Banks Icelandic Community
Our community narratives are driven by numbers and valuation.
Banks Icelandic Investing Ideas
Supreme Court Ruling And Housing Slowdown Will Pressure Margins And Earnings
An Icelandic bank faces a tricky mix of legal uncertainty around some mortgage terms and a cooling housing market, both of which could squeeze what it earns on lending. Add in a complex merger and a push into new lending and digital products, and the big question is whether growth can keep up with rising costs.Read more
AN
ISK 138
5.5% overvalued intrinsic discount
Fair Value
Revenue
1.56% p.a.
Profit Margin
34.93%
Future PE
10.3x
Price in 2029
ISK 190.58
