Home Compare DNB.OL vs SEB-A.ST
Stock Comparison · Industry comparison · Banks - Regional

DNB Bank A vs Skandinaviska Enskilda Banken AB (publ): Which Stock Looks Stronger in 2026?

DNB Bank ASA holds the cleaner structural position, with profitability as the main driver and stability adding further support. Skandinaviska Enskilda Banken AB (publ) does not offset that deficit through any equally strong structural edge elsewhere. The market setup is broadly comparable for both — no clear directional signal from price behavior. The market is not adding a decisive signal either way — the structural read carries the weight.

The comparison is based on similar long-term financial trajectories, not sector labels. Both peer scores are relative to the STOXX 600 universe, making them directly comparable.

Updated 2026-07-05

Profitability remains the main source of distance in the comparison. DNB Bank ASA leads by 15 points on the overall comparison score.

INDUSTRY COMPARISON

Both operate in: Banks - Regional

This comparison is based on industry proximity, not on functional trajectory similarity. DNB.OL and SEB-A.ST share the same industry classification.

For a similarity-based comparison, see how DNB Bank ASA and SEB-A.ST each position within their functional peer groups in AssetNext.

Peer-Relative Score
DNB.OL
DNB Bank ASA
70
Peer-Score
Signal qualityMedium
Peer basis: STOXX 600
vs
SEB-A.ST
Skandinaviska Enskilda Banken AB (publ)
55
Peer-Score
Signal qualityMedium
Peer basis: STOXX 600

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

The largest gaps do not all point in the same direction.

Dimension spread: DNB.OL vs SEB-A.ST Profitability 89 50 Stability 69 57 Valuation 85 80 Growth 22 23 DNB.OL SEB-A.ST
Gap Ranking
#1 Profitability +39
#2 Stability +12
#3 Valuation +5
#4 Growth +1
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for DNB.OL and SEB-A.ST Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer DNB.OLSEB-A.ST Relative valuation Structural strength

DNB Bank ASA still looks stronger, and the price setup does not materially undermine that lead.

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Entry today — historical context

Where DNB.OL and SEB-A.ST each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY DNB.OL Elevated · above norm 0th 50th 100th 0 pct gap SEB-A.ST Elevated · above norm 0th 50th 100th 99th 99th
DNB.OL (99th percentile) and SEB-A.ST (99th percentile) both sit in the upper portion of their own 5-year ranges. The historical entry context is broadly similar for both. This reflects entry timing, not which company is structurally stronger.

Describes historical entry positioning only. Descriptive — not investment advice.

Relative Position vs Comparable Companies
Profitability
Both profiles are strong on profitability, but DNB Bank ASA leads clearly.
Stability
On stability, the same pattern holds: both rank well, but DNB Bank ASA still sits higher.
Profitability — Dominant Gap
DNB.OL
89
SEB-A.ST
50
Gap+39in favour of DNB.OL

The profitability lead is mainly driven by a 7.5-point operating margin advantage.

What else supports the lead

Stability adds another layer of support rather than leaving the result tied to profitability alone.

What this means for the comparison

Profitability is the clearest driver, and stability also supports DNB Bank ASA's broader structural position.

Explore full peer positioning in AssetNext

Break down the DNB.OL vs SEB-A.ST comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Similar profitability-driven comparisons

Explore how DNB.OL and SEB-A.ST each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.