Landsbankinn hf.
Landsbankinn hf. is a publicly listed Icelandic universal bank offering retail and corporate banking products, digital channels, and corporate finance advisory services, serving personal, SME, and institutional customers across Iceland.
- Company typePublic
- Founded-
- HeadquartersReykjavík, Iceland
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What Landsbankinn hf. does
Landsbankinn hf. is a publicly listed Icelandic universal bank (Reg. No. 471008-0280, Swift/BIC: NBIIISRE) headquartered at Reykjastr\u00e6ti 6, 101 Reykjav\u00edk, with shares traded on Nasdaq Iceland. The bank serves both retail and corporate customers in Iceland through a hybrid distribution model comprising a physical branch and ATM network, a contact center (+354 410 4000), a mobile app, and dedicated personal and corporate online banking platforms with digital onboarding reportedly completed within minutes. Its product suite spans mortgages (up to 80% LTV, up to 8-year terms), vehicle loans, savings, credit cards, corporate banking, and capital markets services, supported by the Vild rewards program and the Aukakr\u00f3nur merchant loyalty points system.
The bank generates revenue primarily through net interest income on lending products, fee and commission income from payment cards and account services, and professional services income from its Corporate Finance advisory business. Corporate Finance is actively engaged in the Icelandic deal market, with 2026 mandates including advisory to Blue Lagoon hf. on its acquisition of Arctic Adventures hf., management of the Styrk\u00e1s hf. listing on Nasdaq Iceland Main Market, and advisory on a ISK 3.4 billion convertible bond offering for Coripharma. Marketing and customer communications run through a broad social media footprint (Facebook, X, YouTube, LinkedIn, Instagram, TikTok) and The Forum, a monthly content platform covering Icelandic economic affairs.
Financially, Landsbankinn reported H1 2026 net after-tax profit of ISK 22.1 billion (vs. ISK 18.3 billion in H1 2025), Q2 2026 profit of ISK 11 billion, and ROE of 13.4% (vs. 11.5% prior year), reflecting improved profitability within its single-country footprint. The bank operates exclusively in Iceland and is one of three major universal banks in that market.
Landsbankinn hf. firmographics
Firmographics- Name
- Landsbankinn hf.
- Legal name
- Landsbankinn hf.
- Website
- https://landsbankinn.com
- Company type
- Public
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Landsbankinn hf. is a publicly listed Icelandic universal bank offering retail and corporate banking products, digital channels, and corporate finance advisory services, serving personal, SME, and institutional customers across Iceland.
- Ownership category
- akta.pro rank
Where Landsbankinn hf. is headquartered
LocationHeadquarters
- HQ city
- Reykjavík
- HQ country
- Iceland
- HQ region
- Europe
Offices1 record
Markets served
Landsbankinn hf. business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Net Interest Income: Traditional banking revenue from interest spread on lending products including mortgages (up to 80% financing, up to 8-year terms) and vehicle loans
- Fee and Commission Income: Fees from payment cards (credit cards), account services, and corporate finance advisory services
- Corporate Finance Advisory: Revenue from acting as advisor on acquisitions, listings, and bond offerings for corporate clients
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Monthly | Standard banking products with rates available upon application |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels4 records
Landsbankinn hf. product offering
Product offeringCore offering
Landsbankinn hf. is an Icelandic universal bank that provides a full range of financial products and services to both personal and corporate customers. Its personal banking line includes mortgages, vehicle loans, savings accounts, and credit cards, supported by online banking and a mobile app. Its corporate banking line includes corporate finance advisory, investor services, and financial institutions services.
Product overview
Landsbankinn hf. operates as a universal bank offering a unified platform of banking products and services for both personal and corporate customers. The personal banking suite includes mortgages (Íbúðalán), vehicle loans (Bílalán), savings accounts (Sparnaður), and credit cards (Kreditkort), supported by digital channels including the Mobile App and Online Banking for Individuals. Corporate services encompass Corporate Banking, Corporate Online Banking, Corporate Finance advisory, Investor Service, and Financial Institutions Services. Customer engagement is driven through two loyalty programs: Vild (rewards) and Aukakrónur (points system redeemable at partner merchants). The bank also provides Electronic Solutions including authentication methods and access authorization for secure digital banking.
Differentiator
Problem solved
Functional benefit
Brands
- Vild: Rewards program for customers offering points and benefits
- Aukakrónur
Products and services
- Personal Banking Services
Quantifiable outcome
- Return on equity increased from 11.5% to 13.4% year-over-year
Companies that use Landsbankinn hf.
Customer profileNamed customers4 records
Segments2 records
Ideal customer profiles2 records
Landsbankinn hf. technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Landsbankinn hf. partnerships and signals
Strategic signalScale indicators2 records
Recent moves5 records
Expansion highlights4 records
Landsbankinn hf. competitors and assessment
Company assessmentBroad incumbents
- Swedbank: Large Nordic universal bank with retail and corporate banking across the Baltic and Scandinavian markets. Comparable business model, although much larger and more geographically diversified than Landsbankinn.
- Handelsbanken: Swedish universal bank with a strong relationship-banking model across the Nordics, the UK, and the Netherlands. Comparable in offering universal banking services with a relationship-driven approach, like Landsbankinn's corporate model.
- SEB: Swedish-headquartered universal bank serving corporate and retail customers across the Nordics. Comparable universal banking franchise with emphasis on corporate advisory and capital markets, similar to Landsbankinn's corporate finance arm.
- Danske Bank: Major pan-Nordic universal bank with retail, corporate, and capital markets services. Comparable universal bank model to Landsbankinn, but at scale across Denmark, Finland, Norway, Sweden, and beyond.
- Nordea: Largest Nordic universal bank with retail, corporate, and capital markets across the Nordics. Operates broadly in the same banking category as Landsbankinn but at vastly larger scale and across multiple countries.
- DNB: Norway's largest financial services group, providing universal banking, capital markets, and asset management. Comparable in business model and Nordic operating context, though far larger in scale.
Direct peers
- Íslandsbanki: The third major Icelandic universal bank, also listed on Nasdaq Iceland, providing retail banking, corporate banking, and wealth management. Competes directly with Landsbankinn across nearly identical product lines and customer segments.
- Arion Banki: One of Iceland's three major universal banks, offering retail and corporate banking, capital markets, and asset management. Direct head-to-head competitor with Landsbankinn in loans, deposits, and corporate finance advisory in Iceland.
- Kvika banki: Icelandic bank with retail and corporate banking plus investment banking and asset management. Smaller in scale than Landsbankinn but competes in the same Icelandic market, particularly in capital markets and corporate advisory.
Regional players
- Sparisjóður (Icelandic savings banks): Smaller Icelandic savings and loan association serving similar retail and SMB customers in Iceland. A regional competitor operating in the same territory but with a smaller, more local footprint than Landsbankinn.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks4 records
Key highlights6 records
Customer concentration
Landsbankinn hf. social profiles
Digital presenceLandsbankinn hf. financial estimates
Financial estimateRevenue estimate
Valuation estimate
Landsbankinn hf. leadership team
Management profileNumber of profiles
Landsbankinn hf. funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Landsbankinn hf. M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Landsbankinn hf.
What does Landsbankinn hf. do?
Landsbankinn hf. is an Icelandic universal bank that provides a full range of financial products and services to both personal and corporate customers. Its personal banking line includes mortgages, vehicle loans, savings accounts, and credit cards, supported by online banking and a mobile app. Its corporate banking line includes corporate finance advisory, investor services, and financial institutions services.
Is Landsbankinn hf. a public or private company?
Landsbankinn hf. is a public company. It is classified as public and is currently operating.
When was Landsbankinn hf. founded?
Landsbankinn hf. was founded in -1. It employs 11 to 50 people.
Where is Landsbankinn hf. based?
Landsbankinn hf. is headquartered in Reykjavík, Iceland, in the Europe region.
How does Landsbankinn hf. make money?
Three revenue lines are on record. Net Interest Income is the primary driver. The others are fee and Commission Income and corporate Finance Advisory.
Who are Landsbankinn hf.'s main competitors?
Broad incumbents on record are Swedbank, Handelsbanken, SEB, Danske Bank, Nordea and DNB. Direct peers are Íslandsbanki, Arion Banki and Kvika banki. Sparisjóður (Icelandic savings banks) is listed as a regional player.
Does Landsbankinn hf. have an API?
No public API is recorded for Landsbankinn hf..