Islandsbanki hf (OISE:ISB)
kr 126 -1 (-0.79%) Market Cap: 236.07 Bil Enterprise Value: 610.19 Bil PE Ratio: 9.99 PB Ratio: 1.08 GF Score: 71/100
Back to the Transcripts List

Q1 2025 Islandsbanki hf Earnings Call Transcript

May 9, 2025 / 08:30 AM GMT
Release Date Price: kr114 (+1.79%)

Key Points

Positve
  • Islandsbanki hf (OISE:ISB) reported a 6% growth in core operating income from net interest and fees in Q1 2025.
  • The bank's asset quality remains strong, with a low stage 3 loan ratio of 1.8% and a high collateral coverage of over 93%.
  • Islandsbanki hf (OISE:ISB) launched a new internet bank and made significant improvements to its banking app, enhancing digital capabilities.
  • The bank issued its inaugural green senior preferred bond with strong investor interest, achieving 3.3 times oversubscription.
  • Islandsbanki hf (OISE:ISB) maintains a robust capital position, with a CET1 ratio of 18.6%, well above regulatory requirements.
Negative
  • The bank's return on equity was 9.4%, slightly below the target of 10% due to weak net financial income.
  • Inflation in Iceland has been higher than expected, with projections slightly below 4% for the year.
  • Net financial income suffered a loss of close to 1 billion ISK due to capital market volatility.
  • The cost-to-income ratio was 47.6%, above the target of 45%, although adjusted figures show improvement.
  • The bank's net interest margin is expected to fluctuate due to seasonality and inflationary pressures.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

ISB.IC - Islandsbanki hf
Q1 2025 Islandsbanki hf Earnings Call
May 09, 2025 / 08:30AM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Good morning all and welcome to Eastland Sunki. This Friday we will present the results for our first quarter 2025. I'm Beat Neanna with Investor Relations, and I'm joined today by John Gune, Omozon, our CEO, and our CFO Alex ladeson.

Before I hand the session over to them, I want to remind you that as per usual, we will have a Q&A session following the presentation. You can participate in the session via the conference called dial-ins and press hash key 5, and the operator will give you the floor. You can also submit questions in writing using the webcast form or send us an email through IR@tanonkey. I.

With that being said, I hand the floor over to you.

-----------------------------------------------------------
Already have an account? Log in
Get the full story
Start 7-Day Free Trial
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot
Research Tools
All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Discussion Board
Product
Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App 中文
Education
Financial Glossary Tutorials FAQ Schedule Free Session Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation
Company
About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program
Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey
Follow Us
download GuruFocus on Apple store download GuruFocus on Google Play
Disclaimers
GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.
© 2004-2025 GuruFocus.com, LLC. All Rights Reserved.