DNB Bank DNB.OL
DNB Bank ASA is the largest financial group in Norway, offering retail, corporate, and asset management banking, with a dominant business model in its domestic market. DNB Bank shows solid financial health (ROE 15.07%) and exceptional quality (operating margin 59.52%), but growth is flat (revenue +0.80%, earnings -4.30%). Valuation is reasonable (P/E 11.78) and the dividend is attractive (4.99%).
Detailed metrics
Market and fundamental data as of the analysis date.
Full AI report
Generated automatically from the metrics, the macro context and the company's news.
DNB Bank ASA is the largest financial group in Norway, offering retail, corporate, and asset management banking, with a dominant business model in its domestic market. DNB Bank shows solid financial health (ROE 15.07%) and exceptional quality (operating margin 59.52%), but growth is flat (revenue +0.80%, earnings -4.30%). Valuation is reasonable (P/E 11.78) and the dividend is attractive (4.99%).
Score by category
| Category | Score |
|---|---|
| Financial health | 5.4 |
| Quality / Moat | 9.8 |
| Valuation | 5.7 |
| Growth | 4.0 |
| Dividend | 8.1 |
| Momentum | 6.0 |
| Risk & Context | 8.7 |
OVERALL SCORE: 7.1/10
Context and risks
Moderate governance risk in Norway, although institutional quality is high. Exposure to the oil-dependent Norwegian economy is a factor to consider, but not a direct geopolitical risk.
News considered in the analysis
- DNB Bank ASA (DNBBF) Q2 2026 Earnings Call Highlights: Strong ROE and Record Asset Management ... — Resultados del segundo trimestre con ROE fuerte y récord en gestión de activos, refuerzan la calidad del negocio.
- How The Investment Story For DNB Bank (OB:DNB) Is Evolving Without New Analyst Input — Artículo de análisis sin información nueva relevante para la valoración.
- Europe Is Stronger Than Investors Think. What to Own Now. — Listículo genérico sin información específica sobre DNB.
- Cadeler acquires Menck for $578m to expand offshore wind operations — Noticia sobre otra empresa del sector, sin impacto directo en DNB.
- Infosys (INFY) Continues To Win Major AI Contracts As Stock Trades Near 52-Week Lows — Noticia sobre una empresa de tecnología no relacionada con DNB.
Verdict: Hold. Quality and dividend compensate for the lack of growth, but there are no clear catalysts for a rebound.
Main risk: Dependence on the Norwegian economy, highly exposed to oil, could affect credit demand and asset quality if crude prices fall sharply.
Other Financial Services companies
Neighbours in the sector ranking, to compare without going back to the index.
See all 1,000+ companies in the index →