- Handlowy reported a net income of 469.4 million zloty for Q3, exceeding estimates of 457.7 million zloty despite a year-over-year decrease of 14%.
- Net interest income was reported at 516.2 million zloty, which is a 7.3% decrease compared to the previous year but slightly above the estimate of 514 million zloty.
- Net fee and commission income increased by 8.5% year-over-year, amounting to 105.8 million zloty, though it was slightly below the estimated 110.3 million zloty.
- The current stock analyst recommendations for Handlowy include 0 buys, 7 holds, and 1 sell.
A look at Bank Handlowy w Warszawie SA Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 5 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 4.2 |
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 Handlowy w Warszawie SA, a banking institution offering a range of financial services, has received favorable Smart Scores across key factors. With strong scores in Dividend and Resilience, the bank is positioned well for long-term stability and income generation for investors. Additionally, the respectable scores in Value and Growth indicate promising prospects for the company’s future growth potential.
Despite a slightly lower score in Momentum, Bank Handlowy w Warszawie SA‘s overall outlook remains positive, showcasing its ability to withstand market challenges while delivering consistent returns to shareholders. With a solid foundation in place, investors may find confidence in the bank’s ability to navigate changing market conditions and sustain its attractive dividend payouts.
Summary: Bank Handlowy w Warszawie S.A. operates as a bank providing various financial services including deposits, lending, settlements, and capital market activities. It boasts a strong presence with domestic branches, representative offices, and a foreign branch in London.
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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