DNB delivers good results in challenging times
DNB’s profit in the fourth quarter of 2023 was NOK 9 403 million after tax. This is NOK 698 million, or 6.9 per cent, lower than the corresponding quarter of 2022. The profit was driven by positive developments in net interest income and other income. It was also affected by the tax rate being 16 per cent, due to the distribution of debt interest in connection with international operations. For 2023 as a whole, the profit after tax was NOK 39.5 billion, an increase of NOK 6.0 billion, compared with 2022. The results were strong in all customer segments, with a particularly large