Last kr107.00 DKK
Change Today -1.00 / -0.93%
Volume 650.0
BNORDIK On Other Exchanges
Symbol
Exchange
Copenhagen
As of 11:01 AM 10/24/14 All times are local (Market data is delayed by at least 15 minutes).

banknordik p/f (BNORDIK) Snapshot

Open
kr108.00
Previous Close
kr108.00
Day High
kr108.00
Day Low
kr107.00
52 Week High
10/25/13 - kr145.00
52 Week Low
10/16/14 - kr98.50
Market Cap
1.1B
Average Volume 10 Days
1.8K
EPS TTM
kr9.22
Shares Outstanding
10.0M
EX-Date
03/24/14
P/E TM
11.6x
Dividend
kr1.50
Dividend Yield
1.40%
Current Stock Chart for BANKNORDIK P/F (BNORDIK)

Related News

No related news articles were found.

banknordik p/f (BNORDIK) Related Businessweek News

No Related Businessweek News Found

banknordik p/f (BNORDIK) Details

BankNordik P/F provides various banking and insurance services for individual, commercial, and corporate customers in Faroe Islands, Denmark, Iceland, and Greenland. The company operates through Banking, Non-life insurance, and Other segments. It offers retail, corporate, and investment banking services, as well as asset management services; non-life insurance products, such as property and casualty products; and real estate agency services. The company was founded in 1906 and is headquartered in Tórshavn, Denmark.

510 Employees
Last Reported Date: 08/7/14
Founded in 1906

banknordik p/f (BNORDIK) Top Compensated Officers

Chief Executive Officer and Member of Executi...
Total Annual Compensation: kr2.8M
Deputy Chief Executive Officer, Managing Dire...
Total Annual Compensation: kr1.9M
Compensation as of Fiscal Year 2013.

banknordik p/f (BNORDIK) Key Developments

BankNordik P/F Reports Earnings Results for the Second Quarter and Half Year of 2014; Provides Earnings Guidance for the Full Year of 2014; Reports Impairment Charges for the Second Quarter of 2014

BankNordik P/F reported earnings results for the second quarter and half year of 2014. For the second quarter, the company reported net interest income of DKK 126 million compared to DKK 151 million a year ago. Operating income was DKK 205 million compared to DKK 231 million a year ago. Profit before tax was DKK 54 million compared to DKK 63 million a year ago. Operating profit was DKK 44 million compared to DKK 62 million a year ago. Return on equity after tax was 1.8% compared to 2.5% a year ago. For the half year, the company reported net interest income of DKK 258 million compared to DKK 298 million a year ago. Operating income was DKK 395 million compared to DKK 436 million a year ago. Profit before tax was DKK 85 million compared to DKK 77 million a year ago. Operating profit was DKK 75 million compared to DKK 62 million a year ago. Profit before tax and after impairment charges, non-recurring items and value adjustments was DKK 85 million, as against DKK 77 million in the first half of 2013. Return on equity after tax was 3.0%. Cash flow from operations was DKK 699,754,000 compared to negative cash flow of DKK 272,207,000 a year ago. Acquisition of tangible assets was DKK 57,406,000 compared to DKK 4,904,000 a year ago. The company provided earnings Guidance for the full year of 2014. For the period, the company expects to generate profit before impairment charges, non-recurring items, value adjustments and tax of DKK 200 million to DKK 240 million. The company reported impairment charges for the second quarter of 2014. For the period, the company reported impairment charges, net, amounted to DKK 19 million compared to DKK 21 million in first quarter of 2014.

BankNordik P/F Reports Unaudited Consolidated and Parent Earnings Results for the First Quarter Ended March 31, 2014; Provides Earnings Guidance for the Full Year of 2014; Announces Impairment Charges for the First Quarter of 2014

BankNordik P/F reported unaudited consolidated and parent earnings results for the first quarter ended March 31, 2014. For the quarter, on consolidated basis, the company's interest income was DKK 164,823,000 against DKK 189,037,000 a year ago. Net interest income was DKK 132,877,000 against DKK 146,780,000 a year ago. Net interest and fee income was DKK 179,124,000 against DKK 191,264,000 a year ago. Profit before tax was DKK 30,702,000 against DKK 13,370,000 a year ago. Net profit was DKK 24,124,000 against DKK 13,200,000 a year ago. Portion attributable to shareholders of the company were DKK 24,124,000 or DKK 2.45 diluted per share against DKK 13,200,000 or DKK 1.34 diluted per share a year ago. Cash flow from operations was DKK 599,172,000 against DKK 106,703,000 a year ago. Acquisition of intangible assets was DKK 30,897,000 against DKK 519,000 a year ago. Book value was DKK 217 per share against DKK 209 per share a year ago. Return on equity after tax was 1.1% against 0.6% a year ago. For the quarter, on parent basis, the company’s interest income was DKK 161,737,000 against DKK 186,048,000 a year ago. Net interest income was DKK 129,646,000 against DKK 143,584,000 a year ago. Net interest and fee income was DKK 176,590,000 against DKK 188,458,000 a year ago. Profit before tax was DKK 32,197,000 against DKK 12,151,000 a year ago. Net profit was DKK 24,124,000 against DKK 13,200,000 a year ago. The management of the bank maintains the expectations for the full year of 2014 as reported in the annual report 2013 of a pre-tax profit before value adjustments and impairments in the DKK 200 million to DKK 240 million range. The company announced net impairment charges amounted to DKK 21 million in first quarter of 2014.

BankNordik P/F, Q1 2014 Earnings Call, May 07, 2014

BankNordik P/F, Q1 2014 Earnings Call, May 07, 2014

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
BNORDIK:DC kr107.00 DKK -1.00

BNORDIK Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for BNORDIK.
View Industry Companies
 

Industry Analysis

BNORDIK

Industry Average

Valuation BNORDIK Industry Range
Price/Earnings 10.8x
Price/Sales 1.4x
Price/Book 0.5x
Price/Cash Flow 11.0x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact BANKNORDIK P/F, please visit www.banknordik.fo. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.