company background image
CCB

Central Cooperative Bank ADBUL:CCB Stock Report

Market Cap

лв128.4m

7D

5.2%

1Y

4.1%

Updated

06 Dec, 2021

Data

Company Financials
CCB fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance4/6
Financial Health4/6
Dividends0/6

CCB Stock Overview

Central Cooperative Bank AD, a commercial bank, provides various financial products and services.

Central Cooperative Bank AD Competitors

First Investment Bank AD

BUL:FIB

лв243.0m

KBC Group

ENXTBR:KBC

€31.4b

Price History & Performance

Summary of all time highs, changes and price drops for Central Cooperative Bank AD
Historical stock prices
Current Share Priceлв1.01
52 Week Highлв1.14
52 Week Lowлв0.93
Beta0.75
1 Month Change3.06%
3 Month Change-1.94%
1 Year Change4.12%
3 Year Change-29.37%
5 Year Change-36.88%
Change since IPO-79.60%

Recent News & Updates

Mar 16
Central Cooperative Bank AD's (BUL:CCB) Shareholders Are Down 47% On Their Shares

Central Cooperative Bank AD's (BUL:CCB) Shareholders Are Down 47% On Their Shares

Many investors define successful investing as beating the market average over the long term. But if you try your hand...

Shareholder Returns

CCBBG BanksBG Market
7D5.2%2.0%-0.2%
1Y4.1%20.9%25.3%

Return vs Industry: CCB underperformed the BG Banks industry which returned 18.3% over the past year.

Return vs Market: CCB underperformed the BG Market which returned 26.7% over the past year.

Price Volatility

Is CCB's price volatile compared to industry and market?
CCB volatility
CCB Average Weekly Movement4.8%
Banks Industry Average Movement3.7%
Market Average Movement4.7%
10% most volatile stocks in BG Market7.4%
10% least volatile stocks in BG Market2.4%

Stable Share Price: CCB is not significantly more volatile than the rest of BG stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: CCB's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1991n/an/ahttps://www.ccbank.bg

Central Cooperative Bank AD, a commercial bank, provides various financial products and services. It offers deposit products, such as term deposits, savings accounts, and current accounts; personal and mortgage, working capital, and investment loans, as well as bank guarantees; and overdrafts. The company also provides safe deposit boxes; transaction services for financial instruments and foreign exchange; mutual funds; debit, prepaid, and credit cards; and internet banking services.

Central Cooperative Bank AD Fundamentals Summary

How do Central Cooperative Bank AD's earnings and revenue compare to its market cap?
CCB fundamental statistics
Market Capлв128.40m
Earnings (TTM)лв31.53m
Revenue (TTM)лв179.34m

4.1x

P/E Ratio

0.2x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CCB income statement (TTM)
Revenueлв179.34m
Cost of Revenueлв0
Gross Profitлв179.34m
Expensesлв147.81m
Earningsлв31.53m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.25
Gross Margin100.00%
Net Profit Margin17.58%
Debt/Equity Ratio4.5%

How did CCB perform over the long term?

See historical performance and comparison

Valuation

Is Central Cooperative Bank AD undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CCB (BGN1.01) is trading below our estimate of fair value (BGN3.97)

Significantly Below Fair Value: CCB is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: CCB is good value based on its PE Ratio (4.1x) compared to the European Banks industry average (10.4x).

PE vs Market: CCB is good value based on its PE Ratio (4.1x) compared to the BG market (18x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: CCB is good value based on its PB Ratio (0.2x) compared to the XE Banks industry average (0.7x).


Future Growth

How is Central Cooperative Bank AD forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

4.6%

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 Central Cooperative Bank AD 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.


Past Performance

How has Central Cooperative Bank AD performed over the past 5 years?

-0.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CCB has high quality earnings.

Growing Profit Margin: CCB's current net profit margins (17.6%) are higher than last year (12.8%).


Past Earnings Growth Analysis

Earnings Trend: CCB's earnings have declined by 0.4% per year over the past 5 years.

Accelerating Growth: CCB's earnings growth over the past year (42.6%) exceeds its 5-year average (-0.4% per year).

Earnings vs Industry: CCB earnings growth over the past year (42.6%) exceeded the Banks industry 38%.


Return on Equity

High ROE: CCB's Return on Equity (5.2%) is considered low.


Financial Health

How is Central Cooperative Bank AD'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: CCB's Assets to Equity ratio (11.8x) is moderate.

Allowance for Bad Loans: Insufficient data to determine if CCB has a sufficient allowance for bad loans.

Low Risk Liabilities: 99% of CCB's liabilities are made up of primarily low risk sources of funding.

Loan Level: CCB has an appropriate level of Loans to Assets ratio (41%).

Low Risk Deposits: CCB's Loans to Deposits ratio (45%) is appropriate.

Level of Bad Loans: Insufficient data to determine if CCB has an appropriate level of bad loans.


Dividend

What is Central Cooperative Bank AD current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if CCB'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 CCB's dividend in 3 years as they are not forecast to pay a notable one for the BG market.


Next Steps

Management

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

14.9yrs

Average board tenure


CEO

Central Cooperative Bank AD has no CEO, or we have no data on them.


Board Members

Experienced Board: CCB's board of directors are seasoned and experienced ( 14.9 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

Central Cooperative Bank AD's employee growth, exchange listings and data sources


Key Information

  • Name: Central Cooperative Bank AD
  • Ticker: CCB
  • Exchange: BUL
  • Founded: 1991
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: лв128.401m
  • Shares outstanding: 127.13m
  • Website: https://www.ccbank.bg

Location

  • Central Cooperative Bank AD
  • 87, Tsarigradsko Shose Boulevard
  • Sofia
  • 1113
  • Bulgaria

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/12/06 21:44
End of Day Share Price2021/12/06 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.