First National Bank of Botswana Limited provides various banking and related products and services to individuals, businesses, corporates, and private clients in Botswana.
Price History & Performance
|Historical stock prices|
|Current Share Price||P2.49|
|52 Week High||P0|
|52 Week Low||P0|
|1 Month Change||0.81%|
|3 Month Change||13.18%|
|1 Year Change||13.18%|
|3 Year Change||5.96%|
|5 Year Change||-18.09%|
|Change since IPO||514.82%|
Recent News & Updates
|FNBB||BW Banks||BW Market|
Return vs Industry: FNBB underperformed the BW Banks industry which returned 29.5% over the past year.
Return vs Market: FNBB exceeded the BW Market which returned 1.3% over the past year.
Stable Share Price: FNBB is more volatile than 75% of BW stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: FNBB's weekly volatility (3%) has been stable over the past year, but is still higher than 75% of BW stocks.
About the Company
First National Bank of Botswana Limited provides various banking and related products and services to individuals, businesses, corporates, and private clients in Botswana. The company offers cheque, transactional savings, student, youth, and business accounts; call accounts, notice and fixed deposits, treasury bills, and bonds products; overdrafts; personal, tertiary, graduate, home, and business loans, as well as vehicle and asset, commercial property, purchase order, and corporate finance services; firstfunding employee loan schemes; and credit and debit cards. It also provides foreign exchange solutions; Islamic finance and financial planning services; forex and trade services, such as payment, and import and export solutions; and accounting and custody services.
First National Bank of Botswana Fundamentals Summary
|FNBB fundamental statistics|
Is FNBB overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|FNBB income statement (TTM)|
|Cost of Revenue||P0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.27|
|Net Profit Margin||32.14%|
How did FNBB perform over the long term?See historical performance and comparison
6.0%Current Dividend Yield
Is First National Bank of Botswana undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: FNBB (BWP2.49) is trading above our estimate of fair value (BWP2.15)
Significantly Below Fair Value: FNBB is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: FNBB is poor value based on its PE Ratio (9.2x) compared to the African Banks industry average (6.5x).
PE vs Market: FNBB is good value based on its PE Ratio (9.2x) compared to the BW market (10.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate FNBB's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: FNBB is overvalued based on its PB Ratio (1.6x) compared to the XF Banks industry average (0.9x).
How is First National Bank of Botswana forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 First National Bank of Botswana 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.
How has First National Bank of Botswana performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FNBB has high quality earnings.
Growing Profit Margin: FNBB's current net profit margins (32.1%) are higher than last year (31.9%).
Past Earnings Growth Analysis
Earnings Trend: FNBB's earnings have grown by 6.9% per year over the past 5 years.
Accelerating Growth: FNBB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: FNBB had negative earnings growth (-1.5%) over the past year, making it difficult to compare to the Banks industry average (11%).
Return on Equity
High ROE: FNBB's Return on Equity (17.4%) is considered low.
How is First National Bank of Botswana's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: FNBB's Assets to Equity ratio (7.2x) is low.
Allowance for Bad Loans: FNBB has a sufficient allowance for bad loans (113%).
Low Risk Liabilities: 90% of FNBB's liabilities are made up of primarily low risk sources of funding.
Loan Level: FNBB has an appropriate level of Loans to Assets ratio (49%).
Low Risk Deposits: FNBB's Loans to Deposits ratio (63%) is appropriate.
Level of Bad Loans: FNBB has a high level of bad loans (7.2%).
What is First National Bank of Botswana current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FNBB's dividend (6.02%) is higher than the bottom 25% of dividend payers in the BW market (4.27%).
High Dividend: FNBB's dividend (6.02%) is low compared to the top 25% of dividend payers in the BW market (7.98%).
Stability and Growth of Payments
Stable Dividend: FNBB's dividend payments have been volatile in the past 10 years.
Growing Dividend: FNBB's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (55.7%), FNBB'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 and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Steven Bogatsu (49 yo)
Mr. Steven Lefentse Bogatsu serves as the Chief Executive Officer of First National Bank of Botswana Limited since May 1, 2015. Mr. Bogatsu served as the Chief Financial Officer at First National Bank of B...
Experienced Management: FNBB's management team is considered experienced (3.7 years average tenure).
Experienced Board: FNBB's board of directors are considered experienced (5.5 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
First National Bank of Botswana Limited's employee growth, exchange listings and data sources
- Name: First National Bank of Botswana Limited
- Ticker: FNBB
- Exchange: BSM
- Founded: 1991
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: P6.334b
- Shares outstanding: 2.54b
- Website: https://www.fnbbotswana.co.bw
Number of Employees
- First National Bank of Botswana Limited
- First Place
- Plot 54362
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/18 21:37|
|End of Day Share Price||2021/10/18 00:00|
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.