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DNB ASA (DE:D1N)
FRANKFURT:D1N
Holding DE:D1N?
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Earnings Data
Report Date
Feb 05, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.55Last Year’s EPS
0.55Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 29, 2021
|% Change Since: 10.87%
|Next Earnings Date:Feb 10, 2021
Earnings Call Sentiment|Neutral
The earnings call presented a generally positive picture with strong financial performance, including high return on equity, increased net interest income, and robust economic indicators for Norway. However, there were concerns regarding cost management, deposit volume reductions, and uncertainties in capital requirements, which could affect future distributions.Company Guidance
In the DNB Q3 2024 earnings call, a comprehensive overview of the economic and financial performance was provided. Key metrics highlighted include the Norwegian mainland GDP growth, which rose by 0.1% in Q2 and is projected to grow by 0.6% for the full year, with a modest increase to 1.1% in 2025. Unemployment remains low at 2%, while inflation has gradually declined but still exceeds the Central Bank's targets. Wage growth is expected to be 5.2% this year, tapering to 3.3% by 2027. The bank's return on equity stood at a robust 18.9%, with net interest income rising by 2% from the previous quarter. Loan growth was observed across segments, notably a 4.7% increase in large corporate loans. Deposit volumes decreased by 4.1%, influenced by seasonal factors. The bank also reported an 11.1% increase in net commission and fees compared to the previous year. Solid asset quality was maintained, with impairment provisions totaling NOK 170 million, and the core Tier 1 capital ratio remained strong at 19%. Earnings per share saw a 22.5% rise from Q3 2023, and the key policy rate is expected to remain steady until March 2025 before gradually decreasing.Strong Return on Equity
Return on equity reached 18.9% for the quarter, with an adjusted value of 18% after accounting for a one-off gain.
Net Interest Income Growth
Net interest income increased by 2% from the last quarter, driven by lending growth and increased activity.
Robust Norwegian Economy
Norwegian mainland GDP rose by 0.1% in Q2, with a full-year projected growth of 0.6% and a low unemployment rate of 2%.
Record Net Commission and Fees
Net commission and fees increased by 11.1% from the corresponding quarter last year, marking an all-time high third quarter.
Earnings Per Share Increase
Earnings per share rose by 22.5% from the third quarter of 2023.
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DE:D1N 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
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DE:D1N Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 22, 2024 | €18.40 | €18.70 | +1.63% |
| Jul 11, 2024 | €17.50 | €17.50 | 0.00% |
| Apr 23, 2024 | €17.80 | €17.70 | -0.56% |
| Jan 31, 2024 | €18.30 | €18.20 | -0.55% |
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.
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FAQ
When does DNB ASA (DE:D1N) report earnings?
DNB ASA (DE:D1N) is schdueled to report earning on Feb 05, 2025, TBA Not Confirmed.
What is DNB ASA (DE:D1N) earnings time?
DNB ASA (DE:D1N) earnings time is at Feb 05, 2025, TBA Not 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 the P/E ratio of DNB ASA stock?
The P/E ratio of DNB ASA is N/A.
What is DE:D1N EPS forecast?
DE:D1N EPS forecast for the fiscal quarter 2024 (Q4) is 0.55.
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