Stock Analysis

Banque Saudi Fransi Third Quarter 2024 Earnings: EPS: ر.س0.90 (vs ر.س0.99 in 3Q 2023)

SASE:1050
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Banque Saudi Fransi (TADAWUL:1050) Third Quarter 2024 Results

Key Financial Results

  • Revenue: ر.س2.14b (flat on 3Q 2023).
  • Net income: ر.س1.08b (down 9.3% from 3Q 2023).
  • Profit margin: 51% (down from 56% in 3Q 2023).
  • EPS: ر.س0.90 (down from ر.س0.99 in 3Q 2023).
earnings-and-revenue-growth
SASE:1050 Earnings and Revenue Growth November 3rd 2024

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

Banque Saudi Fransi Earnings Insights

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Banks industry in Saudi Arabia.

Performance of the Saudi Banks industry.

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

Risk Analysis

You should always think about risks. Case in point, we've spotted 1 warning sign for Banque Saudi Fransi you should be aware of.

Valuation is complex, but we're here to simplify it.

Discover if Banque Saudi Fransi might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

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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.