ENXTBR:017250539

Stock Analysis Report

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Executive Summary

BNP Paribas Fortis SA provides various financial services in Belgium, Luxembourg, Turkey, and internationally.


Snowflake Analysis

Solid track record with adequate balance sheet.


Similar Companies

Share Price & News

How has BNP Paribas Fortis's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 017250539's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

17250539

4.2%

BE Banks

3.0%

BE Market


1 Year Return

n/a

17250539

-20.2%

BE Banks

-20.1%

BE Market

Return vs Industry: Insufficient data to determine how 017250539 performed against the Belgian Banks industry.

Return vs Market: Insufficient data to determine how 017250539 performed against the Belgian Market.


Shareholder returns

17250539IndustryMarket
7 Day0%4.2%3.0%
30 Day-9.1%-2.4%-1.3%
90 Day-23.7%16.0%13.8%
1 Yearn/a-19.5%-20.2%-18.8%-20.1%
3 Year-22.4%-22.4%-36.3%-42.6%-24.0%-28.6%
5 Yearn/a-27.5%-44.7%-13.1%-22.5%

Price Volatility Vs. Market

How volatile is BNP Paribas Fortis's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is BNP Paribas Fortis undervalued compared to its fair value and its price relative to the market?

5.11x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 017250539 (€20) is trading above our estimate of fair value (€19.32)

Significantly Below Fair Value: 017250539 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 017250539 is good value based on its PE Ratio (5.1x) compared to the XE Banks industry average (9.5x).

PE vs Market: 017250539 is good value based on its PE Ratio (5.1x) compared to the Belgian market (14.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 017250539's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 017250539's PB Ratio (0.5x) is in line with the XE Banks industry average.


Next Steps

Future Growth

How is BNP Paribas Fortis forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

32.9%

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 BNP Paribas Fortis 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 BNP Paribas Fortis performed over the past 5 years?

8.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 017250539 has high quality earnings.

Growing Profit Margin: 017250539's current net profit margins (28.6%) are higher than last year (25.2%).


Past Earnings Growth Analysis

Earnings Trend: 017250539's earnings have grown by 8.2% per year over the past 5 years.

Accelerating Growth: 017250539's earnings growth over the past year (14.5%) exceeds its 5-year average (8.2% per year).

Earnings vs Industry: 017250539 earnings growth over the past year (14.5%) exceeded the Banks industry -4.5%.


Return on Equity

High ROE: 017250539's Return on Equity (9.3%) is considered low.


Next Steps

Financial Health

How is BNP Paribas Fortis'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: 017250539's Assets to Equity ratio (11.1x) is moderate.

Allowance for Bad Loans: 017250539 has a low allowance for bad loans (63%).

Low Risk Liabilities: 70% of 017250539's liabilities are made up of primarily low risk sources of funding.

Loan Level: 017250539 has an appropriate level of Loans to Assets ratio (63%).

Low Risk Deposits: 017250539's Loans to Deposits ratio (100%) is appropriate.

Level of Bad Loans: 017250539 has a high level of bad loans (2.3%).


Next Steps

Dividend

What is BNP Paribas Fortis's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 017250539's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 017250539'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 017250539's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 017250539's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 017250539 is not paying a notable dividend for the Belgian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 017250539's dividend in 3 years as they are not forecast to pay a notable one for the Belgian market.


Next Steps

Management

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

2.6yrs

Average management tenure


CEO

Max Jadot (63 yo)

9.42yrs

Tenure

€47,000

Compensation

Mr. Maxime Jadot, also known as Max, serves as CEO and Chairman of the Executive Board of BNP Paribas Fortis at BNP Paribas since 2018. He served as the Head of BNP Paribas Fortis at BNP Paribas SA until 2 ...


CEO Compensation Analysis

Compensation vs Market: Max's total compensation ($USD55.61K) is below average for companies of similar size in the Belgian market ($USD2.37M).

Compensation vs Earnings: Max's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Maxime Jadot
Chairman of the Executive Board9.42yrs€47.00kno data
Didier Beauvois
Head of Corporate Banking6.17yrs€45.00kno data
Michael Anseeuw
Head of Retail Banking-Belgium2.33yrs€45.00kno data
Stéphane Vermeire
Head of Private Banking & Wealth Management2.33yrs€47.00kno data
Piet Van Aken
Chief Risk Officer4.17yrs€47.00kno data
Daniel Clerck
COO, Member of the Management Board & Executive Director0.67yr€4.08kno data
Franciane Rays
Chief Financial Officer2.58yrsno datano data
Quirijn Altes
Managing Director of Corporate Finance & Capital Marketsno datano datano data
Marc Camus
Chief Information Officer2.58yrsno datano data
Carine De Nys
Chief Compliance Officer3.83yrsno datano data
Sandra Wilikens
Chief HR Officer & Secretary Generalno datano datano data
Andrew Collins
Head of European Client Relationshipsno datano datano data

2.6yrs

Average Tenure

54yo

Average Age

Experienced Management: 017250539's management team is considered experienced (2.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Maxime Jadot
Chairman of the Executive Board9.42yrs€47.00kno data
Didier Beauvois
Head of Corporate Banking6.17yrs€45.00kno data
Michael Anseeuw
Head of Retail Banking-Belgium2.33yrs€45.00kno data
Stéphane Vermeire
Head of Private Banking & Wealth Management2.33yrs€47.00kno data
Piet Van Aken
Chief Risk Officer4.17yrs€47.00kno data
Daniel Clerck
COO, Member of the Management Board & Executive Director0.67yr€4.08kno data
Herman Daems
Chairman of the Board11.25yrs€135.80kno data
Stefaan L. Decraene
Non-Executive Director7.33yrs€37.00kno data
Dirk Boogmans
Independent Non Executive Director10.83yrs€86.60kno data
Sophie Dutordoir
Independent Non Executive Director9.75yrs€75.80kno data
Thierry Varène
Non Executive Director11.25yrs€58.40kno data
Antoinette d'Aspremont Lynden
Independent Non Executive Director8.33yrs€75.60kno data

7.8yrs

Average Tenure

58yo

Average Age

Experienced Board: 017250539's board of directors are considered experienced (7.8 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

BNP Paribas Fortis SA's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: BNP Paribas Fortis SA
  • Ticker: 17250539
  • Exchange: ENXTBR
  • Founded: 1934
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: €11.304b
  • Shares outstanding: 565.19m
  • Website: https://www.bnpparibasfortis.com

Number of Employees


Location

  • BNP Paribas Fortis SA
  • Montagne du Parc/Warandeberg 3
  • Brussels
  • Brussels
  • 1000
  • Belgium

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
17250539ENXTBR (Euronext Brussels)YesRegistered SharesBEEURSep 2015

Biography

BNP Paribas Fortis SA provides various financial services in Belgium, Luxembourg, Turkey, and internationally. It accepts on-demand deposits, current and savings accounts, term accounts and short-term note ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/15 02:53
End of Day Share Price2020/08/04 00:00
Earnings2019/12/31
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.