Landsbankinn’s after-tax profit during the first three months of 2025 was ISK 7.9 billion, compared with ISK 7.2 billion for the same period of 2024. Return on equity (ROE) in the period was 10.0%, compared with 9.3% for the same period the previous year.

The annual general meeting (AGM) of Landsbankinn, held on 19 March 2025, agreed to pay a dividend amounting to ISK 18,892 million to shareholders.

Landsbankinn´s Annual General Meeting  will be held on Wednesday, 19 March 2025, at 16:00, at Reykjastræti 6, Reykjavík.

Settlement and handover related to the purchase by Landsbankinn of TM tryggingar hf. from Kvika Bank took place today and Landsbankinn has assumed operation of the company. TM will be operated as a subsidiary of Landsbankinn.

The Icelandic Competition Authority has approved the purchase by Landsbankinn of all share capital in TM tryggingar hf., with a condition set out in a settlement between the Bank and the Authority.

Landsbankinn’s Annual & Sustainability Report for 2024 has now appeared. The Report describes development and changes to the Bank’s services, its successful operation and performance, sound financing and risk management, its positive impact on society and more.   

Landsbankinn's profit in 2024 was ISK 37.5 billion after taxes, as compared with ISK 33.2 billion the previous year.

Today, Landsbankinn concluded an auction of subordinated bonds that counts towards Tier 2 capital.

Landsbankinn’s after-tax profit in the first nine months of 2024 amounted to ISK 26.9 billion, ISK 10.8 billion thereof in the third quarter. Return on equity (ROE) was 11.7%, compared with 10.5% for the same period the previous year.

Landsbankinn has concluded the sale of floating-rate bonds in the amount of SEK 1,000 million and NOK 250 million. The bonds have a 4-year tenor and an issuer call option after 3 years.

Landsbankinn’s profit in the first half of 2024 amounted to ISK 16.1 billion, ISK 9.0 billion thereof in the second quarter. Return on equity (ROE) in the period was 10.5%, compared with 10.3% for the same period the previous year.

International rating agency S&P Global Ratings has said that Landsbankinn's acquisition of TM tryggingar hf. (TM) has the potential to develop into a solid foothold in the Icelandic insurance business, widen the customer offering, and diversify the Bank's revenue base over the long term.  This is according to a bulletin released by S&P on 5 June 2024.

An agreement for the purchase by Landsbankinn of TM tryggingar hf. (“TM”) from Kvika Bank was signed today.

Landsbankinn's net profit in the first three months of 2024 was ISK 7.2 billion. Return on equity (ROE) in the period was 9.3%, compared with 11.1% for the same period the previous year.

The annual general meeting (AGM) of Landsbankinn, held on 19 April 2024, agreed to pay a dividend amounting to ISK 16,535 million to shareholders.

International rating agency S&P Global Ratings today announced that it has upgraded the credit rating of Landsbankinn. The credit rating is raised by one notch, to BBB+ with stable outlook.

The Annual General Meeting of Landsbankinn hf. will be held on 19 April 2024, at 16:00, in Reykjastræti 6, 101 Reykjavík.

A meeting of the Board of Directors of Landsbankinn hf. on 19 March 2024 determined to postpone the annual general meeting of the Bank, scheduled to be held on Wednesday, 20 March 2024. Following consultation with Icelandic State Financial Investments (ISFI), it was decided to hold the AGM on 19 April 2024.

Landsbankinn and Kvika Bank have agreed to enter into exclusive negotiations for the purchase by Landsbankinn of TM tryggingar hf. (“TM”) based on a purchase offer the Bank made for all equity in TM on 15 March. The proposed acquisition is contingent on such factors as due diligence and approval by the Icelandic Competition Authority and the Financial Supervisory Authority of the Central Bank of Iceland. 

The Annual General Meeting of Landsbankinn will be held on Wednesday, 20 March 2024, at 16:00, in Reykjastræti 6, Reykjavík.

On 5 March 2024, Landsbankinn concluded the sale of green bonds in the amount of EUR 300 million. This was the Bank’s fourth issuance of euro-denominated green bonds.

On 15 February 2024, Landsbankinn announced that the Bank would offer to purchase shares from shareholders under the terms of a buyback programme during the period 19 February 2024 to 4 March 2024. During the period, Landsbankinn acquired a total of 6,423,476 own shares at a share price of 12,8595, for a total amount of ISK 82,602,689.

Helga Björk Eiríksdóttir, Chairman of the Board of Directors of Landsbankinn, a Director of the Board since 2013 and Chairman since 2016, will not stand for re-election to the Board at the Bank’s AGM on 20 March 2024. Berglind Svavarsdóttir, Vice-chairman of the Board and a Director since 2016, will also not stand for re-election and steps down at the same time.

Landsbankinn’s goals to reduce greenhouse gas emissions have been verified by the Science Based Targets initiative (SBTi). We are the first Icelandic bank to achieve this.

Landsbankinn’s Annual & Sustainability Report for 2023 has now appeared. It reviews highlights in the Bank’s operation in the past year, developments in services and operation, successful funding, sound risk governance, robust sustainability work and more.

Landsbankinn's Board of Directors has decided to exercise an authorization to purchase the Bank's own shares, which was approved at the Bank's AGM on 23 March 2023. The buyback program allows for the maximum purchase of 54 million shares, or 0.23% of issued shares.

Alongside the Bank’s annual financial statements, we are now publishing sustainability accounts for 2023, disclosing detailed information about sustainability and Landsbankinn’s operation. The accounts are verified in part or whole by auditing firm Deloitte.

Landsbankinn's after-tax profit in 2023 was ISK 33.2 billion. Return on equity (ROE) was 11.6% in 2023 after tax.

Landsbankinn has updated its Sustainable Finance Framework, initially published in early 2021. The updated Framework maintains the Bank’s scope for financing green and social projects, such as the switch to renewable energy, development of environmentally-friendly infrastructure and sustainable fisheries.

Landsbankinn is one of 100 financial undertakings to become an inaugural early adopter of recommendations from the Taskforce on Nature-related Financial Disclosures (TNFD). The companies will include nature-related financial information in their corporate reporting based on TNFD’s recommendations.