Banca Transilvania Third Quarter 2024 Earnings: EPS: RON1.87 (vs RON0.75 in 3Q 2023)

Banca Transilvania (BVB:TLV) Third Quarter 2024 Results

Key Financial Results

• Revenue: RON2.50b (up 40% from 3Q 2023).
• Net income: RON1.71b (up 149% from 3Q 2023).
• Profit margin: 69% (up from 39% in 3Q 2023). The increase in margin was primarily driven by higher revenue.
• EPS: RON1.87 (up from RON0.75 in 3Q 2023).

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

Banca Transilvania Earnings Insights

Looking ahead, revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Banks industry in Europe.

Performance of the market in Romania.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Banca Transilvania that you should be aware of.

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