Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
An announcement from Renta 4 Banco, S.A. ( (ES:R4) ) is now available.
Renta 4 Banco reported a substantial increase in its net profit for the year 2024, achieving a growth of 23% compared to the previous year, with a net profit of 32.1 million euros. The bank’s performance was bolstered by a high CET1 Fully Loaded capital ratio of 17.06% and a return on equity of 21.66%, outperforming sector averages. The bank’s successful year was marked by significant growth in customer assets and an increase in the number of clients, indicating strong market positioning and operational success. The Latin American subsidiaries also contributed positively, maintaining satisfactory commercial activity.
More about Renta 4 Banco, S.A.
Renta 4 Banco, S.A. operates in the financial services industry, focusing on banking and investment services. The company is engaged in providing a range of financial solutions, including asset management and brokerage services, with a significant presence in both domestic and international markets, particularly in Latin America.
YTD Price Performance: 2.52%
Average Trading Volume: 139
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €515.9M
For an in-depth examination of R4 stock, go to TipRanks’ Stock Analysis page.
