Arion banki hf
Research Arion banki hf (ARION-SDB) on Bullrun: valuation model: 6.1% undervalued, market cap SEK 19.44B, P/E 8.9. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerARION-SDB
- ExchangeST
- CountryIceland
- SectorFinancial Services
- IndustryBanks - Regional
- CurrencySEK
- Valuation signal6.1% undervalued
- Market capSEK 19.44B
- P/E8.9
- Financial periodQ2 2026
- RevenueISK 20.91B
- Net incomeISK 8.05B
- Free cash flowISK 8.30B
Valuation Snapshot
Bullrun's latest valuation model marks Arion banki hf as 6.1% undervalued; latest market cap is SEK 19.44B; P/E is 8.9.
Peer valuation comparison
Latest P/E is 8.94x versus a Financial Services sector median of 13.04x (31.5% below).
Latest P/E is 8.94x versus a Iceland median of 13.69x (34.7% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | ISK 79.19B | ISK 32.51B | ISK 36.06B | n/a | 21.86 | ISK 138.55B | ISK 539.21B | ISK 217.33B |
| FY2024 | n/a | ISK 26.11B | ISK 23.27B | n/a | 18.09 | ISK 117.31B | ISK 478.69B | ISK 206.58B |
| FY2023 | n/a | ISK 25.74B | -ISK 11.82B | n/a | 16.89 | ISK 114.99B | n/a | ISK 199.30B |
| FY2022 | n/a | ISK 25.96B | ISK 57.04B | n/a | 16.46 | ISK 150.13B | n/a | ISK 187.96B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-11-01 | SEK 19.44B | 8.9 | n/a | 0 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 0 SEK.
| Year | Dividends/share |
|---|---|
| FY2022 | 1.09 ISK |
About Arion banki hf
Arion banki hf. provides various financial services to individuals, corporates, and investors in Iceland and internationally. The company operates through three segments: Retail Banking, Corporate and Investment Banking, and Markets and Stefnir. The Retail Banking segment offers financial services, which include deposits and loans, savings, payment cards, pensions, insurance, securities, and funds.
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Frequently asked questions
Is Arion banki hf overvalued or undervalued?
Bullrun's valuation model currently marks Arion banki hf as 6.1% undervalued.
What is Arion banki hf's market cap?
Arion banki hf's market capitalization is SEK 19.44B.
What is Arion banki hf's P/E ratio?
Arion banki hf's price-to-earnings (P/E) ratio is 8.9.
What does Arion banki hf do?
Arion banki hf. provides various financial services to individuals, corporates, and investors in Iceland and internationally. The company operates through three segments: Retail Banking, Corporate and Investment Banking, and Markets and Stefnir. The Retail Banking segment offers financial services, which include deposits and loans, savings, payment cards, pensions, insurance, securities, and funds.