reports
- Charlotte Cervin
- Elisabeth Rudman
- Maria Jesus Parra
- Maria Jesus Parra
- William Schwartz
- Elisabeth Rudman
- Mario De Cicco
- Mario De Cicco
- Ross Abercromby
- Mario De Cicco
- Ross Abercromby
- Elisabeth Rudman
- Mario De Cicco
DNB Q1 Profit Up on LLPs Reversals; Efficiency Remains Strong
DNB ASA (DNB or the Group) reported a net profit of NOK 5,885 million compared to NOK 4,000 million in Q1 2020 and NOK 5,274 million in Q4 2020. The increase was mostly attributable to reversals of loan loss provisions (LLPs) in Q1 2021. As a result, DNB reported a Return-on-Equity (ROE) of 10% in Q1 2021 vs. 6.5% in Q1 2020 and 8.9% in Q4 2020.
- Elisabeth Rudman
- Mario De Cicco
DNB FY20 Profit Down on High Oil-Related LLPs; Efficiency Remains Stro...
DNB ASA (DNB or the Group) reported a net profit of NOK 19,840 million in 2020, down 23% compared to 2019. The reduction was almost entirely attributable to higher loan loss provisions (LLPs) taken in 2020. On a quarterly basis, net profit was NOK 5,274 million, down 5% Quarter-on-Quarter (QoQ) and 11% Year-on-Year (YoY). DNB reported a Return-on-Equity (ROE) of 8.4% in 2020 vs. 11.7% in 2019. The Group maintains a ROE target of above 12% by 2023.
- Elisabeth Rudman
- Mario De Cicco
- Elisabeth Rudman
- Vitaline Yeterian
DNB Q3 Shows Positive Momentum in the Norwegian Economy; Cost of Risk ...
DNB ASA (DNB or the Group) reported a net profit attributable to shareholders of NOK 5.3 billion in Q3 2020, up 11.1% Quarter-on-Quarter (QoQ) but down 8% Year-on-Year (YoY). The improvement on a quarterly basis was supported by impairment reversals on loans and guarantees, on the back of more positive economic prospects in the Norwegian economy than previously anticipated. The Group's Return on Equity (ROE) improved to 9.5% QoQ (vs. 8.7% in Q2 2020), but was below the 10.9% ROE reported in Q3 2...
- Andrea Costanzo
- Elisabeth Rudman
- Vitaline Yeterian
- Elisabeth Rudman
- Vitaline Yeterian
- Andrea Costanzo
- Elisabeth Rudman
- Vitaline Yeterian
DNB Q2 Shows Signs of Recovery; Oil-Related Segment Outlook Remains Ch...
DNB ASA (DNB or the Group) reported a net profit attributable to shareholders of NOK 4.8 billion in Q2 2020, up 33.5% Quarter-on-Quarter (QoQ) but down 19% Year-on-Year (YoY). The sizeable improvement on a quarterly basis was primarily driven by lower impairments on loans and guarantees, on the back of a more benign environment foreseen in the coming quarters compared to expectations in Q1 2020. The Group's Return on Equity (ROE) improved to 8.7% in Q2 2020 from 6.5% in Q1 2020.
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.