Stock Analysis

AIB Group First Half 2024 Earnings: EPS: €0.42 (vs €0.31 in 1H 2023)

Published
ISE:A5G

AIB Group (ISE:A5G) First Half 2024 Results

Key Financial Results

  • Revenue: €2.42b (up 15% from 1H 2023).
  • Net income: €1.08b (up 31% from 1H 2023).
  • Profit margin: 45% (up from 39% in 1H 2023). The increase in margin was driven by higher revenue.
  • EPS: €0.42 (up from €0.31 in 1H 2023).
ISE:A5G Earnings and Revenue Growth August 4th 2024

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

AIB Group Earnings Insights

Looking ahead, revenue is expected to decline by 5.2% p.a. on average during the next 3 years, while revenues in the Banks industry in Europe are expected to grow by 3.0%.

Performance of the market in Ireland.

The company's shares are down 6.0% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for AIB Group you should be aware of, and 1 of them can't be ignored.

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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.