Aktia Pankki Oyj Third Quarter 2024 Earnings: Beats Expectations

Aktia Pankki Oyj (HEL:AKTIA) Third Quarter 2024 Results

Key Financial Results

• Revenue: €74.8m (up 2.7% from 3Q 2023).
• Net income: €24.8m (up 3.3% from 3Q 2023).
• Profit margin: 33% (in line with 3Q 2023).
• EPS: €0.34 (up from €0.33 in 3Q 2023).

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

Aktia Pankki Oyj Revenues and Earnings Beat Expectations

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

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 2.9% growth forecast for the Banks industry in Europe.

Performance of the market in Finland.

The company's shares are down 1.8% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 2 warning signs for Aktia Pankki Oyj (1 is concerning!) that you should be aware of.

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