- Siauliu Bankas reported a net income of €17.7 million for the first quarter of 2025, which is a 21% decrease compared to the same period last year.
- Net interest income for the bank decreased by 13% year-on-year to €34.4 million.
- Net fee and commission income increased by 17% year-on-year, reaching €7.6 million.
- The bank is continuing its share buyback program under the authorization of the European Central Bank (ECB), with plans to repurchase up to 2.65 million shares.
- An additional request has been submitted to the ECB for authorization to buy back up to 4.5 million additional shares.
- Siauliu Bankas will undergo a rebranding and will be known as Artea starting 5 May 2025.
- Analysts’ ratings for the bank include 3 buy recommendations and 1 hold, with no sell recommendations.
A look at Siauliu Bankas AB Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 4 | |
| 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
Analysts on Smartkarma have given Siauliu Bankas AB positive Smart Scores across various factors, indicating a favorable long-term outlook for the company. With strong scores in Value, Dividend, Resilience, and Momentum, the bank is positioned well in terms of its financial stability, dividend payouts, ability to weather economic downturns, and market momentum.
Siauliu Bankas AB, a commercial bank primarily focused on lending to small and medium-sized businesses, also engages in securities brokerage services, foreign exchange transactions, and provides business loans and mortgages. Backed by the European Bank for Reconstruction and Development as a major shareholder, the bank’s overall positive Smart Scores suggest 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.
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