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BBK

Bank of Bahrain and Kuwait B.S.C BAX:BBK Stock Report

Last Price

ب.د0.49

Market Cap

ب.د804.1m

7D

-0.6%

1Y

8.2%

Updated

23 May, 2022

Data

Company Financials
BBK fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance4/6
Financial Health5/6
Dividends2/6

BBK Stock Overview

Bank of Bahrain and Kuwait B.S.C., together with its subsidiaries, provides various commercial banking products and services for individuals, and corporate and institutional customers.

Rewards

Earnings have grown 0.3% per year over the past 5 years

Risk Analysis

No risks detected for BBK from our risk checks.

Bank of Bahrain and Kuwait B.S.C Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Bank of Bahrain and Kuwait B.S.C
Historical stock prices
Current Share Priceب.د0.49
52 Week Highب.د0.56
52 Week Lowب.د0.44
Beta0.16
1 Month Change-1.80%
3 Month Change1.73%
1 Year Change8.24%
3 Year Change42.07%
5 Year Change61.94%
Change since IPO518.22%

Recent News & Updates

Shareholder Returns

BBKBH BanksBH Market
7D-0.6%-3.5%-3.6%
1Y8.2%22.7%24.8%

Return vs Industry: BBK underperformed the BH Banks industry which returned 24.1% over the past year.

Return vs Market: BBK underperformed the BH Market which returned 25.4% over the past year.

Price Volatility

Is BBK's price volatile compared to industry and market?
BBK volatility
BBK Average Weekly Movement1.6%
Banks Industry Average Movement4.2%
Market Average Movement2.8%
10% most volatile stocks in BH Market6.5%
10% least volatile stocks in BH Market1.6%

Stable Share Price: BBK is less volatile than 75% of BH stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: BBK's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1971n/aAbdulRahman Ali Saifhttps://www.bbkonline.com

Bank of Bahrain and Kuwait B.S.C., together with its subsidiaries, provides various commercial banking products and services for individuals, and corporate and institutional customers. The company operates through Retail Banking; Corporate Banking; International Banking; Investment and Treasury Activities; and Other Activities. It offers savings, current, money maker, Al Hayrat, and Starmaker accounts; fixed deposits; Al Hayrat gift certificates; car loans, consumer loans, mortgage loans, loans for retirees, loans for women, and professional loans for doctors, as well as overdrafts, credit and funds transfer facilities, debit and credit cards, and foreign exchange services; and remittance services, such as correspondent banking, demand draft, telex transfer, and cashier order services.

Bank of Bahrain and Kuwait B.S.C Fundamentals Summary

How do Bank of Bahrain and Kuwait B.S.C's earnings and revenue compare to its market cap?
BBK fundamental statistics
Market Capب.د804.08m
Earnings (TTM)ب.د53.90m
Revenue (TTM)ب.د111.20m

14.9x

P/E Ratio

1.5x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BBK income statement (TTM)
Revenueب.د111.20m
Cost of Revenueب.د0
Gross Profitب.د111.20m
Other Expensesب.د57.30m
Earningsب.د53.90m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

May 23, 2022

Earnings per share (EPS)0.033
Gross Margin100.00%
Net Profit Margin48.47%
Debt/Equity Ratio115.9%

How did BBK perform over the long term?

See historical performance and comparison

Dividends

3.7%

Current Dividend Yield

55%

Payout Ratio

Valuation

Is Bank of Bahrain and Kuwait B.S.C undervalued compared to its fair value and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


14.92x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: BBK (BHD0.49) is trading above our estimate of fair value (BHD0.08)

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


Price To Earnings Ratio

PE vs Industry: BBK is poor value based on its PE Ratio (14.9x) compared to the BH Banks industry average (9.7x).

PE vs Market: BBK is poor value based on its PE Ratio (14.9x) compared to the BH market (13.3x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: BBK is overvalued based on its PB Ratio (1.5x) compared to the BH Banks industry average (0.7x).


Future Growth

How is Bank of Bahrain and Kuwait B.S.C forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


11.9%

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 Bank of Bahrain and Kuwait B.S.C 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 Bank of Bahrain and Kuwait B.S.C performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


0.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: BBK has high quality earnings.

Growing Profit Margin: BBK's current net profit margins (48.5%) are higher than last year (44.4%).


Past Earnings Growth Analysis

Earnings Trend: BBK's earnings have grown by 0.3% per year over the past 5 years.

Accelerating Growth: BBK's earnings growth over the past year (9.6%) exceeds its 5-year average (0.3% per year).

Earnings vs Industry: BBK earnings growth over the past year (9.6%) underperformed the Banks industry 42.3%.


Return on Equity

High ROE: BBK's Return on Equity (10%) is considered low.


Financial Health

How is Bank of Bahrain and Kuwait B.S.C's financial position? (This company is analysed differently as a bank or financial institution)

Financial Health Score

5/6

Financial Health Score 5/6

  • Asset Level

  • Allowance for Bad Loans

  • Low Risk Liabilities

  • Loan Level

  • Low Risk Deposits

  • Level of Bad Loans

Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: BBK's Assets to Equity ratio (6.8x) is low.

Allowance for Bad Loans: BBK has a sufficient allowance for bad loans (107%).

Low Risk Liabilities: 76% of BBK's liabilities are made up of primarily low risk sources of funding.

Loan Level: BBK has an appropriate level of Loans to Assets ratio (44%).

Low Risk Deposits: BBK's Loans to Deposits ratio (68%) is appropriate.

Level of Bad Loans: BBK has a high level of bad loans (5%).


Dividend

What is Bank of Bahrain and Kuwait B.S.C current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


3.70%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: BBK's dividend (3.7%) isn’t notable compared to the bottom 25% of dividend payers in the BH market (3.76%).

High Dividend: BBK's dividend (3.7%) is low compared to the top 25% of dividend payers in the BH market (5.61%).


Stability and Growth of Payments

Stable Dividend: BBK's dividend payments have been volatile in the past 10 years.

Growing Dividend: BBK's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (55.2%), BBK's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.


Discover strong dividend paying companies

Management

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

2.9yrs

Average management tenure


CEO

AbdulRahman Ali Saif

2.08yrs

Tenure

Dr. Abdulrahman Ali Saif, Ph D., serves as Group Chief Executive of Bank of Bahrain and Kuwait B.S.C. since April 1, 2020. He had been an Independent & Non-Executive Director at Bahrain Kuwait Insurance Co...


Leadership Team

Experienced Management: BBK's management team is considered experienced (2.9 years average tenure).


Board Members

Experienced Board: BBK's board of directors are considered experienced (5.2 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

Bank of Bahrain and Kuwait B.S.C.'s employee growth, exchange listings and data sources


Key Information

  • Name: Bank of Bahrain and Kuwait B.S.C.
  • Ticker: BBK
  • Exchange: BAX
  • Founded: 1971
  • Industry: Diversified Banks
  • Sector: Banks
  • Implied Market Cap: ب.د804.080m
  • Shares outstanding: 1.63b
  • Website: https://www.bbkonline.com

Location

  • Bank of Bahrain and Kuwait B.S.C.
  • 43 Government Avenue
  • PO Box 597
  • Manama
  • Bahrain

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/23 00:00
End of Day Share Price2022/05/23 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.