S&P re­vises out­look on cred­it rat­ing from stable to pos­it­ive

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.