DNB Bank's Weaker Results Likely to Be Taken Negatively -- Market Talk

Dow Jones

07/11

0702 GMT - DNB Bank has reported weaker-than-expected second quarter results, which is likely to be taken negatively by the market, Jefferies analyst Alexander Demetriou writes. Net profit of 10.44 billion Norwegian kroner was 5% below consensus, with pre-provision profits 4% lower than expected. DNB saw lower than expected revenues across net interest income and fees as well as trading, while costs were slightly higher than expected, he says. Shares closed Thursday at 284.50 kroner. (dominic.chopping@wsj.com)

(END) Dow Jones Newswires

July 11, 2025 03:02 ET (07:02 GMT)

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