Reported Q: Q2 2024 Rev YoY: -23.1% EPS YoY: -5.3% Move: +0.49%
Hypothekarbank Lenzburg
0QLK.L
CHF4 080.00 0.49%
Exchange LSE Sector Financial Services Industry Banks Regional
Q2 2024
Published: Jun 30, 2024

Company Status Snapshot

Fast view of the latest quarter outcome for 0QLK.L

Reported

Report Date

Jun 30, 2024

Quarter Q2 2024

Revenue

50.03M

YoY: -23.1%

EPS

126.96

YoY: -5.3%

Market Move

+0.49%

Previous quarter: Q1 2024

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Earnings Highlights

  • Revenue of $50.03M down 23.1% year-over-year
  • EPS of $126.96 decreased by 5.3% from previous year
  • Gross margin of 159.4%
  • Net income of 9.12M
  • "N/A" - N/A
0QLK.L
Company 0QLK.L

Executive Summary

Hypothekarbank Lenzburg AG delivered a profitable QQ2 2024 quarter with net income of CHF 9.12 million on reported revenue of CHF 50.03 million, translating to a net margin of approximately 18.2% and an operating margin near 24.97%. Revenue declined YoY by 23.1% but showed a robust QoQ reacceleration of 100.0%, underscoring seasonality and the potential mix effects within Swiss regional banking. The balance sheet remains highly liquid and well capitalized, with cash and cash equivalents of CHF 846.0 million and total assets of CHF 7.047 billion, supporting ongoing operations and potential strategic initiatives. Despite a high dividend payout (Payout Ratio ~90.9% and a dividend yield of ~2.91%), the bank maintains a solid common equity base (CHF 531.5 million) and a favorable liquidity profile (cash ratio ~28.28%).

Key Performance Indicators

Revenue
Decreasing
50.03M
QoQ: 100.00% | YoY: -23.10%
Gross Profit
Increasing
79.77M
1.59% margin
QoQ: 218.86% | YoY: 22.60%
Operating Income
Increasing
12.49M
QoQ: 140.30% | YoY: 4.24%
Net Income
Decreasing
9.12M
QoQ: 100.00% | YoY: -5.46%
EPS
Decreasing
126.96
QoQ: 100.00% | YoY: -5.32%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q2 2025 60.48 109.03 +141.8% View
Q4 2024 77.49 152.79 +156.7% View
Q2 2024 50.03 126.96 -23.1% View
Q1 2024 25.02 63.48 -1.3% View