Estimates compiled by Modular Finance on behalf of Arion Bank.

Number of contributors: 5 (all of which have been updated or confirmed before the report)

KPI (MISK, unless otherwise specified)Q1 2024E
Net interest income10,988
Net interest margin (%)3.0
Operating income14,886
Operating expenses- 6,549
Cost-to-core income (%)42.1
Net earnings5,302
Return on Equity11.3
CET 1 ratio (%)19.4
Earnings per share (ISK)3.63

More consensus estimates can be found on Arion Bank’s webpage: https://wwwv2.arionbanki.is/english/about-us/investor-relations/financial-information/analysts/

Arion Bank’s Q1 report will be released on Tuesday April 30th, following the close of Nasdaq Iceland.

© Modular Finance, source Nordic Press Releases