Added to YB: 2026-08-19
Pitch date: 2026-08-17
FOBANK.CO [neutral]
Føroya Banki
Author Info
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Company Info
Føroya Banki, together with its subsidiaries, provides personal and corporate banking services in the Faroe Islands and Greenland.
Market Cap
DKK 2.6B
Pitch Price
N/A
Price Target
N/A
Dividend
7.61%
EV/EBITDA
N/A
P/E
10.19
EV/Sales
N/A
Sector
Banks
Category
dividend
The 120-Year-Old Bank Banking an Entire 54,000-Person Country - $FOBANK.CO
FOBANK.CO (overview): Faroese bank (54K pop.), 6 branches, dominant home mkt. 2025 net profit DKK288M, +113.5% TSR vs 60.6% index. Trades 1.4x book, 10.2x TTM (12x fwd), 7.7% yield (70% payout), 12.2% 5yr ROE, CET1 25.6%. FY26 guides down DKK195-235M. Risks: Greenland/US tensions, costs above target, Moody's negative outlook, thin volume.
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