ING Bank Slaski Third Quarter 2024 Earnings: EPS: zł8.47 (vs zł8.93 in 3Q 2023)
ING Bank Slaski (WSE:ING) Third Quarter 2024 Results
Key Financial Results
- Revenue: zł2.56b (up 2.0% from 3Q 2023).
- Net income: zł1.10b (down 5.2% from 3Q 2023).
- Profit margin: 43% (down from 46% in 3Q 2023). The decrease in margin was driven by higher expenses.
- EPS: zł8.47 (down from zł8.93 in 3Q 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 3.3% growth forecast for the Banks industry in Poland.
Performance of the Polish Banks industry.
The company's shares are down 3.3% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 1 warning sign for ING Bank Slaski that you should be aware of.
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About WSE:ING
ING Bank Slaski
Together with our subsidiaries, provides various banking products and services for retail clients and businesses in Poland.
Undervalued with proven track record and pays a dividend.