DNB BANK ASA (DNB.OL) Stock Fundamental Analysis
Europe - OSL:DNB - NO0010161896 - Common Stock
262 NOK
+2.7 (+1.04%)
Overall DNB gets a fundamental rating of 3 out of 10. We evaluated DNB against 97 industry peers in the Banks industry. While DNB is still in line with the averages on profitability rating, there are concerns on its financial health. DNB is not valued too expensively and it also shows a decent growth rate. DNB also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year DNB was profitable.
In the past year DNB has reported a negative cash flow from operations.
DNB had positive earnings in each of the past 5 years.
DNB had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.13%, DNB is in the better half of the industry, outperforming 74.23% of the companies in the same industry.
DNB's Return On Equity of 15.15% is amongst the best of the industry. DNB outperforms 82.47% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.13% | ||
| ROE | 15.15% | ||
| ROIC | N/A |
ROA(3y)1.11%
ROA(5y)0.96%
ROE(3y)14.24%
ROE(5y)12.06%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With an excellent Profit Margin value of 45.71%, DNB belongs to the best of the industry, outperforming 96.91% of the companies in the same industry.
DNB's Profit Margin has improved in the last couple of years.
The Operating Margin and Gross Margin are not available for DNB so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 45.71% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y5.83%
PM growth 5Y2.81%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
DNB does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, DNB has less shares outstanding
The number of shares outstanding for DNB has been reduced compared to 5 years ago.
The debt/assets ratio for DNB is higher compared to a year ago.
2.2 Solvency
DNB has a Debt/Equity ratio of 3.43. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of DNB (3.43) is worse than 77.32% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.43 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC9.94%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 4.33% over the past year.
The Earnings Per Share has been growing by 12.47% on average over the past years. This is quite good.
The Revenue has been growing slightly by 5.91% in the past year.
DNB shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.20% yearly.
EPS 1Y (TTM)4.33%
EPS 3Y21.67%
EPS 5Y12.47%
EPS Q2Q%-11.82%
Revenue 1Y (TTM)5.91%
Revenue growth 3Y14.89%
Revenue growth 5Y9.2%
Sales Q2Q%-1.22%
3.2 Future
The Earnings Per Share is expected to decrease by -2.34% on average over the next years.
The Revenue is expected to grow by 2.29% on average over the next years.
EPS Next Y-4.25%
EPS Next 2Y-4.54%
EPS Next 3Y-2.34%
EPS Next 5YN/A
Revenue Next Year4.46%
Revenue Next 2Y2.49%
Revenue Next 3Y2.29%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 9.05, which indicates a very decent valuation of DNB.
Based on the Price/Earnings ratio, DNB is valued a bit cheaper than 73.20% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.89, DNB is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 9.79, the valuation of DNB can be described as reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of DNB is on the same level as its industry peers.
The average S&P500 Price/Forward Earnings ratio is at 22.99. DNB is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.05 | ||
| Fwd PE | 9.79 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
A cheap valuation may be justified as DNB's earnings are expected to decrease with -2.34% in the coming years.
PEG (NY)N/A
PEG (5Y)0.73
EPS Next 2Y-4.54%
EPS Next 3Y-2.34%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.44%, DNB is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 4.83, DNB pays a better dividend. On top of this DNB pays more dividend than 82.47% of the companies listed in the same industry.
DNB's Dividend Yield is rather good when compared to the S&P500 average which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.44% |
5.2 History
On average, the dividend of DNB grows each year by 17.85%, which is quite nice.
Dividend Growth(5Y)17.85%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DNB pays out 57.86% of its income as dividend. This is a bit on the high side, but may be sustainable.
The Dividend Rate of DNB has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP57.86%
EPS Next 2Y-4.54%
EPS Next 3Y-2.34%
OSL:DNB (10/27/2025, 4:25:15 PM)
262
+2.7 (+1.04%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners43.3%
Inst Owner ChangeN/A
Ins Owners0.02%
Ins Owner ChangeN/A
Market Cap387.13B
Revenue(TTM)93.91B
Net Income(TTM)42.93B
Analysts54.62
Price Target271.96 (3.8%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.44% |
Yearly Dividend16.1
Dividend Growth(5Y)17.85%
DP57.86%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-3.08%
Min EPS beat(2)-5.48%
Max EPS beat(2)-0.68%
EPS beat(4)2
Avg EPS beat(4)5.79%
Min EPS beat(4)-5.48%
Max EPS beat(4)23.22%
EPS beat(8)6
Avg EPS beat(8)7.48%
EPS beat(12)10
Avg EPS beat(12)11.35%
EPS beat(16)13
Avg EPS beat(16)9.7%
Revenue beat(2)0
Avg Revenue beat(2)-1.69%
Min Revenue beat(2)-2.44%
Max Revenue beat(2)-0.94%
Revenue beat(4)2
Avg Revenue beat(4)-0.18%
Min Revenue beat(4)-2.44%
Max Revenue beat(4)1.45%
Revenue beat(8)4
Avg Revenue beat(8)0.72%
Revenue beat(12)8
Avg Revenue beat(12)2.96%
Revenue beat(16)11
Avg Revenue beat(16)3.99%
PT rev (1m)0%
PT rev (3m)-0.12%
EPS NQ rev (1m)0.76%
EPS NQ rev (3m)12.98%
EPS NY rev (1m)0.26%
EPS NY rev (3m)1.85%
Revenue NQ rev (1m)0.33%
Revenue NQ rev (3m)3.24%
Revenue NY rev (1m)0.8%
Revenue NY rev (3m)0.37%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.05 | ||
| Fwd PE | 9.79 | ||
| P/S | 4.12 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 1.37 | ||
| P/tB | 1.48 | ||
| EV/EBITDA | N/A |
EPS(TTM)28.95
EY11.05%
EPS(NY)26.75
Fwd EY10.21%
FCF(TTM)-207.85
FCFYN/A
OCF(TTM)-206.38
OCFYN/A
SpS63.55
BVpS191.77
TBVpS177.05
PEG (NY)N/A
PEG (5Y)0.73
Graham Number353.43
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.13% | ||
| ROE | 15.15% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 45.71% | ||
| GM | N/A | ||
| FCFM | N/A |
ROA(3y)1.11%
ROA(5y)0.96%
ROE(3y)14.24%
ROE(5y)12.06%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y5.83%
PM growth 5Y2.81%
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.02
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.43 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | 2.31% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score5
WACC9.94%
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)4.03%
Cap/Sales(5y)5.12%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)4.33%
EPS 3Y21.67%
EPS 5Y12.47%
EPS Q2Q%-11.82%
EPS Next Y-4.25%
EPS Next 2Y-4.54%
EPS Next 3Y-2.34%
EPS Next 5YN/A
Revenue 1Y (TTM)5.91%
Revenue growth 3Y14.89%
Revenue growth 5Y9.2%
Sales Q2Q%-1.22%
Revenue Next Year4.46%
Revenue Next 2Y2.49%
Revenue Next 3Y2.29%
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-298.04%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-292.36%
OCF growth 3YN/A
OCF growth 5YN/A
DNB BANK ASA / DNB.OL FAQ
Can you provide the ChartMill fundamental rating for DNB BANK ASA?
ChartMill assigns a fundamental rating of 3 / 10 to DNB.OL.
What is the valuation status for DNB stock?
ChartMill assigns a valuation rating of 4 / 10 to DNB BANK ASA (DNB.OL). This can be considered as Fairly Valued.
Can you provide the profitability details for DNB BANK ASA?
DNB BANK ASA (DNB.OL) has a profitability rating of 4 / 10.
What is the valuation of DNB BANK ASA based on its PE and PB ratios?
The Price/Earnings (PE) ratio for DNB BANK ASA (DNB.OL) is 9.05 and the Price/Book (PB) ratio is 1.37.
Can you provide the financial health for DNB stock?
The financial health rating of DNB BANK ASA (DNB.OL) is 1 / 10.