Banco Comercial Portugues (GB:0RJN) has released an update.
Banco Comercial Português reported a robust first half of 2024 with net income rising to €485.3 million, a 14.7% increase from the previous year, and core operating profit reaching €1,174.1 million. There was substantial growth in the customer base and mobile user engagement, as well as a significant improvement in capital ratios and liquidity indicators. Additionally, the bank saw a reduction in non-performing assets and a lower cost of risk, evidencing its financial stability and efficient operations.
For further insights into GB:0RJN stock, check out TipRanks’ Stock Analysis page.
