Arion banki hf
ICEX:ARION
Arion banki hf
Net Income (Common)
Arion banki hf
Net Income (Common) Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Net Income (Common) | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
A
|
Arion banki hf
ICEX:ARION
|
Net Income (Common)
kr26.1B
|
CAGR 3-Years
-3%
|
CAGR 5-Years
89%
|
CAGR 10-Years
N/A
|
|
I
|
Islandsbanki hf
ICEX:ISB
|
Net Income (Common)
kr24.2B
|
CAGR 3-Years
1%
|
CAGR 5-Years
22%
|
CAGR 10-Years
N/A
|
Arion banki hf
Glance View
In the realm of Icelandic finance, Arion banki hf. stands as a key player in the country's economic landscape. Established in the wake of Iceland's banking collapse in 2008, Arion Bank was created from the ruins of the defunct Kaupthing Bank, underlining its resilience and adaptability. Over the years, the bank has intricately woven itself into Iceland's financial fabric by offering a suite of banking services that cater to both individual and corporate clients. The bank’s operations are a blend of traditional banking services—such as taking deposits and issuing loans—and investment banking, which places it at the heart of financial intermediation in Iceland. Arion Bank primarily generates revenue through the interest it earns on loans exceeding the interest it pays on deposits. This interest rate spread is a fundamental aspect of its income. However, the bank's financial reach extends beyond conventional banking. It also garners income from fees associated with asset management, advisory services, and securities trading. Arion Bank has gradually embraced digital transformation, enhancing customer engagement and operational efficiency, which is crucial in our increasingly tech-driven world. By maintaining a diversified approach to financial services while staying rooted in robust risk management practices, Arion Bank exemplifies a modern financial institution in a uniquely volatile economic environment.
See Also
What is Arion banki hf's Net Income (Common)?
Net Income (Common)
26.1B
ISK
Based on the financial report for Dec 31, 2024, Arion banki hf's Net Income (Common) amounts to 26.1B ISK.
What is Arion banki hf's Net Income (Common) growth rate?
Net Income (Common) CAGR 5Y
89%
Over the last year, the Net Income (Common) growth was 1%. The average annual Net Income (Common) growth rates for Arion banki hf have been -3% over the past three years , 89% over the past five years .