GrønlandsBANKEN A/S/DKr GRLA
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Capital at risk
About GrønlandsBANKEN A/S
GrønlandsBANKEN A/S is a financial institution primarily serving Greenland. It operates in the banking industry, providing a range of financial services, including retail and corporate banking, mortgage lending, and investment services. Founded in 1967, it is headquartered in Nuuk, Greenland, and plays a significant role in the local financial sector. The bank caters to both private and business clients, offering customized banking solutions to accommodate the unique economic landscape of the region. GrønlandsBANKEN's strategic positioning is enhanced by its deep understanding of the local market and its focus on sustainable development initiatives within Greenland.
- Ticker
- DKr GRLA
- Sector
- Finance
- Primary listing
- CSE
- Employees
- 159
- Headquarters
- Nuuk, Greenland
- Website
- www.banken.gl
GRLA Metrics
BasicAdvanced
kr 2.1B
11.74
kr 100.90
0.39
kr 80.00
6.75%
Price and volume
Market cap
kr 2.1B
Beta
0.39
52-week high
kr 1,250.00
52-week low
kr 845.00
Average daily volume
2.7K
Dividend rate
kr 80.00
Financial strength
Profitability
Net profit margin (TTM)
40.40%
Operating margin (TTM)
44.73%
Effective tax rate (TTM)
6.58%
Revenue per employee (TTM)
kr 2,830,000
Management effectiveness
Return on assets (TTM)
1.73%
Return on equity (TTM)
11.75%
Valuation
Price to earnings (TTM)
11.745
Price to revenue (TTM)
4.745
Price to book
1.37
Price to tangible book (TTM)
1.37
Dividend yield (TTM)
6.75%
Forward dividend yield
6.75%
Growth
Revenue change (TTM)
-2.39%
Earnings per share change (TTM)
-10.30%
3-year revenue growth (CAGR)
5.54%
3-year earnings per share growth (CAGR)
10.83%
10-year earnings per share growth (CAGR)
10.40%
3-year dividend per share growth (CAGR)
58.74%
10-year dividend per share growth (CAGR)
3.82%
Bulls say / Bears say
H1 2026 profit before tax rose to DKK 97.4 million from DKK 84.4 million, while lending increased DKK 115 million to DKK 5.037 billion and impairments fell sharply to DKK 3.9 million. (GlobeNewswire)
Management raised 2026 profit-before-tax guidance to DKK 195–220 million from DKK 180–205 million after a positive first-half performance, signaling stronger-than-expected operating momentum. (GlobeNewswire)
The bank retains a substantial capital buffer: its H1 2026 solvency ratio was 27.3% versus a 10.4% capital requirement, supporting resilience and future balance-sheet growth. (GlobeNewswire)
Falling rates remain a headwind: Q1 2026 net interest and fee income declined by DKK 2.5 million year over year, while core earnings fell to DKK 37 million from DKK 45 million. (GlobeNewswire)
The 2026 earnings upgrade partly reflects the conditional sale of GrønlandsBANKEN’s BEC Financial Technologies stake, making part of the improved outlook transaction-dependent and potentially nonrecurring. (GlobeNewswire)
The bank issued DKK 125 million of Senior Non-Preferred debt at six-month CIBOR plus 185 basis points, increasing funding costs and adding refinancing and subordination risk. (GlobeNewswire)
Data summarised monthly by Lightyear AI. Last updated on 8 Sept 2026.
Upcoming events
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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.