Invitation to DNB's first quarter presentation, Wednesday, 7 May 2025

Invitation to DNB's first quarter presentation, Wednesday, 7 May 2025

DNB will publish its results for the first quarter of 2025 on Wednesday, 7 May 2025 at 7:30 CET.

9:30 CET: Presentation

CEO Kjerstin Braathen and CFO Ida Lerner present the results at a live streamed presentation. It will be possible to ask questions online and a broadcast will be available on the Investor Relations pages at ir.dnb.no. It will also be possible to physically attend the presentation at DNB's head office in Bjørvika, Dronning Eufemias gate 30. Please register your attendance in Oslo, at [email protected]. For media, please register at [email protected].

13:30 CET: Conference call for analysts and investors

Call in details: Norway +47 21 56 33 18, UK-Wide +44 (0) 33 0551 0200, US +1 786 697 3501. Password: DNB Q1. Please join the call early to allow the operator to transfer you into the call by the scheduled start time.

The conference call (listen-only mode) and a recording of this will be available on the Investor Relations pages at ir.dnb.no.

For further information, please contact:

Investor contact: Rune Helland, Head of Investor Relations, tel.: (+47) 23 26 84 00 / (+47) 97 71 32 50

Media contact: Liselotte Lunde, Executive Vice President of Communications, tel: (+47) 95 94 92 35

This information is subject to the disclosure requirements according to Section 5-12 of the Norwegian Securities Trading Act.

DNB Bank ASA - notice of Annual General Meeting 2025

DNB Bank ASA - notice of Annual General Meeting 2025

Shareholders in DNB Bank ASA are invited to attend the Annual General Meeting to be held on Tuesday 29 April 2025 at 15:00. The Annual General Meeting will be held at DNB’s premises in Oslo, with the possibility of digital participation for those who wish. 

The notice and a guidance for digital attendance are enclosed. The remainder of the documents are available on www.dnb.no/en/agm.

For further information, please contact:
Investor contact: Rune Helland, Head of Investor Relations, tel. (+47) 232 68 400 / (+47) 977 13 250 

Media contact: Even Westerveld, Group Executive Vice President, People & Communication, tel. (+47) 400 16 744

This information is subject to the disclosure requirements according to section 5-12 of the Norwegian Securities Trading Act.

Correction: Carnegie financial figures for Q4 2024 and FY 2024 (now with attachment)

Correction: Carnegie financial figures for Q4 2024 and FY 2024 (now with attachment)

Please see attached select financial figures for Carnegie for Q4 2024 and FY 2024. Since the acquisition of Carnegie was completed on March 6th, Carnegie’s financial figures will be consolidated into DNB’s per Q1 2025 reporting. 

For Excel file, please visit: www.ir.dnb.no/press-and-reports/ir-updates.

For further information, please contact Rune Helland, Head of Investor Relations, tel.: (+47) 23 26 84 00 / (+47) 97 71 32 50. 

Basis swap and AT1 impact Q1 2025

Basis swap and AT1 impact Q1 2025

In the first quarter of 2025, the DNB Group will recognise a positive mark-to-market effect of NOK 209 million from basis swaps connected to funding. Furthermore, a negative effect of NOK 459 million from the USD and SEK Additional Tier 1 capital will also be recognised. The effects will appear under Net gains on financial instruments at fair value in our financial statement. 
 
For further information, please contact: Rune Helland, Head of Investor Relations, tel.: (+47) 23 26 84 00 / (+47) 97 71 32 50

Carnegie financial figures for Q4 2024 and FY 2024

Carnegie financial figures for Q4 2024 and FY 2024

Please see attached select financial figures for Carnegie for Q4 2024 and FY 2024. Since the acquisition of Carnegie was completed on March 6th, Carnegie’s financial figures will be consolidated into DNB’s per Q1 2025 reporting. 

For further information, please contact Rune Helland, Head of Investor Relations, tel.: (+47) 23 26 84 00 / (+47) 97 71 32 50.

DNB's Annual Report for 2024 is published today

DNB's Annual Report for 2024 is published today

The DNB Group's Annual Report, including Sustainability report and Pillar 3 report for 2024, are published today on DNB's website ir.dnb.no. 

For further information: 

Investor contacts: 
Rune Helland, Head of Investor Relations, tel. (+47) 23 26 84 00 / (+47) 977 13 250 
Thor Tellefsen, Head of Long-Term Funding, tel. (+47) 915 44 385 

Media contact: 
Liselotte Lunde, Executive Vice President of Communications, tel: (+47) 959 49 235

This information is subject to the disclosure requirements according to Section 5-12 of the Norwegian Securities Trading Act.

Fulfillment of the conditions for DNB Bank ASA's acquisition of Carnegie

Fulfillment of the conditions for DNB Bank ASA's acquisition of Carnegie

DNB Bank ASA (“DNB”) refers to the stock exchange notice published 21 October 2024, where it was announced that DNB has entered into an agreement to purchase all the shares in Carnegie Holding AB – the parent company in the Carnegie Group (“Carnegie”) – from the private equity fund Altor and other shareholders.

Completion of the transaction requires approvals from authorities in several jurisdictions. It has now been clarified that the transaction will be completed, since all the necessary approvals have been obtained. Completion is expected to occur 6 March 2025.
                
DNB shall pay a total consideration of SEK 12 billion. In addition, the purchase price will be adjusted for Carnegie’s capital surplus at the time of the transaction, calculated on the basis of Carnegie’s normalized common equity tier 1 ratio at the time of the completion of the transaction. Furthermore, the shares of the minority shareholders in the subsidiaries of Carnegie Holding AB will be acquired as part of the transaction, for a total consideration of approximately SEK 300 million. 

For the time being, DNB and Carnegie will continue to operate as is. Following completion of the acquisition, there will be a gradual legal and operational integration of the business, including the implementation of the new brand, DNB Carnegie.

For further information, please contact Rune Helland, Head of Investor Relations, tel.: (+47) 23 26 84 00 / (+47) 97 71 32 50.

DNB - Acquisition of shares by primary insiders

DNB - Acquisition of shares by primary insiders

Today, 6 February 2025, a total of 11,259 shares in DNB Bank ASA were acquired on behalf of certain of DNB’s primary insiders, who are part of the Group Management team. The share purchase was executed collectively at an average price per share of NOK 247.1206.

The shares were purchased in accordance with the share programme that was approved by the Annual General Meeting on 30 June 2020. Shares that are acquired through the programme have a holding period which lasts for as long as the person holding the shares is part of the Group Management team. Upon leaving the Group Management team, the shares are released in stages over a period of three years.

A list of the primary insiders of DNB Bank ASA who have increased their shareholding is attached.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

DNB Bank ASA - proposed cash dividend for 2024 - key information

DNB Bank ASA - proposed cash dividend for 2024 - key information

The Board of Directors of DNB Bank ASA plans to propose to distribute a cash dividend of NOK 16.75 per share for the accounting year of 2024. The formal decision regarding the dividend will be made on the company's Annual General Meeting, which will be held on 29 April 2025.

Dividend amount: 16.75 per share
Declared currency: Norwegian krone (NOK)
Last day including right: 29 April 2025
Ex-date: 30 April 2025
Record date (shareholder registration date): 2 May 2025
Payment date: from 9 May 2025
Date of approval: 29 April 2025

For further information: 
Rune Helland, Head of Investor Relations, tel. +47 23 26 84 00 / +47 97 71 32 50.

This information is published in accordance with the requirements in Oslo Børs' issuer rules.