Kvika Q3 2026 pretax profit from continuing operations falls 11% to ISK 1.75 billion

Bitget2026/11/04 15:35

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Kvika’s third-quarter 2026 profit after tax from continuing operations fell 9% year-on-year to ISK 1.34 billion.
Net interest income rose to ISK 3.05 billion, while net fee income dropped 12% year-on-year to ISK 1.38 billion.
Third-quarter pretax return on tangible equity from continuing operations reached 18.9%, its highest in two years.
The bank completed its first covered bond issuance, enabling Auður to offer non-indexed, fixed-rate residential mortgages for the first time.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kvika banki hf. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202611041035OMX_____CNEWS_IS_GNW1001301775_is) on November 04, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Kvika Q3 2026 pretax profit from continuing operations falls 11% to ISK 1.75 billion

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