Another guidance upgrade from the North Atlantic
16 juli, 07:00
On 15 July 2025, Føroya Banki raised its 2025 net profit guidance range to DKK 235-265m (previously DKK 210-240m). The bank highlights that the insurance result and growth in business activity have been strong, while impairment charges have been low. On top of this comes a few non-recurring items such as extraordinary income from its sector shares and the sale of one of its branch offices. Mainly led by the non-recurring items, we raise our 2025E net profit by DKK 25m (11%) to DKK 245m. We also raise 2026E-27E net profit by ~1% amid slightly raised lending volumes and insurance income estimates. Our new Gordon growth-based fair value range is DKK 175-214 (173-211).
Another guidance upgrade from the North Atlantic
16 juli, 07:00
On 15 July 2025, Føroya Banki raised its 2025 net profit guidance range to DKK 235-265m (previously DKK 210-240m). The bank highlights that the insurance result and growth in business activity have been strong, while impairment charges have been low. On top of this comes a few non-recurring items such as extraordinary income from its sector shares and the sale of one of its branch offices. Mainly led by the non-recurring items, we raise our 2025E net profit by DKK 25m (11%) to DKK 245m. We also raise 2026E-27E net profit by ~1% amid slightly raised lending volumes and insurance income estimates. Our new Gordon growth-based fair value range is DKK 175-214 (173-211).
Swedbank
Rapportperioden
-992x558.webp&w=3840&q=75)
Swedbank
Mest läst
Rapportperioden
Marknadsöversikt
1 DAG %
Senast
1 mån
Privatekonomi med Placeras expert
Affärsvärlden
-160x160.jpg&w=3840&q=75)
