1. Norway Stocks

  2. •

    Financial Services

  3. •

    Banks - Regional
DNB Bank ASA

DNB Bank ASA

DNB.OL
DNB Bank ASANO flagOslo Stock Exchange
284.40
NOK
-0.10
- -
413.30BMarket Cap
DNB Bank ASA
DNB.OL
(Oslo Stock Exchange)

Recent

price

284.40

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
36.23
32.85
37.15
28.41
30.19
33.22
31.32
31.54
31.25
34.39
36.02
35.73
42.18
52.87
56.73
60.67
45.53
Revenue per Share
9.13
7.98
8.48
10.75
12.67
15.22
11.83
13.42
15.16
16.25
12.77
16.34
21.52
25.69
30.61
29.54
21.76
Basic EPS, GAAP
-7.08
70.1
11.13
-61.87
-92.21
-26.47
131.37
-16.59
17.94
17.29
51.94
23.93
3.51
0.03
-106.42
47.43
-25.13
Free Cash Flow per Basic Share
1.76
4.01
2
2.1
2.7
3.8
4.5
5.71
7.15
8.28
- -
17.4
9.75
12.57
16.15
16.85
- -
Dividend per Share
10
10
10
10
10
9.99
10.01
9.96
9.95
9.92
9.97
12.5
12.5
12.34
12.39
12.39
12.39
Book Value per Share
64.09
65.94
74.22
83.17
93.66
113.06
123.24
130.01
136.41
149.59
156.25
153.59
154.53
168.42
182.3
185.64
190.57
Tangible Book Value per Share
1,623
1,626
1,627
1,628
1,628
1,628
1,628
1,625
1,602
1,583
1,555
1,550
1,550
1,537
1,495
1,474
1,466
Basic Weighted Avg Shares
58,805
53,401
60,460
46,259
49,137
54,078
50,975
51,254
50,053
54,446
55,997
55,390
65,387
81,251
84,820
89,445
66,773
Sales/Revenue/Turnover
30.8
- -
34.35
49.09
55.15
58.91
45.88
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
640
1,710
1,802
1,971
2,049
2,074
2,004
1,911
2,023
2,850
3,327
3,361
3,455
3,612
3,619
3,729
2,854
Depreciation Expense
14,814
12,979
13,792
17,511
20,617
24,772
19,251
21,803
24,282
25,726
19,854
25,329
33,356
39,478
45,771
43,547
31,914
Net Income, GAAP
22.76
29.46
22.96
22.91
23.85
22.11
17.7
18.82
15.5
17.5
17.73
22.84
18.26
21.43
16.53
18.53
18.64
Effective Tax Rate (%)
25.19
24.3
22.81
37.85
41.96
45.81
37.77
42.54
48.51
47.25
35.46
45.73
51.01
48.59
53.96
48.69
47.79
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
539,663
659,320
737,208
742,243
845,656
839,975
799,734
813,071
835,415
906,737
824,501
778,500
838,674
952,367
1,014,425
938,409
906,034
LT Debt
111,197
114,190
127,492
141,944
158,723
190,107
206,423
216,896
223,967
242,256
248,397
243,911
249,840
269,296
283,325
295,855
300,876
Total Equity
1.72
- -
1.51
1.6
1.81
2.06
1.63
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
91.27
79.89
84.8
107.6
126.68
152.3
118.31
134.31
151.18
162.57
127.23
145.23
172.13
205.95
244.16
236.7
173.93
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
1,461
1,453
Market Capitalization
402,344
415,379
441,705

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
- -
162,780
281,216
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.57%
3.61%
4.42%
Free Cash Flow
-37,125.66%
-74,106.28%
-143.95%
Net Income, GAAP
7.42%
17.74%
-4.86%
Sales/Revenue/Turnover
5.52%
10.21%
5.45%
Total Cash Common Dividend
- -
23.51%
2.82%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
20,208
21,313
21,833
21,462
84,820
2025
21,886
22,097
- -
23,132
89,445
2026
21,544
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
6.76
7.16
8.19
8.53
30.61
2025
7.31
7.06
- -
7.92
29.54
2026
6.78
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
16.07
- -
- -
16.15
2025
- -
- -
- -
- -
16.85
2026
- -
- -
- -
- -
- -
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Business
DNB Bank ASA operates as Norway's largest financial services group and bank, offering a comprehensive range of products and services to retail, corporate, securities, and public sector customers including savings accounts, current accounts, currency accounts, client accounts, tax withholding accounts, and pension accounts; fixed-rate and security deposits; home mortgages, cabin mortgages, construction loans, fixed-rate loans, car loans, consumer loans, business loans, and refinancing; home equity credit lines; car insurance, house insurance, home contents insurance, travel insurance, personal insurance, and non-life insurance products; payment services; online and mobile banking; cards; treasury management; working capital solutions; trade finance; equipment financing; real estate broking; corporate finance; investment banking through DNB Markets; leasing via Cresco; real estate agency services through DNB Eiendom; and asset management through DNB Asset Management for institutional clients in Norway and Sweden. The bank maintains a leading position in shipping finance, energy sector financing, fisheries, and aquaculture, with specialized operations as a global leader in currency exchange across more than 170 combinations. Founded in 1822 and headquartered in Oslo at Dronning Eufemias gate 30, DNB serves over 2.4 million retail customers and 239,000 corporate clients primarily in Norway through 61 branches, with international presence in 17-19 countries including branches and offices in Finland, Denmark, Germany, Luxembourg, the UK, the US, Brazil, Chile, China, Singapore, and Sweden. DNB Boligkreditt AS provides home credit as a wholly-owned subsidiary, while DNB Finans leads in financing products; the group employs around 10,917-11,515 full-time equivalents and manages assets exceeding NOK 3.6 trillion. In recent developments, DNB completed its acquisition of Carnegie Holding AB in March 2025, following an agreement in October 2024, to form DNB Carnegie and strengthen Nordic wealth management, investment banking, and asset management across Sweden, Denmark, Finland, and the UK; the bank also extended its strategic collaboration with Infosys in May 2025 to accelerate digital transformation using the Infosys Finacle platform for IT modernization, resilience enhancement, and improved customer experiences.