Declared Dividend • Feb 23
Final dividend of AU$0.44 announced Shareholders will receive a dividend of AU$0.44. Ex-date: 26th February 2026 Payment date: 27th March 2026 Dividend yield will be 7.2%, which is higher than the industry average of 5.1%. Sustainability & Growth The dividend has increased by an average of 19% per year over the past 5 years. However, payments have been volatile during that time. Earnings per share has grown by 7.8% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 21
Full year 2025 earnings released: EPS: K2.51 (vs K2.22 in FY 2024) Full year 2025 results: EPS: K2.51 (up from K2.22 in FY 2024). Revenue: K3.29b (up 11% from FY 2024). Net income: K1.17b (up 13% from FY 2024). Profit margin: 36% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 06
BSP Financial Group Limited to Report Fiscal Year 2025 Results on Feb 20, 2026 BSP Financial Group Limited announced that they will report fiscal year 2025 results on Feb 20, 2026 Valuation Update With 7 Day Price Move • Sep 10
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to AU$6.82, the stock trades at a trailing P/E ratio of 7.9x. Average trailing P/E is 15x in the Banks industry in Australia. Total returns to shareholders of 88% over the past three years. Declared Dividend • Aug 25
First half dividend of AU$0.36 announced Shareholders will receive a dividend of AU$0.36. Ex-date: 27th August 2025 Payment date: 19th September 2025 Dividend yield will be 9.3%, which is higher than the industry average of 5.1%. Sustainability & Growth The dividend has increased by an average of 21% per year over the past 4 years. However, payments have been volatile during that time. Earnings per share has grown by 5.4% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 23
First half 2025 earnings released: EPS: K1.23 (vs K1.12 in 1H 2024) First half 2025 results: EPS: K1.23 (up from K1.12 in 1H 2024). Revenue: K1.54b (up 12% from 1H 2024). Net income: K572.0m (up 9.8% from 1H 2024). Profit margin: 37% (in line with 1H 2024). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. Announcement • Aug 22
BSP Financial Group Limited Announces Estimated Unfranked Ordinary Dividend for the Six Months Ended June 30, 2025, Payable on September 19, 2025 BSP Financial Group Limited Announced Estimated Unfranked Ordinary Dividend OF PGK 0.50000000 per share for the Six Months Ended June 30, 2025, Payable on September 19, 2025, Record Date; August 28, 2025, Ex Date; August 28, 2025. Announcement • Aug 08
BSP Financial Group Limited to Report First Half, 2025 Results on Aug 22, 2025 BSP Financial Group Limited announced that they will report first half, 2025 results on Aug 22, 2025 Buy Or Sell Opportunity • May 05
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 4.5% to AU$7.68. The fair value is estimated to be AU$6.39, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.5% over the last 3 years, while earnings per share has been flat. Announcement • Apr 24
BSP Financial Group Limited, Annual General Meeting, May 23, 2025 BSP Financial Group Limited, Annual General Meeting, May 23, 2025. Location: banquet halls 1 and 2, hilton hotel, wards road, hohola, port moresby, ncd, papua new guinea, Papua New Guinea Buy Or Sell Opportunity • Mar 13
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 13% to AU$7.42. The fair value is estimated to be AU$6.17, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.5% over the last 3 years, while earnings per share has been flat. Board Change • Mar 13
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Non-Executive Director Symon Brewis-Weston was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Announcement • Feb 20
BSP Financial Group Limited Announces Board Changes BSP Financial Group Limited announced Retirement of Dr. Matagialofi Lua'iufi as Director of BSP effective 19 February 2025; Retirement of Stuart Davis as Director of BSP effective 19 February 2025; Appointment of Donna Cooper as Director of BSP to fill a casual vacancy; Appointment of David Hornery as Director of BSP to fill a casual vacancy. Dr. Lua'iufi was appointed as a Director in December 2016. She was also the Chair of the Board Remuneration & Nomination Committee until her retirement. Dr Lua'iufi will remain as the Chair of BSP's wholly owned subsidiary BSP Financial Group (Samoa) Ltd. Mr. Davis was appointed as a Director in August 2017. He was also the Chair of the Board Risk Committee and a member of the Board Compliance and Audit Committee until his retirement. Chairman of BSP, Mr. Robert Bradshaw extended his sincere appreciation to both Dr. Lua'iufi and Mr. Davis on behalf of the shareholders and the Board for their many years of dedicated service to BSP. Mr. Bradshaw added Dr. Lua'iufi and Mr. Davis are experienced and committed directors who have contributed enormously to the strategic direction and performance of BSP over the years. Ms. Cooper and Mr. Hornery were appointed to fill the casual vacancies following the retirements of Dr. Matagialofi Lua'iufi and Mr. Stuart Davis as Directors on 19 February 2025.Their appointments are subject to regulatory approvals. Ms. Cooper is a highly experienced financial services leader, with nearly 30 years of diverse international experience in banking, global payments and debt management. Ms. Cooper served as the Chief Executive Officer of TSB Bank Ltd., from 2018 to 2023. She was the CEO of The Warehouse Group Financial Services Companies (2017 to 2018); General Manager NZ for Baycorp Ltd. (2014 to 2017); and held various globally-based positions with American Express International including Vice President, Consumer Card Products, Australia and NZ 2008-2012 and Vice President, Consumer Products, India, 2006 to 2008. Ms. Cooper holds a Bachelor of Business degree from the Auckland University of Technology and a Master of Arts degree from the Rennes School of Business in France. Ms. Cooper was the inaugural chair of the Domestic Banks Group of the New Zealand Banking Association (NZBA), a forum for Bank CEOs to work together on banking sector issues, until 2023. She is also on the Board of SkyCity Entertainment Ltd, New Zealand's largest tourism and entertainment company, where she chairs its People and Culture and Transformation Committees and is a member of its Risk and Compliance Committee. Mr. Hornery is a highly experienced commercial banker, with over 35 years experience working with several of Australia's leading commercial and Investment banks. Mr. Hornery is also an experienced banking entrepreneur, having co-founded the ASX listed Judo Bank in 2016. Previously Mr. Hornery worked at National Australia Bank from 2009 to 2015 with his roles including Executive General Manager, Corporate and Specialised Banking. Mr. Hornery worked for ANZ Banking Group between 1996 and 2007, as Managing Director and then Global Head of Capital Markets from 1996 to 2004, and then as CEO of ANZ Asia. From 1988 to 1996, Mr. Hornery worked in various roles at Macquarie Group with his last role being Global Head of Capital Markets. Mr. Hornery has also been a director and chair on a range of industry bodies and not for profit enterprises, including as Chair of Studio Thi, a not-for -profit urban change specialist that consults to Government and private enterprise in Australia and internationally. Mr. Hornery holds a Bachelor of Economics from the University of Sydney. Mr. Bradshaw welcomed the appointments of Ms. Cooper and Mr. Hornery, stating that the wealth of international financial services experience that they bring will be invaluable for BSP's modernisation and growth. Announcement • Feb 19
BSP Financial Group Limited Announces Final Dividend for the Fiscal Year Ended December 31, 2024, Payable on March 21, 2025 BSP Financial Group Limited announced a final dividend payment for the fiscal year ended December 31, 2024 of PKG 1.21 per ordinary share, payable on 21 March 2025. For ASX shareholders eligible to receive BFL dividends in AUD, the applicable exchange rate on the record date will be used. The final dividend together with the interim dividend of PKG 0.45 paid in October 2024, means the total FY24 dividend will be PKG 1.66 per share, which represents a 75% payout ratio, which is consistent with prior years. Timing of the dividend payment is as follows: Ex-date: 24 February 2025; Record date: 25 February 2025; and Payment date: 21 March 2025. Announcement • Feb 11
BSP Financial Group Limited to Report Fiscal Year 2024 Results on Feb 19, 2025 BSP Financial Group Limited announced that they will report fiscal year 2024 results on Feb 19, 2025 Announcement • Jan 30
BSP Financial Group Limited Announces Executive Appointments BSP Financial Group Limited announced the following senior appointments: Mr. Ben Wavell-Smith has been appointed Group Chief Risk Officer. Mr. Wavell-Smith brings over 30 years of international banking experience from ANZ Banking Group, where he held senior roles in Business, Risk, and Compliance. He most recently led the Wholesale Credit Policy, Financial Risk Governance, and Strategic Enablement function. Mr. Wavell-Smith succeeds Mr. Mike Hallinan who retires after a long career with BSP. Mr. Jonathan Harvey has been appointed Group Executive, People & Culture. Mr. Harvey has over 30 years of international experience as an adviser to Boards and Chief Executives on leadership and culture and as a senior Human Resources executive with Barclays Bank and ANZ Banking Group. Mr. Harvey joins BSP from Johnson Partners a leading Board Advisory and Executive Search firm in Australasia where he runs the CEO Succession and Leadership Practice. Previously he was Managing Director and Global Head of Talent and Culture for Barclays, based in London. Mr. Peter Komon has been appointed Head of Retail Branch Operations. In this role, Mr. Komon will be responsible for branch operations and overseeing the transformation of branch operating model, as the company simplify branch operations and enhance the customer experience. Mr. Komon joined BSP in 2012 and has held various senior leadership roles within BSP, including leading Rural Banking, Branch Network, Payments and more recently People & Culture. Ms. Esther Usurup-Harou has been appointed to the newly created role of Head of People and Culture PNG. Ms. Usurup-Harou joins BSP from her current role as Deputy Chief Secretary Operations for the Autonomous Bougainville Government and brings more than 25 years of experience in Human Resources, including senior executive roles with TotalEnergies EPG PNG Ltd. and Origin Energy PNG. Announcement • Jan 21
BSP Financial Group Limited Announces CFO Changes BSP Financial Group Ltd. announced the appointment of Glen Skarott to the position CFO. He is to take over from Maryann Lameko-Vaai, who will now serve as group chief auditor. Skarott is expected to spearhead operations to modernise the firm. Announcement • Oct 18
BSP Financial Group Limited Announces the Change of Company Secretary BSP Financial Group Limited announced the appointment of Ms. Vandhna Devi Narayan as Company Secretary effective 19 October 2024. Ms. Narayan is an experienced legal practitioner, with extensive Compliance and Corporate Governance experience in the Financial Services industry. She holds a Bachelor in Law from Victoria University of New Zealand and a Master in Human Rights Law and Policy from the University of New South Wales. Ms. Narayan is also BFL's Group Chief Compliance Officer. This change is made as Ms. Laurentia Laracy has notified the Board of her resignation as Company Secretary for family reasons. Reported Earnings • Aug 26
Second quarter 2024 earnings released: EPS: K0.66 (vs K0.45 in 2Q 2023) Second quarter 2024 results: EPS: K0.66 (up from K0.45 in 2Q 2023). Revenue: K704.1m (up 21% from 2Q 2023). Net income: K306.5m (up 47% from 2Q 2023). Profit margin: 44% (up from 36% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Announcement • Aug 22
BSP Financial Group Limited Announces Estimated Unfranked Interim Ordinary Dividend for the Six Months Ended June 30, 2024, Payable on 20 September 2024 BSP Financial Group Limited announced estimated unfranked interim ordinary dividend of 45 toea per security or PGK 0.45000000 per security for the six months ended June 30, 2024. Record date is 28 August 2024. Date payable on 20 September 2024. Ex date is August 27, 2024. Buy Or Sell Opportunity • Jul 09
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 16% to AU$6.75. The fair value is estimated to be AU$5.52, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.4% over the last 3 years. Earnings per share has grown by 5.9%. Announcement • May 15
BSP Financial Group Limited Announces Board Changes BSP Financial Group Limited's Chairman, Robert Bradshaw announced the appointment of Stephen Charles Beach as a Director of BSP. Mr. Beach was appointed to fill the casual vacancy following the retirement of Arthur Sam as a Non- Executive Director in February 2024. Mr. Beach is a highly experienced accounting professional, with over forty years of experience in the fields of assurance, business advisory, taxation and corporate reporting, including thirty-five years in PNG. Mr. Beach was a PwC partner from 1996 until he resigned from the PNG partnership in 2019. He is now a principal of Beach Accounting Advisory (BAA Consulting Limited), providing tax, advisory and audit services to predominantly family-owned businesses in PNG. He is involved with the Certified Practicing Accountants of PNG, having previously served as a council member for seven years, being a past Vice-President, and chairing both the Standards and the Conference and Continuing Professional Education committees. He has also been a member of the Accounting Standards Board and an alternate member of the Accountants Registration Board. Buy Or Sell Opportunity • May 13
Now 21% overvalued Over the last 90 days, the stock has fallen 4.2% to AU$6.85. The fair value is estimated to be AU$5.65, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.4% over the last 3 years. Earnings per share has grown by 5.9%. Announcement • Apr 19
BSP Financial Group Limited, Annual General Meeting, May 17, 2024 BSP Financial Group Limited, Annual General Meeting, May 17, 2024, at 10:01 E. Australia Standard Time. Location: The Hilton Hotel, Wards Road Hohola, Port Moresby, NCD, Papua New Guinea Australia Agenda: To discuss Annual Report and Financial Statements for the Year Ended 31 December 2023; to consider Remuneration Report for the Year Ended 31 December 2023; to consider Re-Election of Directors;and to discuss other matters. Announcement • Mar 01
BSP Financial Group Limited Announces Executive Changes BSP Financial Group Limited (the Company) announced that Jamie-Lee Loh has resigned as Acting Company Secretary effective 29 February 2024. Pamela Potane has been appointed as Acting Company Secretary, and for the purposes of ASX Listing Rule 12.6 and PNGX Listing Rule 20.10, will be the person responsible for communications between the Company, ASX and PNGX. Ms. Potane holds a Bachelor of Laws from the University of Papua New Guinea and prior to joining the Company, was employed with Corrs Chambers Westgarth in their Port Moresby Office. Declared Dividend • Feb 23
Final dividend of K1.06 announced Shareholders will receive a dividend of K1.06. Ex-date: 27th February 2024 Payment date: 22nd March 2024 Dividend yield will be 17%, which is higher than the industry average of 5.1%. Sustainability & Growth The dividend has increased by an average of 31% per year over the past 3 years and payments have been stable during that time. Earnings per share has grown by 1.1% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 22
Full year 2023 earnings released: EPS: K1.91 (vs K2.32 in FY 2022) Full year 2023 results: EPS: K1.91 (down from K2.32 in FY 2022). Revenue: K2.64b (up 1.2% from FY 2022). Net income: K890.2m (down 18% from FY 2022). Profit margin: 34% (down from 42% in FY 2022). The decrease in margin was driven by higher expenses. Buy Or Sell Opportunity • Feb 13
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 31% to AU$7.15. The fair value is estimated to be AU$5.89, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 12%. Announcement • Sep 25
BSP Financial Group Limited Announces Dividend for the Six Months Ended June 30, 2023, Payable on October 13, 2023 BSP Financial Group Limited announced dividend of PGK 0.37000000 per share for the six months ended June 30, 2023, payable on October 13, 2023. Record Date is September 25, 2023. Ex Date is September 22, 2023. Upcoming Dividend • Sep 15
Upcoming dividend of K0.37 per share at 14% yield Eligible shareholders must have bought the stock before 22 September 2023. Payment date: 13 October 2023. Payout ratio is a comfortable 74% but the company is not cash flow positive. Trailing yield: 14%. Within top quartile of Australian dividend payers (7.0%). Higher than average of industry peers (5.6%). Reported Earnings • Aug 19
First half 2023 earnings released: EPS: K0.91 (vs K0.85 in 1H 2022) First half 2023 results: EPS: K0.91 (up from K0.85 in 1H 2022). Revenue: K1.26b (down 3.4% from 1H 2022). Net income: K427.2m (up 7.8% from 1H 2022). Profit margin: 34% (up from 30% in 1H 2022). The increase in margin was driven by lower expenses. Announcement • Aug 18
BSP Financial Group Limited Estimates Dividend for the Six Months Period Ended June 30, 2023, Payable on October 13, 2023 BSP Financial Group Limited estimated dividend of PGK 0.37000000 per ordinary share for the six months period ended June 30, 2023. Record date is on September 25, 2023 with Ex-date is on September 22, 2023. Payable on October 13, 2023. Announcement • Jul 14
Bsp Financial Group Limited Announces Change of Company Secretary BSP Financial Group Limited announced that Mary Johns has resigned as Company Secretary effective 14 July 2023. Jamie-Lee Loh has been appointed as Acting Company Secretary. Upcoming Dividend • Mar 02
Upcoming dividend of K1.40 per share at 14% yield Eligible shareholders must have bought the stock before 09 March 2023. Payment date: 21 April 2023. Payout ratio is a comfortable 45% but the company is not cash flow positive. Trailing yield: 14%. Within top quartile of Australian dividend payers (7.0%). Higher than average of industry peers (5.2%). Reported Earnings • Feb 22
Full year 2022 earnings released: EPS: K2.31 (vs K2.30 in FY 2021) Full year 2022 results: EPS: K2.31 (up from K2.30 in FY 2021). Revenue: K2.60b (up 7.9% from FY 2021). Net income: K1.08b (flat on FY 2021). Profit margin: 42% (down from 45% in FY 2021). The decrease in margin was driven by higher expenses. Announcement • Nov 29
Bsp Financial Group Limited Announces Executive Changes BSP Financial Group Limited announced that its Chairman Sir Kostas Constantinou OBE advised that further to the market announcement of 3 November 2022 regarding the appointment of Mark T Robinson as Group Chief Executive Officer, Mr. Robinson is expected to take up his position on 1 March 2023. The Board has appointed Ronesh Dayal, Group Chief Financial Officer as acting Group CEO from the time of Group CEO Robin Fleming's departure on 31 December 2022 until Mr. Robinson arrives in PNG to take up his new role. Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 10 non-independent directors. Director Patricia Taureka-Seruvatu was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Nov 03
BSP Financial Group Limited Announces the Appointment of Mark T. Robinson as Group Chief Executive Officer BSP Financial Group Limited announced the appointment of Mark T. Robinson as Group Chief Executive Officer. Mr. Robinson is a senior financial services executive and globally experienced banking Chief Executive Officer with more than thirty years' experience across developed, developing and emerging markets. Mr. Robinson's previous roles include Chief Executive Officer of Commercial Bank International, Chief Executive Officer of ANZ Banking Group's operations for Southeast Asia and prior, numerous senior executive roles with Citibank, including in India, Russia, Turkey and Hungary. Mr. Robinson's previous roles include Chief Executive Officer of Commercial Bank International, a publicly listed bank based in the United Arab Emirates, Chief Executive Officer of ANZ Banking Group's operations for Southeast Asia and prior, numerous senior executive roles with Citibank, including in India, Russia, Turkey and Hungary. Mr. Robinson's appointment has received the approval of the regulator, the Bank of Papua New Guinea, and his start date will be determined upon receipt of work permit and visa approvals from the authorities in Papua New Guinea. Upcoming Dividend • Sep 16
Upcoming dividend of K0.34 per share Eligible shareholders must have bought the stock before 23 September 2022. Payment date: 14 October 2022. Payout ratio is on the higher end at 77%, and the cash payout ratio is above 100%. Trailing yield: 13%. Within top quartile of Australian dividend payers (6.6%). Higher than average of industry peers (5.0%). Reported Earnings • Aug 18
First half 2022 earnings released: EPS: K0.85 (vs K0.96 in 1H 2021) First half 2022 results: EPS: K0.85 (down from K0.96 in 1H 2021). Revenue: K1.31b (up 21% from 1H 2021). Net income: K396.1m (down 12% from 1H 2021). Profit margin: 30% (down from 42% in 1H 2021). The decrease in margin was driven by higher expenses. Announcement • Aug 17
BSP Financial Group Limited Announces Interim Dividend for 2022, Payable on 14 October 2022 The Board of BSP Financial Group Limited announced the payment of an interim dividend for 2022 of 34 toea per ordinary share, payable on 14 October 2022. For ASX shareholders eligible to receive BFL dividends in AUD, applicable exchange rate on the Record Date will be used for the conversion. The interim dividend of 34 toea per share represents: A gross interim dividend amount of circa PGK 160.5 million (2021: PGK 182.0 million). An interim payout ratio of 40.5% on first half earnings (2021: 40.5%). Ex-date is 23 September 2022. Record date is 26 September 2022. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 10 non-independent directors. Director Patricia Taureka-Seruvatu was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 22
BSP Financial Group Limited, Annual General Meeting, May 20, 2022 BSP Financial Group Limited, Annual General Meeting, May 20, 2022, at 10:30 E. Australia Standard Time. Location: Ballrooms 1 & 2, Level 1, APEC Haus, Port Moresby Papua New Guinea Agenda: To receive, consider Annual Report and Financial Statements for the Year Ended 31st December 2021; to consider Remuneration Report for the Year Ended 31st December 2021; to consider election of auditor; to consider Election of Director and to consider any other business of the day. Announcement • Apr 13
BSP Financial Group Limited Announces Board Changes BSP Financial Group Limited's Board Chairman Sir Kostas Constantinou, OBE announced that Ernest Gangloff has retired as a Director of the company. Mr. Gangloff has served as a Board Member since 2013 and as Chairman of the Board Audit and Compliance Committee since April 2017. Sir Kostas also announced the appointment of Mrs. Patricia Taureka-Seruvatu as a Director of the company. Mrs. Taureka-Seruvatu is a highly experienced lawyer with over 30 years' experience in the legal, superannuation, property, commercial and corporate services industries in PNG. She has previously served as Company Secretary for Nambawan Super Limited from 2001 to 2019 and is currently the Company Secretary and General Counsel at Dirio Gas & Power Company Ltd. She is a member of the Australian Institute of Company Directors and the Papua New Guinea Institute of Directors. Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment improved over the past week After last week's 20% share price gain to AU$5.94, the stock trades at a trailing P/E ratio of 6.6x. Average trailing P/E is 12x in the Banks industry in Australia. Upcoming Dividend • Mar 03
Upcoming dividend of K1.34 per share Eligible shareholders must have bought the stock before 10 March 2022. Payment date: 22 April 2022. Payout ratio and cash payout ratio are on the higher end at 75% and 91% respectively. Trailing yield: 11%. Within top quartile of Australian dividend payers (5.7%). Higher than average of industry peers (4.7%). Reported Earnings • Feb 25
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: K2.30 (up from K1.73 in FY 2020). Revenue: K2.41b (up 24% from FY 2020). Net income: K1.08b (up 33% from FY 2020). Profit margin: 45% (up from 42% in FY 2020). The increase in margin was driven by higher revenue. Non-performing loans: 3.31% (up from 2.92% in FY 2020). Revenue was in line with analyst estimates. Announcement • Feb 24
Bsp Financial Group Limited Announces Ordinary Distribution for the Six Months Ended December 31, 2020, Payable April 22, 2022 BSP Financial Group Limited announced ordinary distribution of PGK 1.34000000 per share for the six months ended December 31, 2020. Ex-date is March 10, 2022. Record date is March 11, 2022. Payment date is April 22, 2022. Reported Earnings • Aug 23
First half 2021 earnings released: EPS K0.96 (vs K0.82 in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: K1.08b (up 14% from 1H 2020). Net income: K449.3m (up 18% from 1H 2020). Profit margin: 42% (up from 41% in 1H 2020). The increase in margin was driven by higher revenue. 
