Landsbankinn hf.: Financial results of Landsbankinn for the first three months of 2024 [Yahoo! Finance]
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Source: Yahoo! Finance
The net interest margin was 2.9%. The net interest margin of domestic households was 2% and remains stable. Net interest income amounted to ISK 14.4 billion and net fee and commission income was ISK 2.7 billion. Net impairments were negative by ISK 2.7 billion and include an ISK 2.0 billion collective allowance against uncertainty related to natural disaster on the Reykjanes peninsula. The cost/income ratio was 33.6%, compared with 33.3% in the first quarter of 2023. The total capital ratio was 24.9% at the end of the period. The total capital requirement of the Financial Supervisory Authority of the Central Bank of Iceland is 20.7%. In March, Landsbankinn finalised the sale of green bonds in the amount of EUR 300 million, with subscriptions coming in at more than six times the size of the issuance. Also in March, the Bank issued two Tier 2 bonds, one non-indexed series in the amount of ISK 3 billion and one inflation-linked series in the amount of ISK 12 billion. The B
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SPGI
Earnings
- 4/26/24 - Miss
SPGI
Sec Filings
- 5/15/24 - Form 144
- 5/6/24 - Form 8-K
- 4/26/24 - Form IRANNOTICE
- SPGI's page on the SEC website