DNB Bank Posts Earnings Beat on Stable Economy and High Customer Activity

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DNB Bank’s second-quarter earnings beat forecasts as results were strong across all of its customer units, supported by a stable Norwegian economy with low unemployment and high activity.

Norway’s largest lender made a profit attributable to shareholders of 10.27 billion Norwegian kroner ($958.1 million), compared with NOK9.15 billion a year earlier. Net interest income rose 3.8% to NOK15.82 billion.

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