Banco Comercial Portugues Reports Strong Financial Performance in 2024

The latest update is out from Banco Comercial Portugues ( (GB:0RJN) ).

Banco Comercial Portugues reported a net income of EUR 906.4 million for 2024, marking a 5.9% increase from the previous year. The bank showcased strong capital ratios and liquidity indicators, with a notable growth in customer funds and a reduction in non-performing assets, highlighting its solid financial performance and efficient operations.

More about Banco Comercial Portugues

Banco Comercial Portugues, operating under the brand Millennium bcp, is a prominent financial institution in Portugal, offering a wide range of banking services and products. The company focuses on retail and corporate banking, with a significant presence in Portugal and international markets, including Poland and Mozambique.

YTD Price Performance: 23.91%

Average Trading Volume: 6,373,645

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €8.66B

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