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DNB 1Q24 Intial View - Spread Positive.

FINANCIALS

DNB 1Q24 results headlines – net profit beat which looks driven by costs and loan losses. Positive macro outlook comments and CET1 above estimates. Initial view: spread positive. More to follow...


  • DNB BANK 1Q NET INCOME NOK9.79B, EST. NOK9.4B
  • DNB BANK 1Q CET1 RATIO 19%, EST. 18.3%
  • DNB BANK 1Q TOTAL INCOME NOK20.40B, EST. NOK20.68B
  • DNB BANK 1Q NET INTEREST INCOME NOK15.53B, EST. NOK15.94B
  • DNB BANK 1Q EPS NOK6.48, EST. NOK6.16
  • DNB Bank: Stronger Than Expected Start to Year Adds Weight to Belief That Norwegian Economy is Heading for Soft Landing
  • DNB Bank Says Strong Results Partly Driven by Positive Trend in Corporate Market

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