Executive Summary
Unicaja Banco, S.A. provides various banking products and services to individuals, companies, and freelancers in Spain and internationally.
Rewards
Risk Analysis
Snowflake Analysis
Good value with adequate balance sheet.
Similar Companies
Share Price & News
How has Unicaja Banco's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: UNI's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
18.6%
UNI
10.3%
ES Banks
6.6%
ES Market
1 Year Return
-43.0%
UNI
-48.5%
ES Banks
-19.4%
ES Market
Return vs Industry: UNI exceeded the Spanish Banks industry which returned -48% over the past year.
Return vs Market: UNI underperformed the Spanish Market which returned -20.4% over the past year.
Shareholder returns
| UNI | Industry | Market | |
|---|---|---|---|
| 7 Day | 18.6% | 10.3% | 6.6% |
| 30 Day | 0.2% | 2.4% | 5.5% |
| 90 Day | -40.4% | -39.3% | -16.7% |
| 1 Year | -43.0%-43.0% | -46.8%-48.5% | -17.0%-19.4% |
| 3 Year | n/a | -60.8%-65.2% | -24.8%-31.7% |
| 5 Year | n/a | -63.4%-70.1% | -17.8%-31.0% |
Price Volatility Vs. Market
How volatile is Unicaja Banco's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Is Unicaja Banco, S.A.'s (BME:UNI) 8.3% Dividend Worth Your Time?1 month ago | Simply Wall St
What Kind Of Shareholder Owns Most Unicaja Banco, S.A. (BME:UNI) Stock?1 month ago | Simply Wall St
What Is Unicaja Banco's (BME:UNI) P/E Ratio After Its Share Price Tanked?Valuation
Is Unicaja Banco undervalued compared to its fair value and its price relative to the market?
5.35x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: UNI (€0.5) is trading above our estimate of fair value (€0.31)
Significantly Below Fair Value: UNI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: UNI is good value based on its PE Ratio (5.4x) compared to the Banks industry average (7.1x).
PE vs Market: UNI is good value based on its PE Ratio (5.4x) compared to the Spanish market (15.3x).
Price to Earnings Growth Ratio
PEG Ratio: UNI is good value based on its PEG Ratio (0.4x)
Price to Book Ratio
PB vs Industry: UNI is good value based on its PB Ratio (0.2x) compared to the ES Banks industry average (0.3x).
Next Steps
Future Growth
How is Unicaja Banco forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
12.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: UNI's forecast earnings growth (12.6% per year) is above the savings rate (1.3%).
Earnings vs Market: UNI's earnings (12.6% per year) are forecast to grow slower than the Spanish market (18% per year).
High Growth Earnings: UNI's earnings are forecast to grow, but not significantly.
Revenue vs Market: UNI's revenue is expected to decline over the next 3 years (-2.5% per year).
High Growth Revenue: UNI's revenue is forecast to decline over the next 3 years (-2.5% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: UNI's Return on Equity is forecast to be low in 3 years time (3.1%).
Next Steps
Past Performance
How has Unicaja Banco performed over the past 5 years?
8.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: UNI has high quality earnings.
Growing Profit Margin: UNI's current net profit margins (12.9%) are lower than last year (15.7%).
Past Earnings Growth Analysis
Earnings Trend: UNI's earnings have grown by 8.6% per year over the past 5 years.
Accelerating Growth: UNI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: UNI had negative earnings growth (-5.8%) over the past year, making it difficult to compare to the Banks industry average (-21.2%).
Return on Equity
High ROE: UNI's Return on Equity (3.8%) is considered low.
Next Steps
Financial Health
How is Unicaja Banco'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: UNI's Assets to Equity ratio (13.7x) is moderate.
Allowance for Bad Loans: UNI has a low allowance for bad loans (48%).
Low Risk Liabilities: 92% of UNI's liabilities are made up of primarily low risk sources of funding.
Loan Level: UNI has an appropriate level of Loans to Assets ratio (52%).
Low Risk Deposits: UNI's Loans to Deposits ratio (60%) is appropriate.
Level of Bad Loans: UNI has a high level of bad loans (4.6%).
Next Steps
Dividend
What is Unicaja Banco's current dividend yield, its reliability and sustainability?
7.61%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: UNI's dividend (7.61%) is higher than the bottom 25% of dividend payers in the Spanish market (2.65%).
High Dividend: UNI's dividend (7.61%) is low compared to the top 25% of dividend payers in the Spanish market (7.63%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, UNI has been paying a dividend for less than 10 years.
Growing Dividend: UNI's dividend payments have increased, but the company has only paid a dividend for 2 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (40.7%), UNI's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: UNI's dividends in 3 years are forecast to be covered by earnings (53% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.1yrs
Average board tenure
CEO
Ángel Rodríguez de Gracia (63yo)
no data
Tenure
€19,000
Compensation
Mr. Angel Rodríguez de Gracia serves as Chief Executive Officer at Unicaja Banco, SA. He served as General Manager of Unicaja Banco, S.A. Mr. Rodríguez de Gracia served as General Director of Strategic Dev ...
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 3.92yrs | €57.00k | 0.014% €107.9k | |
| CEO & Executive Director | no data | €19.00k | 0.014% €107.9k | |
| Secretary of the Board & Director | 2.08yrs | €87.00k | no data | |
| Chairman Emeritus | 3.92yrs | no data | no data | |
| Independent Director | 3.08yrs | €97.00k | no data | |
| Director | no data | €78.00k | no data | |
| Independent Director | 2.08yrs | €81.00k | no data | |
| Second Vice President of the Board | no data | €86.00k | no data | |
| First Vice President of the Board | no data | €99.00k | no data | |
| Independent Director | 2.08yrs | €85.00k | no data |
2.1yrs
Average Tenure
72yo
Average Age
Experienced Board: UNI's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.
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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Unicaja Banco, S.A.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Unicaja Banco, S.A.
- Ticker: UNI
- Exchange: BME
- Founded: 1991
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: €794.229m
- Shares outstanding: 1.59b
- Website: https://www.unicajabanco.es
Number of Employees
Location
- Unicaja Banco, S.A.
- Avenida de Andalucía, 10 and 12
- Malaga
- Andalusia
- 29007
- Spain
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| UNJC.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Sep 2014 |
| UNI | BME (Bolsas y Mercados Espanoles) | Yes | Ordinary Shares | ES | EUR | Sep 2014 |
| 7UB | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Sep 2014 |
| UNIE | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | EUR | Sep 2014 |
| 0RR7 | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | EUR | Sep 2014 |
Biography
Unicaja Banco, S.A. provides various banking products and services to individuals, companies, and freelancers in Spain and internationally. It offers savings, young, treasure notepad, teen, and basic payment accounts; loyalty, young, master, motor, and home loans; mortgages; deposit products, broker services, savings insurance, pension plans, and investment funds; and life, home, car, accident, agricultural, and health insurance, as well as SME and commerce damage, and civil liability insurance products. The company also provides short term and long term financing, treasury, and foreign trade services; credit and debit cards; payments and payroll services; and electronic and mobile banking services. Unicaja Banco, S.A. was founded in 1991 and is based in Malaga, Spain.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/05/29 00:20 |
| End of Day Share Price | 2020/05/28 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2019/12/31 |
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.