contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment CompanyTagList on Company {
  pageUrl
  name
  viewerIsFollowing
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    ...CompanyTagList
    id
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  availableLanguages
  pageUrl
  imgUrl
  description
  ... on Video {
    liveTime
    videoUrl
  }
  ... on Webcast {
    liveTime
    videoUrl
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      defaultInstrument {
        isin
        id
      }
      id
    }
    slug
    ... on CompanyReport {
      reportUrl
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    id
    name
    viewerIsFollowing
    defaultInstrument {
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


foroya-banki-announces-strategy-and-financial-targets-for-2026

__typename

title

isPremium

lang

htmlBody

companies

createdAt

publishers

authors

reactionGroups

availableLanguages

pageUrl

imgUrl

description

Føroya Banki (formerly BankNordik) is a Faroese bank listed on Nasdaq OMX Copenhagen, and based in Thorshavn. The bank offers financial services to private, public and corporate customers.

In the Faroe Islands and Greenland, the offering consists of banking and pension services, while insurance services are also part of the offering in the Faroe Islands. Banking activities in the Faroe Islands are organised under the name Føroya Banki, while insurance and real estate activities are marketed under the Trygd and Skyn brands respectively.

Føroya Banki dates back to 1906, when the bank was founded under the name Føroya Banki, which at the time was a subsidiary of Landmandsbanken (today Danske Bank). In 1994, Føroya Banki merged with Sjóvinnubankin, and in 2006 the Faroese parliament chose to privatise the bank with a subsequent listing on the Danish and Icelandic stock exchanges in 2007. After acquiring 12 branches from Sparbank in 2010, the bank changed its name to BankNordik and in 2011 acquired the healthy parts of Amagerbanken.

In 2021, the Danish banking activities were divested and the focus is now exclusively on the Faroe Islands and Greenland. Therefore, in 2024, the bank chose to reintroduce the name Føroya Banki. Work continues on an independent name for the Greenlandic banking activities.

Føroya Banki

30.8.2024 12:11:33 CEST | Føroya Banki | Inside informationAnnouncement no. 13/2024During the past strategy period, Føroya Banki has undergone a comprehensive transformation, taking steps to...

30.8.2024 12:11:33 CEST | Føroya Banki | Inside informationAnnouncement no. 13/2024During the past strategy period, Føroya Banki has undergone a comprehensive transformation, taking steps to refocus the business. Today, Føroya Banki is a solid financial group built on a strong North Atlantic foundation.By introducing the new strategy for the period leading up to 2026, the bank will continue its efforts to maintain its strong market position in the Faroe Islands and to consolidate its role as a significant player in the Faroese insurance market. As part of its transformation process, the bank has decided to find a suitable and locally anchored name in Greenland. The name change is expected to be implemented in the second half of 2024 and will support the ambition to be an even more signifi­cant financial partner for customers in Greenland. The group’s goal of sustainable growth during the strategy period will be achieved through a targeted strategic focus on good customer experiences and profitability.Financial targets for 2026Føroya Banki updates its financial targets for 2026, where growth in business volume will contribute to realising higher income. The cost/income ratio must be maintained at a stable level, and capital optimisation is intended to support the services provided to large business customers.<ul><li>Return on equity: &gt;12% based on a common equity tier 1 capital ratio of 23%</li><li>Cost/income ratio (%): &lt;53%</li><li>CET1: Around 23%</li></ul>Furthermore, the focus must be on continued endeavours to generate a stable return for the bank’s shareholders. The bank therefore maintains its ambition to pay dividends of 70% of the profit for the year.The bank's financial targets are based on a series of macroeconomic forecasts and on sustainable growth in the bank’s lending and deposits during the budget period, coupled with rising market shares in both the Faroe Islands and Greenland.“In recent years, we have made adaptations to our business, which has left our organisation in a strong position with a sharper focus on markets, customers and products. With a growing business volume, strong earnings and continued cost focus, we stand well prepared to enter the new strategy period with new strategic and financial ambitions,” says Føroya Banki CEO Turið F. Arge.“In the new strategy period, we have set clear goals to improve our market position through strengthened customer relationships, customer experiences aligned with specific needs and digital tools. We want to be our customers’ preferred financial partner and generate returns and value for all our stakeholders and the communi­ties we are part of.”&nbsp;More information is available from: Turið F. Arge, Chief Executive Officer, tel. (+298) 230 678

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