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Icelandic (OMX) Financials Sector Analysis

UpdatedJun 13, 2026
DataAggregated Company Financials
Companies5
  • 7D-2.3%
  • 3M-3.8%
  • 1Y6.6%
  • YTD-8.8%

Over the last 7 days, the Financials industry has dropped 2.3%, driven by pullbacks from every company within the industry. Over the past 12 months, the industry was up 6.6%. Looking forward, earnings are expected to remain mostly flat in the next few years.

Sector Valuation and Performance

Has the Icelandic Financials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 13 Jun 2026ISK 629.6bISK 239.2bISK 70.3b10.5x9x2.6x
Mon, 11 May 2026ISK 665.3bISK 234.8bISK 69.2b12.2x9.6x2.8x
Wed, 08 Apr 2026ISK 621.5bISK 228.7bISK 64.2b16.8x9.7x2.7x
Fri, 06 Mar 2026ISK 667.8bISK 228.7bISK 64.2b18.4x10.4x2.9x
Sun, 01 Feb 2026ISK 702.6bISK 227.4bISK 68.3b14.8x10.3x3.1x
Tue, 30 Dec 2025ISK 706.7bISK 227.4bISK 68.3b14.5x10.3x3.1x
Thu, 27 Nov 2025ISK 642.3bISK 227.4bISK 68.3b14x9.4x2.8x
Sat, 25 Oct 2025ISK 644.6bISK 226.1bISK 68.0b14.6x9.5x2.9x
Mon, 22 Sep 2025ISK 649.4bISK 226.0bISK 68.3b13.1x9.5x2.9x
Wed, 20 Aug 2025ISK 641.0bISK 226.0bISK 68.3b13.5x9.4x2.8x
Fri, 18 Jul 2025ISK 639.9bISK 220.9bISK 60.0b16.5x10.7x2.9x
Sun, 15 Jun 2025ISK 623.4bISK 220.9bISK 60.0b17.2x10.4x2.8x
Tue, 13 May 2025ISK 587.3bISK 222.0bISK 61.0b12.6x9.6x2.6x
Thu, 10 Apr 2025ISK 552.4bISK 217.0bISK 61.5b11.1x9x2.5x
Sat, 08 Mar 2025ISK 652.6bISK 217.0bISK 61.5b13.4x10.6x3x
Mon, 03 Feb 2025ISK 675.9bISK 208.8bISK 56.6b16x11.9x3.2x
Wed, 01 Jan 2025ISK 664.0bISK 208.8bISK 56.6b14.8x11.7x3.2x
Fri, 29 Nov 2024ISK 637.6bISK 207.6bISK 56.8b14x11.2x3.1x
Sun, 27 Oct 2024ISK 631.7bISK 205.2bISK 53.5b14x11.8x3.1x
Tue, 24 Sep 2024ISK 542.0bISK 203.9bISK 52.5b10.9x10.3x2.7x
Thu, 22 Aug 2024ISK 541.0bISK 203.3bISK 53.3b10.9x10.2x2.7x
Sat, 20 Jul 2024ISK 529.3bISK 203.6bISK 56.1b10.9x9.4x2.6x
Mon, 17 Jun 2024ISK 513.5bISK 202.6bISK 56.4b9.9x9.1x2.5x
Wed, 15 May 2024ISK 531.9bISK 201.6bISK 56.5b9.8x9.4x2.6x
Fri, 12 Apr 2024ISK 557.1bISK 203.4bISK 59.1b9.6x9.4x2.7x
Sun, 10 Mar 2024ISK 592.0bISK 203.4bISK 59.1b10.4x10x2.9x
Tue, 06 Feb 2024ISK 614.5bISK 205.3bISK 58.7b13.3x10.5x3x
Thu, 04 Jan 2024ISK 611.9bISK 205.3bISK 58.7b11.8x10.4x3x
Sat, 02 Dec 2023ISK 546.7bISK 205.3bISK 58.7b10.4x9.3x2.7x
Mon, 30 Oct 2023ISK 534.6bISK 203.2bISK 57.6b13x9.3x2.6x
Wed, 27 Sep 2023ISK 548.3bISK 201.3bISK 57.7b13.9x9.5x2.7x
Fri, 25 Aug 2023ISK 592.7bISK 200.3bISK 58.5b13.8x10.1x3x
Sun, 23 Jul 2023ISK 621.8bISK 194.9bISK 54.1b14.2x11.5x3.2x
Tue, 20 Jun 2023ISK 564.0bISK 194.9bISK 54.1b13.8x10.4x2.9x
Price to Earnings Ratio

10.4x


Total Market Cap: ISK 564.0bTotal Earnings: ISK 54.1bTotal Revenue: ISK 194.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Icelandic Financials Sector Price to Earnings3Y Average 10.1x202420252026
Current Industry PE
  • Investors are pessimistic on the Icelandic Financials industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 9.0x which is lower than its 3-year average PE of 10.1x.
  • The industry is trading close to its 3-year average PS ratio of 2.9x.
Past Earnings Growth
  • The earnings for companies in the Financials industry have grown 9.1% per year over the last three years.
  • Revenues for these companies have grown 7.1% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Icelandic Financials sector?

IS Market-0.59%
Financials-2.28%
Banks-2.00%
Capital Markets-2.53%
Insurance-3.75%
Industry PE
  • Investors are most optimistic about the Insurance industry even though it's trading below its 3-year average PE ratio of 16.4x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Banks industry, which is trading close to its 3-year average of 8.8x.
Forecasted Growth
  • Despite it being negative, analysts are least pessimistic on the Banks industry since they expect its earnings to decline by only 0.6% per year over the next 5 years, which isn't as bad as the other industries.
  • This is a reversal from its past annual earnings growth rate of 13% per year.
  • In contrast, the Banks industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
No data available

Latest News

KVIKA
ISK 13.50
Kvika banki hf
7D
-2.5%
1Y
-23.1%
SJOVA
ISK 39.20
Sjóvá-Almennar tryggingar hf
7D
-3.0%
1Y
-19.7%
SKAGI
ISK 18.00
Skagi hf
7D
-4.8%
1Y
-3.7%
ARION
ISK 190.50
Arion banki hf
7D
-2.3%
1Y
14.4%
ISB
ISK 141.00
Íslandsbanki hf
7D
-1.7%
1Y
18.5%