Banca Popolare di Sondrio Second Quarter 2024 Earnings: EPS: €0.26 (vs €0.25 in 2Q 2023)

Banca Popolare di Sondrio (BIT:BPSO) Second Quarter 2024 Results

Key Financial Results

• Revenue: €340.6m (up 6.6% from 2Q 2023).
• Net income: €118.3m (up 5.0% from 2Q 2023).
• Profit margin: 35% (in line with 2Q 2023).
• EPS: €0.26 (up from €0.25 in 2Q 2023).

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

Banca Popolare di Sondrio Earnings Insights

Looking ahead, revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 1.2% growth forecast for the Banks industry in Italy.

Performance of the Italian Banks industry.

The company's shares are down 6.8% from a week ago.

Risk Analysis

We should say that we've discovered 2 warning signs for Banca Popolare di Sondrio (1 shouldn't be ignored!) that you should be aware of before investing here.

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