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DNB ASA (DNB.OL)

DNB.OL on Oslo Stock Exchange

157.70NOK
16 Feb 2018
Change (% chg)

kr-0.15 (-0.10%)
Prev Close
kr157.85
Open
kr158.65
Day's High
kr158.90
Day's Low
kr156.60
Volume
2,051,825
Avg. Vol
1,944,967
52-wk High
kr164.30
52-wk Low
kr131.90

Latest Key Developments (Source: Significant Developments)

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

DNB ASA says ‍purchased 910,000 own shares at an average price of NOK 159.06 per share​
Friday, 10 Nov 2017 12:22pm EST 

Nov 10 (Reuters) - DNB ASA -:‍Purchased 910,000 own shares at an average price of NOK 159.06 per share​.  Full Article

DNB Q3 pretax result before losses in line with forecast, keeps 2017-2019 guidance
Thursday, 26 Oct 2017 01:30am EDT 

Oct 26 (Reuters) - Dnb Asa :q3 pretax profit before impairments nok ‍7.4​ billion (reuters poll nok 7.39 billion).q3 net profit nok ‍5,648​ million (reuters poll nok 4.67 billion).following the establishment of vipps as as a separate company, dnb recorded a gain which gave a nok 754 million rise in profits in the third quarter of 2017.Maintains 2017-2019 financial guidance.‍return on equity was 11.2 per cent (8.5)​.‍cost/income ratio was 42.7 per cent (40.6)​.‍common equity tier 1 capital ratio (transitional rules) was 16.3 per cent (15.7)​.lending volumes are expected to increase by around 2 per cent in 2017‍​.aims to increase commission and fee income by approximately 3 per cent per year.q3 net interest income nok 9.01‍​ billion (reuters poll nok 9.05 billion).q3 loan losses nok 867‍​ million (reuters poll loss nok 1.07 billion).q3 pretax operating profit nok 7.29‍​ billion (reuters poll nok 6.31 billion).the group aspires to have a dividend payout ratio of more than 50 per cent from 2017 and to increase the nominal dividend per share each year.‍dnb's profit performance has improved in all customer segments, ranging from private individuals to largest companies​.Dnb asa: dnb may decide to initiate further buy-backs, up to the approved limit of 1.5 per cent, and will use buy-backs as a tool to pay out excess capital.Dnb asa: the tax rate is expected to be 23 per cent in the period from 2017 to 2019.  Full Article

BRIEF-Bank DNB starts new buyback programme

* NEW SHARE BUY-BACK PROGRAMME WOULD ALSO COMPRISE UP TO 0.5% OF ITS REGISTERED SHARES, REPRESENTING A TOTAL OF APPROXIMATELY 8.1 MILLION SHARES.