
- BCP’s full-year net income increased to β¬906.4 million, marking a 5.9% rise from the previous year.
- Net interest income for the year showed a slight increase, reaching β¬2.83 billion, which surpassed the estimate of β¬2.82 billion.
- The CET1 fully-loaded ratio was reported at 16.3%, slightly above the estimated 16.2%.
- The bank’s CET1 phased-in ratio stood at 16.4%.
- In the fourth quarter, the non-performing loans ratio was noted at 1.4%.
- Stock analyst ratings for BCP include 14 buys, 1 hold, and 1 sell.
A look at Banco Comercial Portugues SA Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 5 | |
| Resilience | 4 | |
| Momentum | 5 | |
| 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 Smartkarma Smart Scores, Banco Comercial Portugues SA has a positive long-term outlook. With a high Growth score of 5, the company is positioned for strong expansion and development in the future. Coupled with a Momentum score of 5, which indicates the company’s ability to maintain and potentially accelerate its positive performance, Banco Comercial Portugues SA seems to be on a trajectory for growth and success.
Furthermore, Banco Comercial Portugues SA demonstrates resilience with a score of 4, suggesting that the company can withstand challenges and economic fluctuations. While the Value and Dividend scores are not as high, indicating some room for improvement in these areas, the overall outlook for Banco Comercial Portugues SA appears promising, especially considering its widespread operations in Europe, the Americas, Africa, and China.
Summary of the description of the company: Banco Comercial Portugues, S.A. (BCP) attracts deposits and offers commercial and investment banking services. The Bank offers consumer loans, factoring, lease financing, mortgages, insurance, securities brokerage, investment funds, and credit cards. BCP operates offices in Europe, the Americas, Africa, and China.
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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