Financial Reports

The highlights of Glitnir Bank’s financial statements for 2007:

  • Net income increased by 17.2% year-on-year
  • Pre-tax profit in Q4 was ISK 3.8 billion to ISK 10.4 billion in Q3
  • Net interest income in Q4 was ISK 11.9 billion, up by 54.6% from Q4 06
  • Fees and commissions increased by 7.8% in Q4 and amounted to ISK 10.6 billion
  • 52% of pre-tax profit was generated outside of Iceland in 2007
  • Earnings per share for 2007 amounted to ISK 1.86, as compared to ISK 2.68 in 2006
  • Total assets amounted to ISK 2,949 billion, up from ISK 2,246 at the beginning of 2007
  • Assets under management decreased by 6.7% QonQ, with the sale of Glitnir Property Holding, but increased by 91% over the year amounting to ISK 936 billion at year-end
  • Capitalization with CAD ratio at 11.2%, and Tier 1 ratio at 8.1%

Annual Results & Interim Accounts

ReportAccountsPress ReleasePresentationCEO's address
First quarter of 2008 PDF PDF PDF Webcast
Annual results of 2007PDFPDFPDFWebcast
Third quarter of 2007 PDF PDF PDF Webcast
Second quarter of 2007 PDF PDF PDF Webcast
First quarter of 2007 PDF PDF PDF WMV
Annual results of 2006PDFPDFPDFWMV
First Nine Months of 2006 PDF PDF PDF WMV
Second quarter of 2006 PDF PDF PDF -
First quarter of 2006 PDF PDF PDF -
Annual results of 2005PDFPDFPDF-
First nine months of 2005 PDF PDF PDF -
First half of 2005 PDF PDF - -
First quarter of 2005 PDF PDF PDF -
Annual results of 2004PDFPDFPDF-
First nine months of 2004 PDF - - -
First half of 2004 PDF - PDF -
First quarter of 2004 PDF PDF - -


Next steps

Glitnir share price

TickerChangePrice
GLB 0.15 % 15.50

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For further information about Glitnir Bank please contact the IR team.