Financial Ratios Íslandsbanki hf.

Equities

ISB

IS0000028538

Banks

Market Closed - Nasdaq Iceland Other stock markets 16:00:00 09/02/2026 GMT			5-day change	1st Jan Change
142.00 ^ISK	-2.07%		-1.05%	-3.73%

01-20	Islandsbanki appoints Heidar Gudjonsson as chairman	RE
01-19	Íslandsbanki hf. Announces Board Appointments	CI

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Published financial data: ÍSLANDSBANKI HF.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Interest Income On Loans	55.7B	56.22B	94.01B	126B	135B
Interest Income On Investments	-	2.4B	-	11.05B	6.06B
Interest Income, Total	55.7B	58.62B	94.01B	137B	141B
Interest On Deposits	22.32B	24.58B	50.89B	88.53B	94.08B
Interest Expense, Total	22.32B	24.58B	50.89B	88.53B	94.08B
Net Interest Income	33.37B	34.04B	43.13B	48.61B	47.26B
Gain (Loss) on Sale of Assets	-	18M	-	219M	62M
Gain (Loss) on Sale of Invest. & Securities - (Rev)	-	60M	158M	-	-
Income (Loss) on Equity Invest. (Income Block)	44M	73M	40M	207M	650M
Total Other Non Interest Income	9.74B	15.98B	13.91B	15.2B	13.65B
Non Interest Income, Total	9.78B	16.13B	14.11B	15.63B	14.36B
Revenues Before Provison For Loan Losses	43.15B	50.17B	57.24B	64.24B	61.63B
Provision For Loan Losses	8.82B	-3.02B	-1.58B	1.02B	-645M
Total Revenues	34.34B	53.19B	58.81B	63.22B	62.27B
Salaries And Other Employee Benefits	12.92B	13.4B	13.45B	15B	16.33B
Federal Deposit Insurance	679M	688M	165M	-	-
Selling General & Admin Expenses, Total	-	-	-	860M	470M
Total Other Non Interest Expense	11.42B	11.48B	12.32B	13.61B	13.2B
Non Interest Expense, Total	25.01B	25.57B	25.94B	29.47B	30B
EBT, Excl. Unusual Items	9.32B	27.62B	32.87B	33.75B	32.28B
Asset Writedown	-	-	-	-	1.31B
Legal Settlements	-	-	-	-	-
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	9.32B	27.62B	32.87B	33.75B	33.58B
Income Tax Expense	2.47B	5.12B	8.48B	9.2B	9.43B
Earnings From Continuing Operations	6.85B	22.5B	24.39B	24.55B	24.16B
Earnings Of Discontinued Operations	-97M	1.22B	149M	35M	87M
Net Income to Company	6.76B	23.72B	24.54B	24.58B	24.25B
Minority Interest	306M	7M	-	-	-
Net Income - (IS)	7.06B	23.73B	24.54B	24.58B	24.25B
Net Income to Common Incl Extra Items	7.06B	23.73B	24.54B	24.58B	24.25B
Net Income to Common Excl. Extra Items	7.16B	22.51B	24.39B	24.55B	24.16B
Per Share Items
Net EPS - Basic	3.53	11.87	12.27	12.34	12.54
Basic EPS - Continuing Operations	3.58	11.26	12.19	12.32	12.49
Basic Weighted Average Shares Outstanding	2B	2B	2B	1.99B	1.93B
Net EPS - Diluted	3.53	11.87	12.27	12.34	12.54
Diluted EPS - Continuing Operations	3.58	11.26	12.19	12.32	12.49
Diluted Weighted Average Shares Outstanding	2B	2B	2B	1.99B	1.93B
Normalized Basic EPS	3.07	8.64	10.27	10.59	10.43
Normalized Diluted EPS	3.07	8.64	10.27	10.59	10.43
Dividend Per Share	8.5	5.95	6.15	6.26	6.46
Payout Ratio	-	14.33	48.5	49.84	50.74
Supplemental Items
Effective Tax Rate - (Ratio)	26.51	18.53	25.81	27.25	28.07
Current Domestic Taxes	-	-	-	-	-
Total Current Taxes	3.05B	3.34B	5.66B	7.55B	8.13B
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	-1.45B	903M	1.9B	-242M	-1.14B
Normalized Net Income	6.13B	17.27B	20.54B	21.09B	20.17B

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	116B	131B	139B	86.47B	48.58B
Investment Securities, Total	144B	165B	151B	179B	172B
Trading Asset Securities, Total	6.65B	2.44B	7.46B	5.78B	5.32B
Total investments	150B	167B	158B	184B	177B
Gross Loans	1,073B	1,123B	1,264B	1,307B	1,355B
Allowance For Loan Losses	-17.51B	-13.56B	-11.13B	-11.73B	-7.82B
Other Adjustments to Gross Loans	-4.96B	-5.57B	-10.82B	-16.75B	-14.94B
Net Loans	1,050B	1,104B	1,242B	1,278B	1,332B
Gross Property Plant And Equipment	10.91B	11.02B	11.59B	12.09B	10.12B
Accumulated Depreciation	-3.56B	-4.01B	-4.84B	-5.53B	-5.08B
Net Property Plant And Equipment	7.34B	7.01B	6.75B	6.56B	5.04B
Goodwill	-	-	-	-	-
Other Intangibles, Total	3.48B	3.35B	3.28B	2.93B	2.68B
Investment in Real Estate	-	-	-	-	2.6B
Accrued Interest Receivable	200M	252M	166M	-	-
Other Receivables	2.03B	1.58B	1.8B	1.7B	2.25B
Restricted Cash	9.26B	9.26B	10B	19.83B	30.93B
Other Current Assets, Total	1.8B	1.41B	400M	503M	648M
Deferred Tax Assets Long-Term (Collected)	-	94M	-	120M	164M
Other Real Estate Owned And Foreclosed	1.56B	269M	728M	749M	1.62B
Other Long-Term Assets, Total	1.72B	3.52B	3.71B	1.32B	4.24B
Total Assets	1,344B	1,429B	1,566B	1,583B	1,608B
Liabilities
Accrued Expenses, Total	2.31B	2.46B	2.45B	2.39B	2.74B
Interest Bearing Deposits	136B	98.73B	108B	115B	130B
Non-Interest Bearing Deposits	583B	659B	697B	752B	809B
Total Deposits	719B	757B	805B	867B	939B
Short-Term Borrowings	7.74B	7.67B	10.68B	4.6B	7.36B
Current Portion of Long-Term Debt	29.89B	78.37B	89.67B	33.62B	40.57B
Current Portion of Leases	492M	516M	537M	600M	612M
Long-Term Debt	383B	360B	413B	422B	359B
Long-Term Leases	3.47B	3.32B	3.17B	3.12B	2.78B
Current Income Taxes Payable	5.45B	5.9B	9.04B	11.16B	11.62B
Other Current Liabilities - (Bank / Utility Template)	1.68B	4.2B	3.21B	6.83B	6.43B
Unearned Revenue Non Current	-	-	-	-	-
Deferred Tax Liability Non-Current	2M	536M	3.09B	1.94B	1.29B
Other Non Current Liabilities	4.7B	5.26B	7.52B	4.91B	9.13B
Total Liabilities	1,158B	1,225B	1,347B	1,358B	1,380B
Common Stock, Total	10B	10B	10B	9.9B	9.47B
Additional Paid In Capital	55B	55B	55B	55B	55B
Retained Earnings	120B	140B	152B	162B	163B
Comprehensive Income and Other	125M	-1.05B	1.79B	-1.82B	-134M
Total Common Equity	185B	204B	219B	225B	227B
Minority Interest	1.49B	-	-	-	-
Total Equity	186B	204B	219B	225B	227B
Total Liabilities And Equity	1,344B	1,429B	1,566B	1,583B	1,608B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	2B	2B	2B	1.98B	1.89B
ECS Total Common Shares Outstanding	2B	2B	2B	1.98B	1.89B
Book Value / Share	92.36	101.86	109.44	113.5	120
Tangible Book Value	181B	200B	216B	222B	225B
Tangible Book Value Per Share	90.62	100.18	107.8	112.02	118.58
Average Assets	-	1,411B	-	1,598B	-
Average Loans	-	1,065B	-	1,221B	-
Total Debt	425B	449B	517B	464B	410B
Deposits at Interest - Cash	-	126B	-	82.82B	44.96B
Net Debt	302B	316B	371B	372B	356B
Equity Method Investments, Total	775M	939M	3.84B	4.05B	4.7B
Full Time Employees	779	735	739	764	772
Number Of Offices	-	12	-	12	12

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	7.06B	23.73B	24.54B	24.58B	24.25B
Depreciation, Depletion & Amortization	838M	828M	858M	886M	915M
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	-	-
Total Depreciation, Depletion & Amortization	838M	828M	858M	886M	915M
Amortization of Deferred Charges, Total	613M	550M	542M	734M	717M
(Gain) Loss On Sale of Asset - (CF)	-	-18M	-19M	-219M	-24M
(Gain) Loss on Sale of Investments - (CF)	9.06B	295M	146M	175M	-1.22B
Total Asset Writedown	1.86B	-1.51B	-5.12B	2.32B	-1.09B
Provision for Credit Losses	-	-2.96B	-1.84B	1.02B	645M
(Income) Loss On Equity Investments - (CF)	-45M	-133M	-198M	-207M	-688M
Change in Trading Asset Securities	-	-	-	-	-
Change in Other Net Operating Assets (Collected)	-169B	-78.35B	-99.62B	-52.77B	-47.6B
Other Operating Activities	9.33B	15.77B	-1.17B	-14.24B	-18.3B
Net Cash From Discontinued Operations	97M	-1.22B	-149M	-35M	-87M
Cash from Operations	-140B	-43.02B	-82.03B	-37.75B	-42.49B
Capital Expenditure	-552M	-206M	-273M	-311M	-426M
Sale of Property, Plant, and Equipment	24M	29M	35M	374M	101M
Cash Acquisitions	-4.56B	2.73B	-1.1B	-	-
Divestitures	2.38B	-	-	-	-
Purchase / Sale of Intangible Assets	-260M	-442M	-470M	-385M	-501M
Sale (Purchase) of Real Estate Properties (Collected)	-	-	-	-	-96M
Investment in Marketable and Equity Securities, Total	-	-	-	-	-
Cash from Investing	-2.96B	2.11B	-1.81B	-322M	-922M
Long-Term Debt Issued, Total	80.78B	86.05B	192B	117B	104B
Total Debt Issued	80.78B	86.05B	192B	117B	104B
Long-Term Debt Repaid, Total	-34.06B	-66.12B	-130B	-181B	-151B
Total Debt Repaid	-34.06B	-66.12B	-130B	-181B	-151B
Repurchase of Common Stock	-	-	-	-2.31B	-9.05B
Common Dividends Paid	-	-3.4B	-11.9B	-12.25B	-12.3B
Common & Preferred Stock Dividends Paid	-	-3.4B	-11.9B	-12.25B	-12.3B
Net Increase (Decrease) in Deposit Accounts - (CF)	59.7B	40.48B	42.59B	63.96B	74.54B
Other Financing Activities, Total	-	-1.13B	-	-	-
Cash from Financing	106B	55.88B	92.28B	-14.44B	5.62B
Foreign Exchange Rate Adjustments	160M	-40M	5M	-51M	-92M
Net Change in Cash	-36.81B	14.93B	8.44B	-52.56B	-37.89B
Supplemental Items
Cash Interest Paid	20.46B	18.69B	42.17B	76.07B	94.69B
Cash Income Tax Paid (Refund)	6.75B	5.38B	3.58B	7.16B	9.41B
Net Debt Issued / Repaid	46.72B	19.93B	61.58B	-63.84B	-47.56B

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	0.54	1.62	1.63	1.56	1.51
Return On Equity %	3.74	11.54	11.54	11.07	10.69
Return on Common Equity	3.95	11.59	11.54	11.07	10.69
Shareholders Value Added	-14.68B	427M	-820M	-2.03B	-2.88B
Margin Analysis
SG&A Margin	37.62	25.19	22.87	25.09	26.98
Net Interest Income / Total Revenues %	97.19	64	73.33	76.89	75.9
EBT Excl. Non-Recurring Items Margin %	27.15	51.93	55.89	53.38	51.83
Income From Continuing Operations Margin %	19.96	42.31	41.46	38.83	38.8
Net Income Margin %	20.56	44.62	41.72	38.89	38.94
Net Avail. For Common Margin %	20.85	42.32	41.46	38.83	38.8
Normalized Net Income Margin	17.86	32.47	34.93	33.36	32.39
Asset quality
Nonperforming Loans / Total Loans %	-	1.92	-	1.7	1.59
Nonperforming Loans / Total Assets %	-	1.51	-	1.41	1.34
Nonperforming Assets / Total Assets %	-	1.53	-	1.45	1.44
NPAs / Loans and OREO	-	1.94	-	1.76	1.7
NPAs / Equity	-	10.72	-	10.25	10.16
Allowance for Credit Losses / Net Charge-offs %	-	1.48K	-	1.37K	1.49K
Allowance for Credit Losses / Nonperforming Loans %	-	62.87	-	52.66	36.39
Allowance for Credit Losses / Total Loans %	1.63	1.21	0.88	0.9	0.58
Net Charge-offs / Total Average Loans %	-	0.09	-	0.07	-
Provision for Loan Losses / Net Charge-offs %	-	-329.48	-	118.71	-122.62
Interest Income / Average Assets	-	4.15	-	8.58	-
Interest Expense / Average Assets	-	1.74	-	5.54	-
Net Interest Income / Average Assets	-	2.41	-	3.04	-
Non Interest Income / Average Assets	-	1.14	-	0.98	-
Non Interest Expense / Average Asset	-	1.81	-	1.84	-
Capital And Funding
Total Average Common Equity / Total Average Assets %	14.24	14.01	14.11	14.09	14.17
Total Average Equity / Total Average Assets %	14.4	14.06	14.11	14.09	14.17
Total Equity + Allowance for Loan Losses / Total Loans %	18.85	19.34	18.19	18.09	17.36
Gross Loans / Total Deposits %	149.19	148.33	157.06	150.75	144.25
Net Loans / Total Deposits %	146.07	145.8	154.33	147.47	141.83
Tier 1 Capital Ratio %	-	22.5	-	22.5	21
Total Capital Ratio %	-	25.3	-	25.3	23.2
Core Tier 1 Capital Ratio	-	21.3	-	21.4	20.1
Tier 2 Capital Ratio	-	2.8	-	2.9	2.14
Coverage Ratio	-	62.87	-	52.66	36.39
Interbank Ratio	-	332.41	730.65	459.39	408.76
Fixed Charges Coverage
EBT + Interest Expense / Interest Expense	1.42	2.12	1.65	1.38	1.36
Growth Over Prior Year
Net Interest Income, 1 Yr. Growth %	1.67	2.01	26.68	12.72	-2.77
Non Interest Income, 1 Yr. Growth %	-12.97	64.88	-12.52	10.74	-2.13
Provision For Loan Losses, 1 Yr. Growth %	153.33	-134.23	-47.78	-164.4	-163.55
Total Revenues, 1 Yr. Growth %	-15.39	54.91	10.57	7.5	0
Earnings From Cont. Operations, 1 Yr. Growth %	-22.35	228.43	8.36	0.67	-1.59
Net Income, 1 Yr. Growth %	-19.84	236.1	3.38	0.2	-1.38
Normalized Net Income, 1 Yr. Growth %	-19.55	181.59	18.95	2.67	-4.36
Diluted EPS Before Extra, 1 Yr. Growth %	-22.02	214.49	8.33	1.08	1.36
Dividend Per Share, 1 Yr. Growth %	-	-30	3.36	1.79	3.19
Gross Loans, 1 Yr. Growth %	12.98	4.7	12.56	3.34	3.69
Allowance For Loan Losses, 1 Yr. Growth %	70.07	-22.55	-17.94	5.35	-33.32
Net Loans, 1 Yr. Growth %	12.59	5.12	12.52	2.87	4.22
Non Performing Loans, 1 Yr. Growth %	-	-26.23	-	5.44	-3.52
Non Performing Assets, 1 Yr. Growth %	-	-29.08	-	5.35	0.36
Total Assets, 1 Yr. Growth %	12.06	6.3	9.62	1.05	1.59
Total Deposits, 1 Yr Growth %	10.78	5.31	6.3	7.66	8.36
Tangible Book Value, 1 Yr. Growth %	4.57	10.55	7.6	2.86	1.31
Common Equity, 1 Yr. Growth %	3.98	10.29	7.44	2.66	1.18
Total Equity, 1 Yr. Growth %	3.41	9.4	7.44	2.66	1.18
Compound Annual Growth Rate Over Two Years
Net Interest Income, 2 Yr. CAGR %	2.22	1.84	13.68	19.5	4.69
Non Interest Income, 2 Yr. CAGR %	-13.42	19.79	20.1	-1.57	0.89
Provision For Loan Losses, 2 Yr. CAGR %	294.32	-6.87	-57.72	-42.01	-36.03
Total Revenues, 2 Yr. CAGR %	-13.18	14.48	30.87	9.02	2.9
Earnings From Cont. Operations, 2 Yr. CAGR %	-16.1	59.7	88.65	4.45	-0.47
Net Income, 2 Yr. CAGR %	-20.01	64.14	86.41	1.78	-0.59
Normalized Net Income, 2 Yr. CAGR %	-16.5	50.51	83.02	10.51	-0.91
Diluted EPS Before Extra, 2 Yr. CAGR %	-15.91	56.6	84.58	4.64	1.22
Dividend Per Share, 2 Yr. CAGR %	79.1	-	-14.94	2.57	2.49
Gross Loans, 2 Yr. CAGR %	10.57	8.76	8.56	7.85	3.52
Allowance For Loan Losses, 2 Yr. CAGR %	47.55	14.77	-20.28	-7.02	-16.19
Net Loans, 2 Yr. CAGR %	10.33	8.79	8.76	7.59	3.55
Non Performing Loans, 2 Yr. CAGR %	-	-	-	-	0.86
Non Performing Assets, 2 Yr. CAGR %	-	-	-	-	2.83
Total Assets, 2 Yr. CAGR %	9.05	9.14	7.94	5.25	1.32
Total Deposits, 2 Yr CAGR %	9.98	8.01	5.8	6.98	8.01
Tangible Book Value, 2 Yr. CAGR %	3.56	7.52	9.07	5.21	2.08
Common Equity, 2 Yr. CAGR %	3.03	7.09	8.86	5.02	1.92
Total Equity, 2 Yr. CAGR %	2.77	6.36	8.42	5.02	1.92
Compound Annual Growth Rate Over Three Years
Net Interest Income, 3 Yr. CAGR %	3.61	2.15	9.53	13.36	11.56
Non Interest Income, 3 Yr. CAGR %	-11.66	7.32	7.87	16.9	-3.79
Provision For Loan Losses, 3 Yr. CAGR %	56.66	74.6	-23.21	-51.35	-40.21
Total Revenues, 3 Yr. CAGR %	-9.6	5.3	13.16	22.57	5.4
Earnings From Cont. Operations, 3 Yr. CAGR %	-13.67	32.23	40.33	53.02	2.39
Net Income, 3 Yr. CAGR %	-19.58	29.07	40.7	51.57	0.72
Normalized Net Income, 3 Yr. CAGR %	-15.21	25.22	39.16	50.94	5.31
Diluted EPS Before Extra, 3 Yr. CAGR %	-13.35	30.52	38.5	51.01	3.53
Dividend Per Share, 3 Yr. CAGR %	9.35	30.95	-	-9.69	2.78
Gross Loans, 3 Yr. CAGR %	11.06	8.58	10.01	6.79	6.45
Allowance For Loan Losses, 3 Yr. CAGR %	19.01	19.02	2.63	-12.51	-16.77
Net Loans, 3 Yr. CAGR %	11.11	8.56	10.02	6.76	6.46
Non Performing Loans, 3 Yr. CAGR %	-	7.82	-	-8.68	-
Non Performing Assets, 3 Yr. CAGR %	-	6.22	-	-9.25	-
Total Assets, 3 Yr. CAGR %	9.08	8.12	9.3	5.6	4.01
Total Deposits, 3 Yr CAGR %	7.54	8.4	7.44	6.42	7.44
Tangible Book Value, 3 Yr. CAGR %	1.3	5.84	7.55	6.96	3.89
Common Equity, 3 Yr. CAGR %	1.13	5.4	7.21	6.75	3.73
Total Equity, 3 Yr. CAGR %	0.94	4.93	6.72	6.46	3.73
Compound Annual Growth Rate Over Five Years
Net Interest Income, 5 Yr. CAGR %	3.56	1.37	7.53	8.76	7.57
Non Interest Income, 5 Yr. CAGR %	-10.11	-5.06	-0.11	3.67	5.03
Provision For Loan Losses, 5 Yr. CAGR %	1.62	32.64	-7.23	12.35	-28.62
Total Revenues, 5 Yr. CAGR %	-8.25	-0.1	4.82	6.77	8.94
Earnings From Cont. Operations, 5 Yr. CAGR %	-18.67	5.5	18.02	20.33	22.32
Net Income, 5 Yr. CAGR %	-18.8	6.97	12.56	17.37	22.45
Normalized Net Income, 5 Yr. CAGR %	-16.5	9.84	15.34	19.11	21.48
Diluted EPS Before Extra, 5 Yr. CAGR %	-17.45	9.95	17.26	19.48	22.17
Dividend Per Share, 5 Yr. CAGR %	11.2	3.54	-1.1	18.76	-
Gross Loans, 5 Yr. CAGR %	9.37	9.45	10.06	8.29	7.37
Allowance For Loan Losses, 5 Yr. CAGR %	1.99	0.06	1.39	7.83	-5.36
Net Loans, 5 Yr. CAGR %	9.42	9.75	10.16	8.17	7.38
Non Performing Loans, 5 Yr. CAGR %	-	21.52	-	5.29	-
Non Performing Assets, 5 Yr. CAGR %	-	13.71	-	4.78	-
Total Assets, 5 Yr. CAGR %	5.15	6.4	8.62	6.96	6.03
Total Deposits, 5 Yr CAGR %	3.05	4.8	6.85	7.83	7.67
Tangible Book Value, 5 Yr. CAGR %	-1.65	3.1	4.34	5.59	5.33
Common Equity, 5 Yr. CAGR %	-1.41	3.12	4.15	5.25	5.06
Total Equity, 5 Yr. CAGR %	-1.64	2.63	3.87	4.97	4.77