- MBank’s fourth-quarter net income significantly exceeded estimates, reaching 986 million zloty compared to a loss of 20.3 million zloty in the previous year.
- The fourth-quarter net income estimate was 932.5 million zloty.
- Net interest income for the fourth quarter amounted to 2.51 billion zloty, reflecting a 6.7% increase year-over-year, slightly below the 2.52 billion zloty estimate.
- Net fee and commission income for the fourth quarter reached 497.3 million zloty, marking a 12% increase year-over-year, surpassing the estimate of 497.1 million zloty.
- For the full-year 2024, MBank reported a net income of 2.24 billion zloty, a substantial increase from 24.1 million zloty in the prior year.
- The net interest income for 2024 was 9.59 billion zloty, an 8.1% increase year-over-year.
- Net fee and commission income for 2024 rose by 2.9% year-over-year, reaching 1.97 billion zloty.
- MBank anticipates total revenue in 2025 will surpass PLN11 billion, though slightly lower than in 2024.
- Analyst recommendations include 6 “buy” ratings, 2 “hold” ratings, and no “sell” ratings.
“`
A look at mBank SA Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 1 | |
| Growth | 5 | |
| Resilience | 5 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
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 the Smartkarma Smart Scores, mBank SA shows a positive long-term outlook. With a strong growth score of 5 and resilience score of 5, the company is well-positioned for future expansion and able to weather potential economic challenges. Additionally, mBank SA has a momentum score of 4, indicating positive market momentum that could lead to further growth opportunities. Although the dividend score is lower at 1, the overall outlook for mBank SA remains optimistic.
mBank SA, a provider of commercial banking services, demonstrates a solid foundation for continued success. Offering a range of banking services including corporate, retail, and private banking, mBank is also actively engaged in capital markets through its brokerage arm and provides lease financing services through its leasing subsidiary. With a balanced set of Smartkarma Smart Scores highlighting strengths in growth, resilience, and momentum, mBank SA is poised for a promising future in the banking sector.
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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
