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FOBANK Foeroya Banki P/F News Story

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Brief: BankNordik Sees 2023 Net Income DKK 190-220 Million

Jan 26 (Reuters) - BankNordik Outlook FY 2023 net income DKK 190-220 million.
* BankNordik is adjusting its financial targets for 2024
* The bank’s ROE target is increased from 10% to 12%, the cost/income target
is lowered from <55% to <53% and the dividend payment is increased from 50% to
70% of the net profit
* The bank’s CET1 target remains unchanged at 20%
* Narrows its guidance for the 2022 net profit from DKK 160-190 million to DKK
160-170 million

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