- Handlowy’s third-quarter net income was 544.4 million zloty, which is an 8% decrease compared to the previous year.
- The net income fell short of analysts’ estimates, which were projected at 550.3 million zloty.
- Net interest income was slightly below expectations at 819.2 million zloty, marking a 1% decline year-on-year.
- Analysts had estimated net interest income at 811.1 million zloty, so the actual figure was slightly better than expected.
- Net fee and commission income also saw a decline of 1.1% year-on-year, totaling 141.1 million zloty.
- This figure missed the estimate of 143.5 million zloty.
- Stock recommendations for Handlowy included six buys, one hold, and one sell.
A look at Bank Handlowy w Warszawie SA Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 4.0 |
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
Bank Handlowy w Warszawie SA, a banking institution with a strong position in the market, shows a promising long-term outlook based on the Smartkarma Smart Scores. With high scores in Dividend and Growth, the company is expected to provide good returns to investors over time. Additionally, its favorable scores in Value and Momentum indicate a solid foundation and positive market sentiment towards the bank’s performance. Despite a lower score in Resilience, the overall outlook for Bank Handlowy w Warszawie SA remains optimistic, positioning it as a competitive player in the financial sector.
Bank Handlowy w Warszawie SA operates as a well-established bank offering a range of financial services, including deposits, lending, foreign exchange, and capital market activities. With a strong presence in both domestic and international markets through its branches and representative offices, the bank has a solid reputation and a diverse portfolio. The combination of high scores in Dividend and Growth, along with respectable scores in Value and Momentum, suggests a bright future for Bank Handlowy w Warszawie SA, making it an attractive prospect for investors seeking long-term growth and stability.
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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