mBank Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag

mBank (WSE:MBK) Full Year 2024 Results

Key Financial Results

• Revenue: zł11.6b (up 16% from FY 2023).
• Net income: zł2.24b (up by zł2.22b from FY 2023).
• Profit margin: 19% (up from 0.2% in FY 2023).
• EPS: zł52.80 (up from zł0.57 in FY 2023).

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

mBank EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 4.3%. Earnings per share (EPS) exceeded analyst estimates by 25%.

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 3.2% growth forecast for the Banks industry in Poland.

Performance of the Polish Banks industry.

The company's shares are up 1.5% from a week ago.

Risk Analysis

Be aware that mBank is showing 1 warning sign in our investment analysis that you should know about...

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