Declared Dividend • May 20
Dividend of ৳0.50 announced Dividend of ৳0.50 is the same as last year. Ex-date: 24th May 2026 Payment date: 2nd August 2026 Dividend yield will be 1.8%, which is lower than the industry average of 2.5%. Sustainability & Growth Dividend is not covered by earnings (255% earnings payout ratio). However, it is well covered by cash flows (31% cash payout ratio). The dividend has decreased over the past 66 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 184% to bring the payout ratio under control. However, EPS has declined by 27% over the last 5 years so the company would need to reverse this trend. Announcement • May 05
Express Insurance Limited announces Annual dividend, payable on August 02, 2026 Express Insurance Limited announced Annual dividend of BDT 0.5000 per share payable on August 02, 2026, ex-date on May 24, 2026 and record date on May 21, 2026. Announcement • May 04
Express Insurance Limited, Annual General Meeting, Jul 01, 2026 Express Insurance Limited, Annual General Meeting, Jul 01, 2026, at 11:00 Central Asia Standard Time. Location: hybrid system, Bangladesh Announcement • Oct 22
Express Insurance Limited to Report Q3, 2025 Results on Oct 27, 2025 Express Insurance Limited announced that they will report Q3, 2025 results on Oct 27, 2025 Announcement • Jul 21
Express Insurance Limited to Report Q2, 2025 Results on Jul 28, 2025 Express Insurance Limited announced that they will report Q2, 2025 results on Jul 28, 2025 Announcement • Apr 23
Express Insurance Limited to Report Q1, 2025 Results on Apr 30, 2025 Express Insurance Limited announced that they will report Q1, 2025 results on Apr 30, 2025 Announcement • Oct 24
Express Insurance Limited to Report Q3, 2024 Results on Oct 28, 2024 Express Insurance Limited announced that they will report Q3, 2024 results on Oct 28, 2024 New Risk • Aug 10
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 9.8% Last year net profit margin: 21% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 6.6% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (302% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (9.8% net profit margin). Revenue is less than US$5m (৳155m revenue, or US$1.3m). Market cap is less than US$100m (৳2.87b market cap, or US$24.3m). Announcement • Jul 25
Express Insurance Limited to Report Q2, 2024 Results on Jul 30, 2024 Express Insurance Limited announced that they will report Q2, 2024 results on Jul 30, 2024 Announcement • Jul 10
Express Insurance Limited Elects Mr. Mazakat Harun as Chairman Express Insurance Limited informed that the Board of Directors has elected Mr. Mazakat Harun as Chairman of the company. Valuation Update With 7 Day Price Move • Jun 25
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ৳36.10, the stock trades at a trailing P/E ratio of 65.5x. Average trailing P/E is 18x in the Insurance industry in Bangladesh. Total returns to shareholders of 11% over the past three years. Upcoming Dividend • May 19
Upcoming dividend of ৳0.70 per share Eligible shareholders must have bought the stock before 26 May 2024. Payment date: 31 July 2024. The company is paying out more than 100% of its profits and is paying out 82% of its cash flow. Trailing yield: 2.2%. Lower than top quartile of Bangladeshi dividend payers (4.2%). Lower than average of industry peers (2.9%). New Risk • Apr 24
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Bangladeshi stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (127% payout ratio). Share price has been volatile over the past 3 months (7.1% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (20% net profit margin). Revenue is less than US$5m (৳183m revenue, or US$1.7m). Market cap is less than US$100m (৳2.48b market cap, or US$22.7m). Reported Earnings • Mar 08
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: ৳28.8m (down 26% from 3Q 2022). Net income: ৳19.2m (down 22% from 3Q 2022). Profit margin: 67% (up from 63% in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings. Announcement • Oct 24
Express Insurance Limited to Report Q3, 2023 Results on Oct 30, 2023 Express Insurance Limited announced that they will report Q3, 2023 results on Oct 30, 2023 New Risk • Aug 30
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 21% Last year net profit margin: 32% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (111% payout ratio). Share price has been volatile over the past 3 months (8.0% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (21% net profit margin). Revenue is less than US$5m (৳193m revenue, or US$1.8m). Market cap is less than US$100m (৳1.92b market cap, or US$17.7m). Announcement • Jul 26
Express Insurance Limited to Report Q2, 2023 Results on Jul 30, 2023 Express Insurance Limited announced that they will report Q2, 2023 results at 3:00 PM, Bangladesh Standard Time on Jul 30, 2023 Valuation Update With 7 Day Price Move • Jul 20
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ৳30.00, the stock trades at a trailing P/E ratio of 31.3x. Average trailing P/E is 22x in the Insurance industry in Bangladesh. Total returns to shareholders of 7.1% over the past year. Upcoming Dividend • Jul 18
Upcoming dividend of ৳0.70 per share at 2.6% yield Eligible shareholders must have bought the stock before 25 July 2023. Payment date: 27 September 2023. Trailing yield: 2.6%. Lower than top quartile of Bangladeshi dividend payers (3.4%). In line with average of industry peers (2.5%). New Risk • Jun 23
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Bangladeshi stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (104% payout ratio). Share price has been volatile over the past 3 months (6.9% average weekly change). Large one-off items impacting financial results. Revenue is less than US$5m (৳187m revenue, or US$1.7m). Market cap is less than US$100m (৳1.73b market cap, or US$16.0m). Announcement • Jun 14
Express Insurance Limited Recommends Cash Dividend for the Year Ended December 31, 2022 Express Insurance Limited announced the board of directors has recommended 7% cash dividend for the year ended December 31, 2022. Date of AGM is August 28, 2023. Record Date is July 24, 2023. Valuation Update With 7 Day Price Move • Jun 14
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ৳25.40, the stock trades at a trailing P/E ratio of 26.5x. Average trailing P/E is 19x in the Insurance industry in Bangladesh. Total loss to shareholders of 12% over the past year. Announcement • Jun 07
Express Insurance Limited to Report Fiscal Year 2022 Results on Jun 12, 2023 Express Insurance Limited announced that they will report fiscal year 2022 results on Jun 12, 2023 Valuation Update With 7 Day Price Move • May 17
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ৳28.60, the stock trades at a trailing P/E ratio of 29.9x. Average trailing P/E is 17x in the Insurance industry in Bangladesh. Total returns to shareholders of 16% over the past year. Reported Earnings • Mar 24
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: ৳39.0m (down 14% from 3Q 2021). Net income: ৳32.6m (up 37% from 3Q 2021). Profit margin: 83% (up from 52% in 3Q 2021). Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 11 experienced directors. No highly experienced directors. No independent directors (11 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Oct 18
Express Insurance Limited Announces Cash Dividend for the Year Ended December 31, 2021 Express Insurance Limited has reported disbursement of 10% cash dividend for the year ended December 31, 2021. Upcoming Dividend • Jul 17
Upcoming dividend of ৳1.00 per share Eligible shareholders must have bought the stock before 24 July 2022. Payment date: 02 October 2022. Trailing yield: 3.3%. Lower than top quartile of Bangladeshi dividend payers (3.7%). Higher than average of industry peers (2.7%). Announcement • Jun 17
Express Insurance Limited Recommends Cash Dividend for the Year Ended December 31, 2021 The board of directors of Express Insurance Limited has recommended 10% cash dividend for the year ended December 31, 2021. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 11 experienced directors. No highly experienced directors. No independent directors (11 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Upcoming Dividend • Oct 03
Upcoming dividend of ৳0.20 per share Eligible shareholders must have bought the stock before 10 October 2021. Payment date: 09 January 2022. Trailing yield: 1.9%. Lower than top quartile of Bangladeshi dividend payers (2.5%). Higher than average of industry peers (1.7%). Valuation Update With 7 Day Price Move • Aug 22
Investor sentiment improved over the past week After last week's 19% share price gain to ৳41.60, the stock trades at a trailing P/E ratio of 43.6x. Average trailing P/E is 27x in the Insurance industry in Bangladesh. Total returns to shareholders of 182% over the past year. Valuation Update With 7 Day Price Move • May 25
Investor sentiment improved over the past week After last week's 16% share price gain to ৳39.30, the stock trades at a trailing P/E ratio of 41.2x. Average trailing P/E is 30x in the Insurance industry in Bangladesh. Valuation Update With 7 Day Price Move • Apr 11
Investor sentiment improved over the past week After last week's 22% share price gain to ৳28.00, the stock trades at a trailing P/E ratio of 29.4x. Average trailing P/E is 24x in the Insurance industry in Bangladesh. Is New 90 Day High Low • Feb 04
New 90-day low: ৳26.70 The company is down 25% from its price of ৳35.40 on 05 November 2020. The Bangladeshi market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Insurance industry, which is down 4.0% over the same period. Is New 90 Day High Low • Jan 18
New 90-day low: ৳27.60 The company is down 19% from its price of ৳34.10 on 19 October 2020. The Bangladeshi market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Insurance industry, which is up 5.0% over the same period. Reported Earnings • Nov 27
Third quarter 2020 earnings released: EPS ৳0.41 The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2020 results: Revenue: ৳43.7m (up 87% from 3Q 2019). Net income: ৳27.1m (up 34% from 3Q 2019). Profit margin: 62% (down from 87% in 3Q 2019). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Nov 26
Market bids up stock over the past week After last week's 17% share price gain to ৳33.20, the stock is trading at a trailing P/E ratio of 24x, up from the previous P/E ratio of 20.5x. This compares to an average P/E of 26x in the Insurance industry in Bangladesh. Valuation Update With 7 Day Price Move • Nov 19
Market pulls back on stock over the past week After last week's 16% share price decline to ৳28.30, the stock is trading at a trailing P/E ratio of 42.8x, down from the previous P/E ratio of 50.7x. This compares to an average P/E of 23x in the Insurance industry in Bangladesh. Valuation Update With 7 Day Price Move • Nov 08
Market pulls back on stock over the past week After last week's 18% share price decline to ৳35.40, the stock is trading at a trailing P/E ratio of 53.5x, down from the previous P/E ratio of 65.3x. This compares to an average P/E of 26x in the Insurance industry in Bangladesh. Valuation Update With 7 Day Price Move • Nov 02
Market bids up stock over the past week After last week's 16% share price gain to ৳43.20, the stock is trading at a trailing P/E ratio of 65.3x, up from the previous P/E ratio of 56.3x. This compares to an average P/E of 25x in the Insurance industry in Bangladesh. Valuation Update With 7 Day Price Move • Oct 27
Market bids up stock over the past week After last week's 20% share price gain to ৳40.90, the stock is trading at a trailing P/E ratio of 61.9x, up from the previous P/E ratio of 51.6x. This compares to an average P/E of 26x in the Insurance industry in Bangladesh. Valuation Update With 7 Day Price Move • Oct 21
Market bids up stock over the past week After last week's 23% share price gain to ৳37.50, the stock is trading at a trailing P/E ratio of 56.7x, up from the previous P/E ratio of 46x. This compares to an average P/E of 24x in the Insurance industry in Bangladesh. Announcement • Oct 06
Express Insurance Limited to Report Fiscal Year 2019 Results on Sep 14, 2020 Express Insurance Limited announced that they will report fiscal year 2019 results on Sep 14, 2020