FinecoBank Banca Fineco Full Year 2024 Earnings: EPS: €1.07 (vs €1.00 in FY 2023)

FinecoBank Banca Fineco (BIT:FBK) Full Year 2024 Results

Key Financial Results

• Revenue: €1.31b (up 6.7% from FY 2023).
• Net income: €652.3m (up 7.1% from FY 2023).
• Profit margin: 50% (in line with FY 2023).
• EPS: €1.07 (up from €1.00 in FY 2023).

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FBK Banking Performance Indicators

• Cost-to-income ratio: 25.2% (up from 24.1% in FY 2023).
• Non-performing loans: 0.46% (up from 0.40% in FY 2023).

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

FinecoBank Banca Fineco Earnings Insights

In the last 12 months, the only revenue segment was Banking contributing €1.31b. The largest operating expense was General & Administrative costs, amounting to €309.2m (47% of total expenses). Explore how FBK's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Banks industry in Italy.

Performance of the Italian Banks industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Before we wrap up, we've discovered 1 warning sign for FinecoBank Banca Fineco that you should be aware of.

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