Føroya Banki

CPSE:FOBANK Stock Report

Market Cap: DKK 1.9b

Føroya Banki Management

Management criteria checks 4/4

Føroya Banki's CEO is Turio Arge, appointed in Jan 2023, has a tenure of 2.17 years. total yearly compensation is DKK2.82M, comprised of 84.9% salary and 15.1% bonuses, including company stock and options. directly owns 0.064% of the company’s shares, worth DKK1.23M. The average tenure of the management team and the board of directors is 2.2 years and 3 years respectively.

Key information

Turio Arge

Chief executive officer

DKK 2.8m

Total compensation

CEO salary percentage84.9%
CEO tenure2.2yrs
CEO ownership0.06%
Management average tenure2.2yrs
Board average tenure3yrs

Recent management updates

Recent updates

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

Dec 14
Should You Be Adding P/F BankNordik (CPH:BNORDIK CSE) To Your Watchlist Today?

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

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

Mar 20
This Is Why P/F BankNordik's (CPH:BNORDIK CSE) CEO Compensation Looks Appropriate

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

Mar 01
What We Learned About P/F BankNordik's (CPH:BNORDIK CSE) CEO Pay

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

Jan 25
Does P/F BankNordik's (CPH:BNORDIK CSE) Share Price Gain of 43% Match Its Business Performance?

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

Dec 03
Are Institutions Heavily Invested In P/F BankNordik's (CPH:BNORDIK CSE) Shares?

CEO Compensation Analysis

How has Turio Arge's remuneration changed compared to Føroya Banki's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024DKK 3mDKK 2m

DKK 310m

Sep 30 2024n/an/a

DKK 327m

Jun 30 2024n/an/a

DKK 318m

Mar 31 2024n/an/a

DKK 301m

Dec 31 2023DKK 3mDKK 2m

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: Turio's total compensation ($USD411.77K) is below average for companies of similar size in the Danish market ($USD1.15M).

Compensation vs Earnings: Turio's compensation has been consistent with company performance over the past year.

CEO

Turio Arge (42 yo)

2.2yrs

Tenure

DKK 2,823,000

Compensation

Ms. Turio F. Arge serves as Chief Executive Officer at Foroya Banki (formerly known as P/F BankNordik) from 2023. She served as Chief Commercial Officer at Foroya Banki (formerly known as P/F BankNordik) a...

Leadership Team

NamePositionTenureCompensationOwnership
Turio Arge
Chief Executive Officer2.2yrsDKK 2.82m0.064%
DKK 1.2m
Arnhold Olsen
Chief Financial Officer1.7yrsno datano data
Cecil Weihe
Head of Accounting & Controllingno datano datano data
Runa Rasmussen
Head of Marketing & Investor Relations2.2yrsno datano data
Arndis Poulsen
Chief Audit Executive8.9yrsno datano data
Heini Thomsen
Executive Vice President2.7yrsDKK 48.99mno data

2.2yrs

Average Tenure

Experienced Management: FOBANK's management team is considered experienced (2.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Birger Durhuus
Independent Chairman of the Board3yrsDKK 475.00k0.031%
DKK 587.3k
Kenneth Samuelsen
Employee Representative Director14.9yrsDKK 180.00k0.026%
DKK 498.8k
Alexandur Johansen
Employee Representative Director7yrsDKK 180.00k0.0021%
DKK 40.0k
Runa Hentze
Employee Representative Director4.1yrsDKK 180.00k0.0083%
DKK 158.5k
Kristian Davidsen
Independent Director3yrsDKK 205.00k0.0011%
DKK 21.4k
Tom Ahrenst
Independent Director2yrsDKK 295.00kno data
Annfinn Hansen
Vice Chairman1yrDKK 295.00kno data
Arni Rasmussen
Director1yrDKK 160.00kno data
Marjun Hanusardottir
Independent Director1.2yrsDKK 122.00kno data

3.0yrs

Average Tenure

58yo

Average Age

Experienced Board: FOBANK's board of directors are considered experienced (3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/03/17 05:47
End of Day Share Price 2025/03/14 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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 Github.

Analyst Sources

Føroya Banki is covered by 3 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
Mathias NielsenNordea Markets