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Kvika banki hf. (KVIKA.IC)

ISK13.20 -0.08 (-0.57%)
IS ICE Financial Services Investment - Banking & Investment Services
Address Katrínartúni 2 105
Reykjavík, IS
CEO Armann Thorvaldsson
Website kvika.is
IPO 2018-03-16
ISIN IS0000020469

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Description

Kvika banki hf., together with its subsidiaries, provides asset management, payment, and banking services to businesses, investors, and individuals in Iceland and the United Kingdom. The company operates through Asset Management, Commercial Banking, Investment Banking, UK Operations, and Treasury segments. The Asset Management segment offers asset management services, including domestic and foreign assets, private banking, and private pension plans. The Commercial Banking segment provides general banking services and related advisory services; loans and lease agreements for cars, machinery, and equipment to individuals and companies; mortgages; and payment services. The Investment Banking segment operates in capital markets, which provide services in securities and foreign exchange brokerage; corporate finance, which provides advice on the acquisition, sale, and merger of companies; financing business through stock or bond auctions; listing and delisting stocks and bonds; and corporate lending, which provides specialized lending to finance such real estate, securities transactions, and other investments. The UK Operations segment engages in asset management, corporate finance, and lending services, as well as the bank's lending services to customers in the United Kingdom. The Treasury segment engages in the bank’s funding; liquidity; and asset-and-liability management. It offers its products through online. The company was formerly known as MP banki hf. and changed its name to Kvika banki hf. in October 2015. Kvika banki hf. was incorporated in 2002 and is headquartered in Reykjavík, Iceland.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
ISK13.20 -0.08 (-0.57%)
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Volume Profile
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Liquidity & share structure
Average Volume
7M
Beta
0.29
Float Shares
4.29B
Free Float %
97.0%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.91% +7.79% -4.32% -7.26% -1.19% -10.99% +14.48% -0.60% -23.85% +110.13% +110.13%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
13.20
DCF (Unlevered) 5.99 -54.6%
DCF (Levered) 25.29 +91.6%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Quality scores
Altman Z-Score
0.42
Distress
Piotroski F-Score
9 / 9
Strong
MOAT Score
5 / 10
Developing
Composite Rating
B
Overall Score
3 / 5
Medium
DCF Score
4 / 5
High
ROE Score
3 / 5
Medium
ROA Score
4 / 5
High
D/E Score
1 / 5
Low
P/E Score
2 / 5
Medium
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Investment - Banking & Investment Services: +23.9%
    +2.2% Q1'26: +10.3% (vs Q1'25)
  • EPS growth Investment - Banking & Investment Services: +31.6%
    -20.1% Q1'26: -31.1% (vs Q1'25)
  • FCF margin FCF growth · Investment - Banking & Investment Services: +22.1%
    -45.2% Q1'26: -13.1% (vs Q1'25)
  • EBIT margin Investment - Banking & Investment Services: +33.7%
    +16.7% Q1'26: +18.4% (vs Q1'25)
  • ROIC Investment - Banking & Investment Services: +2.7%
    +3.2% Q1'26: +4.4% (vs Q1'25)
  • Share dilution Investment - Banking & Investment Services: +0.1%
    -3.8% Q1'26: -6.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Investment - Banking & Investment Services: -0.48×
    11.52× Q1'26: 10.37× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.27) × ERP
WACC = 46% × Ke + 54% × Kd (20.8%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 5.99 Current price: 13.20
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-11 B 3/5 4/5 3/5 4/5 1/5 2/5 2/5
2026-05-08 B 3/5 4/5 3/5 4/5 2/5 2/5 2/5
2026-05-07 B 3/5 4/5 3/5 4/5 2/5 2/5 2/5
2026-05-06 B 3/5 4/5 3/5 4/5 2/5 2/5 2/5
2026-05-05 B+ 3/5 4/5 3/5 5/5 2/5 2/5 2/5
2026-05-04 B+ 3/5 4/5 3/5 5/5 2/5 2/5 2/5
2026-04-30 B 3/5 4/5 3/5 5/5 1/5 2/5 2/5
2026-04-29 B 3/5 4/5 3/5 5/5 1/5 2/5 2/5
2026-04-28 B 3/5 4/5 3/5 5/5 1/5 2/5 2/5
2026-04-27 B 3/5 4/5 3/5 5/5 1/5 2/5 2/5
2026-04-24 B 3/5 4/5 3/5 5/5 1/5 2/5 2/5
2026-04-22 B+ 3/5 4/5 3/5 5/5 1/5 2/5 3/5
2026-04-21 B+ 3/5 4/5 3/5 5/5 1/5 3/5 3/5
2026-04-20 B+ 3/5 4/5 3/5 5/5 1/5 3/5 3/5
2026-04-17 B+ 3/5 4/5 3/5 5/5 1/5 3/5 3/5
2026-04-16 B+ 3/5 4/5 3/5 5/5 1/5 3/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-9.76B
OE per share TTM
-2.10
Owner's Yield
-13.34%
Maintenance CapEx ratio
236.96%
Maint CapEx / Avg PPE
7.7%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 25 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Vanguard Emerging Markets Ex-China ETF VEXC 0.01% 17.3K 0.07%
2 Vanguard FTSE Emerging Markets UCITS ETF (USD) Accumulating VFEA.L 0.01% 299.0K 0.17%
3 Vanguard FTSE Emerging Markets UCITS ETF (USD) Distributing VDEM.L 0.01% 299.0K 0.17%
4 Vanguard FTSE Emerging Markets All Cap Index ETF VEE.TO 0.00% 146.1K 0.26%
5 Vanguard FTSE Emerging Markets Shares ETF VGE.AX 0.00% 64.8K 0.48%
6 Vanguard FTSE Emerging Markets ETF VWO 0.00% 7.21M 0.06%
7 Schwab Emerging Markets Equity ETF SCHE 0.00% 525.8K 0.06%
8 Invesco FTSE All-World UCITS ETF FWRA.SW 0.00% 73.4K 0.15%
9 Invesco FTSE All-World UCITS ETF FTWG.L 0.00% 73.2K 0.15%
10 Vanguard ESG International Stock ETF VSGX 0.00% 99.4K 0.10%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
24.72M
Shares Outstanding
4.42B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Armann Harri Thorvaldsson Chief Executive Officer 83M male
Gudmundur Poroarson Managing Director of Business Development 17M male
Eirikur Magnus Jensson Chief Financial Officer male
Erna Heiorun Jonsdottir Head of Compliance
Gunnar Sigurdsson Chief Executive Officer of Kvika Securities - London male
Lilja Rut Jensen General Counsel female
Olof Jonsdottir Managing Director of Commercial Banking female
Anna Rut Agustsdottir MD of Operations & Development and Deputy CEO female
Vilhjalmur Vilhjalmsson Head of FX Brokerage
Bjarni Eyvinds Thrastarson Managing Director of Investment Banking male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits