DNB stock gains 1.92 percent near its 52-week high

Published on 09/28/2026 at 17:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

DNB stock reached NOK 323.20 on September 28, 2026, with a market value of NOK 463.2 billion. Mediobanca set a NOK 380.00 target after its September 15 review.

Glaserner Bankturm am Fjordhafen bei Abenddämmerung, Symbolbild Bankensektor — DNB Bank ASA (ISIN NO0010161896) symbolisiert durch modernen Glasturm am Hafen einer nordischen Stadt, Illustration mit AI erstellt.

DNB stock gained 1.92 percent to NOK 323.20 on Oslo Bors on September 28, 2026, after trading between NOK 320.60 and NOK 325.80. The price stood 0.80 percent below its 52-week high of NOK 325.80, giving the move a clear technical reference.

Analyst target reaches NOK 380

MarketScreener reported on September 15, 2026, that Mediobanca raised its DNB price target from NOK 335.00 to NOK 380.00 and retained an outperform rating. The new target lies 17.58 percent above the September 28 price, while the broader analyst average stood at NOK 312.35.

MarketScreener reported on September 16, 2026, that Deutsche Bank lifted its target from NOK 298.00 to NOK 307.00 while reiterating a hold rating. The gap between the NOK 307.00 target and the latest DNB price shows why the analyst view remains divided.

Q3 brings income and capital signals

In its Q3 2026 pre-close call dated September 24, 2026, DNB said one additional interest day could lift third-quarter net interest income by NOK 120 million. The bank also reported a CET1 ratio of 17.4 percent in the second quarter, 100 basis points above the NFSA expected level of 16.4 percent.

The same call outlined a counter-factor: DNB expects an accounting loss of NOK 1.0 billion in the third quarter from the Luminor divestment. The transaction is also expected to add 20 basis points to the CET1 ratio, separating the near-term earnings effect from the capital position.

Profitability remains above target

DNB's investor-relations page lists NOK 43.6 billion in profit for fiscal year 2025 and a 15.9 percent return on equity. DNB sets a long-term return-on-equity target above 14 percent, so the reported 2025 level exceeded that threshold by 1.9 percentage points.

DNB's next quarterly report is scheduled for October 21, 2026, according to the financial calendar on the investor-relations page. The combination of a share price near its yearly high, a NOK 463.2 billion market capitalization and mixed analyst targets leaves the upcoming report as the next quantified test of earnings momentum.