Earnings Alerts

Bangkok Bank Public (BBL) Earnings: 3Q Net Income Surpasses Estimates at 12.48 Billion Baht

By October 17, 2024 No Comments
  • Bangkok Bank’s net income for the third quarter exceeded expectations.
  • The reported net income was 12.48 billion baht.
  • Analysts had estimated the net income to be 11.44 billion baht.
  • Earnings per share (EPS) also surpassed estimates at 6.54 baht.
  • The forecasted EPS was 6.05 baht.
  • Analyst recommendations include 19 buys, 7 holds, and 2 sells.

A look at Bangkok Bank Public Smart Scores

FactorScoreMagnitude
Value5
Dividend4
Growth4
Resilience4
Momentum5
OVERALL SMART SCORE4.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Bangkok Bank Public shows a promising long-term outlook. With an impressive Value score of 5, the company is considered to be undervalued compared to its peers. This indicates potential for future growth in its stock price. Additionally, Bangkok Bank Public scores well in Dividend, Growth, Resilience, and Momentum, with ratings of 4 or 5 in each category. This solidifies the company’s position as a reliable investment option with strong prospects for the future.

Bangkok Bank Public Company Limited, known for providing a wide range of banking and financial services, including commercial and consumer lending, international trade financing, and investment banking, is well-positioned for continued success. The high scores in Value, Dividend, Growth, Resilience, and Momentum suggest that Bangkok Bank Public is likely to deliver consistent returns to its investors over the long term.


Disclaimer: This article by Smartkarma is general in nature and 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. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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