The brokerage house Wood & Company, based in Prague, kept their BUY recommendation on the shares of Romania\u2019s largest bank by assets, Banca Transilvania (TLV), although they estimated a 14% fall by 14% in the next 12 months.\u00a0<\/p>\n
The dividend yield is expected to remain in the 4%-5% range over the coming three years after the record values of 5.6%-5.7% values in 2022-2023.<\/p>\n
The analysts maintained the target price for TLV shares at RON 6.7 given to the shares of TLV, according to a research report published on the BVB Research platform.<\/p>\n
\u201cOverall, we see the bank\u2019s 1Q24 results as positive. Despite the core pre-provision profit coming in largely in line with our expectations, we view the resilience of the NIM and the strong loan book expansion as constructive,\u201d the report reads.<\/p>\n
The price of TLV shares has risen by approximately 80% y\/y and has a market capitalisation of RON 24.7 billion (EUR 5 billion).<\/p>\n
iulian@romania-insider.com<\/em><\/p>\n (Photo source: Banca Transilvania)<\/em><\/p>","protected":false},"excerpt":{"rendered":" The brokerage house Wood & Company, based in Prague, kept their BUY recommendation on the shares of Romania\u2019s largest bank by assets, Banca Transilvania (TLV), although they estimated a 14% fall by 14% in the next 12 months.\u00a0 The dividend yield is expected to remain in the 4%-5% range over the coming three years after […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-227","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/227","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=227"}],"version-history":[{"count":0,"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/227\/revisions"}],"wp:attachment":[{"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=227"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=227"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=227"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}