Q4 EPS of NOK 8.2 vs ARCe/Cons 6.5/6.4. Q4 reported ROE 19.0%FY24 DPS of NOK 16.75 (7% cash yield) vs ARCe/Cons 16.5/16.7NII surprisingly strong, 3% above ARCe/ConsPositive to see solid volume growth with lending/deposits up 2.5%/4.7% q/qSolid read on costs and loan losses, EPS benefiting from a one-off on taxOverall a solid report with core earnings above, share to outperform today

05 Feb 2025
Arctic FLASH: DNB - Strong core earnings and volume development

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Arctic FLASH: DNB - Strong core earnings and volume development
Q4 EPS of NOK 8.2 vs ARCe/Cons 6.5/6.4. Q4 reported ROE 19.0%FY24 DPS of NOK 16.75 (7% cash yield) vs ARCe/Cons 16.5/16.7NII surprisingly strong, 3% above ARCe/ConsPositive to see solid volume growth with lending/deposits up 2.5%/4.7% q/qSolid read on costs and loan losses, EPS benefiting from a one-off on taxOverall a solid report with core earnings above, share to outperform today