DNB Targets ROE Above 15% For 2029
Nov 10 (Reuters) - DNB Bank ASA DNB.OL:
CAPITAL MARKETS DAY: DNB WELL POSITIONED FOR FURTHER PROFITABLE GROWTH
RAISING ITS AMBITIONS WITH FOLLOWING FINANCIAL TARGETS FOR FINANCIAL YEAR 2029
TARGETS ROE ABOVE 15% FOR FY2029
TARGETS COST/INCOME RATIO BELOW 38% FOR FY2029
TARGETS CET1 CAPITAL RATIO ABOVE 16.3% FOR FY2029
TARGETS PAYOUT RATIO ABOVE 50% FOR FY2029, AIMS TO INCREASE DIVIDEND PER SHARE ANNUALLY
AIMS FOR ANNUAL LENDING GROWTH OF 3–4%
TARGETS ANNUAL NET COMMISSION AND FEE INCOME GROWTH ABOVE 9%
TO INCUR NOK 225 MILLION RESTRUCTURING COSTS IN Q4 2026 DUE TO WORKFORCE REDUCTIONS
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