Arion banki hf Past Earnings Performance

Past criteria checks 4/6

Arion banki hf has been growing earnings at an average annual rate of 16.7%, while the Banks industry saw earnings growing at 13.5% annually. Revenues have been growing at an average rate of 7.8% per year. Arion banki hf's return on equity is 12.5%, and it has net margins of 39.9%.

Key information

16.7%

Earnings growth rate

21.3%

EPS growth rate

Banks Industry Growth	10.6%
Revenue growth rate	7.8%
Return on equity	12.5%
Net Margin	39.9%
Next Earnings Update	25 Jul 2024

Recent past performance updates

Recent updates

We Discuss Whether Arion banki hf.'s (ICE:ARION) CEO Is Due For A Pay Rise

Mar 07

Analyst Estimates: Here's What Brokers Think Of Arion banki hf. (ICE:ARION) After Its Third-Quarter Report

Oct 29

Arion banki hf's (ICE:ARION) Dividend Will Be Increased To Kr15.00

Feb 24

If You Like EPS Growth Then Check Out Arion banki hf (ICE:ARION) Before It's Too Late

Nov 24

Upgrade: Analysts Just Made A Captivating Increase To Their Arion banki hf. (ICE:ARION) Forecasts

Jul 21

I Ran A Stock Scan For Earnings Growth And Arion banki hf (ICE:ARION) Passed With Ease

Jul 02

Income Investors Should Know That Arion banki hf. (ICE:ARION) Goes Ex-Dividend Soon

Mar 13

The Arion banki hf (ICE:ARION) Share Price Is Up 26% And Shareholders Are Holding On

Feb 09

What You Need To Know About Arion banki hf.'s (ICE:ARION) Investor Composition

Dec 17

Revenue & Expenses Breakdown
Beta

How Arion banki hf makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

ICSE:ARION Revenue, expenses and earnings (ISK Millions)
Date	Revenue	Earnings	G+A Expenses
31 Mar 24	60,056	23,938	1,314
31 Dec 23	61,353	25,759	1,364
30 Sep 23	59,953	24,790	1,316
30 Jun 23	59,273	23,694	1,522
31 Mar 23	57,326	19,843	1,600
31 Dec 22	55,399	19,402	1,423
30 Sep 22	56,154	20,077	6,724
30 Jun 22	57,652	22,661	9,118
31 Mar 22	60,197	27,112	12,353
31 Dec 21	60,849	27,211	15,441
30 Sep 21	59,963	29,320	12,866
30 Jun 21	56,572	26,676	12,471
31 Mar 21	53,901	23,964	12,473
31 Dec 20	45,840	16,754	12,332
30 Sep 20	43,862	13,847	12,287
30 Jun 20	45,018	12,688	12,834
31 Mar 20	43,105	10,536	13,062
31 Dec 19	47,616	14,051	13,562
30 Sep 19	44,990	10,930	14,070
30 Jun 19	41,403	8,483	14,148
31 Mar 19	42,263	8,290	14,292
31 Dec 18	42,175	8,275	14,278
30 Sep 18	41,188	10,968	11,672
30 Jun 18	40,989	9,501	12,384
31 Mar 18	43,197	13,995	12,996
31 Dec 17	46,142	15,125	13,602
30 Sep 17	51,877	15,291	17,031
30 Jun 17	61,182	22,712	17,016
31 Mar 17	63,554	22,195	16,773
31 Dec 16	61,501	21,147	16,659
30 Sep 16	79,405	32,695	16,824
30 Jun 16	75,201	31,443	16,151
31 Mar 16	70,570	29,187	15,508
31 Dec 15	82,688	41,608	14,892
30 Sep 15	64,602	30,975	14,273
30 Jun 15	63,884	29,958	13,982
31 Mar 15	67,668	33,641	14,021
31 Dec 14	55,063	21,632	13,979
30 Sep 14	52,490	18,164	14,124
30 Jun 14	49,544	17,156	14,022
31 Mar 14	45,468	13,560	13,665
31 Dec 13	43,288	12,620	13,537
30 Sep 13	40,868	12,270	6,316
30 Jun 13	39,523	11,544	8,359

Quality Earnings: ARION has high quality earnings.

Growing Profit Margin: ARION's current net profit margins (39.9%) are higher than last year (34.6%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: ARION's earnings have grown by 16.7% per year over the past 5 years.

Accelerating Growth: ARION's earnings growth over the past year (20.6%) exceeds its 5-year average (16.7% per year).

Earnings vs Industry: ARION earnings growth over the past year (20.6%) did not outperform the Banks industry 26.5%.

Arion banki hf Past Earnings Performance

Past criteria checks 4/6

Key information

Recent past performance updates

First quarter 2024 earnings released: EPS: Kr3.07 (vs Kr4.32 in 1Q 2023)

Arion banki hf. to Report Fiscal Year 2023 Results on Feb 14, 2024

Full year 2023 earnings: EPS and revenues miss analyst expectations

Third quarter 2023 earnings released: EPS: Kr4.19 (vs Kr3.26 in 3Q 2022)

Arion banki hf. to Report Q3, 2024 Results on Oct 30, 2024

Second quarter 2023 earnings released: EPS: Kr4.84 (vs Kr1.93 in 2Q 2022)

Recent updates

First quarter 2024 earnings released: EPS: Kr3.07 (vs Kr4.32 in 1Q 2023)

Arion banki hf. (ICSE:ARION) commences an Equity Buyback Plan for 10% of its issued share capital, under the authorization approved on March 13, 2024.

Arion banki hf. Announces Board and Committee Appointments

We Discuss Whether Arion banki hf.'s (ICE:ARION) CEO Is Due For A Pay Rise

Price target decreased by 12% to Kr151

Arion banki hf. to Report Fiscal Year 2023 Results on Feb 14, 2024

Full year 2023 earnings: EPS and revenues miss analyst expectations

Arion Banki Hf. Announces Resignation of Steinunn Hlíf Sigurðardóttir as Managing Director of Customer Experience and Member of Executive Committee

Third quarter 2023 earnings released: EPS: Kr4.19 (vs Kr3.26 in 3Q 2022)

Arion banki hf. to Report Q3, 2024 Results on Oct 30, 2024

Arion Banki Hf. Announces Resignation of Þröstur Ríkharðsson as Alternate Director

Second quarter 2023 earnings released: EPS: Kr4.84 (vs Kr1.93 in 2Q 2022)

Price target decreased by 8.2% to Kr170

First quarter 2023 earnings released: EPS: Kr4.32 (vs Kr3.61 in 1Q 2022)

Upcoming dividend of Kr8.50 per share at 5.8% yield

Arion Bank hf. Appoints Björn Björnsson as Managing Director of Information Technology

Full year 2022 earnings: EPS misses analyst expectations

Consensus EPS estimates fall by 12%

Insufficient new directors

Consensus forecasts updated

Analyst Estimates: Here's What Brokers Think Of Arion banki hf. (ICE:ARION) After Its Third-Quarter Report

Third quarter 2022 earnings released: EPS: Kr3.26 (vs Kr4.83 in 3Q 2021)

Insufficient new directors

Consensus EPS estimates increase by 13%

Consensus forecasts updated

Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Arion banki hf.(OM:ARION SDB) dropped from OMX Nordic All-Share Index

First quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Arion banki hf. to Report Q3, 2023 Results on Oct 26, 2023

Arion banki hf. Announces Executive Changes

Upcoming dividend of Kr15.00 per share

Arion banki hf's (ICE:ARION) Dividend Will Be Increased To Kr15.00

Arion Banki Hf. Proposes Dividend Payment

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Price target increased to Kr193

If You Like EPS Growth Then Check Out Arion banki hf (ICE:ARION) Before It's Too Late

Third quarter 2021 earnings released: EPS Kr5.23 (vs Kr2.89 in 3Q 2020)

Second quarter 2021 earnings released

Upgrade: Analysts Just Made A Captivating Increase To Their Arion banki hf. (ICE:ARION) Forecasts

Consensus revenue estimates increase to Kr58.5b

Price target increased to Kr153

Consensus forecasts updated

I Ran A Stock Scan For Earnings Growth And Arion banki hf (ICE:ARION) Passed With Ease

First quarter 2021 earnings released: EPS Kr3.61 (vs Kr0.74 loss in 1Q 2020)

Price target increased to Kr136

Consensus forecasts updated

Income Investors Should Know That Arion banki hf. (ICE:ARION) Goes Ex-Dividend Soon

Upcoming Dividend of Kr1.74 Per Share

Analysts update estimates

Full year 2020 earnings released: EPS Kr7.24 (vs Kr7.77 in FY 2019)

Revenue and earnings beat expectations

The Arion banki hf (ICE:ARION) Share Price Is Up 26% And Shareholders Are Holding On

New 90-day high: Kr101

Price target raised to Kr105

Analysts update estimates

New 90-day high: Kr98.10

Price target raised to Kr96.33

New 90-day high: Kr93.50

What You Need To Know About Arion banki hf.'s (ICE:ARION) Investor Composition

New 90-day high: Kr92.40

New 90-day high: Kr87.50

Third quarter earnings released

Third-quarter earnings released: Revenue beats expectations

Analysts increase EPS estimates to Kr5.04

New 90-day high: Kr77.40

Íbúðalánasjóður agreed to acquire mortgage loan portfolio of Arion banka hf. for ISK 50 billion.

New 90-day high - Kr72.30

New 90-day high - Kr71.60

Arion banki hf. to Report Q3, 2021 Results on Oct 27, 2021

Revenue & Expenses Breakdown
Beta