DNB Bank ASA

OB:DNB Stock Report

Market Cap: NOK 332.4b

DNB Bank Management

Management criteria checks 4/4

DNB Bank's CEO is Kjerstin Braathen, appointed in Jan 2019, has a tenure of 5.92 years. total yearly compensation is NOK15.83M, comprised of 73.6% salary and 26.4% bonuses, including company stock and options. directly owns 0.006% of the company’s shares, worth NOK20.41M. The average tenure of the management team and the board of directors is 4.2 years and 4.5 years respectively.

Key information

Kjerstin Braathen

Chief executive officer

NOK 15.8m

Total compensation

CEO salary percentage73.6%
CEO tenure5.9yrs
CEO ownership0.006%
Management average tenure4.2yrs
Board average tenure4.5yrs

Recent management updates

Recent updates

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

Dec 17
Do DNB Bank's (OB:DNB) Earnings Warrant Your Attention?

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

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

CEO Compensation Analysis

How has Kjerstin Braathen's remuneration changed compared to DNB Bank's earnings?
DateTotal CompensationSalaryCompany Earnings
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

Sep 30 2018n/an/a

NOK 23b

Jun 30 2018n/an/a

NOK 23b

Mar 31 2018n/an/a

NOK 22b

Dec 31 2017NOK 6mNOK 4m

NOK 21b

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

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

CEO

Kjerstin Braathen (54 yo)

5.9yrs

Tenure

NOK 15,831,000

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 Officer5.9yrsNOK 15.83m0.0061%
NOK 20.4m
Ida Lerner
Group Chief Financial Officer3.1yrsNOK 8.39m0.0010%
NOK 3.4m
Maria Loevold
Group EVP of the Retail Market & Personal Banking and COO5.9yrsNOK 6.09m0.0010%
NOK 3.5m
Fredrik Berger
Group Executive VP of Group Compliance & Group Chief Compliance Officer1.9yrsNOK 4.56m0.00078%
NOK 2.6m
Even Westerveld
Group Executive Vice President of People & Communication1.3yrsNOK 4.04m0.00014%
NOK 465.4k
Harald Serck-Hanssen
Group Executive Vice President of Large Corporates & International11.9yrsNOK 9.93m0.0040%
NOK 13.4m
Hakon Hansen
Group Executive Vice President of Wealth Management6.5yrsNOK 6.19m0.0020%
NOK 6.7m
Morten Opstad
Group Executive Vice President of Markets5.3yrsNOK 12.70m0.0041%
NOK 13.8m
Per Naess-Fladset
Group Executive Vice President of Products1.7yrsNOK 4.39m0.000070%
NOK 232.7k
Elin Sandnes
Group Executive Vice President of Technology & Servicesless than a yearno datano data
Rune Helland
Head of Investor Relationsno datano datano data
Tor Steenfeldt-Foss
Group Executive Vice President of Auditno datano datano data

4.2yrs

Average Tenure

45yo

Average Age

Experienced Management: DNB's management team is considered experienced (4.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Kim Wahl
Independent Director3.4yrsNOK 496.00k0.0017%
NOK 5.6m
Petter-Boerre Furberg
Independent Director1.7yrsNOK 361.00k0.00034%
NOK 1.1m
Olaug Svarva
Independent Chairman of the Board6.7yrsNOK 1.19m0.00098%
NOK 3.3m
Gro Bakstad
Independent Director7.7yrsNOK 658.00k0.00027%
NOK 897.5k
Eli Solhaug
Employee Representative Directorless than a yearNOK 171.00k0.00025%
NOK 831.0k
Lillian Hattrem
Employee Representative Director8.9yrsNOK 632.00k0.00016%
NOK 531.9k
Jens Olsen
Independent Vice Chair of the Board5.9yrsNOK 922.00k0.00081%
NOK 2.7m
Ann-Mari Sæterlid
Deputy Employee Representative Director4.5yrsno data0.000030%
NOK 99.7k
Haakon Sandven
Directorless than a yearno data0.000060%
NOK 199.5k

4.5yrs

Average Tenure

59.5yo

Average Age

Experienced Board: DNB's board of directors are considered experienced (4.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 08:45
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

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.

AnalystInstitution
Fridtjof BerentsArctic Securities ASA
Namita SamtaniBarclays
Namita SamtaniBarclays