Bell Financial Group First Half 2024 Earnings: EPS: AU$0.052 (vs AU$0.035 in 1H 2023)

Bell Financial Group (ASX:BFG) First Half 2024 Results

Key Financial Results

• Revenue: AU$126.6m (up 15% from 1H 2023).
• Net income: AU$16.6m (up 50% from 1H 2023).
• Profit margin: 13% (up from 10% in 1H 2023). The increase in margin was driven by higher revenue.
• EPS: AU$0.052 (up from AU$0.035 in 1H 2023).

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

Bell Financial Group Earnings Insights

Looking ahead, revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Capital Markets industry in Australia.

Performance of the Australian Capital Markets industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 1 warning sign for Bell Financial Group that you need to be mindful of.

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