The earnings call showcases a strong financial performance with significant growth in fees and a robust capital position. However, challenges such as global trade tensions and specific impairments present risks. The overall sentiment is leaning towards positive due to the strong core performance and strategic positioning with the Carnegie acquisition.
Company Guidance -
Q1 2025
During DNB's Analyst Call for the first quarter of 2025, the bank provided comprehensive guidance detailing its financial performance and strategic outlook. The Norwegian economy remained stable, with low unemployment at approximately 2% and the Central Bank maintaining a policy rate of 4.5%, expected to decrease to 4% by year-end. DNB reported a return on equity of 15.9%, with net interest income (NII) down 1.8% from the previous quarter but up 5.7% from the same period in 2024, influenced by growth in loans and deposits. Net commission and fees surged by 29.5% year-on-year, driven significantly by the inclusion of Carnegie, marking a record high for the quarter. Loan growth was modest, with personal customers increasing by 0.8% and small and medium-sized enterprises by 0.5%, while large corporate volumes remained stable. The bank's capital position remained robust with a Core Tier 1 capital ratio at 18.5%, and it announced plans to apply for a 1% share buyback. Additionally, impairment provisions totaled NOK 410 million, and the bank received authorization to buy back up to 3.5% of outstanding shares.
Strong Performance Across the Board
DNB reported a strong performance with a return on equity of 15.9%. Net interest income (NII) was down 1.8% from the fourth quarter but up 5.7% from the first quarter of 2024. The company also saw a 29.5% increase in net commission and fees, with a record high quarter for commission and fees.
Inclusion of Carnegie
The inclusion of Carnegie as of March has positioned DNB well for future fee-related income. The merger is expected to create a Nordic powerhouse in investment banking and wealth management.
Robust Capital Position
DNB maintains a robust capital position with a core Tier 1 capital ratio of 18.5%, even after accounting for the acquisition of Carnegie.
Positive Economic Outlook
The Norwegian economy remains robust with low unemployment levels around 2% and a moderate growth outlook. The Central Bank is expected to cut the policy rate twice this year to end at 4% by year-end.
DNB ASA (DNBBY) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
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
May 07, 2025
$25.39
$26.38
+3.90%
Feb 05, 2025
$21.34
$21.69
+1.64%
Oct 22, 2024
$20.44
$21.65
+5.92%
Jul 11, 2024
$19.13
$20.29
+6.06%
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 11, 2025, Before Open (Confirmed).
What is Dnb Asa (DNBBY) earnings time?
Dnb Asa (DNBBY) earnings time is at Jul 11, 2025, 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.