Arion banki hf

Arion banki hf

ARION-SDB · ST · Financial Services / Banks - Regional

14.18SEK-0.08 (-0.56%)

Price History

Full chart

Market Stats

Previous Close14.26
Open14.26
Day Range14.00 – 14.28
52-Week Range12.60 – 15.78
Volume9.98K
Market Cap19.57B
P/E (TTM)8.16
Forward P/E0.00
EPS1.79
Dividend Yield0.00%
Beta0.41
50-Day Avg14.72
200-Day Avg14.53

About

Arion banki hf. provides various financial services to individuals, corporates, and investors in Iceland and internationally. The company operates through three segments: Retail Banking, Corporate and Investment Banking, and Markets and Stefnir. The Retail Banking segment offers financial services, which include deposits and loans, savings, payment cards, pensions, insurance, securities, and funds. Its Corporate & Investment Banking segment provides a range of products, such as guarantees, deposit accounts, payment solutions, and value-added digital solutions to SMEs, large-cap companies, and investors; and various financial advisory services, including M&A advisory, private placements, IPOs, and other offerings of securities. The Markets and Stefnir segment manages financial assets on behalf of its customers, as well as a range of mutual, investment, and institutional investor funds; operates and develops pension funds; and provides various services for capital markets and securities brokerage services. It is also involved in insurance and real estate business; and offers asset management and rental guarantee services. Arion banki hf. was incorporated in 2008 and is based in Reykjavík, Iceland.

Company Details

  • SectorFinancial Services
  • IndustryBanks - Regional
  • CEOMr. Benedikt Gislason
  • Employees899
  • HeadquartersBorgartUn 19, Reykjavík, Iceland, 105, Sweden
  • Websitehttps://www.arionbanki.is

Leadership

  • Mr. Benedikt GislasonChief Executive Officer · b. 1974
  • Mr. Olafur Hrafn HoskuldssonChief Financial Officer · b. 1981
  • Ms. Birna Hlín KáradóttirChief Operating Officer · b. 1978
  • Mr. Hakon Hrafn GrondalManaging Director of Corporate & Investment Banking · b. 1988
  • Mr. Bjorn BjornssonManaging Director of Information Technology & Chief Information Officer · b. 1980
  • Theodor FridbertssonHead of Investor Relations
  • Mr. Andres FjeldstedChief Compliance Officer · b. 1984
  • Mr. Haraldur Gudni EidssonHead of Corporate Communications
  • Mr. Stefan PeturssonAdvisor · b. 1963
  • Ms. Ida Bra BenediktsdottirDeputy CEO & MD of Retail Banking · b. 1976

Financials

Income Statement

Currency: ISK2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue43.23B43.29B77.14B84.26B85.39B74.90B76.14B75.64B72.03B80.10B98.33B142.77B152.57B191.15B
Growth (%)-+0.14%+78.21%+9.22%+1.35%-12.29%+1.65%-0.66%-4.77%+11.20%+22.76%+45.20%+6.86%+25.29%
Cost of Revenue--26.65B27.55B31.75B27.11B30.00B27.99B20.57B21.89B43.31B78.43B85.96B83.58B
Gross Profit43.23B43.29B50.49B56.70B53.64B47.79B46.14B47.65B51.46B58.20B55.02B64.34B66.61B107.57B
Gross Margin100.00%100.00%65.45%67.30%62.81%63.81%60.60%62.99%71.44%72.66%55.95%45.07%43.66%56.28%
Operating Expense25.73B28.27B24.05B4.25B25.27B26.68B33.16B29.88B31.48B24.20B25.66B29.01B31.54B60.74B
Operating Income17.50B15.02B26.44B52.45B28.37B21.11B12.98B17.77B19.98B34.00B29.36B35.34B35.07B46.83B
Operating Margin40.48%34.70%34.27%62.25%33.22%28.18%17.05%23.49%27.74%42.45%29.86%24.75%22.99%24.50%
EBITDA899.00M46.00B28.47B54.11B30.21B22.40B14.30B19.32B21.57B35.93B31.08B37.22B36.77B47.54B
EBITDA Margin2.08%106.27%36.91%64.22%35.38%29.90%18.79%25.54%29.95%44.85%31.61%26.07%24.10%24.87%
Net Income15.02B12.62B28.59B41.97B21.15B14.40B7.12B1.10B12.48B28.61B25.95B25.75B26.11B31.88B
Net Income Margin34.73%29.15%37.07%49.81%24.76%19.23%9.35%1.45%17.32%35.71%26.39%18.04%17.11%16.68%
Interest Expense--26.65B27.55B31.75B27.11B30.00B27.99B20.57B21.89B43.31B78.43B85.96B80.40B
Interest Expense % of Total Revenue--34.55%32.70%37.19%36.19%39.40%37.01%28.56%27.34%44.05%54.93%56.34%42.06%

Balance Sheet

Currency: ISK2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets900.67B938.85B933.74B1.01T1.04T1.15T1.16T1.08T1.17T1.31T1.47T1.53T1.62T1.76T
Total Liabilities769.80B793.90B771.52B809.15B824.64B922.02B963.47B892.03B974.86B1.12T1.28T1.33T1.41T1.54T
Total Equity127.07B140.09B160.71B192.79B211.21B225.61B200.73B189.64B197.67B193.93B187.31B198.80B206.58B217.33B
Cash105.17B99.68B21.06B48.10B87.63B139.82B83.14B95.72B42.14B69.06B114.12B102.09B124.09B150.11B
Total Debt-232.35B232.22B266.42B342.88B425.06B465.33B358.78B335.79B392.60B440.86B462.81B478.69B539.21B
Net Debt-105.17B132.67B211.16B218.32B251.84B245.18B341.18B230.03B293.66B323.55B326.75B360.72B354.60B389.10B

Cash Flow

Currency: ISK2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow66.60B-39.20B3.38B36.59B17.48B62.66B-24.51B-9.56B-54.61B64.47B57.39B-11.37B23.59B-424.74M
Investing Cash Flow-2.91B-2.88B-510.00M16.03B21.37B-5.04B-1.53B-1.96B-1.78B-296.00M17.06B-977.00M-1.15B-76.34B
Financing Cash Flow-46.27B44.43B-11.33B-32.81B-18.17B-63.00M-26.54B1.27B8.42B-30.68B-19.93B-22.05B-16.54B97.86B
Capital Expenditure961.00M2.84B2.47B1.50B2.29B2.43B1.75B3.25B3.28B1.59B773.00M927.00M947.00M482.00M
Free Cash Flow65.64B-42.03B915.00M35.09B15.19B60.23B-26.26B-12.80B-57.89B62.88B56.62B-12.29B22.65B-906.74M
Dividends Paid--7.81B12.81B16.18B16.18B16.18B9.07B2.86B2.86B22.49B12.36B13.06B16.78B
FCF to OCF98.56%107.24%27.04%95.90%86.91%96.12%107.12%133.99%106.00%97.54%98.65%108.16%95.99%213.48%
Dividend Paid to FCF--853.66%36.50%106.55%26.87%-61.64%-70.82%-4.94%4.54%39.72%-100.51%57.66%-1850.06%

Earnings

Report DateAug 2, 2018Oct 31, 2018Feb 13, 2019May 8, 2019Aug 8, 2019Oct 30, 2019Feb 12, 2020May 6, 2020Jul 29, 2020Oct 28, 2020Feb 10, 2021May 5, 2021Jul 28, 2021Oct 27, 2021Feb 9, 2022May 4, 2022Jul 27, 2022Oct 26, 2022Feb 8, 2023May 4, 2023Jul 26, 2023Oct 26, 2023Feb 7, 2024Apr 30, 2024Jul 25, 2024Oct 30, 2024
EPS Estimate1.011.321.331.161.141.54-1.811.791.881.961.732.172.440.160.280.270.150.250.280.340.380.330.000.000.000.00
EPS Actual1.350.631.491.231.562.10-1.53-0.742.892.893.343.404.600.000.280.270.210.250.270.340.380.330.000.000.000.00
Surprise33.66%-52.27%12.03%6.03%36.84%36.36%15.47%-141.34%53.72%47.45%93.06%56.68%88.52%-100.00%1.54%-0.30%40.20%-1.48%-4.00%0.53%1.08%1.42%----
TimingAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-------------

Key Statistics & Ratios

Market Cap19.57B
Enterprise Value445.70B
Trailing P/E8.16
Forward P/E0.00
Price / Sales3.05
Price / Book1.16
EPS1.79
Book Value151.93
Revenue (TTM)71.57B
Gross Profit (TTM)71.57B
Profit Margin40.48%
Operating Margin0.00%
Return on Equity14.38%
Return on Assets1.67%
Shares Outstanding1.34B
Shares Float1.32B
Beta0.41
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Dividends

20221×
1.09Mar 17, 2022
20191×
0.41Mar 21, 2019