Kvika banki hf. (ICE: KVIKA)

Iceland flag Iceland · Delayed Price · Currency is ISK
14.35
+0.15 (1.06%)
May 17, 2024, 3:29 PM GMT
-16.81%
Market Cap 67.76B
Revenue (ttm) 32.98B
Net Income (ttm) 3.95B
Shares Out 4.72B
EPS (ttm) 0.84
PE Ratio 26.57
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 7,015,922
Open 14.25
Previous Close 14.20
Day's Range 14.25 - 14.35
52-Week Range 13.25 - 18.70
Beta 0.47
Analysts n/a
Price Target n/a
Earnings Date Mar 29, 2024

About Kvika banki

Kvika banki hf., a specialized institution, provides investment banking, insurance, asset management, payment, and banking services to businesses, investors, and individuals in Iceland and the United Kingdom. It operates through Asset Management, Commercial Banking, Corporate Banking and Capital Markets, and UK Operations segments. The Asset Management segment manages various mutual funds, investment funds, and institutional investor funds, as well as offers private banking services; offers products and services relates to domestic and foreign ... [Read more]

Sector Financials
CEO Armann Harri Thorvaldsson
Country Iceland
Stock Exchange Nasdaq Iceland
Ticker Symbol KVIKA
Full Company Profile

Financial Performance

In 2023, Kvika banki's revenue was 29.33 billion, an increase of 52.60% compared to the previous year's 19.22 billion. Earnings were 4.02 billion, a decrease of -17.70%.

Financial Statements

News

Kvika banki hf.: Financial Results for Q1 2024

At a board meeting on 2 May 2024, the Board of Directors and the CEO approved the interim financial statements of the Kvika banki hf. (“Kvika” or “the bank”) group for the period 1 January to 31 March...

17 days ago - GlobeNewswire

Kvika banki hf.: Publication of Q1 financial results on Thursday 2 May

The Board of Directors of Kvika banki hf. is set to approve the financial statements of the Group for the first three months of 2024 at a board meeting on Thursday 2 May. The financial statements will...

20 days ago - GlobeNewswire

Kvika banki hf.: Announcement regarding reduction in share capital

At Kvika's AGM held on 21 March 2024 the meeting approved to reduce the company's share capital by ISK 58,952,375 nominal value, or the equivalent of 58,952,375 shares, from ISK 4,781.025,715 to ISK 4...

7 weeks ago - GlobeNewswire

Kvika banki hf.: Decisions of AGM

The Annual General Meeting of Kvika banki hf. was held on 21 March 2024, at 4:00 pm at Iceland Parliament Hotel by Austurvöllur, Thorvaldsenstræti 2-6, 101 Reykjavík. Attached are the main results of ...

2 months ago - GlobeNewswire

Kvika banki hf.: Annual General Meeting 21 March 2024 – draft resolution from Gildi Pension Fund regarding a Nomination Committee

Attached is a draft resolution from Gildi Pension Fund which will be discussed under the agenda item “other business” at Kvika banki´s Annual General Meeting on 21 March 2024. The draft resolution, to...

2 months ago - GlobeNewswire

Kvika banki hf.: Hugrún Sif Harðardóttir appointed internal auditor of Kvika banki hf.

Hugrún Sif Harðardóttir has been appointed internal auditor of Kvika banki hf. by the bank's Board of Directors and has commenced her duties.

2 months ago - GlobeNewswire

Kvika banki hf.: Annual General Meeting 21 March 2024 - Candidacy to the Board and registration

Deadline for the candidacy to the Board expired on 16 March 2024. The following candidates submitted their application for the Board of Directors at the AGM, to be held on 21 March 2024, at 4:00 pm at...

2 months ago - GlobeNewswire

Kvika banki hf.: Kvika accepts Landsbankinn's offer for TM tryggingar hf.

With reference to the announcement of Kvika banki hf. ("Kvika" or "the bank") from November 17, 2023, and later announcements, regarding the sales process of its insurance subsidiary TM tryggingar hf....

2 months ago - GlobeNewswire

Kvika banki hf.: Meeting announcement for Annual General Meeting on 21 March 2024

The Annual General Meeting of Kvika banki hf., Reg. No. 540502-2930 (“Kvika”), will be held on Thursday, 21 March 2024, at 4:00 pm, at Iceland Parliament Hotel by Austurvöllur, Thorvaldsenstræti 2-6, ...

2 months ago - GlobeNewswire

Kvika banki hf.: Halldór Þór Snæland Managing Director of Kvika’s Commercial Banking division

Halldór Þór Snæland has been appointed Managing Director of the Commercial Banking division of Kvika banki hf. (“Kvika” or “the bank”) and will join the bank’s Executive Committee. The Commercial Bank...

2 months ago - GlobeNewswire

Kvika Banki Hf.: Publication Of Annual Financial Statements And Investor Presentation On Thursday 15 February

(MENAFN - GlobeNewsWire - Nasdaq) The board of directors of Kvika banki hf. is set to approve the financial statements of the Group for the year 2023 at a board meeting on Thursday 15 February. The .....

3 months ago - MENAFN Business

Kvika banki hf.: Preliminary fourth quarter financial results below management forecast

Preliminary consolidated financial results for Kvika banki hf. („Kvika“) for the fourth quarter of 2023 are now available and show that profit before tax for the quarter will amount ISK 1,480 million,...

4 months ago - GlobeNewswire

Kvika banki hf.: Notice to the holders of subordinated notes KVB 18 02, ISIN: IS0000029882, of full redemption

Kvika banki hf. (the “Issuer”) hereby gives notice to holders of the subordinated nominal amount ISK 800,000,000 Tier 2 Notes KVB 18 02, ISIN: IS0000029882, due May 2028 (the “Notes”) that the Issuer ...

4 months ago - GlobeNewswire

Kvika banki hf.: Non-binding offers received for TM Insurance

With reference to the announcement of Kvika banki hf. ("Kvika" or "the bank") regarding the start of the sales process of its insurance subsidiary TM tryggingar hf. ("TM" or "the company") which was a...

5 months ago - GlobeNewswire

Kvika banki hf.: Changes in the Executive Committee

Ólöf Jónsdóttir, Managing Director of the Commercial Banking Division at Kvika banki hf. ("Kvika" or "the bank"), has submitted her resignation and will step down from her position concurrently. Sigur...

5 months ago - GlobeNewswire

Kvika banki hf.: Employee stock option plan

On 21 April 2021 the general meeting of Kvika banki hf. („Kvika“ or „the bank“) authorised the Board of Directors to approve a share option plan in accordance with Article 10 of the Income Tax Act No....

5 months ago - GlobeNewswire

Kvika banki hf. - Financial Calendar 2024

Kvika will host its Annual General Meeting and publish its interim consolidated and annual consolidated financial statements according to the below financial calendar for the year 2024:

5 months ago - GlobeNewswire

Kvika banki hf.: Change of Managing Director at Kvika Securities Ltd.

Gunnar Sigurðsson has requested to resign as Managing Director of Kvika Securities Ltd. in London ("KSL" or the "Company"), a subsidiary of Kvika banki hf. ("Kvika" or the "Bank"). Alongside his resig...

5 months ago - GlobeNewswire

Kvika banki hf.: Result of subordinated bond offering

Kvika has today concluded an offering of Tier-2 subordinated bonds in a new series, KVIKA 34 1211 T2i. Total demand amounted to ISK 4,820 million.

5 months ago - GlobeNewswire

Kvika banki hf.: Offering of Tier-2 bonds on 5 December

Kvika will offer Tier-2 subordinated bonds in a new series, KVIKA 31 1211 T2i, for sale today, Tuesday 5 December. The subordinated bonds will be issued under Kvika’s EMTN programme and listed on Nasd...

5 months ago - GlobeNewswire

Kvika banki hf. initiates the sales process of TM tryggingar hf.

Following the decision of the board of directors of Kvika bank hf. ("Kvika" or "the bank") regarding the sale or listing of its insurance subsidiary TM tryggingar hf. ("TM" or "the company"), which wa...

6 months ago - GlobeNewswire

Kvika banki hf.: Kvika issues bonds in SEK and NOK

Kvika has today concluded a sale of SEK 500 million and NOK 250 million floating rate bonds. The SEK bonds are green bonds, have a 3-year maturity and were priced at a spread of 400 bps over 3-month S...

6 months ago - GlobeNewswire

Kvika banki hf.: Financial Results for the First Nine Months of 2023

At a board meeting on 2 November 2023, the Board of Directors and the CEO approved the interim financial statements of Kvika banki hf. (“Kvika”) group for the period 1 January to 30 September 2023.

7 months ago - GlobeNewswire

Kvika banki hf.: Publication of 9M financial results on Thursday 2 November

The Board of Directors of Kvika banki hf. is set to approve the financial statements of the Group for the first nine months of 2023 at a board meeting on Thursday 2 November. The financial statements ...

7 months ago - GlobeNewswire