10 September 2024
Senior non-preferred bonds rank below traditional unsecured bonds yet take precedence over subordinated bonds. The bonds were priced at a spread of 180bps over 3-month STIBOR and 183bps over 3-month NIBOR. The issuance is the first of its type by an Icelandic bank and is expected to achieve a BBB rating from S&P.
Demand for the bonds was more than twofold from over twenty Nordic investors. DNB and Nordea managed the issuance.
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30 April 2025
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.
19 March 2025
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.
5 March 2025
Landsbankinn´s Annual General Meeting will be held on Wednesday, 19 March 2025, at 16:00, at Reykjastræti 6, Reykjavík.
28 Feb. 2025
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.
21 Feb. 2025
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.
13 Feb. 2025
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.
30 Jan. 2025
Landsbankinn's profit in 2024 was ISK 37.5 billion after taxes, as compared with ISK 33.2 billion the previous year.
13 Dec. 2024
Today, Landsbankinn concluded an auction of subordinated bonds that counts towards Tier 2 capital.
23 Oct. 2024
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.
18 July 2024
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.