DNB Bank ASA - Company Profile
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DNB Bank ASA (DNB) is a financial services provider. The bank provides a comprehensive range of financial services, including loans, savings, advisory services, insurance, and pension products for both retail and corporate customers. DNB's offerings include a wide array of products tailored to meet the needs of individuals, startups, large international companies, and public institutions. The bank is associated with strong brands and adapts its services to customer needs through various channels, including online banking, mobile apps, customer service centers, and physical offices. DNB serves customers across multiple industries, with a focus on industry expertise and financing solutions. The bank has a presence in the Americas, Europe and Asia-Pacific. DNB is headquartered in Oslo, Norway.
Headquarters
Norway
Address
Dronning Eufemias Gate 30, Oslo, 0191
Website
www.dnb.no
No of Employees
8,436
Industry
Financial Services
Ticker Symbol & Exchange
DNB (OSL)
Revenue (2024)
$20.4B
-5.2%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-4.4%
(2024 vs 2023)
Market Cap*
$44.1B
Net Profit Margin (2024)
XYZ
0.8%
(2024 vs 2023)
* As of and is in US$
DNB Bank ASA premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Personal Banking | Personal Banking: | DNB |
| Loans: | Internet Banking | |
| Home Mortgages: | Mobile Banking | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Acquisitions/Mergers/Takeovers | In March, the bank acquired Carnegie Holding AB from Altor Fund III LP, a fund managed by Altor Equity Partners AB and others. |
| 2025 | Plans/Strategy | In March, the bank announced its plans to acquire a 15% stake in Eksportfinans for US$69 million. |
| 2025 | Contracts/Agreements | In February, the bank signed a partnership with Tata Consultancy Services to promote its digital modernization, leveraging cutting-edge solutions in AI, quantum computing, and cybersecurity. |
Competitor Comparison
| Key Parameters | DNB Bank ASA | BN Bank ASA | Bank Norwegian AS | Nordea Bank Norge ASA | Nordlandsbanken ASA |
|---|---|---|---|---|---|
| Headquarters | Norway | Norway | Norway | Norway | Norway |
| City | Oslo | Trondheim | Oslo | Oslo | - |
| State/Province | Oslo | - | Oslo | Oslo | - |
| No. of Employees | 8,436 | 130 | - | - | - |
| Entity Type | Public | Private | Private | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Olaug Svarva | Chairwoman | Executive Board | 2018 | 69 |
| Kjerstin Braathen | Chief Executive Officer | Senior Management | 2019 | 56 |
| Ida Lerner | Chief Financial Officer | Senior Management | 2021 | 51 |
| Eline Skramstad | Group Executive Vice President-Risk Management | Senior Management | 2024 | 55 |
| Elin Sandnes | Group Executive Vice President-Technology and Services | Senior Management | 2024 | 38 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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