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DNB Bank (DNB) investor relations material
DNB Bank Pre-close call summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q1 2026 results are expected to reflect previously disclosed information, with no new updates provided during the call.
Seasonally lower activity in Q1 compared to Q4 is anticipated to impact several income and cost lines.
Trading performance and revenue trends
Net interest income (NII) will be negatively impacted by two fewer interest days in Q1, reducing NII by about NOK 240 million.
Strengthening of NOK and seasonally lower activity are expected to further reduce NII.
Regulatory changes to tax accounts effective January 1 will reduce annual NII by approximately NOK 300 million.
Net commission, fees, and FICC revenues are expected to be seasonally lower in Q1.
Non-recurring positive NII effects of NOK 171 million were booked in Q4.
Profitability and margins
Customer repricing following a 25 bps policy rate cut will have full impact in Q1.
Ordinary dividend of NOK 1.9 billion from DNB Liv will be booked in Q1, adding about 15 bps to CET1.
Non-recurring costs of NOK 200 million, including NOK 50 million for Carnegie integration, were booked in Q4.
Up to NOK 200 million in further Carnegie integration costs expected in 2026.
- Solid profitability, strong capital, ESG leadership, and robust digital and funding platforms.DNB
Investor presentation26 Mar 2026 - Solid profitability, strong capital, and ESG leadership with robust digital and funding platforms.DNB
Investor presentation20 Mar 2026 - Green finance framework allocates NOK 203bn to climate assets, targeting net zero by 2050.DNB
ESG presentation20 Mar 2026 - Strong Q4 2025: 16.6% ROE, NOK 18 dividend, and solid capital despite higher costs.DNB
Q4 2025 (Media)4 Feb 2026 - Q4 2025 delivered strong growth, high returns, and an 86% payout ratio.DNB
Q4 20254 Feb 2026 - Q2 profit up 13.8% to NOK 10.8bn, with record fees, 16.6% ROE, and CET1 at 19.0%.DNB
Q2 20243 Feb 2026 - Q2 profit was NOK 10,442m, with strong capital and fee growth, and 15.4% ROE.DNB
Q2 20253 Feb 2026 - ROE at 16.6%, profit up 13.8% YoY, and record fee income support a strong outlook.DNB
Q2 2024 (Media)3 Feb 2026 - Muted loan growth, strong CET1, and margin pressures from deposit shifts and regulatory risks.DNB
Pre-Close Call3 Feb 2026
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