DNB Bank
Financial Performance
DNB Bank Revenue & Financials
Revenue
~$7.7B (FY2024)
Market Cap
$38.2B
Employees
11,000
What is DNB Bank's revenue?
DNB Bank had ~$7.7B in revenue for fiscal year 2024, up 5.7% from 2023.
- Latest revenue
- ~$7.7B (FY2024)
- Year-over-year
- +5.7%
- Growth rate (CAGR)
- 14.6% over 3 years
- Peak revenue
- ~$7.7B (FY2024)
- Years of data
- 4
- Employees
- 11,000
- How many employees does DNB Bank have?
- DNB Bank has about 11,000 employees.
Financial Analysis
DNB Bank delivers elite financial profitability characterized by outstanding return on equity, resilient net interest margins, and pristine credit quality. In fiscal 2024, DNB delivered a net profit of NOK 40.8 billion, supported by net interest income of NOK 60.1 billion and expanding investment banking fees. Operating profit before impairment surpassed NOK 53.5 billion, while the bank maintained a stellar cost-to-income ratio of 37.8%, among the lowest of any universal bank globally. DNB maintains elite capital adequacy, reporting a Common Equity Tier 1 (CET1) ratio of 18.4%, well above the regulatory requirement set by the Financial Supervisory Authority of Norway. The bank maintains an 85% shareholder distribution policy, combining progressive cash dividends with extensive share buybacks.
Revenue Trend Analysis
YoY Change
+5.7%
3-Year CAGR
+14.6%
Peak Year
2024
Trend
Consistent Growth
DNB Bank has 4 full fiscal year figures on this page, compounding at +14.6% annually over 3 years. The most recent year saw a 5.7% increase versus the prior year. Annual revenue peaked in fiscal year 2024 at ~$7.7B. Of 3 comparable year-over-year steps, 3 showed growth and 0 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | YoY Change |
|---|---|---|
| FY2024 | ~$7.7B | +5.7% |
| FY2023 | ~$7.3B | +23.2% |
| FY2022 | ~$5.9B | +15.6% |
| FY2021 | ~$5.1B | — |
Click any row to see year details.
Keep researching DNB Bank
DNB Bank Revenue and Financial FAQ
What was DNB Bank's revenue in 2024?
DNB Bank achieved $80.50 billion in revenue for fiscal year 2024.
Is DNB Bank profitable?
DNB Bank's financial performance balances disciplined operating profitability with strategic reinvestment into engineering, infrastructure, and international sales expansion.
How fast is DNB Bank growing?
DNB Bank has achieved solid compound annual revenue growth supported by strong enterprise customer retention and expanding average contract values.
How does DNB Bank fund its capital expenditures?
DNB Bank funds capital outlays through operating cash flows, institutional credit facilities, and equity capital reserves.
What is DNB Bank's debt profile?
DNB Bank maintains a conservative debt-to-capitalization profile, prioritizing financial flexibility and low interest obligations.
Where does DNB Bank reinvest its profits?
Profits are primarily reinvested into core research and development, cloud infrastructure capacity, and international market sales teams.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "DNB Bank Revenue & Financials." CorpDigest, https://corpdigest.com/company/dnb-bank/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>DNB Bank reported ~$7.7B in revenue (FY2024).</strong><br>Source: <a href="https://corpdigest.com/company/dnb-bank/financials" target="_blank" rel="noopener">CorpDigest — DNB Bank financials</a></div>Explore DNB Bank
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