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News 2026-10-15 14:13 UTC

Føroya Banki Raises 2026 Net Profit Guidance to DKK 225 — 255 Million

Føroya Banki raised its 2026 net profit forecast to DKK 225-255 million from DKK 190-235 million. Low impairment charges drove the upgrade, reflecting robust loan portfolio credit quality. Net interest income and fee and commission income exceeded expectations, while insurance results fell short. Disclaimer: This news