Banco Comercial Português, S.A., together with its subsidiaries, provides various banking and financial products and services. More Details
Excellent balance sheet and good value.
Share Price & News
How has Banco Comercial Português's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BCPU is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: BCPU's weekly volatility (8%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: BCPU underperformed the UK Banks industry which returned -28.6% over the past year.
Return vs Market: BCPU underperformed the UK Market which returned -10% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Banco Comercial Português's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Banco Comercial Português 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: BCPU (€0.12) is trading above our estimate of fair value (€0.05)
Significantly Below Fair Value: BCPU is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BCPU is good value based on its PE Ratio (10.4x) compared to the GB Banks industry average (11.2x).
PE vs Market: BCPU is good value based on its PE Ratio (10.4x) compared to the UK market (20.4x).
Price to Earnings Growth Ratio
PEG Ratio: BCPU is good value based on its PEG Ratio (0.3x)
Price to Book Ratio
PB vs Industry: BCPU is good value based on its PB Ratio (0.3x) compared to the GB Banks industry average (0.6x).
How is Banco Comercial Português forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BCPU's forecast earnings growth (30.2% per year) is above the savings rate (1.2%).
Earnings vs Market: BCPU's earnings (30.2% per year) are forecast to grow faster than the UK market (27.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: BCPU's revenue (2.1% per year) is forecast to grow slower than the UK market (6.7% per year).
High Growth Revenue: BCPU's revenue (2.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BCPU's Return on Equity is forecast to be low in 3 years time (5.2%).
How has Banco Comercial Português performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BCPU has a large one-off loss of €164.9M impacting its September 30 2020 financial results.
Growing Profit Margin: BCPU's current net profit margins (9.8%) are lower than last year (16.5%).
Past Earnings Growth Analysis
Earnings Trend: BCPU's earnings have grown significantly by 27.5% per year over the past 5 years.
Accelerating Growth: BCPU's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BCPU had negative earnings growth (-40.9%) over the past year, making it difficult to compare to the Banks industry average (-25.7%).
Return on Equity
High ROE: BCPU's Return on Equity (3%) is considered low.
How is Banco Comercial Português'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: BCPU's Assets to Equity ratio (11.5x) is moderate.
Allowance for Bad Loans: BCPU has a sufficient allowance for bad loans (160%).
Low Risk Liabilities: 79% of BCPU's liabilities are made up of primarily low risk sources of funding.
Loan Level: BCPU has an appropriate level of Loans to Assets ratio (60%).
Low Risk Deposits: BCPU's Loans to Deposits ratio (83%) is appropriate.
Level of Bad Loans: BCPU has a high level of bad loans (3.9%).
What is Banco Comercial Português's current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BCPU's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BCPU's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if BCPU's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BCPU's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: BCPU is not paying a notable dividend for the UK market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BCPU's dividend in 3 years as they are not forecast to pay a notable one for the UK market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Miguel Maya Pinheiro (56 yo)
Mr. Miguel Maya Dias Pinheiro is a Vice Chair of Administrative Council at Banco Millennium Atlântico, SA since 2018. Mr. Pinheiro had been Vice Chairman of BIM – Banco Internacional. Positions held at B...
CEO Compensation Analysis
Compensation vs Market: Miguel Maya's total compensation ($USD1.05M) is below average for companies of similar size in the UK market ($USD1.79M).
Compensation vs Earnings: Miguel Maya's compensation has been consistent with company performance over the past year.
|3rd Vice Chairman||2.5yrs||€880.91k||0.0038% |
|CFO & Director||8.75yrs||€715.39k||0.0037% |
|Executive Director||9.58yrs||€626.70k||0.0014% |
|Executive Director||5.5yrs||€626.70k||0.0012% |
|Executive Director||3.5yrs||€150.66k||no data|
|Executive Director||3.5yrs||€715.39k||0.0015% |
|Executive Director||no data||€579.61k||0.0011% |
|General Manager and Chairman of the BCP Finance||no data||no data||no data|
|Chairman of Board & Member of Board for International Strategy||2.5yrs||€773.95k||0.010% |
|Independent Director||5.5yrs||€22.36k||0.000010% |
|2nd Vice Chairman||no data||no data||no data|
|1st Vice Chairman and Chairman of Remuneration & Welfare Board||no data||€110.00k||0.00059% |
Experienced Board: BCPU'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.
Banco Comercial Português, S.A.'s company bio, employee growth, exchange listings and data sources
- Name: Banco Comercial Português, S.A.
- Ticker: BCPU
- Exchange: BATS-CHIXE
- Founded: 1985
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: €1.850b
- Shares outstanding: 15.11b
- Website: https://ind.millenniumbcp.pt
Number of Employees
- Banco Comercial Português, S.A.
- Praça Dom João I, nº28
- Piso 4
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BPCG.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jan 1992|
|BCP||ENXTLS (Euronext Lisbon)||Yes||Ordinary Shares||PT||EUR||Jan 1992|
|BCPN||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jan 1992|
|0RJN||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||Jan 1992|
|BCPU||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||EUR||Jan 1992|
Banco Comercial Português, S.A., together with its subsidiaries, provides various banking and financial products and services. It operates through Retail Banking; Companies, Corporate & Investment Banking;...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/26 18:53|
|End of Day Share Price||2020/11/25 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.