Fourth quarter report 2007 DnB NOR Bank ASA

Fourth quarter report 2007 DnB NOR Bank ASA

Financial highlights

Fourth quarter 2007
· Pre-tax operating profits before write-downs were down 1.2 per cent to NOK 3.2 billion (3.2)
· Profit for the period increased by 60.7 per cent to NOK 3.7 billion (2.3)
· Return on equity was 24.6 per cent (16.7)
· Expenses represented 51.3 per cent of income (49.8)
· The core capital ratio was 7.9 per cent (6.8)

Full year 2007
· Pre-tax operating profits before write-downs were up 6.4 per cent to NOK 13.1 billion (12.3)
· Profit for the year increased by 18.6 per cent to NOK 11.4 billion (9.6)
· Return on equity was 19.7 per cent (18.2)
· Expenses represented 50.6 per cent of income (50.1)
· The core capital ratio was 7.9 per cent (6.8)

Fourth quarter report 2007

Fourth quarter report 2007

Financial highlights

Fourth quarter 2007
· Pre-tax operating profits before write-downs were up 0.9 per cent to NOK 3.6 billion (3.6)
· Profit for the period increased by 49.6 per cent to NOK 5.1 billion (3.4)
· Return on equity was 28.4 per cent (21.5)
· Expenses represented 51.9 per cent of income (50.4)
· The core capital ratio was 7.2 per cent (6.7)

Full year 2007
· Pre-tax operating profits before write-downs were up 7.7 per cent to NOK 15.1 billion (14.1)
· Profit for the year increased by 27.2 per cent to NOK 15 billion (11.8)
· Return on equity was 22 per cent (19.5)
· Expenses represented 50.6 per cent of income (50.1)
· The core capital ratio was 7.2 per cent (6.7)
· Earnings per share were NOK 11.08 (8.74)
· The proposed divided per share is NOK 4.50 (4.00)