OM:LEABanks
Lea Bank (OM:LEA) Margin Decline Challenges Bullish Growth Narrative Despite Strong Forecasts
Lea Bank (OM:LEA) delivered a 30.2% annual decline in earnings over the past five years, with net profit margins narrowing to 29.6% from last year’s 31.4%. However, consensus sees revenue rising at 15.4% per year, which outpaces the Swedish market’s 3.6%. Earnings growth is also expected to accelerate by 30.75% per year, with the current share price of SEK12.7 trading below an estimated fair value of SEK17.5. Investors are now turning their attention to these robust growth forecasts as the...