- Net income for Santander Bank Polska in the second quarter of 2024 was 794.9 million zloty, which is a 30% decrease year over year but still above the estimated 713.3 million zloty.
- Net interest income was 3.28 billion zloty, marking a 2.7% increase year over year, although slightly below the estimated 3.39 billion zloty.
- Net fee and commission income came in at 727.5 million zloty, representing a 7.4% increase year over year and precisely aligning with the estimated 727.4 million zloty.
- Analyst recommendations include 4 buys, 4 holds, and 5 sells.
A look at Santander Bank Polska SA Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.8 |
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, Santander Bank Polska SA is projected to have a positive long-term outlook. With high scores in Dividend and Growth factors at 5, the bank demonstrates robust potential for dividend payments and future growth opportunities. Additionally, the Resilience score of 3 indicates a moderate level of stability amidst economic fluctuations, further supporting its overall outlook.
Santander Bank Polska SA operates as a bank in Poland, offering a diverse range of financial services to both businesses and individuals. Providing services such as loans, mortgages, insurance, and investment products, the bank maintains a strong foothold in the Polish market. With solid scores in key Smartkarma factors, Santander Bank Polska SA appears well-positioned for sustained success and growth in the foreseeable future.
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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