ING Bank Slaski Second Quarter 2024 Earnings: EPS: zł7.41 (vs zł8.45 in 2Q 2023)

ING Bank Slaski (WSE:ING) Second Quarter 2024 Results

Key Financial Results

• Revenue: zł2.38b (down 2.4% from 2Q 2023).
• Net income: zł964.7m (down 12% from 2Q 2023).
• Profit margin: 41% (down from 45% in 2Q 2023). The decrease in margin was primarily driven by higher expenses.
• EPS: zł7.41 (down from zł8.45 in 2Q 2023).

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

ING Bank Slaski Earnings Insights

Looking ahead, revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Banks industry in Poland.

Performance of the Polish Banks industry.

The company's shares are down 4.3% from a week ago.

Risk Analysis

We should say that we've discovered 1 warning sign for ING Bank Slaski that you should be aware of before investing here.

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