Strong growth in mutual funds and increased momentum in the housing market and among businesses
DNB’s profit in the first quarter of 2024 was NOK 10.2 billion. This is NOK 0.3 billion, or 2.6 per cent, lower than the corresponding quarter of last year. DNB’s strong results were partly driven by a positive trend in the corporate market – not only in Norway, but also abroad. Around a quarter of DNB’s income in the first quarter came from the Group’s international operations. At the same time, the Norwegian economy continues to show resilience in a time of higher interest rates, and this has also contributed positively to DNB’s results. “A stronger than expected start to the