Patria Bank Third Quarter 2024 Earnings: EPS: RON0.003 (vs RON0.002 in 3Q 2023)

Patria Bank (BVB:PBK) Third Quarter 2024 Results

Key Financial Results

• Revenue: RON59.1m (flat on 3Q 2023).
• Net income: RON11.4m (up 129% from 3Q 2023).
• Profit margin: 19% (up from 8.5% in 3Q 2023).
• EPS: RON0.003 (up from RON0.002 in 3Q 2023).

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

Patria Bank Earnings Insights

Looking ahead, revenue is forecast to grow 6.2% 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 2.9% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 1 warning sign for Patria Bank that you should be aware of.

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