Íslandsbanki Q2 net profit slips 1.7% to ISK 7.1 billion; ROE rises 0.3 percentage point to 13.3%

• Íslandsbanki posted 2Q26 net profit of ISK 7.1 billion, down 1.7% year on year; annualized ROE edged up 0.3 percentage points to 13.3%.
• Net interest income rose 10% from 2Q25 to ISK 15.3 billion; net interest margin widened 0.1 percentage point to 3.4%.
• Net fee and commission income slipped to ISK 3.3 billion from ISK 3.6 billion; net financial result swung to a ISK 94 million expense.
• Administrative expenses climbed to ISK 8.1 billion from ISK 7.3 billion, pushing the cost-to-income ratio up 2.1 percentage points to 43.1%.
• Loans grew ISK 14.8 billion in the quarter to ISK 1.42 trillion; deposits rose 2.4% to ISK 1.04 trillion as the bank bought 57 million shares for ISK 8.2 billion.

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. Íslandsbanki hf. published the original content used to generate this news brief on July 29, 2026, and is solely responsible for the information contained therein.