DNBBF - DNB Bank ASA (DNBBY) Q4 2024 Earnings Call Transcript
2025-02-05 11:44:36 ET
DNB Bank ASA (DNBBY)
Q4 2024 Earnings Conference Call
February 05, 2025 07:30 AM ET
Company Participants
Rune Helland - Head, Investor Relations
Ida Lerner - Chief Financial Officer
Kjerstin Braathen - Chief Executive Officer
Maria Løvold - Group Executive Vice President, Personal Banking
Harald Serck-Hanssen - Group Executive Vice President, Large Corporates & International
Alexander Opstad - Group Executive Vice President, DNB Markets
Håkon Hansen - Group Executive Vice President, Wealth Management
Rasmus Figenschou - Group Executive Vice President, Business Banking Norway
Conference Call Participants
Gulnara Saitkulova - Morgan Stanley
Shrey Srivastava - Citi
Namita Samtani - Barclays
Johan Ekblom - UBS
Patrik Nilsson - Goldman Sachs
Riccardo Rovere - Mediobanca
Martin Ekstedt - Handelsbanken
Johannes Thormann - HSBC
Herman Zahl - Pareto Securities
Sofie Peterzens - JPMorgan
Presentation
Operator
Hello, and welcome to the DNB Quarter Four Conference Call. My name is Caroline, and I will be your coordinator for today's event. Please note, this call is being recorded and for the duration of the call, your lines will be on listen-only mode. However, you'll have an opportunity to ask questions at the end of the call. [Operator Instructions]
I will now hand over the call to your host, Rune Helland, to begin today's conference. Thank you.
Rune Helland
Thank you so much, and a very welcome to all of you to the fourth quarter's analyst call. A round table here in Oslo, we have in addition to Kjerstin and Ida, we have the Head of Personal Banking, Maria Løvold, and of course, Head of Large Corporate, Harald Serck-Hanssen, and Head of Corporate Banking, Norway, Rasmus Figenschou. We also have Head of DNB Market, Alexander Opstad; and also, of course, the Head of Wealth Management, Håkon Hansen.
Before we open up for questions, Ida will take you through some of the highlights for the quarter. Ida?
Ida Lerner
Hello, and thank you all for taking the time to participate in this quarter. I'll start with a bit of a brief update on the Norwegian macro, which continues to be robust. Full year Mainland GDP growth is projected to be 0.9% in 2024. In 2025, we actually expect an uptick in growth to 15% and further line increases in the coming years....
DNB Bank ASA (DNBBY) Q4 2024 Earnings Call Transcript