DNB Bank ASA (DNBBY) Projected to Post Earnings on Wednesday

DNB Bank ASA (OTCMKTS:DNBBY) is anticipated to post its quarterly earnings results on Wednesday, January 29th. Analysts expect DNB Bank ASA to post earnings of $0.62 per share and revenue of $21,410,531.12 billion for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

DNB Bank ASA (OTCMKTS:DNBBY) last announced its quarterly earnings results on Tuesday, October 22nd. The company reported $0.73 earnings per share for the quarter, beating analysts’ consensus estimates of $0.61 by $0.12. The firm had revenue of $2.14 billion for the quarter. DNB Bank ASA had a net margin of 19.22% and a return on equity of 14.70%. On average, analysts expect DNB Bank ASA to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

DNB Bank ASA Price Performance

OTCMKTS DNBBY opened at $21.12 on Wednesday. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 3.49. DNB Bank ASA has a 12-month low of $17.40 and a 12-month high of $22.07. The firm’s 50 day moving average is $20.43 and its 200-day moving average is $20.47. The company has a market capitalization of $31.52 billion, a PE ratio of 8.31, a price-to-earnings-growth ratio of 1.72 and a beta of 1.30.

Analyst Upgrades and Downgrades

Separately, Citigroup raised DNB Bank ASA to a “hold” rating in a report on Friday, October 11th.

About DNB Bank ASA

DNB Bank ASA provides financial services for individual and business customers in Norway and internationally. The company offers savings, current, and pension accounts; fixed rate and security deposits; home and cabin mortgages, car and consumer loans, business loans, and refinancing; car, house, home contents, travel, personal, and non-life insurance product; payment services; and online and mobile banking services, as well as cards.