Banque Saudi Fransi Second Quarter 2024 Earnings: EPS: ر.س0.90 (vs ر.س0.85 in 2Q 2023)
BSF 1050.SA | 30.95 | -0.32% |
Banque Saudi Fransi (TADAWUL:1050) Second Quarter 2024 Results
Key Financial Results
- Revenue: ر.س2.07b (up 7.9% from 2Q 2023).
- Net income: ر.س1.13b (up 11% from 2Q 2023).
- Profit margin: 55% (up from 53% in 2Q 2023). The increase in margin was driven by higher revenue.
- EPS: ر.س0.90 (up from ر.س0.85 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Banque Saudi Fransi Earnings Insights
Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Banks industry in Saudi Arabia.
The company's shares are down 1.4% from a week ago.
Risk Analysis
This article by Simply Wall St is general in nature. We provide commentary 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. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
