BSP Financial Group Limited provides commercial banking and finance services to individual and corporate customers in Papua New Guinea, the Solomon Islands, the Fiji, the Cook Islands, Samoa, Tonga, Vanuatu, Cambodia, and Laos.
BSP Financial Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$5.10|
|52 Week High||AU$5.00|
|52 Week Low||AU$5.65|
|1 Month Change||-5.56%|
|3 Month Change||-3.77%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-1.92%|
Recent News & Updates
|BFL||AU Banks||AU Market|
Return vs Industry: Insufficient data to determine how BFL performed against the Australian Banks industry.
Return vs Market: Insufficient data to determine how BFL performed against the Australian Market.
Stable Share Price: BFL is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: Insufficient data to determine BFL's volatility change over the past year.
About the Company
BSP Financial Group Limited provides commercial banking and finance services to individual and corporate customers in Papua New Guinea, the Solomon Islands, the Fiji, the Cook Islands, Samoa, Tonga, Vanuatu, Cambodia, and Laos. The company’s products and services include transaction, saving, foreign currency, and term deposits; business cheque and solicitor’s trust accounts; personal, home, personal asset, bridging, tailored business, commercial and residential property investment, construction development, and seasonal finance loans; savings and debit cards; SME business loans; overdraft, asset financing, insurance premium funding, prioritized loan processing, safety deposit box, and electronic banking services; and bill pay, payroll, online business banking, and merchant services. It also offers FX payment, foreign currency notes, and tax clearance procedure services; documentary collection, letters of credit, and trade refinance; foreign deposits, accounts, and currency loans; and stock broking, fund management, and life business services.
BSP Financial Group Fundamentals Summary
|BFL fundamental statistics|
Is BFL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|BFL income statement (TTM)|
|Cost of Revenue||K0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||1.87|
|Net Profit Margin||41.97%|
How did BFL perform over the long term?See historical performance and comparison
5.8%Current Dividend Yield
Is BSP Financial Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BFL (A$5.1) is trading below our estimate of fair value (A$18.08)
Significantly Below Fair Value: BFL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BFL is good value based on its PE Ratio (7.2x) compared to the Australian Banks industry average (10.4x).
PE vs Market: BFL is good value based on its PE Ratio (7.2x) compared to the Australian market (19.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BFL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BFL is overvalued based on its PB Ratio (1.9x) compared to the AU Banks industry average (1x).
How is BSP Financial Group 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 BSP Financial Group 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 BSP Financial Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BFL has high quality earnings.
Growing Profit Margin: BFL's current net profit margins (42%) are lower than last year (42%).
Past Earnings Growth Analysis
Earnings Trend: BFL's earnings have grown by 6.5% per year over the past 5 years.
Accelerating Growth: BFL's earnings growth over the past year (4.3%) is below its 5-year average (6.5% per year).
Earnings vs Industry: BFL earnings growth over the past year (4.3%) underperformed the Banks industry 13.7%.
Return on Equity
High ROE: BFL's Return on Equity (25.9%) is considered high.
How is BSP Financial Group'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: BFL's Assets to Equity ratio (8.6x) is low.
Allowance for Bad Loans: BFL has a sufficient allowance for bad loans (162%).
Low Risk Liabilities: 90% of BFL's liabilities are made up of primarily low risk sources of funding.
Loan Level: BFL has an appropriate level of Loans to Assets ratio (46%).
Low Risk Deposits: BFL's Loans to Deposits ratio (58%) is appropriate.
Level of Bad Loans: BFL has a high level of bad loans (3.8%).
What is BSP Financial Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BFL's dividend (5.83%) is higher than the bottom 25% of dividend payers in the Australian market (2.27%).
High Dividend: BFL's dividend (5.83%) is in the top 25% of dividend payers in the Australian market (5.32%)
Stability and Growth of Payments
Stable Dividend: Too early to tell whether BFL's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if BFL's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (77%), BFL's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Robin Gerard Fleming, MBA, MMGT SAFin, CSM has been the Chief Executive Officer of Bank of South Pacific Ltd since April 2013 and served as its Managing Director since April 2013. Mr. Fleming served as...
CEO Compensation Analysis
Compensation vs Market: Robin's total compensation ($USD1.37M) is about average for companies of similar size in the Australian market ($USD1.41M).
Compensation vs Earnings: Robin's compensation has been consistent with company performance over the past year.
Experienced Management: BFL's management team is considered experienced (3.3 years average tenure).
Experienced Board: BFL's board of directors are considered experienced (4.5 years average tenure).
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.
Dilution of Shares: BFL only recently listed within the past 12 months.
BSP Financial Group Limited's employee growth, exchange listings and data sources
- Name: BSP Financial Group Limited
- Ticker: BFL
- Exchange: ASX
- Founded: 1957
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: AU$2.383b
- Shares outstanding: 467.23m
- Website: https://www.bsp.com.pg
Number of Employees
- BSP Financial Group Limited
- Allotment 6 & 7, Section 34
- Klinki Street
- Port Moresby
- Papua New Guinea
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/18 15:10|
|End of Day Share Price||2021/10/18 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.