DNB Bank ASA — Earnings Release 2024

Apr 3, 2025

Carnegie Group

Carnegie Group - Financial performance

Amounts in SEK million	4Q24	FY2024
Net interest income	94	352
Net commissions and fees	1 200	4 142
Net financial items	4	21
Other income	3	13
Total income	1 301	4 528
Operating expenses *)	(1 086)	(3 625)
Pre-tax operating profit before impairment	215	903
Impairment of financial instruments	(4)	(11)
Pre-tax operating profit	211	892
Tax expense	(48)	(194)
Profit for the period	163	698

*) Including non-recurring expenses of approximately SEK 280 million for FY2024 (of which approximately SEK 150 million was booked in Q4), primarily related to M&A activities.

Carnegie Group - Asset under management

Amounts in SEK billion	31.12.24
Total Asset under management	480,0

Carnegie Group activity - Net commissions and fees

Amounts in SEK million	4Q24	FY2024
Fixed income, currencies and commodities	25	84
Equities	204	852
IBD	458	1 536
Total Markets activity	687	2 472
Private Banking	252	919
Asset management	261	751
Total Carnegie activity	1 200	4 142

Amounts in SEK million	FY2024
Money transfer and interbank transactions	57
Asset management services	1 398
Credit broking	49
Corporate finance	1 817
Custodial services	12
Securities broking	768
Other income from banking services	41
Net commissions and fees	4 142