Stock Analysis

ING Bank Slaski Third Quarter 2024 Earnings: EPS: zł8.47 (vs zł8.93 in 3Q 2023)

WSE:ING
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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).
earnings-and-revenue-growth
WSE:ING Earnings and Revenue Growth November 7th 2024

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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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.