Brief: DNB Q2 Profits After Tax NOK 10.4 Bln
11/07/2025 07:04
July 11 (Reuters) - DNB Bank ASA DNB.OL: SOLID RESULTS DRIVEN BY LOAN GROWTH AND HIGH CUSTOMER ACTIVITY PROFITS AFTER TAX OF NOK 10.4 BILLION IN Q2 OF 2025 IMPAIRMENT PROVISIONS IN Q2 AMOUNTED TO NOK 677 MILLION Q2 PRE-TAX OPERATING PROFIT BEFORE IMPAIRMENT AMOUNTED TO NOK 13.8 BILLION (14.1) Q2 COST/INCOME RATIO WAS 38.8 PER CENT (34.8) Q2 COMMON EQUITY TIER 1 (CET1) CAPITAL RATIO WAS 18.3 PER CENT Q2 NET INTEREST INCOME NOK 16,152 MILLION VERSUS NOK 16,475 MILLION SEEN IN COMPANY CONSENUS Q2 NET COMMISSIONS AND FEES NOK 4,370 MILLION VERSUS NOK 4,432 MILLION SEEN IN COMPANY CONSENSUS OVERRIDING FINANCIAL TARGET IS A RETURN ON EQUITY (ROE) ABOVE 14% DUE TO DEBT INTEREST DISTRIBUTION BETWEEN US AND NORWAY IN NORWEGIAN TAXATION, TAX RATE IS ESTIMATED TO BE 20% FOR 2025 MINISTRY OF FINANCE’S DECISION TO INCREASE RISK WEIGHT FLOORS FOR MORTGAGES FROM 20 TO 25% WILL IMPACT CET1 CAPITAL RATIO BY ABOUT 60 BP Source text: ID:nWkrbdJFMZ Further company coverage: DNB.OL (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com;))