Íslandsbanki hf Balance Sheet Health
Financial Health criteria checks 4/6
Íslandsbanki hf has total assets of ISK1,622.5B and total equity of ISK223.4B. Total deposits are ISK938.4B, and total loans are ISK1,324.6B earning a Net Interest Margin of 3%. It has insufficient allowance for bad loans, which are currently at 1.5% of total loans. Cash and short-term investments are ISK88.2B.
Key information
7.3x
Asset to equity ratio
3.0%
Net interest margin
| Total deposits | ISK 938.36b |
| Loan to deposit ratio | High |
| Bad loans | 1.5% |
| Allowance for bad loans | Low |
| Current ratio | Low |
| Cash & equivalents | ISK 88.22b |
Recent financial health updates
No updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: ISB's Assets to Equity ratio (7.3x) is low.
Allowance for Bad Loans: ISB has a low allowance for bad loans (46%).
Low Risk Liabilities: 67% of ISB's liabilities are made up of primarily low risk sources of funding.
Loan Level: ISB has an appropriate level of Loans to Assets ratio (82%).
Low Risk Deposits: ISB's Loans to Deposits ratio (141%) is high.
Level of Bad Loans: ISB has an appropriate level of bad loans (1.5%).
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 11:59 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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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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
Íslandsbanki hf. is covered by 7 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Namita Samtani | Barclays |
| Namita Samtani | Barclays |
| Andrew Coombs | Citigroup Inc |