Investor relations

All about the Bank’s operati­on

We are dedica­ted to tran­sparency and good comm­unicati­on, and provi­de quality, timely in­formati­on about the Bank to all stakeholders.

Reports and financials

Annual and interim financial statements, risk reports and other information about the Bank’s results.

Key ratios

Detailed information about profit and loss, and the Bank’s balance sheet is published quarterly in an accessible manner.

AGMs

A shareholders’ meeting is a specially announced gathering of shareholders to discuss and decide on company affairs.

Funding

Landsbankinn‘s funding rests on three pillars: Deposits from customers, borrowings and share capital.

Credit rating

International rating agency S&P Global Ratings evaluates Landsbankinn's creditworthiness.

News

27 Oct. 2022

Financial results of Landsbankinn for the first nine months of 2022

Landsbankinn’s profit in the first nine months of 2022 amounted to ISK 11.3 billion, ISK 5.8 billion thereof in the third quarter. Return on equity (ROE) in the first nine months of the year was 5.6% and 8.5% in the third quarter. A decrease in the fair value of the Bank’s equity portfolio negatively impacts its profitability this year.
21 July 2022

Financial results of Landsbankinn in H1 of 2022

The Bank’s profit in the first half of 2022 amounted to ISK 5.6 billion, ISK 2.3 billion thereof in the second quarter. Return on equity (ROE) was 4.1%, falling short of the Bank’s 10% target mainly because of fluctuations in equities held by the Bank. 
27 May 2022

S&P raises Landsbankinn’s covered bond rating to A

S&P Global Ratings has today announced that Landsbankinn’s covered bond rating has been raised. The rating uplift is one notch and the rating is therefore A with stable outlook.
5 May 2022

Financial results of Landsbankinn for the first three months of 2022

Landsbankinn’s net profit in the first three months of 2022 was ISK 3.2 billion. Return on equity (ROE) was 4.7%. Net fee and commission income increased by 28.5% YoY, mainly from growing activity in asset management and capital markets. Net interest income grew by 19%, mainly driven by a larger balance sheet and better returns on liquid assets. Market share in the retail market measured 39% at the end of the quarter, slightly higher than in the same quarter last year. The cost/income ratio was 54.9% and costs remain stable. Operating expenses as a ratio of average total assets were 1.4%. Growth in mortgage lending has declined while lending to corporates increased by ISK 20.7 billion, not having regard for exchange rate impact. Around 90% of new housing mortgages in the first quarter were non-indexed and 58% of the mortgages carry fixed rates, in most cases for a 3-year period. Landsbankinn became a Visa principal member, increasing operational efficiency and making it easier for the Bank to offer new services linked to payment cards, among other things. Mortgage papers were registered electronically for the first time in February, with Landsbankinn becoming the first Icelandic bank to offer this service. The transaction volume in Landsbréf’s mutual funds has grown by 30% between years.

Financial calendar

This is the scheduled financial calendar of Landsbankinn. The financial calendar may change without notice.

Annual results 2022
2 February 2023
Annual General Meeting
22 March 2023
Q1 2023
4 May 2023
Q2 2023
20 July 2023
Q3 2023
26 October 2023
Full Year 2023
1 February 2024

Join our group of satisfied customers

Applying for access to online banking and the app, creating an account and getting a debit card is a matter of minutes.

Cookies

By clicking "Allow All", you agree to the use of cookies to enhance website functionality, analyse website usage and assist with marketing.

More on cookies