GronlandsBANKEN A/S

GronlandsBANKEN A/S

1,135.00
DKK
-60.00
(-5.02%)
99.76EPS
9.63P/E
1.73BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
157.17
170.41
155.21
156.53
171.52
176.3
188.29
184.59
197.98
177.19
267.19
280.09
252.4
252.05
Basic EPS, GAAP
46.8
49.8
40.4
43
50.3
62.7
72.2
53.5
73.8
54.9
106.9
116.1
100.5
99.76
Free Cash Flow per Basic Share
242.3
-74.52
308.67
37.69
-330.77
255.97
598.89
51.26
-97.54
42.56
111.38
399.78
542.97
- -
Dividend per Share
54.99
54.99
55
55.01
55.06
29.99
30.01
- -
25
40.03
20
54.99
100.03
- -
Book Value per Share
491.8
510.68
507.93
514.56
532.48
555.09
598.71
653.84
704.4
732.55
821.74
885.35
888.35
870.28
Tangible Book Value per Share
491.8
510.68
507.93
514.56
532.48
555.09
598.71
653.84
704.4
732.55
821.74
885.35
888.35
870.28
Basic Weighted Avg Shares
2
2
2
2
2
2
2
2
2
2
2
2
2
2
Sales/Revenue/Turnover
283
307
279
282
308
317
339
332
356
319
481
504
454
454
Operating Margin (%)
- -
- -
- -
40.26
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
10
9
6
6
7
7
7
7
7
7
8
9
10
10
Net Income, GAAP
84
90
73
77
90
113
130
96
133
99
192
209
181
180
Effective Tax Rate (%)
31.78
31.79
31.79
31.77
31.79
19.54
13.68
26.49
16.41
9.5
21.33
14.93
0.3
6.32
Profit Margin (%)
29.78
29.22
26.03
27.47
29.33
35.56
38.34
28.98
37.28
30.98
40.01
41.45
39.82
39.58
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
25
25
25
- -
- -
- -
- -
1
50
102
241
381
495
493
Total Equity
876
910
914
926
958
999
1,078
1,177
1,268
1,319
1,479
1,594
1,599
1,566
Return on Invested Capital (%)
- -
- -
- -
8.27
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
9.48
9.77
7.76
8.3
9.6
11.53
12.51
8.53
10.65
7.21
12.25
11.31
8.89
9.15
Return on Common Equity (%)
9.76
10.04
7.97
8.41
9.6
11.53
12.51
8.54
10.87
7.64
13.75
13.6
11.33
11.75

Capital Structure

DKK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2
2
2
Market Capitalization
1,557
1,593
1,730

Working Capital

DKK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
3,124
3,599
2,921
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

DKK

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.81%
6.4%
0.34%
Free Cash Flow
-117.7%
4.52%
35.76%
Net Income, GAAP
13.96%
20.48%
-13.47%
Sales/Revenue/Turnover
6.05%
8.52%
-9.92%
Total Cash Common Dividend
- -
- -
81.82%

Quarterly Revenue

DKK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
126
123
134
122
504
2025
117
110
- -
116
454
2026
108
120
- -
- -
- -

Quarterly Earnings Per Share

DKK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
34.3
24.31
30.6
21.71
116.1
2025
41.3
18.89
- -
20.29
100.5
2026
35.1
25.48
- -
- -
- -

Quarterly Dividends Per Share

DKK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
54.99
2025
- -
- -
- -
- -
100.03
2026
- -
- -
- -
- -
- -

Company Description

CEO
Martin Kviesgaard
Full Time Employees
159
Sector
Finance
Industry
Regional banks
Address
Imaneq 33 Nuuk SM Greenland 3900
IPO Date
May 8, 1989
Website
banken.gl
Business
GrønlandsBANKEN A/S is a financial services company primarily engaged in retail and corporate banking operations in Greenland. The company offers a broad range of products and services including deposit accounts; consumer, mortgage, and business loans; payment services; asset management; insurance brokerage; and electronic banking solutions. It serves individual customers, small and medium-sized enterprises, as well as public sector clients in its geographic market of Greenland. Founded in 1967, the bank is headquartered in Nuuk, Greenland. Recent developments at GrønlandsBANKEN include strategic initiatives to enhance digital banking capabilities and expand its service portfolio to better meet the evolving needs of its customers. The bank has focused on upgrading its electronic banking platforms, introducing new digital payment solutions, and strengthening partnerships to improve customer experience and operational efficiency. These changes reflect GrønlandsBANKEN's commitment to innovation and customer-centric growth within Greenland's financial services sector. GrønlandsBANKEN operates in the banking and financial services industry, targeting retail, corporate, and public sector clients across Greenland. As a regionally significant financial institution, it continues to adapt its offerings to the specific economic environment and regulatory framework of Greenland. The bank remains an independent entity with a strong regional presence, providing comprehensive banking solutions tailored to the Greenlandic market.