Q1: low-quality beat, 2024 NII outlook uncertainty

23/04/24 -"DNB posted a low-quality beat for the Q1-24 driven by an improvement in LLPs and slightly-better-than-projected costs. An excess capital build-up, which should lead to further buybacks in 2024, was ..."

Executive summary
Conflict of interest

Pages

Language

English

Published on

23/04/24

Download

You may also be interested by these reports :

03/05/24

Société Générale

SocGen posted a beat this quarter on the back of the strong recovery of Ayvens, the good performance of equities and the resilience of the rest of ...

03/05/24

Danske Bank

Danske realized a good quarter showing good progress on the achievement of its 2024 and 2026 financial targets. The positive revenue momentum is ...

03/05/24

AIB Group

The group had a very strong start to the year driven by revenue growth and a benign cost of risk. However, the management maintained its full-year ...

03/05/24

Valiant

Solid 1Q24 ahead of the presentation of the new mid-term strategy in June

EXECUTIVE SUMMARY

Updates

Pension Risks

Target & Opinion

Governance & Management

Business & Trends

Graphics : Momentum

Money Making

Graphics : MACD & Volumes

Debt

Graphics : Sensitivities

Valuation

Sector: Performance

DCF

Sector: Key data

NAV/SOTP

Sector: Ratios & Valorisation

Worth knowing

Sector: Peers

Financials

Sector: Analysis

CONFLICTS OF INTEREST

AlphaValue does not have nor seek any business with companies covered in AlphaValue Research paid by subscription. As a result, investors can be confident that there is no conflict of interest that could affect the objectivity of AlphaValue Research.

Corporate broking

Trading in corporate shares

Analyst ownership

Advising of corporate (strategy, marketing, debt, etc)

Research paid for by corporate

Provision of corporate access paid for by corporate

Link between and a banking entity

Brokerage activity at AlphaValue

DnB