BAWAG Group Third Quarter 2024 Earnings: EPS: €2.25 (vs €2.25 in 3Q 2023)

BAWAG Group (VIE:BG) Third Quarter 2024 Results

Key Financial Results

• Revenue: €754.7m (up 105% from 3Q 2023).
• Net income: €178.0m (down 4.1% from 3Q 2023).
• Profit margin: 24% (down from 51% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: €2.25 (in line with 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

BAWAG Group Earnings Insights

Looking ahead, revenue is expected to decline by 13% p.a. on average during the next 3 years, while revenues in the Banks industry in Europe are expected to grow by 2.9%.

Performance of the market in Austria.

The company's shares are up 2.0% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 2 warning signs for BAWAG Group that you should be aware of.

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