Stock Analysis
BPER Banca First Quarter 2024 Earnings: EPS: €0.32 (vs €0.21 in 1Q 2023)
BPER Banca (BIT:BPE) First Quarter 2024 Results
Key Financial Results
- Revenue: €1.28b (up 12% from 1Q 2023).
- Net income: €457.3m (up 57% from 1Q 2023).
- Profit margin: 36% (up from 25% in 1Q 2023). The increase in margin was primarily driven by higher revenue.
- EPS: €0.32 (up from €0.21 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
BPER Banca Earnings Insights
Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 1.4% growth forecast for the Banks industry in Italy.
Performance of the Italian Banks industry.
The company's shares are up 2.7% from a week ago.
Risk Analysis
Before you take the next step you should know about the 2 warning signs for BPER Banca (1 can't be ignored!) that we have uncovered.
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About BIT:BPE
BPER Banca
Provides banking products and services for individuals, and businesses and professionals in Italy and internationally.
Very undervalued with adequate balance sheet and pays a dividend.