Earnings Alerts

Bank Pekao SA (PEO) Earnings: 1Q Net Income Surpasses Expectations with a Strong Performance

  • Pekao’s first-quarter net income reached 1.69 billion zloty, surpassing estimates and marking an 11% increase compared to the previous year.
  • Net interest income amounted to 3.41 billion zloty, which also exceeded expectations and represented an 11% rise year-over-year.
  • The bank’s net fee and commission income was 732 million zloty, up 9.6% from the previous year, outperforming the estimated 707.9 million zloty.
  • Pekao’s net interest margin stood at 4.3%, higher than the estimated 4.09%.
  • Current analyst recommendations include 8 buy ratings and 7 hold ratings, with no sells.

A look at Bank Pekao SA Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth5
Resilience3
Momentum5
OVERALL SMART SCORE4.4

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

Analysts at Smartkarma have rated Bank Pekao SA with high scores across several key factors, indicating a positive long-term outlook for the company. With top marks in Dividend, Growth, and Momentum, the bank is positioned for strong performance in the future. Bank Pekao SA‘s focus on value, demonstrated by a solid score in that category, further solidifies its position as a robust player in the banking sector.

Bank Pekao SA, a leading financial institution providing a range of banking services including mortgages, loans, cards, and investment products, stands out with its impressive scores on various growth and financial stability metrics. Investors may find Bank Pekao SA an attractive choice based on its strong performance in key areas essential for sustainable growth and resilience in the ever-evolving banking industry.


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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