Halyk Bank of Kazakhstan Third Quarter 2024 Earnings: EPS: ₸953 (vs ₸632 in 3Q 2023)

Halyk Bank of Kazakhstan (LON:HSBK) Third Quarter 2024 Results

Key Financial Results

• Revenue: ₸371.6b (up 29% from 3Q 2023).
• Net income: ₸259.7b (up 51% from 3Q 2023).
• Profit margin: 70% (up from 60% in 3Q 2023). The increase in margin was primarily driven by higher revenue.
• EPS: ₸953 (up from ₸632 in 3Q 2023).

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

Halyk Bank of Kazakhstan Earnings Insights

Looking ahead, revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Banks industry in the United Kingdom.

Performance of the British Banks industry.

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

Risk Analysis

We don't want to rain on the parade too much, but we did also find 1 warning sign for Halyk Bank of Kazakhstan that you need to be mindful of.

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