DNB ASA logo

DNB - DNB ASA News Story

NOK182.7 3.3  1.9%

Last Trade - 14/05/21

Large Cap
Market Cap £23.98bn
Enterprise Value £55.88bn
Revenue £5.01bn
Position in Universe 30th / 1832

BUZZ-DNB: Jumps after "a very good quarter"

Thu 24th October, 2019 8:31am
** Shares in Norwegian bank DNB  DNB.OL  up 5% after Q3
results and buyback announcement
    ** The company reports Q3 pretax profit up at NOK 7.62
billion  urn:newsml:reuters.com:*:nL5N2791B8
    ** According to Credit Suisse, DNB's pretax profit is 4%
above consensus mainly due to higher revenues and lower loan
loss provision which offset higher costs
    ** DNB has also announced new buyback programme of up to
0.5% of the bank's shares  urn:newsml:reuters.com:*:nFWN27901D
    ** Jefferies notes share buyback comes a quarter earlier
than it expected
    ** Q3 was a very good quarter, according to RBC
    ** The stock is set for the best days since April 2018 and
is among top performers on Stoxx 600  .STOXX 

© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.