Vestjysk Bank (CPH:VJBA) Second Quarter 2024 Results
Key Financial Results
- Revenue: kr.534.4m (down 7.3% from 2Q 2023).
- Net income: kr.193.3m (down 27% from 2Q 2023).
- Profit margin: 36% (down from 46% in 2Q 2023). The decrease in margin was primarily driven by higher expenses.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Vestjysk Bank's share price is broadly unchanged from a week ago.
Risk Analysis
You should learn about the 1 warning sign we've spotted with Vestjysk Bank.
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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.
About CPSE:VJBA
Vestjysk Bank
Provides various banking products and services for private and business customers in Denmark.
Good value with adequate balance sheet.