Optima bank Third Quarter 2024 Earnings: EPS: €0.53 (vs €0.53 in 3Q 2023)

Optima bank (ATH:OPTIMA) Third Quarter 2024 Results

Key Financial Results

• Revenue: €63.0m (up 31% from 3Q 2023).
• Net income: €39.2m (up 40% from 3Q 2023).
• Profit margin: 62% (up from 58% in 3Q 2023). The increase in margin was driven by higher revenue.
• EPS: €0.53.

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

Optima bank Earnings Insights

Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Banks industry in Greece.

Performance of the Greek Banks industry.

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. See our latest analysis on Optima bank's balance sheet health.

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