DNB Bank (DNB) investor relations material

Financial performance and capital position

• Achieved resilient earnings in H1 2026 with NOK 19,681 million profit and a 14.3% ROE.

• CET1 ratio at 17.4%, well above the regulatory expectation of 16.4%.

• Cost/income ratio at 39.5%, maintaining strong operational efficiency.

• Continued low impairment levels, with a write-down ratio of 0.09%.

• Solid capital generation, with CET1 consistently above MDA trigger level.

Loan book and asset quality

• Loan portfolio is robust and diversified, with 99.4% in stage 1 and 2.

• Residential mortgage book is highly resilient, with 77% of loans below 75% LTV.

• Commercial real estate, oil-related, and shipping exposures are well managed and mostly low risk.

• Impairment provisions remain low across all segments.

• Norwegian lending regulations ensure prudent risk management.

Funding and liquidity

• Well-diversified deposit base, with ~70% in NOK and strong liquidity ratios.

• Outstanding long-term funding of ~EUR 52.8bn, including covered, senior, and green bonds.

• All covered bonds qualify as Level 1 assets under LCR regulation.

• MREL requirement of ~37% of adjusted REA, fully met with eligible debt.

• All bonds coming up for call have been called.