Van Lanschot Kempen First Quarter 2024 Earnings: EPS: €0.77 (vs €0.49 in 1Q 2023)

Van Lanschot Kempen (AMS:VLK) First Quarter 2024 Results

Key Financial Results

• Revenue: €172.4m (up 12% from 1Q 2023).
• Net income: €32.7m (up 64% from 1Q 2023).
• Profit margin: 19% (up from 13% in 1Q 2023). The increase in margin was driven by higher revenue.
• EPS: €0.77 (up from €0.49 in 1Q 2023).

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

Van Lanschot Kempen Earnings Insights

Looking ahead, revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Capital Markets industry in Europe.

Performance of the market in the Netherlands.

The company's shares are up 8.1% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Van Lanschot Kempen, and understanding these should be part of your investment process.

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