DNB ASA (DNBBY)
OTHER OTC:DNBBY
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Earnings Data
Report Date
Jul 13, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.7Last Year’s EPS
0.67Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
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.Company Guidance
Record Asset Management Net Inflows
Net inflows of NOK 20.4 billion in Q1 (record for a quarter) and NOK 65 billion over the last 12 months; assets under management only down 1.2% YoY despite market volatility, with strong retail contribution ( > NOK 5 billion this quarter).
Strong Profitability and Earnings
Return on equity of 14.0% for the quarter and 15.5% on a rolling 12-month basis; earnings per share of NOK 6.5 for Q1.
Robust Capital and Leverage Position
Common Equity Tier 1 (CET1) ratio of 18.1% with c.170 basis points headroom to regulatory/expected levels; leverage ratio strong at 6.5% (well above 3% requirement).
Significant Fee and Other Non‑Interest Income Growth
Net commission and fees up 18% YoY; Investment Banking Services +38% YoY; Asset Management and custodial services +34% YoY; sale of insurance products +19% YoY.
Loan and Deposit Growth
FX-adjusted loan growth +0.3% in Q1; Large Corporates lending growth +2.3% for the quarter (9.1% year/currency-adjusted); currency-adjusted deposits up 2.6% and customer segment deposit-to-loan ratio of 73.8%.
Cost Discipline and Seasonal Expense Reduction
Operating expenses down NOK 920 million vs Q4 (including NOK 51 million FX effect), driven by lower variable salaries, IT spending and absence of last quarter non-recurring charges; cost/income ratio reported at 38.7%.
Product and Customer Innovation Adoption
Launched new equity trading platform in Spare (1 in 4 trades in March executed on platform); Sbanken generative AI chatbot handling >75% of chat responses with high customer satisfaction; onboarding for customers <18 in <2 minutes.
Portfolio Quality Remains High
99.4% of exposures in Stage 1 and 2; management states no structural portfolio deterioration and impairments mainly customer-specific; continued low requests for installment holidays and fewer interest-only loans in retail.
Strategic Progress with Carnegie Integration
One year after closing Carnegie, integration progressing well with #1 equities ranking in each Nordic country and strong performance in investment banking and wealth management; acknowledging short-term cost-income impact but improved offering and revenue pipeline.
DNBBY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
DNBBY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 23, 2026 | $29.77 | $30.09 | +1.06% |
Feb 04, 2026 | $28.06 | $28.84 | +2.78% |
Oct 22, 2025 | $25.95 | $24.75 | -4.64% |
Jul 11, 2025 | $26.91 | $24.48 | -9.06% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does DNB ASA (DNBBY) report earnings?
DNB ASA (DNBBY) is schdueled to report earning on Jul 13, 2026, Before Open (Confirmed).
What is DNB ASA (DNBBY) earnings time?
DNB ASA (DNBBY) earnings time is at Jul 13, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is DNBBY EPS forecast?
DNBBY EPS forecast for the fiscal quarter 2026 (Q2) is 0.7.