company background image
CBIB

Coris Bank InternationalBRVM:CBIBF Stock Report

Market Cap

XOF304.7b

7D

0.05%

1Y

29.2%

Updated

21 Oct, 2021

Data

Company Financials
CBIBF fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance6/6
Financial Health4/6
Dividends1/6

CBIBF Overview

Coris Bank International SA provides banking products and services to individual, business, and NGO customers in Burkina Faso.

Price History & Performance

Summary of all time highs, changes and price drops for Coris Bank International
Historical stock prices
Current Share PriceXOF9,300.00
52 Week HighXOF0
52 Week LowXOF0
Beta-0.036
1 Month Change6.96%
3 Month Change12.05%
1 Year Change29.17%
3 Year Change19.31%
5 Year Changen/a
Change since IPO11.23%

Recent News & Updates

Shareholder Returns

CBIBFCI BanksCI Market
7D0.05%-0.8%0.3%
1Y29.2%40.2%53.2%

Return vs Industry: CBIBF underperformed the CI Banks industry which returned 40.6% over the past year.

Return vs Market: CBIBF underperformed the CI Market which returned 53.2% over the past year.

Price Volatility

Is CBIBF's price volatile compared to industry and market?
CBIBF volatility
CBIBF Beta-0.036
Industry Beta0.44
Market Beta1

Stable Share Price: CBIBF is less volatile than 75% of CI stocks over the past 3 months, typically moving +/- 3% a week.

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

About the Company

FoundedEmployeesCEOWebsite
2008n/aDiakarya Ouattarahttps://burkina.coris.bank

Coris Bank International SA provides banking products and services to individual, business, and NGO customers in Burkina Faso. The company offers savings accounts, term deposits, and bank cards. Coris Bank International SA was founded in 2008 and is headquartered in Ouagadougou, Burkina Faso.

Coris Bank International Fundamentals Summary

How do Coris Bank International's earnings and revenue compare to its market cap?
CBIBF fundamental statistics
Market CapXOF304.74b
Earnings (TTM)XOF41.03b
Revenue (TTM)XOF75.15b

7.4x

P/E Ratio

1.8x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CBIBF income statement (TTM)
RevenueXOF75.15b
Cost of RevenueXOF0
Gross ProfitXOF75.15b
ExpensesXOF34.12b
EarningsXOF41.03b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.25k
Gross Margin100.00%
Net Profit Margin54.60%
Debt/Equity Ratio0.0%

How did CBIBF perform over the long term?

See historical performance and comparison

Dividends

5.0%

Current Dividend Yield

n/a

Payout Ratio

Valuation

Is Coris Bank International undervalued compared to its fair value and its price relative to the market?

7.43x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: CBIBF (CFA9300) is trading above our estimate of fair value (CFA8467.2)

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


Price To Earnings Ratio

PE vs Industry: CBIBF is poor value based on its PE Ratio (7.4x) compared to the CI Banks industry average (7.1x).

PE vs Market: CBIBF is good value based on its PE Ratio (7.4x) compared to the CI market (8x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: CBIBF is overvalued based on its PB Ratio (1.8x) compared to the CI Banks industry average (1.7x).


Future Growth

How is Coris Bank International 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 Coris Bank International 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 Coris Bank International performed over the past 5 years?

18.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CBIBF has high quality earnings.

Growing Profit Margin: CBIBF's current net profit margins (54.6%) are higher than last year (52.2%).


Past Earnings Growth Analysis

Earnings Trend: CBIBF's earnings have grown by 18.9% per year over the past 5 years.

Accelerating Growth: CBIBF's earnings growth over the past year (34%) exceeds its 5-year average (18.9% per year).

Earnings vs Industry: CBIBF earnings growth over the past year (34%) exceeded the Banks industry 14.2%.


Return on Equity

High ROE: CBIBF's Return on Equity (24.7%) is considered high.


Financial Health

How is Coris Bank International'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: CBIBF's Assets to Equity ratio (10.6x) is moderate.

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

Low Risk Liabilities: 71% of CBIBF's liabilities are made up of primarily low risk sources of funding.

Loan Level: CBIBF has an appropriate level of Loans to Assets ratio (50%).

Low Risk Deposits: CBIBF's Loans to Deposits ratio (77%) is appropriate.

Level of Bad Loans: Insufficient data to determine if CBIBF has an appropriate level of bad loans.


Dividend

What is Coris Bank International current dividend yield, its reliability and sustainability?

4.99%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CBIBF's dividend (4.99%) is higher than the bottom 25% of dividend payers in the CI market (4.09%).

High Dividend: CBIBF's dividend (4.99%) is low compared to the top 25% of dividend payers in the CI market (9.72%).


Stability and Growth of Payments

Stable Dividend: Too early to tell whether CBIBF's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if CBIBF's dividend payments are increasing as they only just started paying a dividend.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its 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.


Next Steps

Management

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


CEO

Diakarya Ouattara

4.75yrs

Tenure

Mr. Diakarya Ouattara is Director General of Coris Bank International SA.


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

Coris Bank International SA's employee growth, exchange listings and data sources


Key Information

  • Name: Coris Bank International SA
  • Ticker: CBIBF
  • Exchange: BRVM
  • Founded: 2008
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: XOF304.743b
  • Shares outstanding: 32.77m
  • Website: https://burkina.coris.bank

Number of Employees


Location

  • Coris Bank International SA
  • 1242 Avenue du Dr Kwame Nkrumah
  • Ouagadougou 01
  • Ouagadougou
  • 6585
  • Burkina Faso

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/21 21:03
End of Day Share Price2021/10/21 00:00
Earnings2021/06/30
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.