Merkur PrivatBank KgaA Reports Third Quarter 2024 Earnings

Merkur PrivatBank KgaA (ETR:MBK) Third Quarter 2024 Results

Key Financial Results

• Revenue: €28.3m (up 7.4% from 3Q 2023).
• Net income: €1.94m (down 32% from 3Q 2023).
• Profit margin: 6.9% (down from 11% in 3Q 2023). The decrease in margin was driven by higher expenses.

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

Merkur PrivatBank KgaA Earnings Insights

Looking ahead, revenue is forecast to grow 3.0% 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 Germany.

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

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of Merkur PrivatBank KgaA's balance sheet and an in-depth analysis of the company's financial position.

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