- Net Income for Q2: Pekao reported a net income of 1.60 billion zloty for the second quarter, marking a 13% year-over-year increase, slightly surpassing the estimate of 1.59 billion zloty.
- Net Interest Income for Q2: The bank achieved a net interest income of 3.45 billion zloty, an 18% rise from the previous year, beating the estimated 3.39 billion zloty.
- Net Fee & Commission Income for Q2: Fee and commission income reached 765 million zloty, a 9.8% increase year-over-year, slightly above the projected 757.8 million zloty.
- First Half Net Income: For the first half of the year, Pekao’s net income totaled 3.29 billion zloty, reflecting a 12% increase compared to the previous year.
- Analyst Recommendations: Currently, there are 9 buy ratings, 7 hold ratings, and no sell ratings on Pekao’s stock.
A look at Bank Pekao SA Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 5 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 4.4 |
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
Bank Pekao SA, a financial institution offering a range of banking services, has received an optimistic long-term outlook based on the Smartkarma Smart Scores assessment. With high scores in areas such as Dividend and Growth, the company is well-positioned for future success. The strong performance in Resilience and Momentum further reinforces the positive outlook for the bank. Investors may view Bank Pekao SA as a promising choice for long-term investment given its solid Smart Scores across key factors.
Bank Pekao SA, known for its diverse banking services including mortgages, loans, and investment options, has demonstrated strong fundamentals according to the Smartkarma Smart Scores. The high scores in Value, Dividend, Growth, Resilience, and Momentum highlight the company’s overall health and potential for growth in the long run. Investors seeking a reliable and growing financial institution may find Bank Pekao SA an attractive option based on its favorable Smart Scores evaluation.
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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