Kjerstin Braathen

Chief executive officer

NOK 16.9m

Total compensation

CEO salary percentage72.4%
CEO tenure6.3yrs
CEO ownership0.006%
Management average tenure4.5yrs
Board average tenure6.3yrs

Recent management updates

Recent updates

DNB Bank's (OB:DNB) Upcoming Dividend Will Be Larger Than Last Year's

Apr 04
DNB Bank's (OB:DNB) Upcoming Dividend Will Be Larger Than Last Year's

DNB Bank (OB:DNB) Is Increasing Its Dividend To NOK16.75

Mar 06
DNB Bank (OB:DNB) Is Increasing Its Dividend To NOK16.75

DNB Bank (OB:DNB) Is Paying Out A Larger Dividend Than Last Year

Feb 08
DNB Bank (OB:DNB) Is Paying Out A Larger Dividend Than Last Year

Do DNB Bank's (OB:DNB) Earnings Warrant Your Attention?

Dec 17
Do DNB Bank's (OB:DNB) Earnings Warrant Your Attention?
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Challenging Acquisition Strategy And Economic Constraints Threaten Future Earnings Growth

Nov 07 High interest rates in Norway may compress DNB Bank's net margins, challenging earnings growth in a moderate economic environment.

DNB Bank ASA Just Beat EPS By 17%: Here's What Analysts Think Will Happen Next

Oct 25
DNB Bank ASA Just Beat EPS By 17%: Here's What Analysts Think Will Happen Next

Do DNB Bank's (OB:DNB) Earnings Warrant Your Attention?

Sep 05
Do DNB Bank's (OB:DNB) Earnings Warrant Your Attention?

DNB Bank ASA Just Recorded A 14% EPS Beat: Here's What Analysts Are Forecasting Next

Jul 14
DNB Bank ASA Just Recorded A 14% EPS Beat: Here's What Analysts Are Forecasting Next

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

CEO Compensation Analysis

How has Kjerstin Braathen's remuneration changed compared to DNB Bank's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024NOK 17mNOK 12m

NOK 44b

Sep 30 2024n/an/a

NOK 41b

Jun 30 2024n/an/a

NOK 39b

Mar 31 2024n/an/a

NOK 38b

Dec 31 2023NOK 16mNOK 12m

NOK 38b

Sep 30 2023n/an/a

NOK 39b

Jun 30 2023n/an/a

NOK 37b

Mar 31 2023n/an/a

NOK 35b

Dec 31 2022NOK 15mNOK 11m

NOK 32b

Sep 30 2022n/an/a

NOK 28b

Jun 30 2022n/an/a

NOK 27b

Mar 31 2022n/an/a

NOK 26b

Dec 31 2021NOK 15mNOK 11m

NOK 24b

Sep 30 2021n/an/a

NOK 23b

Jun 30 2021n/an/a

NOK 22b

Mar 31 2021n/an/a

NOK 21b

Dec 31 2020NOK 12mNOK 8m

NOK 18b

Sep 30 2020n/an/a

NOK 19b

Jun 30 2020n/an/a

NOK 20b

Mar 31 2020n/an/a

NOK 21b

Dec 31 2019NOK 9mNOK 6m

NOK 25b

Sep 30 2019n/an/a

NOK 26b

Jun 30 2019n/an/a

NOK 26b

Mar 31 2019n/an/a

NOK 25b

Dec 31 2018NOK 6mNOK 4m

NOK 24b

Compensation vs Market: Kjerstin's total compensation ($USD1.61M) is about average for companies of similar size in the Norwegian market ($USD1.39M).

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

CEO

Kjerstin Braathen (54 yo)

6.3yrs

Tenure

NOK 16,899,000

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 Officer6.3yrsNOK 16.90m0.0065%
NOK 25.0m
Ida Lerner
Group Chief Financial Officer3.4yrsNOK 9.48m0.0011%
NOK 4.3m
Maria Loevold
Group EVP of the Retail Market & Personal Banking and COO6.3yrsNOK 6.80m0%
NOK 0
Elin Sandnes
Group Executive Vice President of Technology & Services1.3yrsNOK 5.03mno data
Fredrik Berger
Group Executive VP of Group Compliance & Group Chief Compliance Officer2.3yrsNOK 5.05m0%
NOK 0
Even Westerveld
Group Executive Vice President of People & Communication1.7yrsNOK 5.51m0%
NOK 0
Harald Serck-Hanssen
Group Executive Vice President of Large Corporates & International12.3yrsNOK 10.46m0%
NOK 0
Rasmus Aage Figenschou
Group EVP of Business Banking Norway & EVP of Corporate Market7.3yrsNOK 6.25mno data
Hakon Hansen
Group Executive Vice President of Wealth Management6.8yrsNOK 6.72m0%
NOK 0
Morten Opstad
Group Executive Vice President of Markets5.6yrsNOK 14.16m0.0045%
NOK 17.2m
Per Naess-Fladset
Group Executive Vice President of Products2yrsNOK 5.43m0%
NOK 0
Eline Skramstad
Group Executive Vice President of Group Risk Managementless than a yearNOK 4.49mno data

4.5yrs

Average Tenure

45yo

Average Age

Experienced Management: DNB's management team is considered experienced (4.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Kim Wahl
Independent Director12.3yrsNOK 520.00k0%
NOK 0
Petter-Boerre Furberg
Independent Director2yrsNOK 586.00k0%
NOK 0
Olaug Svarva
Independent Chairman of the Board7yrsNOK 1.25m0%
NOK 0
Gro Bakstad
Independent Director8yrsNOK 695.00k0%
NOK 0
Eli Solhaug
Employee Representative Director1yrNOK 313.00k0%
NOK 0
Lillian Hattrem
Employee Representative Director9.3yrsNOK 666.00k0%
NOK 0
Jens Olsen
Independent Vice Chair of the Board6.3yrsNOK 999.00k0%
NOK 0
Ann-Mari Sæterlid
Deputy Employee Representative Director4.8yrsno data0%
NOK 0
Haakon Sandven
Director1yrNOK 313.00k0%
NOK 0
Kurt Andre Andersen
Deputy Employee Representative Directorno datano datano data

6.3yrs

Average Tenure

59.5yo

Average Age

Experienced Board: DNB's board of directors are considered experienced (6.3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/17 22:08
End of Day Share Price 2025/04/16 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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 Github.

Analyst Sources

DNB Bank ASA is covered by 37 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Fridtjof BerentsArctic Securities ASA
Namita SamtaniBarclays