Another guidance upgrade from the North Atlantic - Nordea
Detta är en aktieanalys producerad av tredje part och reflekterar därför nödvändigtvis ej våra åsikter och värderingar
On 15 July 2025, Føroya Banki raised its 2025 net profit guidance range to DKK 235-265m (previously DKK 210-240m). The bank highlights that the insurance result and growth in business activity have been strong, while impairment charges have been low. On top of this comes a few non-recurring items such as extraordinary income from its sector shares and the sale of one of its branch offices. Mainly led by the non-recurring items, we raise our 2025E net profit by DKK 25m (11%) to DKK 245m. We also raise 2026E-27E net profit by ~1% amid slightly raised lending volumes and insurance income estimates. Our new Gordon growth-based fair value range is DKK 175-214 (173-211).