Landsbankinn’s after-tax profit during the first three months of 2026 was ISK 11.2 billion, compared with ISK 7.9 billion for the same period of 2025. Return on equity (ROE) was 13.5%, compared with 10.0% for the same period the previous year.

The cooling trend in the domestic economy looks set to continue longer than previously predicted. Economic growth will be modest and mainly export driven. The outlook is for 4.8% inflation this year and it is likely that the policy rate will be raised to 8.25%, also this year. There are signs of slackening in the labour market, with increasing unemployment and lower demand for workers.

Alfa Framtak has reached an agreement with Orkla Snacks to acquire all shares in Nói Síríus.

Landsbankinn and Icelandic Student Services (Félagsstofnun stúdenta (FS)) have extended their co-operation agreement for a term of two years. Under the terms of the agreement, Landsbankinn will provide all general banking and payment services to FS and its operating segments. The Bank will also handle asset management and fund investment for FS and together, FS and Landsbankinn will partner to host various events and projects.