Stock Analysis

First Investment Bank AD Second Quarter 2024 Earnings: EPS: лв0.21 (vs лв0.32 in 2Q 2023)

BUL:FIB
Source: Shutterstock

First Investment Bank AD (BUL:FIB) Second Quarter 2024 Results

Key Financial Results

  • Revenue: лв97.1m (down 14% from 2Q 2023).
  • Net income: лв31.3m (down 35% from 2Q 2023).
  • Profit margin: 32% (down from 43% in 2Q 2023).
  • EPS: лв0.21 (down from лв0.32 in 2Q 2023).
earnings-and-revenue-history
BUL:FIB Earnings and Revenue History September 1st 2024

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

First Investment Bank AD shares are down 4.7% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We've done some analysis and you can see our take on First Investment Bank AD's balance sheet.

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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.