DNB Bank ASA

OB-DNB

Basic

Market Cap
NOK 321.74B
EV
—
Shares Out
1,455.83M
Revenue
NOK 80.18B
Employees
10,628

Margins

Gross
—
EBITDA
—
Operating
—
Pre-Tax
63.4%
Net
50.53%
FCF
-12.08%

Returns (5Yr Avg)

ROA
0.93%
ROTA
12.37%
ROE
11.76%
ROCE
—
ROIC
1%

Valuation (TTM)

P/E
—
P/B
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—
EV/Gross Profit
—

Valuation (NTM)

Price Target
NOK 216.45
P/E
—
PEG
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—

Financial Health

Cash
—
Net Debt
NOK 630.66B
Debt/Equity
—
EBIT/Interest
—

Growth (CAGR)

Rev 3Yr
15.18%
Rev 5Yr
8.27%
Rev 10Yr
—
Dil EPS 3Yr
21.3%
Dil EPS 5Yr
10.1%
Dil EPS 10Yr
7.33%
Rev Fwd 2Yr
-0.69%
EBITDA Fwd 2Yr
—
EPS Fwd 2Yr
-2.61%
EPS LT Growth Est
-1.32%

Dividends

Yield
—
Payout
62.11%
DPS
NOK 16
DPS Growth 3Yr
21.14%
DPS Growth 5Yr
14.17%
DPS Growth 10Yr
19.47%
DPS Growth Fwd 2Yr
1.4%

Metric	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23	LTM
Interest Income On Loans						60,225	50,660	43,997	75,241	153,550	178,331
Interest Income On Investments	—	—	—			5,123	4,636	2,890	4,751	7,095	7,199
Interest Income, Total						65,348	55,296	46,887	79,992	160,645	185,530
Interest On Deposits						23,661	11,511	4,693	29,080	101,757	123,985
Total Interest On Borrowings	—	—	—			2,486	5,161	3,504	2,619	-2,658	-1,514
Interest Expense, Total						26,147	16,672	8,197	31,699	99,099	122,471
Net Interest Income						39,201	38,624	38,690	48,293	61,546	63,059
Gain (Loss) on Sale of Assets						1,795	706	9	-31	54	33
Gain (Loss) on Sale of Invest. & Securities						-635	622	-1,282	-1,409	-3	-3
Income (Loss) on Equity Invest.						410	402	524	746	449	654
Total Other Non Interest Income						15,789	16,812	17,893	18,509	19,659	19,174
Non Interest Income, Total						17,359	18,542	17,144	17,815	20,159	19,858
Revenues Before Provison For Loan Losses						56,560	57,166	55,834	66,108	81,705	82,917
Provision For Loan Losses						2,191	9,918	-868	-272	2,649	2,739
Total Revenues						54,369	47,248	56,702	66,380	79,056	80,178
Total Revenues % Chg.						6.5%	-13.1%	20%	17.1%	19.1%	8.2%
Salaries And Other Employee Benefits						12,534	12,792	13,684	14,672	16,278	16,893
Occupancy Expense						2,851	3,327	3,360	3,455	3,613	3,503
Selling General & Admin Expenses, Total						1,674	1,477	1,448	1,585	1,739	1,739
Total Other Non Interest Expense						5,799	5,731	5,398	6,061	6,764	7,009
Non Interest Expense, Total						22,858	23,327	23,890	25,773	28,394	29,144
EBT, Excl. Unusual Items						31,511	23,921	32,812	40,607	50,662	51,034
Restructuring Charges						-69	-81	-142	-18	-42	-55
Impairment of Goodwill		—				—	-10	-7	—	—	—
Asset Writedown						-207	17	4	-10	-181	-149
Other Unusual Items	—		—	—	—	—	—	—	—	—	—
EBT, Incl. Unusual Items						31,235	23,847	32,667	40,579	50,439	50,830
Income Tax Expense						5,465	4,229	7,462	7,411	10,811	10,112
Earnings From Continuing Operations						25,770	19,618	25,205	33,168	39,628	40,718
Earnings Of Discontinued Operations						-49	221	150	270	-149	-204
Minority Interest	—	—	—	—	—	5	15	-26	-82	-2	3
Net Income						25,726	19,854	25,329	33,356	39,477	40,517
Preferred Dividend and Other Adjustments	—					1,123	1,143	922	769	1,311	1,632
Net Income to Common Incl Extra Items						24,603	18,711	24,407	32,587	38,166	38,885
Net Income to Common Excl. Extra Items						24,652	18,490	24,257	32,317	38,315	39,089
Total Shares Outstanding						1,570.6	1,550.4	1,550.4	1,550.4	1,516.8	1,503.8
Weighted Avg. Shares Outstanding						1,583	1,554.5	1,550.3	1,550.3	1,536.9	1,517.4
Weighted Avg. Shares Outstanding Dil						1,583	1,554.5	1,550.3	1,550.3	1,536.9	1,517.4
EPS						15.5	12	15.7	21	24.8	25.6
EPS Diluted						15.5	12	15.7	21	24.8	25.6
Effective Tax Rate						17.5%	17.7%	22.8%	18.3%	21.4%	19.9%