Financials DNB Bank ASA

Equities

DNB

NO0010161896

Banks

Market Closed - Oslo Bors 10:45:00 2024-04-26 am EDT 5-day change 1st Jan Change
207.9 NOK -0.29% Intraday chart for DNB Bank ASA -1.70% -3.75%

Valuation

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Capitalization 1 313,174 301,468 327,654 313,711 - -
Enterprise Value (EV) 1 313,174 301,468 327,654 313,711 313,711 313,711
P/E ratio 12.8 x 9.42 x 8.7 x 8.27 x 8.93 x 8.94 x
Yield 4.83% 6.43% 7.41% 7.78% 7.8% 7.92%
Capitalization / Revenue 5.6 x 4.56 x 4.01 x 3.85 x 3.94 x 3.98 x
EV / Revenue 5.6 x 4.56 x 4.01 x 3.85 x 3.94 x 3.98 x
EV / EBITDA - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book 1.38 x 1.24 x 1.33 x 1.22 x 1.18 x 1.14 x
Nbr of stocks (in thousands) 1,550,365 1,550,365 1,516,915 1,508,952 - -
Reference price 2 202.0 194.4 216.0 207.9 207.9 207.9
Announcement Date 2/10/22 2/9/23 1/31/24 - - -
1NOK in Million2NOK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Net sales 1 55,915 66,115 81,697 81,502 79,538 78,911
EBITDA - - - - - -
EBIT 1 31,881 39,604 53,077 51,639 48,595 47,319
Operating Margin 57.02% 59.9% 64.97% 63.36% 61.1% 59.97%
Earnings before Tax (EBT) 1 32,667 39,853 50,440 49,126 45,932 44,386
Net income 1 24,407 32,011 38,166 37,343 33,974 32,861
Net margin 43.65% 48.42% 46.72% 45.82% 42.71% 41.64%
EPS 2 15.74 20.65 24.83 25.13 23.27 23.25
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share 2 9.750 12.50 16.00 16.17 16.21 16.46
Announcement Date 2/10/22 2/9/23 1/31/24 - - -
1NOK in Million2NOK
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 14,633 15,141 16,319 16,128 18,527 20,536 20,203 20,970 19,988 20,398 20,292 20,316 20,553 19,865 20,118
EBITDA - - - - - - - - - - - - - - -
EBIT 1 8,206 9,175 9,795 9,655 10,979 13,560 13,120 14,112 12,286 13,100 12,658 12,984 12,930 12,542 12,413
Operating Margin 56.08% 60.6% 60.02% 59.86% 59.26% 66.03% 64.94% 67.3% 61.47% 64.22% 62.38% 63.91% 62.91% 63.14% 61.7%
Earnings before Tax (EBT) 1 7,955 9,765 10,005 9,803 10,280 13,639 12,263 13,172 11,366 12,789 12,221 12,184 12,045 11,798 11,602
Net income 1 5,875 7,299 7,611 7,397 9,704 10,192 9,149 10,142 9,019 9,789 9,267 9,122 8,937 8,361 8,279
Net margin 40.15% 48.21% 46.64% 45.86% 52.38% 49.63% 45.29% 48.36% 45.12% 47.99% 45.67% 44.9% 43.48% 42.09% 41.15%
EPS 2 3.790 4.710 4.910 4.770 6.260 6.610 5.930 6.390 5.930 6.480 6.163 6.085 5.918 5.685 5.676
Dividend per Share 2 9.750 - - - 12.50 - - - 16.00 - - - 16.38 - -
Announcement Date 2/10/22 4/28/22 7/12/22 10/20/22 2/9/23 4/27/23 7/12/23 10/19/23 1/31/24 4/23/24 - - - - -
1NOK in Million2NOK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Net Debt - - - - - -
Net Cash position - - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) 10.7% 13.8% 15.9% 14.8% 13% 12.6%
ROA (Net income/ Total Assets) 0.84% 1.04% 1.14% 1.02% 0.87% 0.82%
Assets 1 2,919,148 3,077,981 3,337,939 3,660,357 3,923,148 4,001,360
Book Value Per Share 2 146.0 157.0 163.0 171.0 177.0 183.0
Cash Flow per Share - - - - - -
Capex - - - - - -
Capex / Sales - - - - - -
Announcement Date 2/10/22 2/9/23 1/31/24 - - -
1NOK in Million2NOK
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
14
Last Close Price
207.9 NOK
Average target price
210.2 NOK
Spread / Average Target
+1.12%
Consensus
  1. Stock Market
  2. Equities
  3. DNB Stock
  4. Financials DNB Bank ASA