MONETA Money Bank Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags

MONETA Money Bank (SEP:MONET) Third Quarter 2024 Results

Key Financial Results

• Revenue: Kč3.13b (up 3.1% from 3Q 2023).
• Net income: Kč1.53b (up 2.5% from 3Q 2023).
• Profit margin: 49% (in line with 3Q 2023).
• EPS: Kč3.00 (up from Kč2.92 in 3Q 2023).

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

MONETA Money Bank Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) missed analyst estimates by 9.7%.

Looking ahead, revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Banks industry in Europe.

Performance of the market in Czech Republic.

The company's shares are up 8.8% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 1 warning sign for MONETA Money Bank that you should be aware of.

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