Arion Banki Hf · OMXICE:ARION
Arion Banki Hf — Arion Bank — Investor Presentation (June 2023)
17 slides from Arion Banki Hf's investor presentation, June 2023
Slide 1: Arion Bank June 2023
June 2023 « Arion Bank
Slide 2: Arion Bank's Executive Committee
Arion Bank’s Executive Committee Benedikt Gíslason – CEO Hákon Hrafn Gröndal – Managing Director of Corporate & Benedikt joined FBA (later Íslandsbanki) in 1998, held a variety of managerial Investment Banking positions at Straumur-Burðarás, was managing director of capital markets at Hákon Hrafn Gr
Slide 3: Organizational chart and subsidiaries
Organizational chart and subsidiaries Jón Finnbogason Managing Director of Stefnir Jón took over as managing director of Stefnir in the spring of 2022. Jón has worked in the financial market in a range of managerial and specialist positions for 23 years. He was at Stefnir between 2003 and 2008 and a
Slide 4: Return on equity of major banks in Iceland
Return on equity of major banks in Iceland 16.8% 14.7% 13.7% 13.7% 12.3% 11.9% 11.6% 11.1% 10.7% 6.2% 6.2% 5.8% 2021 2022 Q1 2023 Arion Bank Íslandsbanki Landsbankinn Kvika 4
Slide 5: Strong development of key financial indicators
Strong development of key financial indicators Return on equity (%) Cost-to-Core income ratio (%) Net interest margin (%) 14.7 62.3 13.7 13.7 53.3 51.6 45.6 47.0 2.9 3.1 3.1 2.8 2.8 6.5 0.6 2019 2020 2021 2022 Q1 2023 2019 2020 2021 2022 Q1 2023 2019 2020 2021 2022 Q1 2023 Net earnings Net fee and c
Slide 6: Retail Banking built on strong foundations
Retail Banking built on strong foundations Sophisticated and diverse range of products for retail customers Positive trend New type of CPI More emphasis on Best banking app 100,000 active in insurance sales linked savings 99 % Over 70% core cross-sales Strong long-term in Iceland 7 account contact w
Slide 7: Our success
Markets Record Q in commission income 1,000 900 ISK million 870 903 Premía komin heim 800 700 684 Premía service 600 555 500 continues to be 400 developed 300 Strong pension which returns greatly shortens in Q1 the lending process 200 100 0 Q1-20 Q2-20 Q3-20 Q4-20 Q1-21 Q2-21 Q3-21 Q4-21 Q1-22 Q2-22
Slide 8: Targets
Targets Outstanding comprehensive services for high value core customers Securities Premía and Private Banking Banking Alternative AUM growth and deposits investments • Increase collaboration and cross sales between divisions and subsidiaries. • Customers will experience comprehensive services where
Slide 9: Corporate Banking division is market leader in Iceland
Corporate Banking division is market leader in Iceland Highly experienced team, performance-driven and solution-oriented culture have made us a leader in corporate business Return on equity* 30% 28.3% 28.4% 27.8% 4.3% +25% ISK 12 to 40 bn. 25.6% 25.3% Highest NIM of D-SIBs Annual growth 25% rate of
Slide 10: Extensive experience and expertise across Corporate Finance team
Extensive experience and expertise across Corporate Finance team Some of CF's engagements in recent years Corporate Finance – experienced team of specialists 2020 2021 2022 2023 Hreiðar Már Hermannsson Helga Lára Hauksdóttir Þórður Ólafur Þórðarson Head of Corporate Finance Experience in financial m
Slide 11: Well-equipped to underpin an Arctic Stock Exchange
Well-equipped to underpin an Arctic Stock Exchange and with extensive - To date CIB has sold experience in syndications, both domestically and internationally over ISK 60 bn, of which 34bn are under management at Extensive syndication loan experience within CIB* present time. - For many years Arion
Slide 12: Draft of new main land use plan for Blikastaðaland published
Draft of new main land use plan for Blikastaðaland published by Mosfellsbær municipality • Land covers 98.31 hectares Land use plan • Number of residences 3,500-3,700 • Total construction estimated at 430,000 m2 • Commerical property 40-60,000 m2 of total • Utilization rate estimated 0.45 • Borgarlí
Slide 13: The Arctic region presents growing opportunities
The Arctic region presents growing opportunities Transatlantic flights The unique geographical location of Iceland makes the country the perfect connecting hub between Europe and North America. Eco-tourism is gaining momentum among international travellers: Iceland Faroe Islands Greenland Norway # i
Slide 14: Opening of new Arctic shipping lanes
Opening of new Arctic shipping lanes The emergence of new possible trans-Arctic shipping lanes, including the Northern Sea Route (NSR) and the Northwest Passage (NWP), would considerably shorten transit times and could bring new opportunities for the Arctic region in terms of strategic resource 14 e
Slide 15: Key takeaways
Key takeaways Core operations have continued to gain momentum Net commissions CIB Retail Banking Markets Insurance Record quarter ‣ Quarterly net commission income ‣ Active users of the banking app now ‣ Strong outperformance of Stefnir ‣ 25% Y-o-Y growth in insurance up 2.8x in 3 years on fewer sta
Slide 16: Disclaimer
Disclaimer - This document has been prepared for information purposes only and should not be relied upon, or form the basis of any action or decision, by any person. Nothing in this document is, nor shall be relied on as, a promise or representation as to the future. In supplying this document, Ario
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