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FIB logo

First Investment Bank AD BUL:FIB Stock Report

Last Price

лв4.14

Market Cap

лв617.2m

7D

6.2%

1Y

41.8%

Updated

22 Dec, 2024

Data

Company Financials

First Investment Bank AD

BUL:FIB Stock Report

Market Cap: лв617.2m

FIB Stock Overview

Provides various banking products and services to individuals and corporate clients in Bulgaria and Cyprus. More details

FIB fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance2/6
Financial Health4/6
Dividends0/6

Rewards

Trading at 32.5% below our estimate of its fair value

Risk Analysis

Volatile share price over the past 3 months compared to the BG market

Profit margins (29%) are lower than last year (42.7%)


My Notes

Capture your thoughts, links and company narrative

First Investment Bank AD Competitors

Bulgarian-American Credit Bank AD

BUL:BACB

лв266.7m

Central Cooperative Bank AD

BUL:CCB

лв213.6m

Texim Bank AD

BUL:TXIM

лв133.9m

NSIA Banque Société Anonyme

BRVM:NSBC

XOF 178.1b

Price History & Performance

Summary of share price highs, lows and changes for First Investment Bank AD
Historical stock prices
Current Share Priceлв4.14
52 Week Highлв5.50
52 Week Lowлв2.14
Beta0.65
1 Month Change8.95%
3 Month Change-13.39%
1 Year Change41.78%
3 Year Change158.75%
5 Year Change16.29%
Change since IPO-43.89%

Recent News & Updates

With EPS Growth And More, First Investment Bank AD (BUL:FIB) Makes An Interesting Case

Jun 07
With EPS Growth And More, First Investment Bank AD (BUL:FIB) Makes An Interesting Case

Recent updates

With EPS Growth And More, First Investment Bank AD (BUL:FIB) Makes An Interesting Case

Jun 07
With EPS Growth And More, First Investment Bank AD (BUL:FIB) Makes An Interesting Case

Here's Why We Think First Investment Bank AD (BUL:FIB) Might Deserve Your Attention Today

Nov 02
Here's Why We Think First Investment Bank AD (BUL:FIB) Might Deserve Your Attention Today

Shareholder Returns

FIBBG BanksBG Market
7D6.2%-2.0%0.6%
1Y41.8%19.2%12.9%

Return vs Industry: FIB exceeded the BG Banks industry which returned 19.2% over the past year.

Return vs Market: FIB exceeded the BG Market which returned 12.9% over the past year.

Price Volatility

Is FIB's price volatile compared to industry and market?
FIB volatility
FIB Average Weekly Movement6.6%
Banks Industry Average Movement3.1%
Market Average Movement4.2%
10% most volatile stocks in BG Market8.2%
10% least volatile stocks in BG Market2.4%

Stable Share Price: FIB's share price has been volatile over the past 3 months compared to the BG market.

Volatility Over Time: FIB's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of BG stocks.

About the Company

FoundedEmployeesCEOWebsite
19932,953Nikola Bakalovwww.fibank.bg

First Investment Bank AD provides various banking products and services to individuals and corporate clients in Bulgaria and Cyprus. It offers personal and business banking products and services, including current, term, deposit, savings, joint, and payment accounts, as well as accounts for attorneys; special accounts for condominiums, notaries, insurance brokers and agents, private enforcement agents, etc; debit and credit cards; and housing/mortgage, consumer, overdraft, insurance, and mortgage loans. The company provides fund transfer and distance banking services.

First Investment Bank AD Fundamentals Summary

How do First Investment Bank AD's earnings and revenue compare to its market cap?
FIB fundamental statistics
Market capлв617.21m
Earnings (TTM)лв110.32m
Revenue (TTM)лв380.60m

5.6x

P/E Ratio

0.4x

P/B Ratio

Is FIB overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FIB income statement (TTM)
Revenueлв380.60m
Cost of Revenueлв0
Gross Profitлв380.60m
Other Expensesлв270.28m
Earningsлв110.32m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.74
Gross Margin100.00%
Net Profit Margin28.99%
Debt/Equity Ratio56.7%

How did FIB perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 01:48
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

First Investment Bank AD is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullFirst Financial Brokerage House
Svetoslav TassevKBC Securities- CEE Research