By Adam Whittaker
DNB Bank posted earnings that beat analysts’ expectations, saying the strength of its results reflected a robust Norwegian economy.
The bank said it made 11.19 billion Norwegian kroner ($1.16 billion) in net profit for the fourth quarter of last year, down slightly from 12.18 billion kroner in the same period the year prior.
Total income rose to 23.555 billion kroner from 21.72 billion kroner, beating the 22.68 billion kroner analysts had expected according to a company compiled consensus.
Net interest income–the difference between what lenders earn from loans and pay out on deposits, and a key revenue driver–slipped slightly to 16.18 billion kroner but beat the 15.71 billion kroner expected by analysts.
The bank said its result reflected a strong Norwegian economy that remained robust over the period. It said however that the rate of investment slowed somewhat, while inflation and interest rates trended slightly downward heading into 2026.
DNB’s common equity Tier 1 capital ratio–a measure of a bank’s financial strength–stood at 17.9%.
The bank said it would propose a dividend of 18 kroner a share for 2025, up from 16.75 kroner a year earlier.
Write to Adam Whittaker at adam.whittaker@wsj.com
(END) Dow Jones Newswires
02-04-26 0214ET