company background image
BEES3 logo

Banestes - Banco do Estado do Espírito Santo BOVESPA:BEES3 Stock Report

Last Price

R$8.93

Market Cap

R$2.9b

7D

-1.3%

1Y

-3.0%

Updated

29 Jul, 2024

Data

Company Financials

Banestes S.A - Banco do Estado do Espírito Santo

BOVESPA:BEES3 Stock Report

Market Cap: R$2.9b

BEES3 Stock Overview

Banestes S.A - Banco do Estado do Espírito Santo S.A.

BEES3 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health5/6
Dividends3/6

Banestes S.A - Banco do Estado do Espírito Santo Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Banestes - Banco do Estado do Espírito Santo
Historical stock prices
Current Share PriceR$8.93
52 Week HighR$9.89
52 Week LowR$8.39
Beta0.48
11 Month Change-0.45%
3 Month Change-3.88%
1 Year Change-3.04%
33 Year Change77.18%
5 Year Change49.33%
Change since IPO98.67%

Recent News & Updates

Recent updates

Are You An Income Investor? Don't Miss Out On Banestes S.A - Banco do Estado do Espírito Santo (BVMF:BEES3)

Feb 15
Are You An Income Investor? Don't Miss Out On Banestes S.A - Banco do Estado do Espírito Santo (BVMF:BEES3)

Shareholders Of Banestes - Banco do Estado do Espírito Santo (BVMF:BEES3) Must Be Happy With Their 296% Total Return

Dec 25
Shareholders Of Banestes - Banco do Estado do Espírito Santo (BVMF:BEES3) Must Be Happy With Their 296% Total Return

Shareholder Returns

BEES3BR BanksBR Market
7D-1.3%-0.6%-0.4%
1Y-3.0%4.9%-0.2%

Return vs Industry: BEES3 underperformed the BR Banks industry which returned 4.9% over the past year.

Return vs Market: BEES3 underperformed the BR Market which returned -0.2% over the past year.

Price Volatility

Is BEES3's price volatile compared to industry and market?
BEES3 volatility
BEES3 Average Weekly Movement2.9%
Banks Industry Average Movement3.5%
Market Average Movement4.6%
10% most volatile stocks in BR Market8.7%
10% least volatile stocks in BR Market2.5%

Stable Share Price: BEES3 has not had significant price volatility in the past 3 months.

Volatility Over Time: BEES3's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19352,204Jose Casagrandewww.ri.banestes.com.br

Banestes S.A - Banco do Estado do Espírito Santo S.A. provides various financial products and services to individual and corporate clients in the State of Espírito Santo, Brazil. It operates in the areas of insurance and distribution, intermediation, and administration of third-party resources. The company also offers current and savings accounts, loans, cards, and asset management services.

Banestes S.A - Banco do Estado do Espírito Santo Fundamentals Summary

How do Banestes - Banco do Estado do Espírito Santo's earnings and revenue compare to its market cap?
BEES3 fundamental statistics
Market capR$2.89b
Earnings (TTM)R$346.44m
Revenue (TTM)R$1.54b

8.1x

P/E Ratio

1.3x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BEES3 income statement (TTM)
RevenueR$1.54b
Cost of RevenueR$24.75m
Gross ProfitR$1.52b
Other ExpensesR$1.17b
EarningsR$346.44m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.10
Gross Margin98.40%
Net Profit Margin22.45%
Debt/Equity Ratio716.8%

How did BEES3 perform over the long term?

See historical performance and comparison

Dividends

7.1%

Current Dividend Yield

58%

Payout Ratio

Does BEES3 pay a reliable dividends?

See BEES3 dividend history and benchmarks
When do you need to buy BEES3 by to receive an upcoming dividend?
Banestes - Banco do Estado do Espírito Santo dividend dates
Ex Dividend DateAug 02 2024
Dividend Pay DateSep 02 2024
Days until Ex dividend4 days
Days until Dividend pay date35 days

Does BEES3 pay a reliable dividends?

See BEES3 dividend history and benchmarks
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.