BNK Banking Corporation Limited provides various retail banking products and services in Australia. More Details
Excellent balance sheet and fair value.
Share Price & News
How has BNK Banking's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BBC is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: BBC's weekly volatility (8%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: BBC exceeded the Australian Banks industry which returned 65.1% over the past year.
Return vs Market: BBC exceeded the Australian Market which returned 35.4% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is BNK Banking's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StInvestors Who Bought BNK Banking (ASX:BBC) Shares A Year Ago Are Now Up 68%
3 months ago | Simply Wall StBNK Banking Corporation Limited (ASX:BBC) Insiders Have Been Selling
4 months ago | Simply Wall StIf You Like EPS Growth Then Check Out BNK Banking (ASX:BBC) Before It's Too Late
Is BNK Banking undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: BBC (A$0.72) is trading above our estimate of fair value (A$0.48)
Significantly Below Fair Value: BBC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BBC is good value based on its PE Ratio (14.9x) compared to the Australian Banks industry average (15.3x).
PE vs Market: BBC is good value based on its PE Ratio (14.9x) compared to the Australian market (20.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BBC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BBC is good value based on its PB Ratio (0.6x) compared to the AU Banks industry average (0.9x).
How is BNK Banking forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 BNK Banking 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.
How has BNK Banking performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BBC has a high level of non-cash earnings.
Growing Profit Margin: BBC's current net profit margins (12.6%) are lower than last year (16.2%).
Past Earnings Growth Analysis
Earnings Trend: BBC's earnings have grown significantly by 70.5% per year over the past 5 years.
Accelerating Growth: BBC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BBC had negative earnings growth (-24.2%) over the past year, making it difficult to compare to the Banks industry average (-0.7%).
Return on Equity
High ROE: BBC's Return on Equity (3.9%) is considered low.
How is BNK Banking's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: BBC's Assets to Equity ratio (8.3x) is low.
Allowance for Bad Loans: BBC has a sufficient allowance for bad loans (141%).
Low Risk Liabilities: 53% of BBC's liabilities are made up of primarily higher risk sources of funding.
Loan Level: BBC has an appropriate level of Loans to Assets ratio (32%).
Low Risk Deposits: BBC's Loans to Deposits ratio (78%) is appropriate.
Level of Bad Loans: BBC has an appropriate level of bad loans (0.1%).
What is BNK Banking current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BBC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BBC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if BBC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BBC's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BBC's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Brett Alexander Morgan has been Chief Executive Officer of BNK Banking Corporation Ltd. since October 12, 2020. Mr. Morgan served as Chief Operating Officer at InLoop Pty Limited until 2019. Mr. Morgan...
Experienced Management: BBC's management team is considered experienced (2.7 years average tenure).
Experienced Board: BBC's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
BNK Banking Corporation Limited's company bio, employee growth, exchange listings and data sources
- Name: BNK Banking Corporation Limited
- Ticker: BBC
- Exchange: ASX
- Founded: 1982
- Industry: Regional Banks
- Sector: Banks
- Market Cap: AU$70.664m
- Shares outstanding: 95.49m
- Website: https://bnk.com.au
- BNK Banking Corporation Limited
- 191 St George’s Terrace
- Level 14
- Western Australia
BNK Banking Corporation Limited provides various retail banking products and services in Australia. It operates through three segments: Banking, Wholesale Mortgage Management, and Aggregation segments. The...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/13 08:33|
|End of Day Share Price||2021/05/13 00:00|
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.