DNB Targets ROE Above 15% For 2029

By Reuters News

- 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

Further company coverage: DNB.OL

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