| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 1/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
NBB Stock Overview
National Bank of Bahrain BSC provides retail and wholesale commercial banking, treasury and investment, and investment advisory services in the GCC countries, the United States, Europe, and internationally.
National Bank of Bahrain BSC Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ب.د0.63 |
| 52 Week High | ب.د0.65 |
| 52 Week Low | ب.د0.54 |
| Beta | 0.16 |
| 1 Month Change | 0.64% |
| 3 Month Change | 5.02% |
| 1 Year Change | 16.05% |
| 3 Year Change | 34.80% |
| 5 Year Change | 51.03% |
| Change since IPO | 465.63% |
Recent News & Updates
Shareholder Returns
| NBB | BH Banks | BH Market | |
|---|---|---|---|
| 7D | 1.3% | -3.5% | -4.6% |
| 1Y | 16.1% | 31.9% | 31.2% |
Return vs Industry: NBB underperformed the BH Banks industry which returned 31.9% over the past year.
Return vs Market: NBB underperformed the BH Market which returned 31.2% over the past year.
Price Volatility
| NBB volatility | |
|---|---|
| NBB Average Weekly Movement | 1.7% |
| Banks Industry Average Movement | 4.2% |
| Market Average Movement | 2.4% |
| 10% most volatile stocks in BH Market | 6.8% |
| 10% least volatile stocks in BH Market | 1.7% |
Stable Share Price: NBB is less volatile than 75% of BH stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: NBB's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1957 | n/a | Jean Durand | https://www.nbbonline.com |
National Bank of Bahrain BSC provides retail and wholesale commercial banking, treasury and investment, and investment advisory services in the GCC countries, the United States, Europe, and internationally. The company operates through Retail Commercial and SMEs; Corporate Institutional and Investment Banking; Overseas Branches; and Treasury Capital Markets and Wealth Management segments. Its banking services include savings, current, call, Al Mumayaz, savewave savings, and express savings accounts, as well as time deposits; personal, mortgage, home equity, flexi, solar, and educational loans, as well as syndicated loans; overdrafts services; and debit, prepaid, and credit cards.
National Bank of Bahrain BSC Fundamentals Summary
| NBB fundamental statistics | |
|---|---|
| Market Cap | ب.د1.30b |
| Earnings (TTM) | ب.د57.70m |
| Revenue (TTM) | ب.د142.50m |
22.6x
P/E Ratio2.5x
P/B RatioIs NBB overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NBB income statement (TTM) | |
|---|---|
| Revenue | ب.د142.50m |
| Cost of Revenue | ب.د0 |
| Gross Profit | ب.د142.50m |
| Other Expenses | ب.د84.80m |
| Earnings | ب.د57.70m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.028 |
| Gross Margin | 100.00% |
| Net Profit Margin | 40.49% |
| Debt/Equity Ratio | 45.7% |
How did NBB perform over the long term?
See historical performance and comparisonDividends
2.9%
Current Dividend Yield65%
Payout RatioValuation
Is National Bank of Bahrain BSC undervalued compared to its fair value and its price relative to the market?
Valuation Score
0/6Valuation Score 0/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry
22.61x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: NBB (BHD0.63) is trading above our estimate of fair value (BHD0.06)
Significantly Below Fair Value: NBB is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: NBB is poor value based on its PE Ratio (22.6x) compared to the BH Banks industry average (12.4x).
PE vs Market: NBB is poor value based on its PE Ratio (22.6x) compared to the BH market (13.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NBB's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NBB is overvalued based on its PB Ratio (2.5x) compared to the BH Banks industry average (0.8x).
Future Growth
How is National Bank of Bahrain BSC forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future 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 National Bank of Bahrain BSC 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 National Bank of Bahrain BSC performed over the past 5 years?
Past Performance Score
1/6Past Performance Score 1/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-2.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NBB has a high level of non-cash earnings.
Growing Profit Margin: NBB's current net profit margins (40.5%) are lower than last year (44.1%).
Past Earnings Growth Analysis
Earnings Trend: NBB's earnings have declined by 2.4% per year over the past 5 years.
Accelerating Growth: NBB's earnings growth over the past year (7.9%) exceeds its 5-year average (-2.4% per year).
Earnings vs Industry: NBB earnings growth over the past year (7.9%) underperformed the Banks industry 42.3%.
Return on Equity
High ROE: NBB's Return on Equity (10.9%) is considered low.
Financial Health
How is National Bank of Bahrain BSC's financial position? (This company is analysed differently as a bank or financial institution)
Financial Health Score
4/6Financial Health Score 4/6
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: NBB's Assets to Equity ratio (8.6x) is low.
Allowance for Bad Loans: NBB has a low allowance for bad loans (83%).
Low Risk Liabilities: 92% of NBB's liabilities are made up of primarily low risk sources of funding.
Loan Level: NBB has an appropriate level of Loans to Assets ratio (50%).
Low Risk Deposits: NBB's Loans to Deposits ratio (62%) is appropriate.
Level of Bad Loans: NBB has a high level of bad loans (4.1%).
Dividend
What is National Bank of Bahrain BSC current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
2.88%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NBB's dividend (2.88%) isn’t notable compared to the bottom 25% of dividend payers in the BH market (3.71%).
High Dividend: NBB's dividend (2.88%) is low compared to the top 25% of dividend payers in the BH market (5.59%).
Stability and Growth of Payments
Stable Dividend: NBB is not paying a notable dividend for the BH market, therefore no need to check if payments are stable.
Growing Dividend: NBB is not paying a notable dividend for the BH market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Earnings Coverage: NBB is not paying a notable dividend for the BH market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of NBB'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?
5.3yrs
Average management tenure
CEO
Jean Durand
5.42yrs
Tenure
Mr. Jean Christophe Durand has been Vice Chairman of the Board at Bahrain Islamic Bank B.S.C. since 2020. Mr. Durand has been Chief Executive Officer of National Bank of Bahrain BSC since December 1, 2016....
Leadership Team
Experienced Management: NBB's management team is seasoned and experienced (5.3 years average tenure).
Board Members
Experienced Board: NBB's board of directors are considered experienced (4.3 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
National Bank of Bahrain BSC's employee growth, exchange listings and data sources
Key Information
- Name: National Bank of Bahrain BSC
- Ticker: NBB
- Exchange: BAX
- Founded: 1957
- Industry: Diversified Banks
- Sector: Banks
- Implied Market Cap: ب.د1.304b
- Shares outstanding: 2.06b
- Website: https://www.nbbonline.com
Location
- National Bank of Bahrain BSC
- NBB Tower
- Government Avenue
- Manama
- Bahrain
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/05/15 00:00 |
| End of Day Share Price | 2022/05/15 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2021/12/31 |
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.