Earnings Alerts

Bank Pekao SA (PEO) Earnings: Q2 Net Income Falls Short of Estimates

  • Peako’s 2nd quarter net income was 1.42 billion zloty, 19% less than the same period last year and below the estimated 1.57 billion zloty.
  • Net interest income came in at 2.92 billion zloty, representing a 2.1% decrease year-over-year, and missing the expected 3.1 billion zloty.
  • Net fee and commission income amounted to 697.0 million zloty, a 1.3% increase from the previous year, but still falling short of the estimated 710.8 million zloty.
  • Current analyst recommendations include 6 buys, 9 holds, and 2 sells.

A look at Bank Pekao SA Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth5
Resilience3
Momentum3
OVERALL SMART SCORE4.0

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 Pekao S.A. is seen as a strong player in the banking sector with a promising long-term outlook based on the Smartkarma Smart Scores. Key areas such as Dividend and Growth have received top marks of 5, indicating solid performance and potential for expansion. The company’s commitment to providing value also shines through with a respectable score of 4, highlighting its financial stability and attractiveness to investors. However, there are areas like Resilience and Momentum where Bank Pekao could focus on improvement, with scores of 3. Overall, with a solid foundation in place, the bank has the potential for further growth and success in the future.

Bank Pekao S.A. stands out in the banking industry with its diverse range of services, including commercial, retail, and investment banking offerings. The company’s strong emphasis on providing mortgages, loans, cards, and various financial services positions it as a go-to institution for individuals and businesses alike. With a strong focus on value creation, as indicated by the high Value score of 4, Bank Pekao S.A. continues to attract deposits and maintain financial stability. By capitalizing on its strengths in Dividend and Growth, the bank is poised for long-term success, albeit with room for enhancing Resilience and Momentum to further solidify its market position.


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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