Arion Bank Q2 FY26 net earnings drop 17.35% to ISK 8.1 billion; ROE narrows 4.2 percentage points to 15.5% on year

• Arion Bank posted net earnings of ISK 8.1 billion in Q2 2026, down 17.35% year on year, as return on equity fell 4.2 percentage points to 15.5%.
• Net commission income dropped to ISK 4 billion from ISK 4.6 billion, while operating expenses climbed 10.9% to ISK 732 million higher year on year.
• Loans to customers rose ISK 65.4 billion, up 4.8% in the quarter, lifting the balance sheet 3.6%.
• The CET1 ratio stood at 17.7% and the capital ratio at 21.6% at end-June, reflecting a 50% dividend accrual and a remaining ISK 2.7 billion buyback.
• CEO Benedikt Gíslason said the quarter met financial targets, citing deposit growth, a new joint branch in Reykjanesbær, and expanded Arion Rewards features.

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