Kvika banki Q2 2024 Financial Results

Kvika banki hf. reports Q2 2024 financial results with net interest income increasing 31% year-on-year, driven by 24% loan growth and margin improvement to 3.8%. Profit after tax including TM insurance reached ISK 1,256 million, up 69% year-on-year, with strong commercial banking performance and robust customer deposit growth of 15% year-on-year.