DNB Bank ASA (OTCPK:DNBBF)

$ 20.044 -0.316 (-1.55%) Market Cap: 29.37 Bil Enterprise Value: 65.58 Bil PE Ratio: 7.97 PB Ratio: 1.21 GF Score: 73/100

Q3 2021 DNB Bank ASA Earnings Call Transcript

Oct 21, 2021 / 11:30AM GMT

Release Date Price: $25.29 (-2.20%)

Transcript

Operator

Hello, and welcome to the DNB Q3 2021 Conference Call. My name is Courtney, and I'll be your coordinator for today's event. Please note that this conference is being recorded (Operator Instructions) And I will now hand you over to your host, Rune Helland, Head of Investor Relations, to begin today's conference. Thank you.

Rune Helland

DNB Bank ASA - Head of IR

Thank you very much. And hello, everyone, and welcome to DNB's third quarter analyst call here in Oslo. Around the table here in Oslo, we are a full executive team, including, of course, the CEO, Kjerstin Braathen; and the CFO, Ottar Ertzeid. Ottar, before we start to open up for Q&A, Ottar will give you a summary of the highlights for the third quarter. So please, Ottar?

Ottar Ertzeid

Thank you, Rune. We're happy today to present the best third quarter so far. The positive development reflects improved and strong outlook for the Norwegian economy, with the reopening of the society from September and also reflecting that unemployment is back to the pre-pandemic

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