DNB Bank ASA (CHIX:DNBO) Shares Outstanding (EOP): 1,453 Mil (As of Mar. 2026)


CHIX:DNBO DNB Bank ASA CHIX:DNBO
73 GF Score
Price kr292.35
GF Value kr265.62
Valuation Fairly Valued
! 7 Warning Signs
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What is DNB Bank ASA Shares Outstanding (EOP)?

DNB Bank ASA CHIX:DNBO 73 Shares Outstanding (EOP) is 1,453 Mil as of Mar. 2026. GuruFocus rates CHIX:DNBO with a GF Score™ of 73/100 and a GF Value™ of kr265.62 (Fairly Valued). The stock has 7 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. DNB Bank ASA's shares outstanding for the quarter that ended in Mar. 2026 was 1,453 Mil.

DNB Bank ASA's quarterly shares outstanding declined from Dec. 2025 (1,461 Mil) to Mar. 2026 (1,453 Mil). It means DNB Bank ASA bought back shares from Dec. 2025 to Mar. 2026 .

DNB Bank ASA's annual shares outstanding declined from Dec. 2024 (1,483 Mil) to Dec. 2025 (1,461 Mil). It means DNB Bank ASA bought back shares from Dec. 2024 to Dec. 2025 .


DNB Bank ASA  (CHIX:DNBo) Shares Outstanding (EOP) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


DNB Bank ASA Shares Outstanding (EOP) Related Terms


DNB Bank ASA Shares Outstanding (EOP) Historical Data

* Premium members only.

The historical data trend for DNB Bank ASA's Shares Outstanding (EOP) 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.

DNB Bank ASA Shares Outstanding (EOP) Chart

DNB Bank ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,550.37 1,550.37 1,516.84 1,482.68 1,460.97

DNB Bank ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Shares Outstanding (EOP) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,482.68 1,475.93 1,467.85 1,460.97 1,453.23

DNB Bank ASA Shares Outstanding (EOP) Competitor Comparison

For the Banks - Regional subindustry, DNB Bank ASA's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


DNB Bank ASA Shares Outstanding (EOP) vs Banks Industry

For the Banks industry and Financial Services sector, DNB Bank ASA's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where DNB Bank ASA's Shares Outstanding (EOP) falls into.


CHIX:DNBO
73GF Score
DNB Bank ASA CHIX:DNBO
Shares Outstanding (EOP) is just one metric. See GF Score™, valuation, warning signs, and more.
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DNB Bank ASA Shares Outstanding (EOP) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that end of period. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (EOP) of 1,453 Mil mean?
DNB Bank ASA (CHIX:DNBO) has a Shares Outstanding (EOP) of 1,453 Mil as of Mar. 2026. The total shares a company has outstanding, at period-end. View historical data on DNB Bank ASA and its competitors.
Is DNB Bank ASA's Shares Outstanding (EOP) too high?
DNB Bank ASA's current Shares Outstanding (EOP) is 1,453 Mil. Overall, DNB Bank ASA has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does DNB Bank ASA's Shares Outstanding (EOP) compare to competitors?
DNB Bank ASA's Shares Outstanding (EOP) of 1,453 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for a Banks company?
A good Shares Outstanding (EOP) depends on the Banks industry context. However, Shares Outstanding (EOP) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on DNB Bank ASA and its competitors. DNB Bank ASA's current Shares Outstanding (EOP) is 1,453 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DNB Bank ASA stock overvalued right now?
Based on GuruFocus' analysis, DNB Bank ASA (CHIX:DNBO) is currently considered Fairly Valued. The stock's GF Value™ is kr265.62, compared to a current price of kr292.35 — trading 10.1% above its estimated fair value. The current Shares Outstanding (EOP) is 1,453 Mil. DNB Bank ASA's overall GF Score™ is 73/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For DNB Bank ASA (CHIX:DNBO), the current Shares Outstanding (EOP) is 1,453 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is DNB Bank ASA (CHIX:DNBO) Overvalued in 2026?

Based on GuruFocus' analysis, DNB Bank ASA stock appears to be overvalued. The current stock price of kr292.35 is trading 10.1% above its estimated GF Value™ of kr265.62. GuruFocus considers DNB Bank ASA to be Fairly Valued.

Key valuation signals for CHIX:DNBO:

  • Shares Outstanding (EOP): 1,453 Mil
  • GF Value™: kr265.62 vs. price of kr292.35 (10.1% above fair value)
  • GF Score™: 73/100 with 7 warning signs

No single metric tells the full story. See the CHIX:DNBO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DNB Bank ASA Business Description

Address Dronning Eufemias gate 30, Bjorvika, Oslo, NOR, 0191
DNB Bank ASA is a Norwegian financial services group offering financial products and services, including loans and deposits, mutual funds and asset management, life insurance and pension savings, payment and financing services, real estate broking, and services related to the money and capital markets. DNB has the following operating segments: Personal customers, Corporate customers Norway, Large corporates and international customers, and Others. Maximum revenue is generated from its Large corporates and international customers business, which caters to corporate customers across different industries, providing them with various banking and advisory services as well as access to online and mobile banking, and other digital services. DNB derives maximum revenue from its Banking activities.
73GF Score

Get the complete analysis for CHIX:DNBO

Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr292.35
Price
kr265.62
GF Value