DNB Bank ASA (OSTO:DNBo)

kr 230.2 -3.1 (-1.33%) Market Cap: 342.94 Bil Enterprise Value: 729.27 Bil PE Ratio: 8.41 PB Ratio: 1.20 GF Score: 71/100

Q3 2022 DNB Bank ASA Earnings Call Transcript

Oct 20, 2022 / 11:30AM GMT

Release Date Price: kr178.05 (-4.58%)

Transcript

Operator

Hello, and welcome to DNB Q3 conference call. Please note this call is being recorded. (Operator Instructions)

I will now hand over to your host, Rune Helland, to begin today's conference. Thank you.

Rune Helland

DNB Bank ASA - Head of IR

Thank you very much, and hello, everyone, and welcome to DNB's third quarter analyst call. Here in Oslo, we are a full executive team, including Kjerstin and Ida; and also Head of Personal Banking, Ingjerd; Head of Corporate Bank, Harald; and Head of Risk, Sverre; Head of DNB Markets, Alexander; and also Head of Wealth, Hakon.

Ida will start giving you the highlights from the quarter before we open up for questions. Ida?

Ida Lerner

DNB Bank ASA - CFO

Hello, and good afternoon to everyone. So I think I would just like to start with a bit of the main topics from a macroeconomic point of view.

The high activity level in the Norwegian economy has continued in the quarter. GDP growth was higher than anticipated by the Central Bank. And our economists

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