Q2 net profit reached ISK 7.1 billion with a 13.3% ROE, and full-year ROE guidance was raised to above 12.5%. Strong capital and liquidity positions offset macro headwinds from high inflation, interest rates, and sector-specific risks, especially in construction.Based on Islandsbanki hf [ISB] Q2 20…
Q2 net profit reached ISK 7.1 billion with a 13.3% ROE, and full-year ROE guidance was raised to above 12.5%. Strong capital and liquidity positions offset macro headwinds from high inflation, interest rates, and sector-specific risks, especially in construction.
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