Bifogade filer
Arion Bank: Preliminary results for Q2 2025 – Net earnings around ISK 10 billion, which is above analyst consensus
Prenumeration
Beskrivning
| Land | Island |
|---|---|
| Lista | Large Cap Iceland |
| Sektor | Finans |
| Industri | Bank |
The preliminary financial results for Q2 2025 show net earnings of around ISK 10 billion which results in around 19% return on equity attributable to shareholders of Arion Bank. Net earnings are approximately 45% above analyst consensus.
The main reasons are higher net interest income, higher valuation change on investment properties, lower expenses for the Group and more positive effects from impairments, than analysts estimated for the quarter.
Core income, the sum of net interest income, net commission income and net insurance income, is around 10% above analyst estimates.
The Q2 and six months 2025 financial accounts are still being finalized. The aforementioned amounts are therefore subject to change. The financial accounts for Q2 and six months of 2025 will be published on 30 July 2025.
Analyst consensus can be found here