Føroya Banki Management

Management criteria checks 0/4

Føroya Banki's CEO is Turio Arge, appointed in Jan 2023, has a tenure of 1.92 years. directly owns 0.064% of the company’s shares, worth €132.04K. The average tenure of the management team and the board of directors is 1.9 years and 2.8 years respectively.

Key information

Turio Arge

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure1.9yrs
CEO ownership0.06%
Management average tenure1.9yrs
Board average tenure2.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Turio Arge's remuneration changed compared to Føroya Banki's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

DKK 327m

Jun 30 2024n/an/a

DKK 318m

Mar 31 2024n/an/a

DKK 301m

Dec 31 2023n/an/a

DKK 308m

Sep 30 2023n/an/a

DKK 273m

Jun 30 2023n/an/a

DKK 206m

Mar 31 2023n/an/a

DKK 178m

Dec 31 2022DKK 1mDKK 1m

DKK 164m

Compensation vs Market: Insufficient data to establish whether Turio's total compensation is reasonable compared to companies of similar size in the German market.

Compensation vs Earnings: Insufficient data to compare Turio's compensation with company performance.


CEO

Turio Arge (42 yo)

1.9yrs

Tenure

DKK 1,428,000

Compensation

Ms. Turið F. Arge serves as Chief Executive Officer at P/F BankNordik from 2023. She served as Chief Commercial Officer at P/F BankNordik and served as its Executive Vice President since July 01, 2022 unti...


Leadership Team

NamePositionTenureCompensationOwnership
Turio Arge
Chief Executive Officer1.9yrsDKK 1.43m0.064%
€ 132.0k
Heini Thomsen
Executive Vice President2.4yrsDKK 1.43mno data
Arnhold Olsen
Chief Financial Officer1.4yrsno datano data
Cecil Weihe
Head of Accounting & Controllingno datano datano data
Runa Rasmussen
Head of Marketing & Investor Relations1.9yrsno datano data
Klaus Waidtløw
Head of Sales & Tradingno datano datano data
Arndis Poulsen
Chief Audit Executive8.7yrsno datano data
Rune Norregaard
Head of Credit Servicesno datano datano data

1.9yrs

Average Tenure

Experienced Management: BNW's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Birger Durhuus
Independent Chairman of the Board2.8yrsDKK 185.00k0.031%
€ 63.2k
Kenneth Samuelsen
Employee Representative Director14.7yrsDKK 185.00k0.026%
€ 53.7k
Alexandur Johansen
Employee Representative Director6.8yrsDKK 185.00k0.0021%
€ 4.3k
Runa Hentze
Employee Representative Director3.8yrsDKK 50.00k0.0083%
€ 17.1k
Kristian Davidsen
Independent Director2.8yrsDKK 185.00k0.0011%
€ 2.3k
Tom Ahrenst
Independent Director1.8yrsno datano data
Annfinn Hansen
Vice Chairmanless than a yearno datano data
Arni Rasmussen
Directorless than a yearno datano data
Marjun Hanusardottir
Directorless than a yearno datano data

2.8yrs

Average Tenure

58yo

Average Age

Experienced Board: BNW's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 18:41
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Føroya Banki is covered by 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Rasmus Vendelboe JakobsenABG Sundal Collier Sponsored
Jakob BrinkHandelsbanken Capital Markets
Jakob BrinkNordea Markets