| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 5/6 |
| Financial Health | 4/6 |
| Dividends | 2/6 |
CABK Stock Overview
CaixaBank, S.A., together with its subsidiaries, provides banking and financial products and services in Spain and internationally.
CaixaBank Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | €2.30 |
| 52 Week High | €2.90 |
| 52 Week Low | €1.93 |
| Beta | 1.62 |
| 1 Month Change | -8.56% |
| 3 Month Change | -13.05% |
| 1 Year Change | 1.95% |
| 3 Year Change | -31.65% |
| 5 Year Change | -29.10% |
| Change since IPO | -55.75% |
Recent News & Updates
Should Shareholders Reconsider CaixaBank, S.A.'s (BME:CABK) CEO Compensation Package?
The results at CaixaBank, S.A. ( BME:CABK ) have been quite disappointing recently and CEO Gonzalo María Gortazar...
Shareholder Returns
| CABK | ES Banks | ES Market | |
|---|---|---|---|
| 7D | 0.6% | -0.5% | -2.0% |
| 1Y | 2.0% | 3.1% | -1.0% |
Return vs Industry: CABK underperformed the Spanish Banks industry which returned 8.5% over the past year.
Return vs Market: CABK matched the Spanish Market which returned 1% over the past year.
Price Volatility
| CABK volatility | |
|---|---|
| CABK Average Weekly Movement | 4.3% |
| Banks Industry Average Movement | 4.6% |
| Market Average Movement | 3.9% |
| 10% most volatile stocks in ES Market | 6.3% |
| 10% least volatile stocks in ES Market | 0.7% |
Stable Share Price: CABK is not significantly more volatile than the rest of Spanish stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: CABK's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1904 | 50,980 | Gonzalo Maria Gortazar Rotaeche | https://www.caixabank.com |
CaixaBank, S.A., together with its subsidiaries, provides banking and financial products and services in Spain and internationally. The company operates through Banking and Insurance, Investments, and BPI segments. It offers retail, corporate, and institutional banking, as well as cash management and market services.
CaixaBank Fundamentals Summary
| CABK fundamental statistics | |
|---|---|
| Market Cap | €18.51b |
| Earnings (TTM) | €5.31b |
| Revenue (TTM) | €10.36b |
3.5x
P/E Ratio0.5x
P/B RatioIs CABK overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CABK income statement (TTM) | |
|---|---|
| Revenue | €10.36b |
| Cost of Revenue | €0 |
| Gross Profit | €10.36b |
| Expenses | €5.05b |
| Earnings | €5.31b |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.66 |
| Gross Margin | 100.00% |
| Net Profit Margin | 51.29% |
| Debt/Equity Ratio | 169.3% |
How did CABK perform over the long term?
See historical performance and comparisonDividends
1.2%
Current Dividend Yield3%
Payout RatioValuation
Is CaixaBank undervalued compared to its fair value and its price relative to the market?
31.0%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CABK (€2.3) is trading below our estimate of fair value (€3.33)
Significantly Below Fair Value: CABK is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CABK is good value based on its PE Ratio (3.5x) compared to the Spanish Banks industry average (8.6x).
PE vs Market: CABK is good value based on its PE Ratio (3.5x) compared to the Spanish market (19.7x).
Price to Earnings Growth Ratio
PEG Ratio: CABK's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: CABK's PB Ratio (0.5x) is in line with the ES Banks industry average.
Future Growth
How is CaixaBank forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?
-26.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CABK's earnings are forecast to decline over the next 3 years (-26.3% per year).
Earnings vs Market: CABK's earnings are forecast to decline over the next 3 years (-26.3% per year).
High Growth Earnings: CABK's earnings are forecast to decline over the next 3 years.
Revenue vs Market: CABK's revenue (4% per year) is forecast to grow slower than the Spanish market (6% per year).
High Growth Revenue: CABK's revenue (4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CABK's Return on Equity is forecast to be low in 3 years time (7.8%).
Past Performance
How has CaixaBank performed over the past 5 years?
27.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CABK has high quality earnings.
Growing Profit Margin: CABK's current net profit margins (51.3%) are higher than last year (15.7%).
Past Earnings Growth Analysis
Earnings Trend: CABK's earnings have grown significantly by 27.8% per year over the past 5 years.
Accelerating Growth: CABK's earnings growth over the past year (414.8%) exceeds its 5-year average (27.8% per year).
Earnings vs Industry: CABK earnings growth over the past year (414.8%) exceeded the Banks industry 91.8%.
Return on Equity
High ROE: CABK's Return on Equity (15.5%) is considered low.
Financial Health
How is CaixaBank'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: CABK's Assets to Equity ratio (19.5x) is moderate.
Allowance for Bad Loans: CABK has a low allowance for bad loans (64%).
Low Risk Liabilities: 76% of CABK's liabilities are made up of primarily low risk sources of funding.
Loan Level: CABK has an appropriate level of Loans to Assets ratio (51%).
Low Risk Deposits: CABK's Loans to Deposits ratio (70%) is appropriate.
Level of Bad Loans: CABK has a high level of bad loans (3.7%).
Dividend
What is CaixaBank current dividend yield, its reliability and sustainability?
1.17%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CABK's dividend (1.17%) isn’t notable compared to the bottom 25% of dividend payers in the Spanish market (1.72%).
High Dividend: CABK's dividend (1.17%) is low compared to the top 25% of dividend payers in the Spanish market (5.48%).
Stability and Growth of Payments
Stable Dividend: CABK's dividend payments have been volatile in the past 10 years.
Growing Dividend: CABK's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (3.4%), CABK's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CABK's dividends in 3 years are forecast to be covered by earnings (52% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.1yrs
Average management tenure
CEO
Gonzalo Maria Gortazar Rotaeche (56 yo)
7.5yrs
Tenure
€2,836,000
Compensation
Mr. Gonzalo Gortazar Rotaeche has been the Chief Executive Officer of CaixaBank, S.A since June 30, 2014. Mr. Rotaeche served as an External Proprietary Director of Abertis Infraestructuras S.A. from May 1...
CEO Compensation Analysis
Compensation vs Market: Gonzalo Maria's total compensation ($USD3.20M) is about average for companies of similar size in the Spanish market ($USD2.74M).
Compensation vs Earnings: Gonzalo Maria's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: CABK's management team is seasoned and experienced (5.1 years average tenure).
Board Members
Experienced Board: CABK's board of directors are considered experienced (4 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 been diluted in the past year, with total shares outstanding growing by 34.7%.
Top Shareholders
Company Information
CaixaBank, S.A.'s employee growth, exchange listings and data sources
Key Information
- Name: CaixaBank, S.A.
- Ticker: CABK
- Exchange: BME
- Founded: 1904
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: €18.507b
- Shares outstanding: 8.05b
- Website: https://www.caixabank.com
Number of Employees
Location
- CaixaBank, S.A.
- 2-4, Calle Pintor Sorolla
- Valencia
- Valencian Community
- 46002
- Spain
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/12/03 21:20 |
| End of Day Share Price | 2021/12/03 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2020/12/31 |
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.