Avanza Bank Holding (STO:AZA) Full Year 2024 Results
Key Financial Results
- Revenue: kr4.30b (up 14% from FY 2023).
- Net income: kr2.25b (up 14% from FY 2023).
- Profit margin: 53% (in line with FY 2023).
- EPS: kr14.34 (up from kr12.64 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Avanza Bank Holding Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) also surpassed analyst estimates by 2.0%.
In the last 12 months, the only revenue segment was Commercial Operations contributing kr4.30b. The largest operating expense was General & Administrative costs, amounting to kr1.12b (68% of total expenses). Explore how AZA's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Capital Markets industry in Sweden.
Performance of the Swedish Capital Markets industry.
The company's shares are up 14% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 1 warning sign for Avanza Bank Holding you should be aware of.
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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.
About OM:AZA
Avanza Bank Holding
Offers a range of savings, pension, and mortgages products in Sweden.
Adequate balance sheet average dividend payer.
