Company Analysis - Commissioned /

Arion Bank: Buyback completed; we expect a reload by year-end as core profitability improves

  • Arion has returned ISK18bn to shareholders so far this year via dividends and buybacks, equivalent to a 9% yield

  • Strong capitalisation, liquidity keep the door open for more; Arion targets returning a further ISK50bn to shareholders

  • Q1 results to show continued pricing, risk and cost discipline. Improved core profitability to drive c20% pa EPS growth

Rahul Shah
Rahul Shah

Head of Corporate & Thematic Research

Tellimer Research
4 May 2021
Published byTellimer Research


Tellimer | Start Following

Start following your markets today

Follow your key analysts, markets and more so they appear here in your Watchlist - allowing you to keep an eye on the latest updates.