April 19, 2018 4:37 PM ET

Banks

Company Overview of ICA Banken AB

Company Overview

ICA Banken AB operates as a regional bank and offers commercial banking services. The company was founded in 2001 and is based in Solna, Sweden. ICA Banken AB operates as a subsidiary of ICA AB.

Svetsarvägen 16

Solna,  171 41

Sweden

Founded in 2001

Phone:

46 20 83 33 33

Key Executives for ICA Banken AB

Chief Executive Officer
Age: 54
Chief Operating Officer
Chairman of the Board
Age: 54
Chief Executive Officer of ICA Forsakring AB
Age: 57
Compensation as of Fiscal Year 2017.

ICA Banken AB Key Developments

ICA Bank Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2017

ICA Bank reported earnings results for the fourth quarter and full year ended December 31, 2017. For the quarter, the company reported revenue of SEK 259 million compared to SEK 224 million a year ago. Operating profit before depreciation/amortization (EBITDA) was SEK 35 million compared to SEK 6 million a year ago. Operating profit excl. items affecting comparability was SEK 28 million compared to SEK 6 million a year ago. For the full year, the company reported revenue of SEK 965 million compared to SEK 863 million a year ago. Operating profit before depreciation/amortization (EBITDA) was SEK 103 million compared to SEK 74 million a year ago. Operating profit excl. items affecting comparability was SEK 71 million compared to SEK 51 million a year ago. Return on equity was 2.3% against of 2.0% a year ago.

ICA Bank Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2017

ICA Bank reported earnings results for the second quarter and six months ended June 30, 2017. For the quarter, the company reported, revenues of SEK 235 million, operating profit before depreciation/amortization (EBITDA) of SEK 16 million, operating profit excluding non-recurring items of SEK 8 million, compared to revenues of SEK 232 million, operating profit before depreciation/amortization (EBITDA) of SEK 17 million, operating profit excluding non-recurring items of SEK 9 million, for the same period a year ago. For the year to date, the company reported, revenues of SEK 461 million, operating profit before depreciation/amortization (EBITDA) of SEK 31 million, operating profit excluding non-recurring items of SEK 14 million, compared to revenues of SEK 450 million, operating profit before depreciation/amortization (EBITDA) of SEK 39 million, operating profit excluding non-recurring items of SEK 24 million, for the same period a year ago.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
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