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DNB Dnb Bank ASA News Story

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FinancialsConservativeLarge CapTurnaround

DNB rises after Q4 NII and fees beat expectations

** Shares in DNB DNB.OL rise around 3% after the Norwegian bank posted its Q4 earnings above expectations

** The bank reported net profit of NOK 11.61 billion ($1.20 billion), 11% above company-compiled consensus at NOK 10.45 billion

** NII at NOK 16.18 billion beats consensus expectations cited by 3%, according to Jefferies

** "Revenue came in 4% ahead with beats on NII and fees the main positive," says the brokerage

** It adds that costs came in 5% ahead driven by higher staff costs, while impairments were slightly higher at 15bp

** Share on track for a best day since May 2025, if gains hold

($1 = 9.6384 Norwegian crowns)

 (Reporting by Agnieszka Gosciak-Rabalska)

 ((agnieszka.gosciak@thomsonreuters.com))

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