Arion banki hf (OISE:ARION) Shares Outstanding (Diluted Average): 1,361 Mil (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OISE:ARION Arion banki hf OISE:ARION
66 GF Score
Price kr193.50
GF Value kr196.24
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Arion banki hf Shares Outstanding (Diluted Average)?

Arion banki hf OISE:ARION 66 Shares Outstanding (Diluted Average) is 1,361 Mil as of Jun. 2026. GuruFocus rates OISE:ARION with a GF Score™ of 66/100 and a GF Value™ of kr196.24 (Fairly Valued). The stock has 4 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Arion banki hf's average diluted shares outstanding for the quarter that ended in Jun. 2026 was 1,361 Mil.


Arion banki hf  (OISE:ARION) Shares Outstanding (Diluted Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.


Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Arion banki hf Shares Outstanding (Diluted Average) Related Terms


Arion banki hf Shares Outstanding (Diluted Average) Historical Data

* Premium members only.

The historical data trend for Arion banki hf's Shares Outstanding (Diluted Average) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Arion banki hf Shares Outstanding (Diluted Average) Chart

Arion banki hf Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (Diluted Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,690.00 1,576.00 1,525.00 1,443.00 1,401.00

Arion banki hf Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shares Outstanding (Diluted Average) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,492.00 1,395.00 1,398.00 1,384.00 1,361.00
OISE:ARION
66GF Score
Arion banki hf OISE:ARION
Shares Outstanding (Diluted Average) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Arion banki hf Shares Outstanding (Diluted Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Diluted Average) of 1,361 Mil mean?
Arion banki hf (OISE:ARION) has a Shares Outstanding (Diluted Average) of 1,361 Mil as of Jun. 2026. The average shares outstanding over two periods including dilutive securities like preferred shares and convertibles. View historical data on Arion banki hf and its competitors.
Is Arion banki hf's Shares Outstanding (Diluted Average) too high?
Arion banki hf's current Shares Outstanding (Diluted Average) is 1,361 Mil. Overall, Arion banki hf has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Arion banki hf's Shares Outstanding (Diluted Average) compare to PNC and USB?
Arion banki hf's Shares Outstanding (Diluted Average) of 1,361 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Diluted Average) for a Banks company?
A good Shares Outstanding (Diluted Average) depends on the Banks industry context. However, Shares Outstanding (Diluted Average) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (Diluted Average) mean?
A high Shares Outstanding (Diluted Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods including dilutive securities like preferred shares and convertibles. View historical data on Arion banki hf and its competitors. Arion banki hf's current Shares Outstanding (Diluted Average) is 1,361 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arion banki hf stock overvalued right now?
Based on GuruFocus' analysis, Arion banki hf (OISE:ARION) is currently considered Fairly Valued. The stock's GF Value™ is kr196.24, compared to a current price of kr193.50 — trading 1.4% below its estimated fair value. The current Shares Outstanding (Diluted Average) is 1,361 Mil. Arion banki hf's overall GF Score™ is 66/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Diluted Average) calculated?
Shares Outstanding (Diluted Average) is calculated from a company's financial statements. For Arion banki hf (OISE:ARION), the current Shares Outstanding (Diluted Average) is 1,361 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Arion banki hf (OISE:ARION) Overvalued in 2026?

Based on GuruFocus' analysis, Arion banki hf stock appears to be undervalued. The current stock price of kr193.50 is trading 1.4% below its estimated GF Value™ of kr196.24. GuruFocus considers Arion banki hf to be Fairly Valued.

Key valuation signals for OISE:ARION:

  • Shares Outstanding (Diluted Average): 1,361 Mil
  • GF Value™: kr196.24 vs. price of kr193.50 (1.4% below fair value)
  • GF Score™: 66/100 with 4 warning signs

No single metric tells the full story. See the OISE:ARION stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Arion banki hf Business Description

Address Borgartun 19, Reykjavik, ISL, 105
Arion banki hf is a universal relationship bank operating in the Icelandic financial market. Its operating segments are Markets & Stefnir, Corporate & Investment Banking, Retail Banking, Treasury, Other subsidiaries, and Supporting units. The Corporate & Investment Banking segment of the company generates the majority of the revenue and is engaged in providing comprehensive financial services to companies and investors both in Iceland and internationally.
66GF Score

Get the complete analysis for OISE:ARION

Shares Outstanding (Diluted Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr193.50
Price
kr196.24
GF Value