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BISB

Bahrain Islamic Bank B.S.C BAX:BISB Stock Report

Last Price

ب.د0.08

Market Cap

ب.د84.7m

7D

0%

1Y

n/a

Updated

16 May, 2022

Data

Company Financials
BISB fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health2/6
Dividends0/6

BISB Stock Overview

Bahrain Islamic Bank B.S.C. provides various banking products and services in the Kingdom of Bahrain.

Bahrain Islamic Bank B.S.C Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Bahrain Islamic Bank B.S.C
Historical stock prices
Current Share Priceب.د0.08
52 Week Highب.د0.085
52 Week Lowب.د0.072
Beta0.012
1 Month Change0%
3 Month Changen/a
1 Year Changen/a
3 Year Change-25.93%
5 Year Change-42.07%
Change since IPO-15.04%

Recent News & Updates

Shareholder Returns

BISBBH BanksBH Market
7D0%-3.5%-4.6%
1Yn/a31.9%31.2%

Return vs Industry: Insufficient data to determine how BISB performed against the BH Banks industry.

Return vs Market: Insufficient data to determine how BISB performed against the BH Market.

Price Volatility

Is BISB's price volatile compared to industry and market?
BISB volatility
BISB Average Weekly Movementn/a
Banks Industry Average Movement4.2%
Market Average Movement2.4%
10% most volatile stocks in BH Market6.8%
10% least volatile stocks in BH Market1.7%

Stable Share Price: Insufficient data to determine BISB's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine BISB's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
1979n/aHassan Jarrarhttps://www.bisb.com

Bahrain Islamic Bank B.S.C. provides various banking products and services in the Kingdom of Bahrain. The company operates through three segments: Corporate, Retail, and Investment. It offers current, investment, salary, cheque, call, youth, and savings accounts; investment deposits; remittances and foreign exchange transactions; drafts and managerial cheques; personal, property, housing, special project, and auto financing services; and trade, enterprise, equipment, cash flow working capital, export, liquidity, and short- and long-term financing services.

Bahrain Islamic Bank B.S.C Fundamentals Summary

How do Bahrain Islamic Bank B.S.C's earnings and revenue compare to its market cap?
BISB fundamental statistics
Market Capب.د84.66m
Earnings (TTM)ب.د6.78m
Revenue (TTM)ب.د30.23m

12.5x

P/E Ratio

0.6x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BISB income statement (TTM)
Revenueب.د30.23m
Cost of Revenueب.د0
Gross Profitب.د30.23m
Other Expensesب.د23.45m
Earningsب.د6.78m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.0064
Gross Margin100.00%
Net Profit Margin22.44%
Debt/Equity Ratio376.9%

How did BISB perform over the long term?

See historical performance and comparison

Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


12.5x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate BISB's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate BISB's fair value for valuation analysis.


Price To Earnings Ratio

PE vs Industry: BISB's PE Ratio (12.5x) is in line with the BH Banks industry average.

PE vs Market: BISB is good value based on its PE Ratio (12.5x) compared to the BH market (13.8x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: BISB is good value based on its PB Ratio (0.6x) compared to the BH Banks industry average (0.8x).


Future Growth

How is Bahrain Islamic Bank 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


11.6%

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 Bahrain Islamic Bank 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 Bahrain Islamic Bank B.S.C performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-37.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: BISB has high quality earnings.

Growing Profit Margin: BISB became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: BISB's earnings have declined by 37.8% per year over the past 5 years.

Accelerating Growth: BISB has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: BISB has become profitable in the last year, making it difficult to compare its past year earnings growth to the Banks industry (42.3%).


Return on Equity

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


Financial Health

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

Financial Health Score

2/6

Financial Health Score 2/6

  • 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: BISB's Assets to Equity ratio (10.7x) is moderate.

Allowance for Bad Loans: BISB has a low allowance for bad loans (55%).

Low Risk Liabilities: 81% of BISB's liabilities are made up of primarily higher risk sources of funding.

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

Low Risk Deposits: BISB's Loans to Deposits ratio (376%) is high.

Level of Bad Loans: BISB has a high level of bad loans (6.3%).


Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Earnings Coverage: BISB is not paying a notable dividend for the BH market.


Future Payout to Shareholders

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


Next Steps

Management

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

5.9yrs

Average management tenure


CEO

Hassan Jarrar

6.83yrs

Tenure

Mr. Hassan Amin Jarrar has been the Chief Executive Officer of Bahrain Islamic Bank B.S.C. since July 1, 2015. Mr. Jarrar served as the Chief Executive Officer for Bahrain at Standard Chartered PLC from De...


Leadership Team

Experienced Management: BISB's management team is seasoned and experienced (5.9 years average tenure).


Board Members

Experienced Board: BISB's board of directors are considered experienced (3.2 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

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


Key Information

  • Name: Bahrain Islamic Bank B.S.C.
  • Ticker: BISB
  • Exchange: BAX
  • Founded: 1979
  • Industry: Diversified Banks
  • Sector: Banks
  • Implied Market Cap: ب.د84.656m
  • Shares outstanding: 1.06b
  • Website: https://www.bisb.com

Location

  • Bahrain Islamic Bank B.S.C.
  • Al Salam Tower, Building 722
  • Block 317, Road 1708
  • Manama
  • Bahrain

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/16 00:00
End of Day Share Price2022/04/27 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.