Íslandsbanki hf. (ICE:ISB)

Íslandsbanki Balance Sheet

Financials in millions ISK. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	46,900	48,584	86,472	139,035	130,597	115,668
Investment Securities	168,400	171,649	178,634	150,516	164,905	143,842
Trading Asset Securities	9,092	5,324	5,776	7,461	2,445	6,647
Total Investments	177,492	176,973	184,410	157,977	167,350	150,489
Gross Loans	1,390,375	1,354,833	1,306,586	1,264,345	1,123,260	1,072,837
Allowance for Loan Losses	-7,754	-7,820	-11,728	-11,132	-13,565	-17,514
Other Adjustments to Gross Loans	-	-14,939	-16,751	-10,816	-5,567	-4,955
Net Loans	1,382,621	1,332,074	1,278,107	1,242,397	1,104,128	1,050,368
Property, Plant & Equipment	5,135	5,039	6,562	6,752	7,010	7,341
Other Intangible Assets	2,636	2,684	2,930	3,279	3,351	3,478
Investments in Real Estate	2,900	2,600	-	-	-	-
Accrued Interest Receivable	-	-	-	-	252	200
Other Receivables	1,350	2,250	1,698	1,848	1,676	1,767
Restricted Cash	31,531	30,932	19,826	9,995	9,257	9,549
Other Current Assets	1,896	648	503	400	1,407	1,799
Long-Term Deferred Tax Assets	127	164	122	117	-	259
Other Real Estate Owned & Foreclosed	1,682	1,617	749	728	269	1,555
Other Long-Term Assets	13,159	4,242	1,315	3,707	3,524	1,718
Total Assets	1,667,429	1,607,807	1,582,694	1,566,235	1,428,821	1,344,191
Accrued Expenses	3,163	2,741	2,392	2,448	2,463	2,311
Interest Bearing Deposits	119,587	130,188	114,557	107,977	98,726	136,359
Non-Interest Bearing Deposits	831,458	809,009	752,146	697,025	658,543	582,746
Total Deposits	951,045	939,197	866,703	805,002	757,269	719,105
Short-Term Borrowings	6,558	7,360	4,605	10,683	7,667	7,740
Current Portion of Long-Term Debt	18,927	40,566	33,618	82,846	89,152	29,886
Current Portion of Leases	612	612	600	537	516	492
Current Income Taxes Payable	12,912	11,622	11,163	9,042	5,896	5,448
Other Current Liabilities	14,519	6,432	6,832	3,206	4,195	1,679
Long-Term Debt	420,841	358,715	422,110	419,816	348,836	383,149
Long-Term Leases	2,784	2,779	3,120	3,171	3,322	3,470
Long-Term Deferred Tax Liabilities	-	1,294	1,944	3,086	536	2
Other Long-Term Liabilities	18,174	9,134	4,914	7,524	5,259	4,705
Total Liabilities	1,449,535	1,380,452	1,358,001	1,347,361	1,225,111	1,157,987
Common Stock	9,368	9,473	9,898	10,000	10,000	10,000
Additional Paid-In Capital	42,472	55,000	55,000	55,000	55,000	55,000
Retained Earnings	160,732	163,016	161,619	152,086	139,764	119,585
Comprehensive Income & Other	5,322	-134	-1,824	1,788	-1,054	125
Total Common Equity	217,894	227,355	224,693	218,874	203,710	184,710
Minority Interest	-	-	-	-	-	1,494
Shareholders' Equity	217,894	227,355	224,693	218,874	203,710	186,204
Total Liabilities & Equity	1,667,429	1,607,807	1,582,694	1,566,235	1,428,821	1,344,191
Total Debt	449,722	410,032	464,053	517,053	449,493	424,737
Net Cash (Debt)	-393,730	-356,124	-371,805	-370,557	-316,451	-302,422
Net Cash Per Share	-205.93	-184.14	-186.65	-185.28	-158.23	-151.21
Filing Date Shares Outstanding	1,874	1,895	1,980	2,000	2,000	2,000
Total Common Shares Outstanding	1,874	1,895	1,980	2,000	2,000	2,000
Book Value Per Share	116.30	120.00	113.50	109.44	101.86	92.36
Tangible Book Value	215,258	224,671	221,763	215,595	200,359	181,232
Tangible Book Value Per Share	114.89	118.58	112.02	107.80	100.18	90.62

Updated Feb 13, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.