MONETA Money Bank Full Year 2024 Earnings: EPS Misses Expectations

MONETA Money Bank (SEP:MONET) Full Year 2024 Results

Key Financial Results

• Revenue: Kč12.6b (up 9.3% from FY 2023).
• Net income: Kč6.39b (up 19% from FY 2023).
• Profit margin: 51% (up from 47% in FY 2023).
• EPS: Kč12.51 (up from Kč10.53 in FY 2023).

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MONET Banking Performance Indicators

• Net interest margin (NIM): 1.90% (down from 2.10% in FY 2023).
• Cost-to-income ratio: 44.3% (down from 47.2% in FY 2023).
• Non-performing loans: 1.28% (down from 1.44% in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

MONETA Money Bank EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.8%.

The primary driver behind last 12 months revenue was the Retail segment contributing a total revenue of Kč7.72b (61% of total revenue). The largest operating expense was General & Administrative costs, amounting to Kč5.05b (81% of total expenses). Explore how MONET's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Banks industry in Europe.

Performance of the market in Czech Republic.

The company's shares are up 1.8% from a week ago.

Risk Analysis

You still need to take note of risks, for example - MONETA Money Bank has 1 warning sign we think you should be aware of.

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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.