Stock Analysis
Lesha Bank First Quarter 2024 Earnings: EPS: ر.ق0.026 (vs ر.ق0.019 in 1Q 2023)
Lesha Bank (DSM:QFBQ) First Quarter 2024 Results
Key Financial Results
- Revenue: ر.ق60.4m (up 42% from 1Q 2023).
- Net income: ر.ق29.1m (up 36% from 1Q 2023).
- Profit margin: 48% (down from 50% in 1Q 2023). The decrease in margin was driven by higher expenses.
- EPS: ر.ق0.026 (up from ر.ق0.019 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Lesha Bank's share price is broadly unchanged from a week ago.
Risk Analysis
It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Lesha Bank, and understanding it should be part of your investment process.
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About DSM:QFBQ
Lesha Bank
Lesha Bank LLC, an Islamic bank, provides alternative investment, private banking and wealth management, corporate and institutional banking, and treasury and investment management services to individuals and corporates in Qatar and internationally.
Acceptable track record with worrying balance sheet.