Stock Analysis

Bank Handlowy w Warszawie First Quarter 2024 Earnings: EPS: zł3.48 (vs zł4.62 in 1Q 2023)

Simply Wall St

May 11, 2024

Bank Handlowy w Warszawie (WSE:BHW) First Quarter 2024 Results

Key Financial Results

Revenue: zł1.09b (down 11% from 1Q 2023).
Net income: zł454.0m (down 25% from 1Q 2023).
Profit margin: 42% (down from 49% in 1Q 2023). The decrease in margin was primarily driven by lower revenue.
EPS: zł3.48 (down from zł4.62 in 1Q 2023).

earnings-and-revenue-growth — WSE:BHW Earnings and Revenue Growth May 11th 2024

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

Bank Handlowy w Warszawie Earnings Insights

Looking ahead, revenue is expected to decline by 3.1% p.a. on average during the next 3 years, while revenues in the Banks industry in Poland are expected to grow by 4.3%.

Performance of the Polish Banks industry.

The company's shares are down 3.4% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Bank Handlowy w Warszawie has 1 warning sign we think you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.