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DNB Bank ASA (DNB.OL)

NOK293.30 -5.20 (-1.74%)
NO OSL Financial Services Banks - Regional
Address Dronning Eufemias gate 30 191
Oslo, NO
CEO Kjerstin Rasmussen Braathen
Website dnb.no
IPO 2000-01-03
ISIN NO0010161896

Explore sections of this company profile

Also trades on London Stock Exchange · 0O84.L (NOK) Oslo Stock Exchange · DNB.OL (NOK) Other OTC · DNBBF (USD) Other OTC · DNBBY (USD)
Description

DNB Bank ASA functions as a comprehensive financial services provider, serving both individual retail customers and corporate entities across Norway and internationally. For its personal banking clientele, DNB offers a broad spectrum of solutions, including various savings and investment products, a full suite of loans like home mortgages, auto, and consumer loans, alongside diverse insurance offerings for pets, homes, property, travel, and vehicles. The bank also assists with retirement savings, facilitates foreign exchange and treasury activities, and delivers convenient digital banking platforms through internet and mobile services, in addition to issuing cards. The business banking division supports enterprises with an extensive array of products, encompassing savings and investment instruments such as savings accounts, fixed-rate deposits, exchange-traded products, bonds, commercial papers, asset management, and equity services. Financing solutions are robust, featuring installment loans, overdraft facilities, bank guarantees, leasing, factoring, and trade and export financing. DNB also provides sophisticated transaction banking, research, and advisory services covering commodities, corporate finance, debt capital markets, equities, foreign exchange, interest rates, and comprehensive securities services. Digital offerings for businesses include online equity and FX trading, e-confirmation, equity execution, and investor/margin accounts, complemented by pension services. Beyond these, DNB's investment banking arm specializes in mergers and acquisitions, equity and debt capital market operations, providing expert services in foreign exchange, interest rates, equities, commodities, fixed income, research, and private equity. The bank also extends specialized corporate banking and exclusive private banking services. DNB serves a diverse range of key industries, including energy, financial institutions, healthcare, manufacturing, packaging and forest products, seafood, shipping, offshore and logistics, and the telecom, media, and technology sectors. Established in 1822, DNB Bank ASA maintains its headquarters in Oslo, Norway.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
NOK293.30 -5.20 (-1.74%)
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Volume Profile
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Liquidity & share structure
Average Volume
2M
Beta
0.34
Float Shares
768.27M
Free Float %
52.9%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.38% -1.68% +2.42% -4.68% +6.25% +1.38% +5.16% +55.18% +55.77% +166.36% +819.97%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
293.30
DCF (Unlevered) 1,879.48 +540.8%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 18% Bullish
Rating 2026-05 Change
Strong Buy 2 0
Buy 1 0
Hold 12 -2
Sell 2 0
Strong Sell 0 0
Quality scores
Altman Z-Score
-0.36
Distress
Piotroski F-Score
5 / 9
Average
Composite Rating
B-
Overall Score
2 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
4 / 5
High
ROA Score
3 / 5
Medium
D/E Score
1 / 5
Low
P/E Score
3 / 5
Medium
P/Book Score
2 / 5
Medium
Operational MOAT
  • ✗
    Revenue growth
    -5.9% Q1'26: -13.6% (vs Q1'25)
  • ✗
    EPS growth
    -3.0% Q1'26: -7.7% (vs Q1'25)
  • —
    FCF margin
    — Q1'26: +266.7% (vs Q1'25)
  • —
    EBIT margin
    — Q1'26: +28.1% (vs Q1'25)
  • —
    ROIC
    — Q1'26: +4.3% (vs Q1'25)
  • ✓
    Share dilution
    -1.4% Q1'26: -1.8% (vs Q1'25)
  • —
    Debt / EBITDA
    — Q1'26: 16.60× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
▶ WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.34) × ERP
WACC = 31% × Ke + 69% × Kd (12.0%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
—
Intrinsic value (base): 1,879.48 Current price: 293.30
Enterprise Value: — Equity Value: — Terminal Value: — TV as % of EV: —

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2000
actual 		Dec 2001
actual 		Dec 2002
actual 		Dec 2003
actual 		Dec 2004
actual 		Dec 2005
actual 		Dec 2006
actual 		Dec 2007
actual 		Dec 2008
actual 		Dec 2009
actual 		Dec 2010
actual 		Dec 2011
actual 		Dec 2012
actual 		Dec 2013
actual 		Dec 2014
actual 		Dec 2015
actual 		Dec 2016
actual 		Dec 2017
actual 		Dec 2018
actual 		Dec 2019
actual 		Dec 2020
actual 		Dec 2021
actual 		Dec 2022
actual 		Dec 2023
actual 		Dec 2024
actual 		Dec 2025
actual 		Dec 2026
14 Rev. Ana.
14 EPS Ana. 		Dec 2027
15 Rev. Ana.
13 EPS Ana. 		Dec 2028
14 Rev. Ana.
10 EPS Ana. 		Dec 2029
9 Rev. Ana.
4 EPS Ana.
Revenue
11.00B
est.
13.15B
est.
25.51B
est: 12.17B (+109.6%)
48.05B
est: 22.07B (+117.7%)
51.40B
est: 22.55B (+127.9%)
58.52B
est: 25.28B (+131.5%)
74.32B
est: 28.66B (+159.3%)
101.38B
est: 31.16B (+225.3%)
97.14B
est: 33.25B (+192.1%)
91.13B
est: 38.64B (+135.8%)
88.76B
est: 38.70B (+129.4%)
88.22B
est: 40.69B (+116.8%)
96.31B
est: 41.86B (+130.1%)
76.47B
est: 46.75B (+63.6%)
78.10B
est: 50.50B (+54.6%)
76.25B
est: 53.93B (+41.4%)
69.29B
est: 52.03B (+33.2%)
69.70B
est: 50.99B (+36.7%)
70.89B
est: 49.79B (+42.4%)
80.59B
est: 55.02B (+46.5%)
72.67B
est: 55.68B (+30.5%)
63.59B
est: 55.56B (+14.5%)
97.09B
est: 64.56B (+50.4%)
180.35B
est: 80.18B (+124.9%)
214.18B
est: 85.71B (+149.9%)
201.48B
est: 89.69B (+124.6%)
89.95B
88.40B – 90.85B
+0.3% YoY
92.94B
90.87B – 94.68B
+3.3% YoY
95.29B
95.18B – 95.40B
+2.5% YoY
98.88B
96.93B – 100.31B
+3.8% YoY
EBITDA
4.33B
est.
5.17B
est.
3.75B
est: 4.79B (-21.6%)
7.69B
est: 8.68B (-11.4%)
11.45B
est: 18.61B (-38.5%)
13.76B
est: 9.94B (+38.4%)
15.40B
est: 11.27B (+36.6%)
18.44B
est: 12.26B (+50.4%)
13.33B
est: 13.08B (+1.9%)
11.66B
est: 15.20B (-23.3%)
18.75B
est: 15.22B (+23.2%)
20.12B
est: 16.01B (+25.7%)
19.58B
est: 16.47B (+18.9%)
24.68B
est: 18.39B (+34.2%)
29.15B
est: 19.87B (+46.7%)
33.95B
est: 21.21B (+60.0%)
25.39B
est: 51.75B (-50.9%)
28.77B
est: 40.29B (-28.6%)
31.00B
est: 43.40B (-28.6%)
34.09B
est: 21.64B (+57.5%)
27.17B
est: 21.90B (+24.1%)
36.03B
est: 54.82B (-34.3%)
44.03B
est: 56.76B (-22.4%)
54.05B
est: 30.09B (+79.6%)
58.50B
est: 31.94B (+83.1%)
57.15B
est: 33.66B (+69.8%)
33.76B
33.18B – 34.10B
+0.3% YoY
34.88B
34.11B – 35.53B
+3.3% YoY
35.76B
35.72B – 35.80B
+2.5% YoY
37.11B
36.38B – 37.65B
+3.8% YoY
EBIT
4.00B
est.
6.28B
est.
3.27B
est: 4.34B (-24.7%)
6.68B
est: 5.92B (+12.7%)
10.48B
est: 3.92B (+167.6%)
13.11B
est: 10.91B (+20.1%)
14.69B
est: 14.86B (-1.1%)
17.41B
est: 15.97B (+9.0%)
12.17B
est: 18.58B (-34.5%)
11.03B
est: 14.17B (-22.2%)
18.11B
est: 10.96B (+65.3%)
18.41B
est: 19.09B (-3.6%)
17.78B
est: 18.94B (-6.1%)
22.71B
est: 19.64B (+15.6%)
27.10B
est: 24.37B (+11.2%)
31.87B
est: 29.38B (+8.5%)
23.39B
est: 30.76B (-24.0%)
26.86B
est: 22.92B (+17.2%)
28.98B
est: 26.28B (+10.3%)
31.24B
est: 31.99B (-2.4%)
23.85B
est: 31.80B (-25.0%)
32.67B
est: 30.46B (+7.3%)
40.58B
est: 31.54B (+28.7%)
50.44B
est: 27.78B (+81.5%)
54.88B
est: 29.49B (+86.1%)
53.40B
est: 31.08B (+71.8%)
31.17B
30.63B – 31.48B
+0.3% YoY
32.21B
31.49B – 32.81B
+3.3% YoY
33.02B
32.98B – 33.06B
+2.5% YoY
34.26B
33.59B – 34.76B
+3.8% YoY
Net Income
3.46B
est.
4.80B
est.
2.33B
est: 3.80B (-38.5%)
4.96B
est: 4.23B (+17.3%)
8.24B
est: 3.08B (+167.5%)
10.13B
est: 8.28B (+22.4%)
11.67B
est: 11.50B (+1.5%)
14.78B
est: 12.68B (+16.5%)
9.21B
est: 15.77B (-41.6%)
8.59B
est: 10.73B (-20.0%)
14.81B
est: 8.53B (+73.8%)
12.98B
est: 15.62B (-16.9%)
13.79B
est: 13.35B (+3.3%)
17.51B
est: 15.25B (+14.8%)
20.62B
est: 18.80B (+9.6%)
24.77B
est: 22.35B (+10.8%)
19.25B
est: 23.55B (-18.2%)
21.80B
est: 18.28B (+19.3%)
24.28B
est: 20.41B (+18.9%)
25.73B
est: 25.74B (-0.1%)
19.85B
est: 25.05B (-20.7%)
25.33B
est: 23.99B (+5.6%)
33.36B
est: 24.84B (+34.3%)
39.48B
est: 37.84B (+4.3%)
45.77B
est: 40.53B (+12.9%)
43.55B
est: 40.88B (+6.5%)
38.42B
37.41B – 40.86B
-6.0% YoY
41.59B
39.27B – 43.90B
+8.2% YoY
42.87B
40.72B – 45.03B
+3.1% YoY
44.82B
43.67B – 45.66B
+4.5% YoY
SGA
8.54B
est.
10.11B
est.
6.48B
est: 8.92B (-27.4%)
3.86B
est: 18.53B (-79.2%)
3.68B
est: 11.36B (-67.6%)
10.57B
est: 17.69B (-40.3%)
599.00M
est: 218.71M (+173.9%)
662.00M
est: 237.79M (+178.4%)
725.00M
est: 253.73M (+185.7%)
572.00M
est: 32.52B (-98.2%)
812.00M
est: 295.30M (+175.0%)
949.00M
est: 310.53M (+205.6%)
904.00M
est: 38.46B (-97.6%)
847.00M
est: 356.77M (+137.4%)
863.00M
est: 48.92B (-98.2%)
859.00M
est: 27.09B (-96.8%)
815.00M
est: 25.86B (-96.8%)
810.00M
est: 32.86B (-97.5%)
749.00M
est: 28.38B (-97.4%)
821.00M
est: 29.82B (-97.2%)
693.00M
est: 29.94B (-97.7%)
675.00M
est: 28.68B (-97.6%)
841.00M
est: 29.69B (-97.2%)
916.00M
est: 538.44M (+70.1%)
913.00M
est: 29.74B (-96.9%)
999.00M
est: 602.33M (+65.9%)
604.03M
593.68M – 610.10M
+0.3% YoY
624.17M
610.27M – 635.81M
+3.3% YoY
639.90M
639.17M – 640.63M
+2.5% YoY
664.04M
650.93M – 673.61M
+3.8% YoY
EPS
4.44
est.
4.61
est.
2.88
est: 2.92 (-1.3%)
2.74
est: 3.63 (-24.6%)
4.89
est: 4.88 (+0.3%)
7.22
est: 6.28 (+14.9%)
8.29
est: 7.80 (+6.3%)
10.53
est: 8.31 (+26.8%)
6.91
est: 6.89 (+0.3%)
6.43
est: 5.99 (+7.3%)
9.13
est: 7.45 (+22.6%)
7.98
est: 7.66 (+4.2%)
8.39
est: 8.37 (+0.3%)
10.76
est: 10.41 (+3.4%)
12.67
est: 12.60 (+0.6%)
15.21
est: 13.52 (+12.5%)
11.83
est: 10.45 (+13.2%)
13.42
est: 12.11 (+10.8%)
15.16
est: 13.98 (+8.4%)
16.25
est: 14.71 (+10.5%)
12.04
est: 11.02 (+9.3%)
15.74
est: 15.73 (+0.1%)
21.02
est: 18.75 (+12.1%)
24.83
est: 25.76 (-3.6%)
29.34
est: 27.59 (+6.3%)
28.45
est: 27.68 (+2.8%)
26.60
25.37 – 27.72
-3.9% YoY
27.85
26.64 – 29.78
+4.7% YoY
28.99
27.62 – 30.54
+4.1% YoY
30.40
29.62 – 30.97
+4.9% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 B- 2/5 1/5 4/5 3/5 1/5 3/5 2/5
2026-05-28 B- 2/5 1/5 4/5 3/5 1/5 3/5 2/5
2026-05-27 B- 2/5 1/5 4/5 3/5 1/5 3/5 2/5
2026-05-26 B- 2/5 1/5 4/5 3/5 1/5 3/5 2/5
2026-05-22 B- 3/5 1/5 4/5 4/5 1/5 3/5 2/5
2026-05-21 B- 3/5 1/5 4/5 4/5 1/5 3/5 2/5
2026-05-20 B- 3/5 1/5 4/5 4/5 1/5 3/5 2/5
2026-05-19 B- 3/5 1/5 4/5 4/5 1/5 3/5 2/5
2026-05-18 B- 3/5 1/5 4/5 4/5 1/5 3/5 2/5
2026-05-15 B- 3/5 1/5 4/5 4/5 1/5 3/5 2/5
2026-05-13 B- 3/5 1/5 4/5 4/5 1/5 3/5 2/5
2026-05-12 B- 3/5 1/5 4/5 4/5 1/5 3/5 2/5
2026-05-11 B- 3/5 1/5 4/5 4/5 1/5 3/5 2/5
2026-05-08 B- 3/5 1/5 4/5 4/5 1/5 3/5 2/5
2026-05-07 B- 3/5 1/5 4/5 4/5 1/5 3/5 2/5
2026-05-06 B- 3/5 1/5 4/5 4/5 1/5 3/5 2/5
2026-05-05 B- 3/5 1/5 4/5 4/5 1/5 3/5 2/5
2026-05-04 B- 3/5 1/5 4/5 4/5 1/5 3/5 2/5
2026-04-30 B- 3/5 1/5 4/5 4/5 1/5 3/5 2/5
2026-04-29 B- 3/5 1/5 4/5 4/5 1/5 3/5 2/5
2026-04-28 B- 3/5 1/5 4/5 4/5 1/5 3/5 2/5
2026-04-27 B- 3/5 1/5 4/5 4/5 1/5 3/5 2/5
2026-04-24 B- 3/5 1/5 4/5 4/5 1/5 3/5 2/5
2026-04-23 B- 3/5 1/5 4/5 4/5 1/5 3/5 2/5
2026-04-22 B- 3/5 1/5 4/5 4/5 1/5 3/5 2/5
2026-04-21 B- 3/5 1/5 4/5 4/5 1/5 3/5 2/5
2026-04-20 B- 3/5 1/5 4/5 4/5 1/5 3/5 2/5
2026-04-17 B 3/5 1/5 4/5 5/5 1/5 3/5 2/5
2026-04-16 B 3/5 1/5 4/5 5/5 1/5 3/5 2/5
2026-04-15 B 3/5 1/5 4/5 5/5 1/5 3/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-55.04B
OE per share TTM
-36.49
Owner's Yield
-13.16%
Maintenance CapEx ratio
11.74%
Maint CapEx / Avg PPE
16.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
—
Total invested
—
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
4.77M
Shares Outstanding
1.45B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Kjerstin Rasmussen Braathen Group Chief Executive Officer 16M female
Morten Opstad Group Executive Vice President of DNB Carnegie 15M male
Harald Serck-Hanssen Group Executive Vice President of Large Corporates & International 9M male
Rasmus Aage T. Figenschou Chief Financial Officer & EVice President of Corporate Market 7M male
Maria Ervik Loevold Group EVP of the Retail Market & Personal Banking and COO 6M female
Hakon Elvekrok Hansen Group Executive Vice President of Wealth Management 6M male
Elin Sandnes Group Executive Vice President of Technology & Services 5M female
Fredrik Berger Group Executive Vice President of Group Compliance & Group Chief Compliance Officer 5M male
Even Graff Westerveld Group Executive Vice President of People & Communication 5M male
Per Kristian Naess-Fladset Group Executive Vice President of Products, Data & Innovation 5M male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

Share your view on this stock and instantly see how the community has voted over the last 6 months.

These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits

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