Bank Ochrony Srodowiska Second Quarter 2024 Earnings: EPS: zł0.047 (vs zł0.013 loss in 2Q 2023)

Bank Ochrony Srodowiska (WSE:BOS) Second Quarter 2024 Results

Key Financial Results

• Revenue: zł240.7m (down 7.5% from 2Q 2023).
• Net income: zł4.35m (up from zł1.24m loss in 2Q 2023).
• Profit margin: 1.8% (up from net loss in 2Q 2023). The move to profitability was driven by lower expenses.
• EPS: zł0.047 (up from zł0.013 loss in 2Q 2023).

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

Bank Ochrony Srodowiska Earnings Insights

Looking ahead, revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Banks industry in Poland.

Performance of the Polish Banks industry.

The company's shares are down 5.0% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 1 warning sign for Bank Ochrony Srodowiska that you need to be mindful of.

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