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DNB ASA (DE:D1N)
FRANKFURT:D1N

DNB ASA (D1N) Price & Analysis

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D1N Stock Chart & Stats

€22.80
€0.20(1.05%)
At close: 4:00 PM EST
€22.80
€0.20(1.05%)

Bulls Say, Bears Say

Bulls Say
Robust Capital Position (CET1 & Leverage)A CET1 ratio of 18.1% with substantial regulatory headroom and a 6.5% leverage ratio provides a durable capital buffer. This supports dividend and buyback capacity, allows measured lending growth, and reduces regulatory constraint risk, enhancing strategic flexibility over the coming months.
Diversified Fee And Asset-management RevenueStrong fee growth and rising asset-management revenues diversify earnings away from interest income cycles. Recurring, scaleable fee streams and higher advisory/IB revenues reduce earnings cyclicality, improve margin stability, and give the bank durable non‑interest income to offset NII pressure.
Resilient Profitability And ReturnsSustained ROE in the mid-teens and consistent quarterly EPS show the franchise generates attractive returns on equity. This indicates effective pricing, cost control and cross‑sell execution, supporting capacity to reinvest in digital initiatives and integration benefits from Carnegie over the medium term.
Bears Say
Elevated Balance-sheet LeverageDebt/equity of roughly 3.2–3.6x denotes structurally high leverage, which magnifies earnings volatility and sensitivity to credit cycles or funding shocks. Despite strong CET1, elevated leverage limits downside protection and can constrain strategic options during stressed market conditions.
Volatile Cash Generation And ConversionInconsistent operating and free cash flow—including a sharp negative swing in 2024—reduces certainty that accounting profits translate to distributable cash. That variability complicates capital planning, dividend sustainability and pace of buybacks or strategic investment over the next several quarters.
Elevated And Concentrated ImpairmentsMaterial Q1 impairments (NOK 644m, NOK 556m corporate) concentrated in specific sectors highlight credit risk in parts of the portfolio. If such sectoral stress persists, it will increase loan-loss provisions, weigh on net income and limit lending capacity, pressuring longer-term earnings stability.

DNB ASA News

D1N FAQ

What was DNB ASA’s price range in the past 12 months?
DNB ASA lowest stock price was €21.20 and its highest was €28.60 in the past 12 months.
    What is DNB ASA’s market cap?
    DNB ASA’s market cap is €38.28B.
      When is DNB ASA’s upcoming earnings report date?
      DNB ASA’s upcoming earnings report date is Jul 14, 2026 which is in 23 days.
        How were DNB ASA’s earnings last quarter?
        DNB ASA released its earnings results on Apr 23, 2026. The company reported €0.609 earnings per share for the quarter, beating the consensus estimate of €0.569 by €0.039.
          Is DNB ASA overvalued?
          According to Wall Street analysts DNB ASA’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does DNB ASA pay dividends?
            DNB ASA does not currently pay dividends.
            What is DNB ASA’s EPS estimate?
            DNB ASA’s EPS estimate is 0.61.
              How many shares outstanding does DNB ASA have?
              DNB ASA has 1,440,664,900 shares outstanding.
                What happened to DNB ASA’s price movement after its last earnings report?
                DNB ASA reported an EPS of €0.609 in its last earnings report, beating expectations of €0.569. Following the earnings report the stock price went up 7.022%.
                  Which hedge fund is a major shareholder of DNB ASA?
                  Currently, no hedge funds are holding shares in DE:D1N
                  What is the TipRanks Smart Score and how is it calculated?
                  Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                    DNB ASA Stock Smart Score

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                    Neutral
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                    Company Description

                    DNB ASA

                    DNB Bank ASA is a leading financial institution, offering a broad spectrum of services to individual consumers, businesses, and institutional clients, both within Norway and across international markets. For its personal banking customers, the company provides a comprehensive suite of products, including various savings and investment vehicles, alongside diverse lending solutions such as home mortgages, auto loans, and personal consumer credit. Its insurance offerings are extensive, covering everything from pet and travel insurance to policies for homes, properties, personal liability, and vehicles. DNB also assists with retirement savings planning, facilitates foreign exchange and treasury activities, and ensures convenient access through robust internet and mobile banking platforms, complemented by a range of card services. In the realm of business banking, DNB offers sophisticated solutions encompassing specialized savings and investment instruments like savings accounts, fixed-rate deposits, exchange-traded products, bonds, commercial papers, and comprehensive asset and equity management services. Financing options are varied, spanning installment loans, overdraft facilities, bank guarantees, leasing, factoring, and both trade and export finance. Core transaction banking services are also fundamental offerings. Beyond standard banking, DNB maintains a strong presence in investment banking, specializing in advisory services for mergers and acquisitions (M&A) and capital raising through both equity and debt markets. Further capabilities include offerings in foreign exchange, interest rates, equities, commodities, fixed income, comprehensive research, private equity solutions, and various securities services. The bank's digital platforms facilitate online equity and FX trading, e-confirmation, equity execution, and investor and margin account management, in addition to providing pension services. DNB also caters to high-net-worth individuals through its private banking division. The bank serves a diverse array of industries, notably energy, financial institutions, healthcare, manufacturing, packaging and forest products, the seafood industry, shipping, offshore and logistics, and the telecom, media, and technology (TMT) sectors. Established in 1822, DNB Bank ASA has its headquarters situated in Oslo, Norway.

                    DNB ASA (D1N) Earnings & Revenues

                    D1N Company Deck

                    D1N Earnings Call

                    Q1 2026
                    0:00 / 0:00
                    Earnings Call Sentiment|Positive
                    The call presented a generally positive performance: strong fee growth, record asset management net inflows, solid profitability (ROE 14%, EPS NOK 6.5) and a robust capital position (CET1 18.1%). These positives were tempered by pressure on net interest income and margin (NII -5.4%, NIM -7bps), competition-driven spread compression (NOK 449m), and impairments of NOK ~644m largely from customer-specific situations. Management emphasizes portfolio quality, cost discipline, continued integration benefits from Carnegie, and preparedness on funding, while acknowledging macro and rate uncertainty. On balance, the favourable results, strong flows and capital strength outweigh the near-term earnings headwinds from margins and some sector-specific impairments.View all DE:D1N earnings summaries
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