Stock Analysis

Ålandsbanken Abp First Quarter 2024 Earnings: EPS: €0.89 (vs €0.41 in 1Q 2023)

Simply Wall St

April 26, 2024

Ålandsbanken Abp (HEL:ALBAV) First Quarter 2024 Results

Key Financial Results

Revenue: €53.3m (up 18% from 1Q 2023).
Net income: €13.6m (up 119% from 1Q 2023).
Profit margin: 26% (up from 14% in 1Q 2023). The increase in margin was driven by higher revenue.
EPS: €0.89 (up from €0.41 in 1Q 2023).

earnings-and-revenue-history — HLSE:ALBAV Earnings and Revenue History April 26th 2024

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

Ålandsbanken Abp's share price is broadly unchanged 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 have a graphic representation of Ålandsbanken Abp's balance sheet and an in-depth analysis of the company's financial position.

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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.