EnTie Commercial Bank Third Quarter 2024 Earnings: EPS: NT$0.23 (vs NT$0.35 in 3Q 2023)

EnTie Commercial Bank (TWSE:2849) Third Quarter 2024 Results

Key Financial Results

• Revenue: NT$1.37b (down 16% from 3Q 2023).
• Net income: NT$453.8m (down 35% from 3Q 2023).
• Profit margin: 33% (down from 43% in 3Q 2023). The decrease in margin was driven by lower revenue.
• EPS: NT$0.23 (down from NT$0.35 in 3Q 2023).

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

EnTie Commercial Bank shares are down 2.7% from a week ago.

Risk Analysis

We should say that we've discovered 2 warning signs for EnTie Commercial Bank (1 is concerning!) that you should be aware of before investing here.

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