Avanza Bank Holding AB (CHIX:AZAS) Net Income From Continuing Operations : kr2,360 Mil (TTM As of Mar. 2024)

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What is Avanza Bank Holding AB Net Income From Continuing Operations?

Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. Avanza Bank Holding AB's net income from continuing operations for the three months ended in Mar. 2024 was kr647 Mil. Its net income from continuing operations for the trailing twelve months (TTM) ended in Mar. 2024 was kr2,360 Mil.

Avanza Bank Holding AB Net Income From Continuing Operations Historical Data

The historical data trend for Avanza Bank Holding AB's Net Income From Continuing Operations can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Avanza Bank Holding AB Net Income From Continuing Operations Chart

Avanza Bank Holding AB Annual Data

Trend

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Dec23

Net Income From Continuing Operations

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520.00

1,576.00

2,437.00

1,940.00

2,292.00

Avanza Bank Holding AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Net Income From Continuing Operations	Get a 7-Day Free Trial															579.00	546.00	588.00	579.00	647.00

Avanza Bank Holding AB Net Income From Continuing Operations Calculation

Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. It excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.

Net Income From Continuing Operations for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr2,360 Mil.

Avanza Bank Holding AB (CHIX:AZAS) Business Description

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AZA:Sweden 0NUK:UK

Address

Regeringsgatan 103, Box 1399, Stockholm, SWE, SE-111 93

Website

https://www.avanza.se

Avanza Bank Holding AB is a digital bank that operates in Sweden and serves primarily private customers. The bank emphasizes its online strategy to drive lower costs for its deposit base based on the law of large numbers. Its cost base is centered on a high percentage of fixed costs, primarily personnel costs. The bank does not charge its customers fixed fees or deposit fees. Income is generated when customers carry out transaction themselves, primarily through brokerage fees from securities trading, net interest income from deposits and lending, fund commissions, foreign exchange income, and other income from suppliers of investment products. Over the long term, income growth depends on the bank's ability to grow savings capital.

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