LSE:0O5V

Stock Analysis Report

Banco di Desio e della Brianza

Executive Summary

Banco di Desio e della Brianza S.p.A. provides a range of banking, financial, and insurance solutions for individuals and companies in Italy.


Snowflake Analysis

Fair value with acceptable track record.

Share Price & News

How has Banco di Desio e della Brianza's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 0O5V's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

0O5V

0.6%

GB Banks

0.5%

GB Market


1 Year Return

n/a

0O5V

-5.9%

GB Banks

6.6%

GB Market

Return vs Industry: Insufficient data to determine how 0O5V performed against the UK Banks industry.

Return vs Market: Insufficient data to determine how 0O5V performed against the UK Market.


Shareholder returns

0O5VIndustryMarket
7 Day0%0.6%0.5%
30 Day-20.9%-1.9%-2.4%
90 Dayn/a0.08%4.0%
1 Yearn/a0.1%-5.9%12.2%6.6%
3 Yearn/a-7.3%-18.9%17.8%2.9%
5 Year9.5%-6.5%0.4%-18.7%35.7%4.6%

Price Volatility Vs. Market

How volatile is Banco di Desio e della Brianza's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Banco di Desio e della Brianza undervalued compared to its fair value and its price relative to the market?

9.09x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 0O5V (€2.23) is trading above our estimate of fair value (€1.73)

Significantly Below Fair Value: 0O5V is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 0O5V is good value based on its PE Ratio (9.1x) compared to the Banks industry average (10.5x).

PE vs Market: 0O5V is good value based on its PE Ratio (9.1x) compared to the UK market (18.5x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 0O5V's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 0O5V is good value based on its PB Ratio (0.5x) compared to the GB Banks industry average (0.6x).


Next Steps

Future Growth

How is Banco di Desio e della Brianza forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

10.7%

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 Banco di Desio e della Brianza 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.


Next Steps

Past Performance

How has Banco di Desio e della Brianza performed over the past 5 years?

5.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 0O5V has a large one-off loss of €19.1M impacting its December 31 2019 financial results.

Growing Profit Margin: 0O5V's current net profit margins (11.5%) are higher than last year (11.4%).


Past Earnings Growth Analysis

Earnings Trend: 0O5V's earnings have grown by 5.5% per year over the past 5 years.

Accelerating Growth: 0O5V's earnings growth over the past year (13.9%) exceeds its 5-year average (5.5% per year).

Earnings vs Industry: 0O5V earnings growth over the past year (13.9%) underperformed the Banks industry 28.3%.


Return on Equity

High ROE: 0O5V's Return on Equity (4.2%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Banco di Desio e della Brianza'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

Inventory Level: 0O5V has a low level of unsold assets or inventory.

Debt Coverage by Assets: 0O5V's debt is not covered by short term assets (assets are 0.3x debt).


Financial Institutions Analysis

Asset Level: 0O5V's level of assets compared to its equity is moderate.

Allowance for Bad Loans: 0O5V has a low allowance for bad loans.

Low Risk Liabilities: 0O5V's liabilities are made up of primarily low risk sources of funding.

Loan Level: 0O5V has an acceptable proportion of non-loan assets held.

Low Risk Deposits: 0O5V has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: 0O5V has a high level of bad loans (5.43%)


Next Steps

Dividend

What is Banco di Desio e della Brianza's current dividend yield, its reliability and sustainability?

3.29%

Current Dividend Yield


Upcoming Dividend Payment

TodayFeb 18 2020Ex Dividend DateApr 27 2020Dividend Pay DateApr 29 20202 days from Ex DividendBuy in the next 69 days to receive upcoming dividend

Dividend Yield vs Market

company3.3%marketbottom25%1.8%markettop25%5.1%industryaverage6.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: 0O5V's dividend (3.29%) is higher than the bottom 25% of dividend payers in the UK market (1.83%).

High Dividend: 0O5V's dividend (3.29%) is low compared to the top 25% of dividend payers in the UK market (5.1%).


Stability and Growth of Payments

Stable Dividend: 0O5V's dividend payments have been volatile in the past 10 years.

Growing Dividend: 0O5V's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (29.9%), 0O5V's dividend payments are well 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?

2.8yrs

Average board tenure


CEO

Angelo Antoniazzi (57yo)

2.6yrs

Tenure

Mr. Angelo Antoniazzi serves as General Manager at Banco di Desio e della Brianza SpA. He served as General Manager of Banca Popolare di Spoleto S.p.A. and has been its Director since February 1, 2019. 


Board Members

NamePositionTenureCompensationOwnership
Stefano Lado
Chairman of the Board2.8yrs€255.10k1.86% 7.9m
Paolo Gavazzi
Director0yrs€104.50kno data
Gerolamo Pellicanò
Director17.8yrs€94.80kno data
Agostino Gavazzi
Director18.1yrs€664.50kno data
Egidio Gavazzi
Director 0yrs€105.10kno data
Marina Brogi
Independent Director2.8yrs€28.96kno data
Tommaso Cartone
Vice Chairman of the Board2.8yrs€1.09mno data
Giulia Pusterla
Chairman of Board of Statutory Auditors2.8yrs€71.85kno data
Cristina Mahne
Director6.8yrs€93.60kno data
Nicolò Dubini
Director2.8yrsno datano data

2.8yrs

Average Tenure

59yo

Average Age

Experienced Board: 0O5V's board of directors are not considered experienced ( 2.8 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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Banco di Desio e della Brianza S.p.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Banco di Desio e della Brianza S.p.A.
  • Ticker: 0O5V
  • Exchange: LSE
  • Founded: 1909
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: €422.821m
  • Shares outstanding: 135.95m
  • Website: https://www.bancodesio.it

Number of Employees


Location

  • Banco di Desio e della Brianza S.p.A.
  • via E. Rovagnati 1
  • Desio
  • Mantova
  • 20832
  • Italy

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BDBBIT (Borsa Italiana)YesOrdinary SharesITEURMay 1995
BJ7BST (Boerse-Stuttgart)YesOrdinary SharesDEEURMay 1995
0O5VLSE (London Stock Exchange)YesOrdinary SharesGBEURMay 1995
BDBMBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEURMay 1995
BDBRBIT (Borsa Italiana)Saving SharesITEURFeb 1999
0O5WLSE (London Stock Exchange)Saving SharesGBEURFeb 1999
BDBRMBATS-CHIXE (BATS 'Chi-X Europe')Saving SharesGBEURFeb 1999

Biography

Banco di Desio e della Brianza S.p.A. provides a range of banking, financial, and insurance solutions for individuals and companies in Italy. The company offers current accounts, managed accounts, deposits, mortgages and loans, personal loans, factoring, leasing, telematics, securities, and cards and mobility services, as well as life insurance, auto insurance, and other non-life insurance products. It has approximately 265 branches. The company was founded in 1909 and is headquartered in Desio, Italy. Banco di Desio e della Brianza S.p.A. is a subsidiary of Brianza Unione di Luigi Gavazzi & C. S.A.p.A. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/17 21:20
End of Day Share Price2020/02/14 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.