Føroya Banki/DKr FOBANK
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Føroya Banki
Føroya Banki, commonly referred to as BankNordik, is a financial institution headquartered in Torshavn, Faroe Islands. The bank primarily operates in the financial services industry, offering a range of banking products including retail banking, corporate banking, and insurance services. Founded in 1906, it has a significant presence in the Faroe Islands, Greenland, and Iceland. Its strategic positioning revolves around deep-rooted local knowledge and a focus on providing tailored financial solutions to its customers. The bank's regional focus allows it to leverage localized expertise, distinguishing it from larger, more generalized entities in the Nordic financial market.
- Ticker
- DKr FOBANK
- Sector
- Finance
- Primary listing
- CSE
- Employees
- 201
- Headquarters
- Tórshavn, Denmark
- Website
- www.bankin.fo
Føroya Banki Metrics
BasicAdvanced
kr 2.9B
11.28
kr 26.92
-
kr 21.04
6.93%
Price and volume
Market cap
kr 2.9B
52-week high
kr 338.00
52-week low
kr 217.00
Average daily volume
5.6K
Dividend rate
kr 21.04
Financial strength
Profitability
Net profit margin (TTM)
43.96%
Operating margin (TTM)
53.21%
Effective tax rate (TTM)
18.57%
Revenue per employee (TTM)
kr 2,920,000
Management effectiveness
Return on assets (TTM)
1.67%
Return on equity (TTM)
13.07%
Valuation
Price to earnings (TTM)
11.281
Price to revenue (TTM)
4.959
Price to book
1.46
Price to tangible book (TTM)
1.46
Dividend yield (TTM)
6.93%
Forward dividend yield
6.93%
Growth
Revenue change (TTM)
-5.61%
Earnings per share change (TTM)
-11.11%
3-year revenue growth (CAGR)
1.17%
3-year earnings per share growth (CAGR)
-1.87%
10-year earnings per share growth (CAGR)
9.53%
3-year dividend per share growth (CAGR)
-6.86%
10-year dividend per share growth (CAGR)
26.53%
Bulls say / Bears say
Føroya Banki raised its 2026 net profit forecast to DKK 225–255 million from DKK 190–235 million, citing better-than-expected interest and fee income and low loan impairments. It maintained the upgraded range after reporting nine-month results. (Nasdaq, Føroya Banki)
The core bank is growing: year-on-year lending and deposits rose 3% and 8%, respectively, by the end of Q3, while net fee income increased 15% over the first nine months. Higher customer activity is supporting the bank’s interest and fee income. (Føroya Banki)
Capital remains strong, with a 25.1% CET1 ratio against the bank’s target of around 23%. Its 2027–2030 plan also targets returns on equity above 12% and a 70% payout ratio, while seeking further growth in Greenland. (Føroya Banki)
Earnings are below last year despite the improved forecast: nine-month net profit fell 14% to DKK 187 million, and return on equity declined to 12.4% from 14.4%. Operating income was down 5% year on year. (Føroya Banki)
Higher insurance claims are weighing on results. Net insurance income fell to DKK 34 million in the first nine months from DKK 56 million a year earlier, and Q3 income dropped to DKK 7 million from DKK 11 million in Q2. (Føroya Banki)
The Faroese banking supervisor has flagged potential cyclical risks as house prices have risen faster than household incomes and lending growth remains relatively high. Further rate rises and inflation could weaken borrowers’ spending power and make repayments harder. (Eysturoyarportalurin)
Data summarised monthly by Lightyear AI. Last updated on 9 Nov 2026.
Føroya Banki Financial Performance
Revenues and expenses
Føroya Banki Earnings Performance
Company profitability
Upcoming events
No upcoming events
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.