Arion banki hf.

BATS-CHIXE:ARIONS Stock Report

Market Cap: SEK 15.8b

Arion banki hf Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Benedikt Gislason

Chief executive officer

ISK 87.2m

Total compensation

CEO salary percentage77.1%
CEO tenure3.6yrs
CEO ownershipn/a
Management average tenure3.4yrs
Board average tenure3.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Benedikt Gislason's remuneration changed compared to Arion banki hf's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2022ISK 87mISK 67m

ISK 19b

Sep 30 2022n/an/a

ISK 19b

Jun 30 2022n/an/a

ISK 22b

Mar 31 2022n/an/a

ISK 27b

Dec 31 2021ISK 70mISK 61m

ISK 27b

Sep 30 2021n/an/a

ISK 29b

Jun 30 2021n/an/a

ISK 27b

Mar 31 2021n/an/a

ISK 24b

Dec 31 2020ISK 66mISK 57m

ISK 17b

Sep 30 2020n/an/a

ISK 14b

Jun 30 2020n/an/a

ISK 13b

Mar 31 2020n/an/a

ISK 11b

Dec 31 2019ISK 62mISK 28m

ISK 14b

Sep 30 2019n/an/a

ISK 11b

Jun 30 2019n/an/a

ISK 8b

Mar 31 2019n/an/a

ISK 8b

Dec 31 2018ISK 3mn/a

ISK 8b

Compensation vs Market: Benedikt's total compensation ($USD603.46K) is below average for companies of similar size in the UK market ($USD1.95M).

Compensation vs Earnings: Benedikt's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Benedikt Gislason (48 yo)

3.6yrs

Tenure

ISK 87,200,000

Compensation

Mr. Benedikt Gíslason serves as Chief Executive Officer of Arion banki hf. Since July 1, 2019. Mr. Gíslason served as a Director of Arion banki hf.since September 5, 2018 until June 26, 2019. He was Direc...

Leadership Team

NamePositionTenureCompensationOwnership
Benedikt Gislason
Chief Executive Officer3.6yrsISK 87.20mno data
Olafur Hoskuldsson
Chief Financial Officer1.4yrsno datano data
Hakon Grondal
Managing Director of Corporate & Investment Bankingless than a yearno datano data
Lydur Thorgeirsson
Head of Corporate Finance of Corporate & Investment3.4yrsISK 34.64mno data
Styrmir Sigurjonsson
MD of Information Technology & CTO3yrsno datano data
Theodor Fridbertsson
Head of Investor Relations3.4yrsno datano data
Birna Káradóttir
General Counsel3.4yrsno datano data
Haraldur Eidsson
Head of Corporate Communications10.4yrsno datano data
Stefan Petursson
Advisor1.4yrsISK 44.20mno data
Lilja Steinthórsdóttir
Chief Audit Executive14.3yrsno datano data
Ida Benediktsdottir
Deputy CEO & MD of Retail Bankingno dataISK 45.50mno data
Sture Stolen
Executive3.4yrsno datano data

3.4yrs

Average Tenure

46yo

Average Age

Experienced Management: ARIONS's management team is considered experienced (3.4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Brynjolfur Bjarnason
Independent Chairman of the Board8.3yrsISK 23.30mno data
Liv Fiksdahl
Independent Director3.9yrsISK 19.00mno data
Paul Horner
Independent Vice Chairman3.5yrsISK 22.50mno data
Sigurbjörg Jónsdóttir
Alternate Directorno datano datano data
Steinunn Thordardottir
Independent Director5.3yrsISK 19.20mno data
Þröstur Ríkharðsson
Alternate Director3.9yrsno datano data
Gunnar Sturluson
Independent Director3.5yrsISK 16.00mno data

3.9yrs

Average Tenure

55yo

Average Age

Experienced Board: ARIONS's board of directors are considered experienced (3.9 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/02/21 04:22
End of Day Share Price 2022/11/24 00:00
Earnings2022/12/31
Annual Earnings2022/12/31

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

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 .

Analyst Sources

Arion banki hf. is covered by 8 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Johan StrömCarnegie Investment Bank AB
Andrew CoombsCitigroup Inc
Kazim AndaçDeutsche Bank