BRD - Groupe Société Générale Third Quarter 2024 Earnings: EPS: RON0.58 (vs RON0.66 in 3Q 2023)
BRD - Groupe Société Générale (BVB:BRD) Third Quarter 2024 Results
Key Financial Results
- Revenue: RON971.2m (down 3.4% from 3Q 2023).
- Net income: RON405.7m (down 12% from 3Q 2023).
- Profit margin: 42% (down from 46% in 3Q 2023). The decrease in margin was primarily driven by higher expenses.
- EPS: RON0.58 (down from RON0.66 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
BRD - Groupe Société Générale Earnings Insights
Looking ahead, revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Banks industry in Europe.
Performance of the market in Romania.
The company's shares are down 2.6% from a week ago.
Risk Analysis
Be aware that BRD - Groupe Société Générale is showing 1 warning sign in our investment analysis that you should know about...
Valuation is complex, but we're here to simplify it.
Discover if BRD - Groupe Société Générale might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
Access Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.
About BVB:BRD
BRD - Groupe Société Générale
Provides a range of banking and financial services to corporates and individuals in Romania.
Excellent balance sheet second-rate dividend payer.