Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna Third Quarter 2024 Earnings: EPS: zł1.97 (vs zł2.23 in 3Q 2023)

Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna (WSE:PKO) Third Quarter 2024 Results

Key Financial Results

• Revenue: zł7.05b (up 19% from 3Q 2023).
• Net income: zł2.46b (down 11% from 3Q 2023).
• Profit margin: 35% (down from 47% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: zł1.97 (down from zł2.23 in 3Q 2023).

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

Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna Earnings Insights

Looking ahead, revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Banks industry in Poland.

Performance of the Polish Banks industry.

The company's shares are up 6.8% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 1 warning sign for Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna that you should be aware of.

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