Bulgarian-American Credit Bank AD Reports Third Quarter 2024 Earnings

Bulgarian-American Credit Bank AD (BUL:BACB) Third Quarter 2024 Results

Key Financial Results

• Revenue: лв27.6m (flat on 3Q 2023).
• Net income: лв14.4m (down 10% from 3Q 2023).
• Profit margin: 52% (down from 59% in 3Q 2023).

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

Bulgarian-American Credit Bank AD shares are down 5.9% from a week ago.

Risk Analysis

It is worth noting though that we have found 1 warning sign for Bulgarian-American Credit Bank AD that you need to take into consideration.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.