DNB Downgraded: Rate Cuts and Loan Losses Squeeze Norway's Lender

Norway’s largest lender, DNB, just got downgraded after a disappointing quarter! BofA Securities cites shrinking profit margins, stalled loan growth, and rising loan losses, especially in Poland. Earnings and dividends are being revised down, but is DNB still a worthwhile investment? Find out how future rate cuts and a slowing Norwegian economy could impact the bank's performance and shareholder returns.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.