Føroya Banki Management

Management criteria checks 0/4

Føroya Banki's CEO is Turio Arge, appointed in Jan 2023, has a tenure of 1.67 years. directly owns 0.064% of the company’s shares, worth DKK932.52K. The average tenure of the management team and the board of directors is 1.7 years and 2.5 years respectively.

Key information

Turio Arge

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	1.7yrs
CEO ownership	0.06%
Management average tenure	1.7yrs
Board average tenure	2.5yrs

Recent management updates

Recent updates

Should You Be Adding P/F BankNordik (CPH:BNORDIK CSE) To Your Watchlist Today?

Dec 14

This Is Why P/F BankNordik's (CPH:BNORDIK CSE) CEO Compensation Looks Appropriate

Mar 19

This Is Why P/F BankNordik's (CPH:BNORDIK CSE) CEO Compensation Looks Appropriate

Mar 20

What We Learned About P/F BankNordik's (CPH:BNORDIK CSE) CEO Pay

Mar 01

Does P/F BankNordik's (CPH:BNORDIK CSE) Share Price Gain of 43% Match Its Business Performance?

Jan 25

Are Institutions Heavily Invested In P/F BankNordik's (CPH:BNORDIK CSE) Shares?

Dec 03

CEO Compensation Analysis

How has Turio Arge's remuneration changed compared to Føroya Banki's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	DKK 318m
Mar 31 2024	n/a	n/a	DKK 301m
Dec 31 2023	n/a	n/a	DKK 308m
Sep 30 2023	n/a	n/a	DKK 273m
Jun 30 2023	n/a	n/a	DKK 206m
Mar 31 2023	n/a	n/a	DKK 178m
Dec 31 2022	DKK 1m	DKK 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 Danish market.

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

CEO

Turio Arge (42 yo)

1.7yrs

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

Name	Position	Tenure	Compensation	Ownership
Turio Arge	Chief Executive Officer	1.7yrs	DKK 1.43m	0.064% DKK 932.5k
Heini Thomsen	Executive Vice President	2.2yrs	DKK 1.43m	no data
Arnhold Olsen	Chief Financial Officer	1.2yrs	no data	no data
Cecil Weihe	Head of Accounting & Controlling	no data	no data	no data
Runa Rasmussen	Head of Marketing & Investor Relations	1.7yrs	no data	no data
Klaus Waidtløw	Head of Sales & Trading	no data	no data	no data
Arndis Poulsen	Chief Audit Executive	8.4yrs	no data	no data
Rune Norregaard	Head of Credit Services	no data	no data	no data

1.7yrs

Average Tenure

Experienced Management: FOBANK's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Birger Durhuus	Independent Chairman of the Board	2.5yrs	DKK 185.00k	0.031% DKK 446.3k
Kenneth Samuelsen	Employee Representative Director	14.4yrs	DKK 185.00k	0.026% DKK 379.1k
Alexandur Johansen	Group Representative Director	6.5yrs	DKK 185.00k	0.0021% DKK 30.4k
Runa Hentze	Employee Representative Director	3.6yrs	DKK 50.00k	0.0083% DKK 120.5k
Kristian Davidsen	Independent Director	2.5yrs	DKK 185.00k	0.0011% DKK 16.3k
Tom Ahrenst	Independent Director	1.5yrs	no data	no data
Annfinn Hansen	Vice Chairman	less than a year	no data	no data
Arni Rasmussen	Director	less than a year	no data	no data
Marjun Hanusardottir	Director	less than a year	no data	no data

2.5yrs

Average Tenure

58yo

Average Age

Experienced Board: FOBANK's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.

Føroya Banki Management

Management criteria checks 0/4

Key information

Recent management updates

Føroya Banki Announces Marjun Eystberg Withdraws from the Board of Directors

P/F Føroya Banki Approves Board Elections

No independent directors

P/F Banknordik Announces Executive Appointments

No independent directors

BankNordik Announces Resignation of Árni Ellefsen as Chief Executive Officer

Recent updates

Føroya Banki Revises Its 2024 Net Profit Guidance Upwards

Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Føroya Banki Announces Marjun Eystberg Withdraws from the Board of Directors

First quarter 2024 earnings released: EPS: kr.5.75 (vs kr.6.41 in 1Q 2023)

P/F Føroya Banki Approves Board Elections

Upcoming dividend of kr.8.33 per share

Dividend reduced to kr.8.33

Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

P/F Banknordik Revises Earnings Guidance for the Year 2023

Investor sentiment deteriorates as stock falls 21%

Should You Be Adding P/F BankNordik (CPH:BNORDIK CSE) To Your Watchlist Today?

P/F BankNordik to Report Q3, 2024 Results on Oct 31, 2024

P/F BankNordik Reports Net Impairment Charges for the Third Quarter of 2023

P/F BankNordik Reports Net Impairment Charges for the Third Quarter of 2023

P/F BankNordik Reports Net Impairment Charges for the Third Quarter of 2023

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

P/F BankNordik Revises Earnings Guidance for the Fiscal Year 2023

First quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Now 21% undervalued after recent price drop

Now 21% undervalued

Investor sentiment deteriorates as stock falls 17%

Upcoming dividend of kr.26.04 per share at 15% yield

Full year 2022 earnings: EPS misses analyst expectations

Now 20% undervalued

P/F Banknordik Revises Earnings Guidance for the Year of 2022

P/F BankNordik to Report Q3, 2023 Results on Nov 02, 2023

No independent directors

Third quarter 2022 earnings released: EPS: kr.2.15 (vs kr.4.35 in 3Q 2021)

BankNordik Adjusts its Earnings Guidance for the Year 2022

Second quarter 2022 earnings: EPS exceeds analyst expectations

P/F Banknordik Announces Executive Appointments

P/F Banknordik Revises Earnings Guidance for the Year 2022

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

No independent directors

BankNordik Announces Resignation of Árni Ellefsen as Chief Executive Officer

Investor sentiment deteriorated over the past week

Upcoming dividend of kr.40.21 per share

This Is Why P/F BankNordik's (CPH:BNORDIK CSE) CEO Compensation Looks Appropriate

Full year 2021 earnings: EPS and revenues exceed analyst expectations

P/F BankNordik Propose Total Dividend for 2021

P/F BankNordik Provides Earnings Guidance for the Year 2022

Third quarter 2021 earnings released: EPS kr.4.33 (vs kr.6.80 in 3Q 2020)

Investor sentiment deteriorated over the past week

Upcoming dividend of kr.46.80 per share

Investor sentiment improved over the past week

Second quarter 2021 earnings released: kr.1.61 loss per share (vs kr.8.63 profit in 2Q 2020)

BankNordik P/F Revises Earnings Guidance for the Year 2021

First quarter 2021 earnings released: EPS kr.9.06 (vs kr.2.55 loss in 1Q 2020)

Consensus forecasts updated

Upcoming Dividend of kr.5.00 Per Share

This Is Why P/F BankNordik's (CPH:BNORDIK CSE) CEO Compensation Looks Appropriate

P/F Banknordik Announces Board Changes

What We Learned About P/F BankNordik's (CPH:BNORDIK CSE) CEO Pay

Revenue beats expectations

New 90-day high: kr.169

Employee Representative Director has left the company

P/F BankNordik Announces Board Changes

Does P/F BankNordik's (CPH:BNORDIK CSE) Share Price Gain of 43% Match Its Business Performance?

BankNordik Raises Earnings Guidance for the Year 2020

New 90-day high: kr.156

Spar Nord Bank A/S (CPSE:SPNO) agreed to acquire Danish Business of P/F BankNordik (CPSE:BNORDIK CSE).

New 90-day high: kr.137

P/F BankNordik to Report Q3, 2021 Results on Nov 04, 2021

Are Institutions Heavily Invested In P/F BankNordik's (CPH:BNORDIK CSE) Shares?

New 90-day high: kr.124

Third quarter 2020 earnings released: EPS kr.6.80

Revenue and earnings beat expectations

New 90-day high: kr.117

FÃ¸roya Banki to Report Fiscal Year 2009 Results on 02/25/2010