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DNB ASA (DNB.OL)

DNB.OL on Oslo Stock Exchange

154.50NOK
18 May 2018
Change (% chg)

kr1.35 (+0.88%)
Prev Close
kr153.15
Open
kr155.15
Day's High
kr155.90
Day's Low
kr151.35
Volume
3,416,202
Avg. Vol
2,280,421
52-wk High
kr164.30
52-wk Low
kr135.70

Latest Key Developments (Source: Significant Developments)

Nordic Semiconductor raises $103 million in share issue
Tuesday, 24 Apr 2018 04:30pm EDT 

April 24 (Reuters) - Nordic Semiconductor ASA ::PRIVATE PLACEMENT OF NOK 815 MILLION ($103.18 MILLION).PRIVATE PLACEMENT RECEIVED STRONG INTEREST FROM NORWEGIAN AND INTERNATIONAL HIGH QUALITY INVESTORS, AND WAS SUCCESSFULLY COMPLETED AT AN OFFER PRICE OF NOK 50.00.NORDIC SEMI: PROCEEDS WILL BE EMPLOYED TO SUPPORT REQUIREMENTS FOR HIGHER WORKING CAPITAL, SUPPLY CHAIN ENHANCEMENTS, RAMP TOWARDS NEW TIER 1 CUSTOMERS, AND CONTINUE INVESTMENTS TO EXPAND PRODUCT PORTFOLIO AND INTO GROWTH IN EXISTING AND FUTURE OPPORTUNITIES.RETAINED ABG SUNDAL COLLIER ASA AND DNB MARKETS, A PART OF DNB BANK ASA AS JOINT BOOKRUNNERS.  Full Article

DNB finalises share-buy back program
Tuesday, 20 Feb 2018 01:31pm EST 

Feb 20 (Reuters) - Dnb Asa ::SHARE BUY-BACK PROGRAM FINALISED.‍A TOTAL OF 5.4 MILLION SHARES HAVE BEEN REPURCHASE IN OPEN MARKET​.‍2.7 MILLION SHARES HELD BY NORWEGIAN GOVERNMENT WILL BE REDEEMED, SO THAT ITS OWNERSHIP INTEREST IN DNB ASA OF 34.0 PER CENT WILL REMAIN UNAFFECTED​.‍WEIGHTED AVERAGE PURCHASE/REDEMPTION PRICE FOR 5.4 MILLION SHARES IS NOK 155.68​.  Full Article

DNB Purchased 445,000 Own Shares At An Average Price Of Nok 152.6639 Per Share
Friday, 9 Feb 2018 11:02am EST 

Feb 9 (Reuters) - Dnb Asa ::PURCHASED 445,000 OWN SHARES AT AN AVERAGE PRICE OF NOK 152.6639 PER SHARE.AFTER THIS, DNB ASA OWNS A TOTAL OF 13,615,102 OWN SHARES.  Full Article

DNB ASA Purchased 400,000 Own Shares At An Average Price Of Nok 154.2028 Per Share
Thursday, 8 Feb 2018 10:49am EST 

Feb 8 (Reuters) - Dnb Asa ::PURCHASED 400,000 OWN SHARES AT AN AVERAGE PRICE OF NOK 154.2028 PER SHARE.AFTER THIS, DNB ASA OWNS A TOTAL OF 13,170,102 OWN SHARES.  Full Article

DNB Q4 net profit beats forecast
Thursday, 1 Feb 2018 01:42am EST 

Feb 1 (Reuters) - Dnb Asa ::DNB Q4 NET PROFIT NOK ‍6,374​ MILLION (REUTERS POLL NOK 5.31 BILLION).DNB PROPOSES 2017 DIVIDEND NOK ‍7.10​ PER SHARE (REUTERS POLL NOK 6.75 PER SHARE).DNB Q4 PRETAX PROFIT BEFORE IMPAIRMENTS NOK ‍7.3​ BILLION (REUTERS POLL NOK 7.85 BILLION).DNB Q4 NET INTEREST INCOME NOK 8.86‍​ BILLION (REUTERS POLL NOK 8.82 BILLION).DNB Q4 PRETAX OPERATING PROFIT NOK 6.82‍​ BILLION (REUTERS POLL NOK 6.87 BILLION).DNB Q4 LOAN LOSSES NOK 402‍​ MILLION (REUTERS POLL NOK 981 MILLION).‍COMMON EQUITY TIER 1 CAPITAL RATIO (TRANSITIONAL RULES) WAS 16.4 PER CENT (16.0)​.‍Q4 COST/INCOME RATIO WAS 45.3 PER CENT (41.2)​.‍DNB'S LONG-TERM AMBITION IS TO DISTRIBUTE A MINIMUM OF 50 PER CENT OF PROFITS AS DIVIDENDS TO ITS SHAREHOLDERS​.FOR THE FULL YEAR 2018, IMPAIRMENT LOSSES ARE EXPECTED TO REPRESENT APPROXIMATELY 17 BASIS POINTS OF EXPOSURE AT DEFAULT, OR AROUND NOK 3 BILLION‍​.DNB’S AMBITION IS TO HAVE A COST/INCOME RATIO BELOW 40 PER CENT TOWARDS 2019.VOLUME-WEIGHTED SPREADS ARE EXPECTED TO BE STABLE, WHILE THE ANNUAL INCREASE IN LENDING VOLUMES IS ANTICIPATED TO BE 3 TO 4 PER CENT IN 2018 AND 2019.DURING THIS PERIOD, HIGHER GROWTH IN LENDING VOLUMES IS EXPECTED FOR PERSONAL CUSTOMERS AND SMALL AND MEDIUM-SIZED ENTERPRISES, WHILE THE GROUP WILL CONTINUE TO ACTIVELY REDUCE ITS LENDING VOLUMES TO LARGE CORPORATES AND INTERNATIONAL CUSTOMERS IN CYCLICAL INDUSTRIES.  Full Article

Norway's DNB plans new share buy-back programme
Thursday, 1 Feb 2018 01:30am EST 

Feb 1 (Reuters) - Dnb Asa ::INITIATING SHARE BUY-BACK PROGRAMME.‍NEW SHARE BUY-BACK PROGRAMME WOULD COMPRISE UP TO 0.5% OF ITS REGISTERED SHARES, REPRESENTING A TOTAL OF APPROXIMATELY 8.1 MILLION SHARES​.  Full Article

DNB's mortgage lending could grow another 5 pct in 2018 -CEO
Tuesday, 9 Jan 2018 07:58am EST 

Jan 9 (Reuters) - DNB Chief Executive Rune Bjerke told Reuters on the sidelines of a business conference on Tuesday::DNB'S 2018 GROWTH IN MORTGAGE LENDING SHOULD MATCH, OR ALMOST MATCH, THE 5 PERCENT GUIDED FOR 2017 .DNB'S MORTGAGE PORTFOLIO IS ROCK SOLID.DNB'S ACCUMULATED 2016-2018 LENDING LOSSES WILL BE "WELL BELOW" THE BANK'S GUIDING OF "UP TO" NOK 18 BILLION.  Full Article

DNB ASA announces buyback of 225,000 shares at Nok 150.12 per share​
Tuesday, 5 Dec 2017 11:01am EST 

Dec 5 (Reuters) - DNB ASA ::SAYS ‍DNB ASA HAS ON 5 DECEMBER 2017 PURCHASED 225,000 OWN SHARES AT AN AVERAGE PRICE OF NOK 150.1202 PER SHARE​.  Full Article

DNB says no fear of loan losses from Norway's housing market
Tuesday, 21 Nov 2017 07:49am EST 

Nov 21 (Reuters) - DNB ASA Chief Executive Rune Bjerke::Says DNB has no fear of loan losses from Norway's housing market.  Full Article

Norwegian banks to combine payment units Vipps, BankAxept, BankID -Eika
Friday, 17 Nov 2017 03:17am EST 

Nov 17 (Reuters) - Banking group Eika said in a statement on Friday::Norwegian banks agree to combine payment units Vipps, BankAxept and BankID Norge to improve product offering and prepare for competition against global tech firms.A news conference will be held at 0900 GMT (1000 CET).  Full Article

BRIEF-DNB's chair of board buys 7,000 shares, price NOK 150.24/share

* OLAUG SVARVA, CHAIR OF THE BOARD IN DNB ASA, HAS 27 APRIL 2018 THROUGH HER PERSONAL INVESTMENT COMPANY PRIMECON AS BOUGHT 7,000 SHARES IN DNB ASA AT A SHARE PRICE OF NOK 150.24