Story perspectives

DNB Shares Slip 4% as Q1 Interest Income Misses Forecast

4/23/2026

Summary

Story summary

DNB's shares fell about 4% after first-quarter net interest income dropped 6.8% YoY to 15.30 billion crowns, below the 15.53 billion-crown forecast.
CFO Rasmus Figenschou said spreads fell roughly one-third each because of the November rate repricing, portfolio-mix shifts, and stronger competition.
Quarterly net profit slipped 9.1% to 9.86 billion crowns but still beat expectations, as Norway’s central bank, after two rate cuts, signaled possible hikes later this year.

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Story summary

DNB's shares fell about 4% after first-quarter net interest income dropped 6.8% YoY to 15.30 billion crowns, below the 15.53 billion-crown forecast.
CFO Rasmus Figenschou said spreads fell roughly one-third each because of the November rate repricing, portfolio-mix shifts, and stronger competition.
Quarterly net profit slipped 9.1% to 9.86 billion crowns but still beat expectations, as Norway’s central bank, after two rate cuts, signaled possible hikes later this year.