Arion Bank posts 14.1% profit increase in Q1 2026

nl.investing.com (Dutch)

Arion Bank reported a 14.1% net profit increase to ISK 7.3 billion in Q1 2026, driven by strong core revenue growth. Core revenue rose 20% year-on-year to ISK 21 billion, and the net interest margin expanded to 3.8%, despite equity write-downs impacting financial income. The bank remains optimistic, expecting further margin improvement and continued growth from its rewards program and SME lending initiatives.


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Arion Bank posts 14.1% profit increase in Q1 2026 | News Minimalist