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

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).

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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