Stock and press releases

DNB's stock and press releases

2008

Fourth quarter report 2007 DnB NOR Bank ASA

Fourth quarter report 2007 DnB NOR Bank ASA

Financial highlights

Fourth quarter 2007
· Pre-tax operating profits before write-downs were down 1.2 per cent to NOK 3.2 billion (3.2)
· Profit for the period increased by 60.7 per cent to NOK 3.7 billion (2.3)
· Return on equity was 24.6 per cent (16.7)
· Expenses represented 51.3 per cent of income (49.8)
· The core capital ratio was 7.9 per cent (6.8)

Full year 2007
· Pre-tax operating profits before write-downs were up 6.4 per cent to NOK 13.1 billion (12.3)
· Profit for the year increased by 18.6 per cent to NOK 11.4 billion (9.6)
· Return on equity was 19.7 per cent (18.2)
· Expenses represented 50.6 per cent of income (50.1)
· The core capital ratio was 7.9 per cent (6.8)