13.25
-1.12%
Close of 6 Nov 2026, in ISK
About Kvika banki hf
Its shares trade on Nasdaq Iceland under the ticker KVIKA.IC. It has been listed since 16 March 2018. In the fiscal year to 31 December 2025, it reported revenue before interest expense of ISK 19.65bn and net income of ISK 6.27bn. At that date it held total assets of ISK 343.11bn.
Kvika banki hf is a specialized investment bank, which engages on asset management and capital markets. The company defines five operating segments: Corporate Banking, which comprises various forms of banking services, in addition to providing lending services; Asset Management that includes asset management, both domestic and foreign assets, private banking and private pension plans; Capital Markets, which offers securities and foreign currency brokerage, derivatives brokerage and forward contracts; Corporate Finance that provides customers with impartial and independent advice concerning purchases, sales, mergers and acquisitions of companies; as well as Proprietary Trading and Treasury, which offers market making services and provides the Bank with treasury services. The Bank’s clients comprise primarily institutional investors and corporations.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Financials
- Industry
- Capital Markets
- Listed since
- 16 Mar 2018
- Employees
- 371
- Website
- kvika.is ↗
Leadership
Pay as last reported
- Mr. Siguroeur HannessonChairman of the Board, since 2020ISK 24,236
- Mr. Armann ThorvaldssonChief Executive OfficerISK 79,919
- M.L. Eirikur JenssonChief Financial Officer
- Mr. Hannes HrolfssonChief Executive Officer, Kvika Asset Management hf
- Ms. Lilja JensenGeneral Counsel
- Ms. Anna AgustsdottirManaging Director of Operations and Development
- Ms. Elisabet BjornsdottirManaging Director - Risk Management
- Mr. Bjarni EyvindsManaging Director of Corporate Banking
- Mr. Gudmundur PordarsonManaging Director - Business Development
- Mr. Halldor Thor SnaelandManaging Director - Commercial Banking Division
- Ms. Helga AuoeunsdottirDirectorISK 24,259
- Mr. Sigurgeir GuoelaugssonDirectorISK 4,429
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 27
- Environment
- 23
- Social
- 38
- Governance
- 20
- Direct emissions (scope 1)
- 74.4 t
- Energy emissions (scope 2)
- 26.3 t
- Value chain emissions (scope 3)
- 434.3 t
- Women in the workforce
- 42%
- Carbon reduction policy
- Yes
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Kvika banki hf's Corporate Banking segment serves institutional investors and corporations effectively.
- Asset Management handles both domestic and foreign assets for private banking clients.
- Capital Markets offers securities and foreign currency brokerage services in Iceland.
Weaknesses
- Proprietary Trading and Treasury services are limited to market making within Iceland.
- Corporate Finance segment lacks international M&A advisory services.
- Kvika banki hf has only 371 employees, which may limit scalability.
Opportunities
- Expanding Asset Management to include foreign assets for international clients.
- Capital Markets can grow by offering more derivatives brokerage services.
- Corporate Banking could target new corporate clients in the Icelandic market.
Threats
- Competition from other Icelandic financial institutions in the Capital Markets segment.
- Economic downturns in Iceland could reduce demand for banking services.
- Regulatory changes in the Financial Services sector may increase compliance costs.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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