Arion banki hf Q3 2024 Earnings Call Transcript - Thomson StreetEvents

Arion banki hf Q3 2024 Earnings Call Transcript

Arion banki hf Q3 2024 Earnings Call Transcript - Thomson StreetEvents
Arion banki hf Q3 2024 Earnings Call Transcript
Published Oct 31, 2024
10 pages (6352 words) — Published Oct 31, 2024
Price US$ 54.00  |  Buy this Report Now

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Abstract:

Edited Transcript of ARION.IC earnings conference call or presentation 31-Oct-24 8:30am GMT

  
Brief Excerpt:

...Good morning all and a warm welcome to the presentation of our third quarter results. We are very pleased to present solid financial results for the third quarter with a return on equity of 16.1% and particularly pleased to see how well our insurance business were performed in the period, delivering one of the strongest quarters in the company's history and all the segments of our core operations also performed strongly and produced excellent results and we delivered on all our financial targets in the quarter except on capital where we continue to be over capitalized despite our efforts in recent quarters to normalize the capital stock through dividends and buybacks. So further substantial normalization is to be expected going into next year as we continue to move closer to our financial target there through dividends, additional dividends and share buybacks. This year, we paid a dividend of ISK13 billion and have conducted buybacks of shares worth ISK12.5 billion. And the pace for next...

  
Report Type:

Transcript

Source:
Company:
Arion banki hf
Ticker
ARION.IC
Time
8:30am GMT
Format:
PDF Adobe Acrobat
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MLA:
Thomson StreetEvents. "Arion banki hf Q3 2024 Earnings Call Transcript" Oct 31, 2024. Alacra Store. May 15, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q3-2024-Arion-banki-hf-Earnings-Call-T15875842>
  
APA:
Thomson StreetEvents. (2024). Arion banki hf Q3 2024 Earnings Call Transcript Oct 31, 2024. New York, NY: Alacra Store. Retrieved May 15, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q3-2024-Arion-banki-hf-Earnings-Call-T15875842>
  
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