DNB Bank ASA (DNB Bank ASA) Credit Losses Provision : $286 Mil (As of Mar. 2024)

View and export this data going back to 2009. Start your Free Trial

What is DNB Bank ASA Credit Losses Provision?

DNB Bank ASA's credit losses provision for the three months ended in Mar. 2024 was $30 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2024 was $286 Mil.

DNB Bank ASA's quarterly credit losses provision declined from Sep. 2023 ($87 Mil) to Dec. 2023 ($87 Mil) and declined from Dec. 2023 ($87 Mil) to Mar. 2024 ($30 Mil).

DNB Bank ASA's annual credit losses provision increased from Dec. 2021 ($-97 Mil) to Dec. 2022 ($-28 Mil) and increased from Dec. 2022 ($-28 Mil) to Dec. 2023 ($251 Mil).

DNB Bank ASA Credit Losses Provision Historical Data

The historical data trend for DNB Bank ASA's Credit Losses Provision can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

DNB Bank ASA Credit Losses Provision Chart

DNB Bank ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Credit Losses Provision

Get a 7-Day Free Trial

242.80

1,139.07

-96.65

-27.53

251.10

DNB Bank ASA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Credit Losses Provision	Get a 7-Day Free Trial															-7.50	80.68	87.37	87.21	30.44

DNB Bank ASA Credit Losses Provision Calculation

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Credit Losses Provision for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $286 Mil.

DNB Bank ASA (DNB Bank ASA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » DNB Bank ASA (OTCPK:DNBBF) » Definitions » Credit Losses Provision

Comparable Companies

Traded in Other Exchanges

DNBBY:USA DNBo:Sweden DNB:Norway DNBo:UK 0O84:UK D1NC:Germany D1NC:Germany

Address

Dronning Eufemias gate 30, Bjorvika, Oslo, NOR, 0191

Website

https://www.dnb.no

DNB Bank ASA is a Norwegian financial services group. About one fourth of its income derives from its international business, including other parts of Europe, Asia, and the Americas. The group offers a full range of financial services, including loans, savings, advisory services, insurance, and pension products for retail and corporate customers. Just under half of its credit exposure is to personal costumers, overwhelmingly in residential mortgages. The other portion of its credit exposure is to large corporations, diversified across an array of industries, most notably oil and gas, shipping, and commercial real estate. The group's strategy emphasizes cost efficiency and customer service.

DNB Bank ASA (DNB Bank ASA) Headlines

From GuruFocus

Bernard Horn Comments on DNB

By Vera Yuan Vera Yuan • 08-07-2014