DNHBY News and Press, DNB ASA ADR From 10/23/20

DNB ASA (DNBHF) Q3 2020 Earnings Conference Call October 22, 2020 7:30 AM ET Company Participants Thomas Midteide – Group Executive Vice President-Communications Kjerstin Braathen – Chief Executive Officer Ottar Ertzeid – Chief Financial Officer Rune Helland – Head...

The following slide deck was published by DNB ASA in conjunction with their 2020 Q3 earnings call. For further details see: DNB ASA 2020 Q3 - Results - Earnings Call Presentation

DNB has a larger-than-normal skew toward corporate lending (for a Nordic bank), and management was more aggressive about credit quality going into this downturn. Repricing opportunities are likely minimal until mid-2022 at best, and DNB's very good operating efficiency ironically leav...

Swedbank's mortgage lending operation has stayed on track through the pandemic, actually gaining some share back as new entrants get less aggressive. Credit quality remains especially high, with low non-performing loan ratios in the mortgage book, a largely investment-grade corporate ...

In earlier articles, I updated bank thesis using quarterly reports from Swedbank ( SWDBF ), Handelsbanken ( SVNLF ), SEB ( SKVKY ), Nordea ( NRBAY ) and DNB ( DNBHF ). All of these banks reported quite positive results for the second quarter, and while some have reported higher credit losses a...

On Monday, July 13, 2020, Norwegian banking and financial services giant DNB ASA ( DNBHF ) (DNHBY) announced its second-quarter 2020 earnings results. At first glance, these results were okay as the company saw its total income increase slightly year over year and it managed to turn a profit...

In my recent article on Nordic banks, I prepared readers for what may happen at market openings this week, with Scandinavian banks including Swedbank ( SWDBF ), Nordea ( NRBAY ), Handelsbanken ( SVNLF ), DNB ( DNBHF ) and SEB ( SKVKY ). DNB was first, and results are truly excellent when loo...

DNB ASA (DNBHF) Q2 2020 Results Earnings Conference Call July 13, 2020, 03:30 AM ET Company Participants Rune Helland - Head, IR Kjerstin Braathen - Group CEO Ottar Ertzeid - Group CFO Thomas Midteide - EVP Communications Conference Call Participants Vegard Toverud - Pare...

The following slide deck was published by DNB ASA in conjunction with their 2020 Q2 earnings Read more ...

In Sweden, the "Big 4", all of which I have in my portfolio, are set to report next week. By the Big 4, I mean Handelsbanken ( SVNLF ), SEB ( SKVKY ), Nordea ( NRBAY ), and of course Swedbank ( SWDBF ). This is going to be somewhat unusual, in that it's going to be a macro-oriented artic...