Earnings Call Summary | DNB BANK ASA SPON ADR EACH REP 1 ORD SHS(DNBBY.US) Q1 2024 Earnings Conference
Earnings Call Summary | DNB BANK ASA SPON ADR EACH REP 1 ORD SHS(DNBBY.US) Q1 2024 Earnings Conference
A 3.9% deposit growth was recorded with a substantial 7.2% contribution from corporate banking.The following is a summary of the DNB Bank ASA (DNBBY) Q1 2024 Earnings Call Transcript:
以下是DNB銀行ASA（DNBBY）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
DNB's return on equity was 15.6% for Q1 2024.
Loan growth of 0.7% was observed, largely due to a 2.8% rise in corporate banking.
A 3.9% deposit growth was recorded with a substantial 7.2% contribution from corporate banking.
Net interest income decelerated by 2.9% owing to lower credit growth, product mix effects, and reduced interest days.
Net commission and fees rose 2.6% from a strong preceding quarter, assets under management surpassed NOK1,000 billion.
For Q1, the capital ratio stood at 19%, leverage ratio at 6.2%, and earnings per share increased to NOK6.48.
Impairment provisions for the quarter totaled NOK323 million.
DNB在2024年第一季度的股本回報率爲15.6％。
觀察到貸款增長了0.7％，這主要是由於企業銀行業務增長了2.8％。
存款增長了3.9％，企業銀行業務的出資爲7.2％。
由於信貸增長放緩、產品組合效應和利息天數減少，淨利息收入減速了2.9％。
淨佣金和費用較上一季度的強勁增長了2.6％，管理的資產超過了10億挪威克朗。
第一季度，資本比率爲19％，槓桿率爲6.2％，每股收益增至6.48挪威克朗。
該季度的減值準備金總額爲 NOK323 百萬美元。
Business Progress:
業務進展：
The Norwegian economy is expected to exhibit modest growth, with mainland GDP growth projected at 0.8% in 2024 and 1.5% in 2025.
The revitalization in household consumption is forecasted for H2 2024.
DNB plans to increase corporate investments in manufacturing and power supply by 2026 and 2027.
Interest rates are predicted to sustain their high level for a more extended period, followed by a gradual reduction starting from the end of 2024.
Regarding strategy, DNB focuses on its market shifts and the technical integration of Sbanken to reinforce its competitive strength.
In terms of capital, DNB demonstrated a strong position with a core equity ratio of 19% and aims a sustainable cost-income ratio below 40%.
The integration with Sbanken has impacted DNB in terms of improving credit quality and customer numbers and is expected to reduce the gross cost base.
預計挪威經濟將呈現溫和增長，預計2024年大陸國內生產總值增長0.8％，2025年增長1.5％。
預計2024年下半年家庭消費將復甦。
DNB計劃到2026年和2027年增加企業對製造業和電力供應的投資。
預計利率將在更長的時間內維持高水平，隨後從2024年底開始逐步降低。
在戰略方面，DNB專注於其市場變化和Sbanken的技術整合，以增強其競爭力。
在資本方面，DNB表現出強勢地位，核心股本比率爲19％，目標是將可持續的成本收入比率保持在40％以下。
與Sbanken的整合在提高信貸質量和客戶數量方面對DNB產生了影響，預計將降低總成本基礎。
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譯文內容由第三人軟體翻譯。