WBAG:BKS

Stock Analysis Report

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Executive Summary

BKS Bank AG, together with its subsidiaries, provides various banking products and services.

Rewards

Trading at 21.2% below our estimate of its fair value

Risk Analysis

No risks detected for BKS from our risk checks.


Snowflake Analysis

Undervalued with adequate balance sheet.

Share Price & News

How has BKS Bank's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BKS has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-2.2%

BKS

2.7%

AT Banks

1.9%

AT Market


1 Year Return

-20.6%

BKS

-25.4%

AT Banks

-21.3%

AT Market

Return vs Industry: BKS exceeded the Austrian Banks industry which returned -25.4% over the past year.

Return vs Market: BKS matched the Austrian Market which returned -21.3% over the past year.


Shareholder returns

BKSIndustryMarket
7 Day-2.2%2.7%1.9%
30 Day-5.8%0.9%-1.6%
90 Day9.2%28.4%13.3%
1 Year-20.6%-20.6%-25.4%-25.4%-20.4%-21.3%
3 Year-24.3%-26.6%-23.4%-28.2%-14.4%-20.8%
5 Year-18.1%-23.2%14.7%3.9%18.7%3.9%

Price Volatility Vs. Market

How volatile is BKS Bank's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is BKS Bank undervalued compared to its fair value and its price relative to the market?

21.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BKS (€13.1) is trading below our estimate of fair value (€16.63)

Significantly Below Fair Value: BKS is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: BKS is good value based on its PE Ratio (7.4x) compared to the Banks industry average (7.5x).

PE vs Market: BKS is good value based on its PE Ratio (7.4x) compared to the Austrian market (10.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate BKS's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: BKS is good value based on its PB Ratio (0.4x) compared to the AT Banks industry average (0.6x).


Next Steps

Future Growth

How is BKS Bank forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

25.6%

Forecasted Banks industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as BKS Bank has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has BKS Bank performed over the past 5 years?

12.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BKS has high quality earnings.

Growing Profit Margin: BKS's current net profit margins (35.1%) are lower than last year (36.9%).


Past Earnings Growth Analysis

Earnings Trend: BKS's earnings have grown by 12% per year over the past 5 years.

Accelerating Growth: BKS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: BKS had negative earnings growth (-5.5%) over the past year, making it difficult to compare to the Banks industry average (-6.7%).


Return on Equity

High ROE: BKS's Return on Equity (6%) is considered low.


Next Steps

Financial Health

How is BKS Bank's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: BKS's Assets to Equity ratio (7.1x) is low.

Allowance for Bad Loans: BKS has a low allowance for bad loans (53%).

Low Risk Liabilities: 75% of BKS's liabilities are made up of primarily low risk sources of funding.

Loan Level: BKS has an appropriate level of Loans to Assets ratio (68%).

Low Risk Deposits: BKS's Loans to Deposits ratio (106%) is appropriate.

Level of Bad Loans: BKS has a high level of bad loans (2.7%).


Next Steps

Dividend

What is BKS Bank current dividend yield, its reliability and sustainability?

0.92%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BKS's dividend (0.92%) isn’t notable compared to the bottom 25% of dividend payers in the Austrian market (1.61%).

High Dividend: BKS's dividend (0.92%) is low compared to the top 25% of dividend payers in the Austrian market (5.11%).


Stability and Growth of Payments

Stable Dividend: BKS is not paying a notable dividend for the Austrian market, therefore no need to check if payments are stable.

Growing Dividend: BKS is not paying a notable dividend for the Austrian market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: BKS is not paying a notable dividend for the Austrian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BKS's dividend in 3 years as they are not forecast to pay a notable one for the Austrian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.1yrs

Average management tenure


CEO

Herta Stockbauer (60yo)

6.33yrs

Tenure

€761,000

Compensation

Mag. Dr. Herta Stockbauer has been Chairwoman of Supervisory Board at Oberbank AG since May 18, 2016. Mag. Dr. Stockbauer is responsible for international business, treasury operations, credit risk managem ...


Leadership Team

NamePositionTenureCompensationOwnership
Herta Stockbauer
Chairwoman of the Management Board6.33yrs€761.00kno data
Dieter Kraßnitzer
Member of the Management Board9.83yrs€455.00kno data
Alexander Novak
Member of Management Board1.83yrs€274.00kno data
Ronald Hassler
Head of Finance & Investment0.58yrno datano data
Klaus Patterer
Head of Operationsno datano datano data
Hubert Cuder
Head of Controlling & Accounting Departmentno datano datano data
Herbert Titze
Head of Investor Relationsno datano datano data
Dieter Kohl
Head of Group Legal & Complianceno datano datano data
Viktor König
Head of Salesno datano datano data
Werner Laure
Head of Personnel Managementno datano datano data

4.1yrs

Average Tenure

60yo

Average Age

Experienced Management: BKS's management team is considered experienced (4.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Hermann Bell
Honorary President of Supervisory Board6.17yrs€12.33kno data
Heimo Penker
Independent Supervisory Board Member6.17yrs€30.60kno data
Reinhard Iro
Independent Supervisory Board Member20.25yrs€23.60kno data
Franz Gasselsberger
Independent Member of Supervisory Board18.25yrs€34.45kno data
Herta Pobaschnig
Employee Representative Supervisory Board Member13.08yrs€480.00no data
Christina Fromme-Knoch
Independent Supervisory Board Member8.17yrs€18.60kno data
Maximilian Medwed
Employee Representative Supervisory Board Member8.5yrs€480.00no data
Gerhard Burtscher
Independent Supervisory Board Chairman4.17yrs€42.60kno data
Klaus Wallner
Independent Supervisory Board Member5.17yrs€24.60kno data
Sabine Urnik
Independent Vice Chairman of Supervisory Board0.50yr€24.60kno data

7.2yrs

Average Tenure

58.5yo

Average Age

Experienced Board: BKS's board of directors are considered experienced (7.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

BKS Bank AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: BKS Bank AG
  • Ticker: BKS
  • Exchange: WBAG
  • Founded: 1922
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: €550.758m
  • Shares outstanding: 42.07m
  • Website: https://www.bks.at

Number of Employees


Location

  • BKS Bank AG
  • St. Veiter Ring 43
  • Klagenfurt
  • Carinthia
  • 9020
  • Austria

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BKSWBAG (Wiener Boerse AG)YesCommon StockATEURJan 1992
BKVWBAG (Wiener Boerse AG)Preference StockATEURMay 1993

Biography

BKS Bank AG, together with its subsidiaries, provides various banking products and services. The company operates through Corporate and Business Banking, Retail Banking, and Financial Markets segments. It accepts various deposits products, such as savings, sight, and time deposits; and offers working capital and project finance, lease and export finance, guarantees, and housing and real estate loans, as well as consumer loans. The company also provides advisory, payment, online banking, insurance brokerage, investment options, asset management, custodian, treasury, and international and private banking services, as well as is involved in proprietary trading activity. It operates 63 branches in Austria and internationally. BKS Bank AG was founded in 1922 and is headquartered in Klagenfurt, Austria. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/03 20:56
End of Day Share Price2020/07/03 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.