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BICC

Banque Internationale pour le Commerce et l'Industrie de la Côte d'IvoireBRVM:BICC Stock Report

Market Cap

XOF103.3b

7D

0%

1Y

4.2%

Updated

26 Oct, 2021

Data

Company Financials
BICC fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance2/6
Financial Health4/6
Dividends0/6

BICC Overview

Banque Internationale pour le Commerce et l'Industrie de la Côte d'Ivoire, S.A.

Price History & Performance

Summary of all time highs, changes and price drops for Banque Internationale pour le Commerce et l'Industrie de la Côte d'Ivoire
Historical stock prices
Current Share PriceXOF6,400.00
52 Week HighXOF0
52 Week LowXOF0
Beta0.36
1 Month Change2.40%
3 Month Change11.11%
1 Year Change4.23%
3 Year Change53.11%
5 Year Change-28.09%
Change since IPO221.21%

Recent News & Updates

Shareholder Returns

BICCCI BanksCI Market
7D0%-0.7%0.2%
1Y4.2%39.1%56.4%

Return vs Industry: BICC underperformed the CI Banks industry which returned 39.1% over the past year.

Return vs Market: BICC underperformed the CI Market which returned 56.4% over the past year.

Price Volatility

Is BICC's price volatile compared to industry and market?
BICC volatility
BICC Beta0.36
Industry Beta0.44
Market Beta1

Stable Share Price: BICC is not significantly more volatile than the rest of CI stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: BICC's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1962660Yao Kouassihttps://www.bicici.com

Banque Internationale pour le Commerce et l'Industrie de la Côte d'Ivoire, S.A. provides various banking and financial services to professionals, individuals, and corporate clients in Ivory Coast. It offers various accounts, credits, payments, money transfers, savings and investments, cash management solutions, and insurance services. The company was founded in 1962 and is headquartered in Abidjan, Ivory Coast.

Banque Internationale pour le Commerce et l'Industrie de la Côte d'Ivoire Fundamentals Summary

How do Banque Internationale pour le Commerce et l'Industrie de la Côte d'Ivoire's earnings and revenue compare to its market cap?
BICC fundamental statistics
Market CapXOF103.33b
Earnings (TTM)XOF4.67b
Revenue (TTM)XOF39.83b

22.8x

P/E Ratio

1.7x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BICC income statement (TTM)
RevenueXOF39.83b
Cost of RevenueXOF0
Gross ProfitXOF39.83b
ExpensesXOF35.16b
EarningsXOF4.67b

Last Reported Earnings

Dec 31, 2020

Next Earnings Date

n/a

Earnings per share (EPS)280.32
Gross Margin100.00%
Net Profit Margin11.73%
Debt/Equity Ratio47.3%

How did BICC perform over the long term?

See historical performance and comparison

Dividends

0.8%

Current Dividend Yield

19%

Payout Ratio

Valuation

Is Banque Internationale pour le Commerce et l'Industrie de la Côte d'Ivoire undervalued compared to its fair value and its price relative to the market?

22.83x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: BICC (CFA6400) is trading above our estimate of fair value (CFA1062.5)

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


Price To Earnings Ratio

PE vs Industry: BICC is poor value based on its PE Ratio (22.8x) compared to the CI Banks industry average (7.1x).

PE vs Market: BICC is poor value based on its PE Ratio (22.8x) compared to the CI market (7.9x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: BICC's PB Ratio (1.7x) is in line with the CI Banks industry average.


Future Growth

How is Banque Internationale pour le Commerce et l'Industrie de la Côte d'Ivoire forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.4%

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 Banque Internationale pour le Commerce et l'Industrie de la Côte d'Ivoire 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 Banque Internationale pour le Commerce et l'Industrie de la Côte d'Ivoire performed over the past 5 years?

-31.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BICC has high quality earnings.

Growing Profit Margin: BICC became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: BICC's earnings have declined by 31% per year over the past 5 years.

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

Earnings vs Industry: BICC has become profitable in the last year, making it difficult to compare its past year earnings growth to the Banks industry (14.2%).


Return on Equity

High ROE: BICC's Return on Equity (7.4%) is considered low.


Financial Health

How is Banque Internationale pour le Commerce et l'Industrie de la Côte d'Ivoire's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: BICC's Assets to Equity ratio (13.2x) is moderate.

Allowance for Bad Loans: Insufficient data to determine if BICC has a sufficient allowance for bad loans.

Low Risk Liabilities: 93% of BICC's liabilities are made up of primarily low risk sources of funding.

Loan Level: BICC has an appropriate level of Loans to Assets ratio (58%).

Low Risk Deposits: BICC's Loans to Deposits ratio (67%) is appropriate.

Level of Bad Loans: BICC has a high level of bad loans (16.4%).


Dividend

What is Banque Internationale pour le Commerce et l'Industrie de la Côte d'Ivoire current dividend yield, its reliability and sustainability?

0.84%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BICC's dividend (0.84%) isn’t notable compared to the bottom 25% of dividend payers in the CI market (3.75%).

High Dividend: BICC's dividend (0.84%) is low compared to the top 25% of dividend payers in the CI market (9.79%).


Stability and Growth of Payments

Stable Dividend: BICC is not paying a notable dividend for the CI market, therefore no need to check if payments are stable.

Growing Dividend: BICC is not paying a notable dividend for the CI market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: BICC is not paying a notable dividend for the CI market.


Future Payout to Shareholders

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


Next Steps

Management

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


CEO

Yao Kouassi

no data

Tenure

Mr. Yao Kouassi serves as General Manager of Banque Internationale pour le Commerce et l'Industrie de la Côte d'Ivoire, S.A. and served as its Deputy Chief Executive Officer and served as its Deputy Managi...


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

Banque Internationale pour le Commerce et l'Industrie de la Côte d'Ivoire, S.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Banque Internationale pour le Commerce et l'Industrie de la Côte d'Ivoire, S.A.
  • Ticker: BICC
  • Exchange: BRVM
  • Founded: 1962
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: XOF103.333b
  • Shares outstanding: 16.67m
  • Website: https://www.bicici.com

Number of Employees


Location

  • Banque Internationale pour le Commerce et l'Industrie de la Côte d'Ivoire, S.A.
  • Franchet d'EspErey Avenue
  • 01BP 1298
  • Abidjan
  • 1
  • Ivory Coast

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 21:19
End of Day Share Price2021/10/26 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.