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Investegate |Islandsbanki hf. Announcements | Islandsbanki hf.: Islandsbanki hf.: Financial results for fourth quarter 2020


Islandsbanki hf.: Financial results for fourth quarter 2020
Fourth quarter 2020 (4Q20) financial highlights
Íslandsbanki reported a net profit of ISK 3.5bn compared to 1.7bn in 4Q19, resulting in an annualised return on equity after tax of 7.6% which is in line with the Bank´s financial targets (4Q19: 3.7%). ROE margin, the return on equity in excess of risk-free rate, was at 7.1% for the quarter compared to 0.9% for 4Q19.
Net interest income (NII) amounted to ISK 8.3bn in the quarter, in line with 4Q19 with a net interest margin (NIM) of 2.5% in 4Q20 (4Q19: 2.7%). Net fee and commission income (NFCI) was comparable YoY at ISK 2.9bn. ....

Edda Hermannsdottir , Birna Einarsd , Icelandair Group , Icelandair Hotels , Sustainable Financing , Guarantee Fund , Corporate Finance , Nasdaq Iceland , Impact Report , Sustainable Financing Framework , Sustainability Report , Investegate Announcements , Investegate Company Announcements , Islandsbanki Hf , Globe Newswire , Globenewswire And , பனிக்கட்டி குழு , பனிக்கட்டி ஹோட்டல் , நிலையான நிதி , உத்தரவாதம் நிதி , பெருநிறுவன நிதி , நாஸ்டாக் ஐஸ்லாந்து , தாக்கம் அறிக்கை , நிலையான நிதி கட்டமைப்பு , நிலைத்தன்மை அறிக்கை ,