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Bankia

LSE:0RQ1
Snowflake Description

Adequate balance sheet second-rate dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
0RQ1
LSE
€7B
Market Cap
  1. Home
  2. GB
  3. Banks
Company description

Bankia, S.A., together with its subsidiaries, provides various banking and financial products and services in Spain and internationally. The last earnings update was 60 days ago. More info.


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0RQ1 Share Price and Events
7 Day Returns
3.1%
LSE:0RQ1
1%
GB Banks
0.6%
GB Market
1 Year Returns
-34.3%
LSE:0RQ1
-8.7%
GB Banks
1.1%
GB Market
0RQ1 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Bankia (0RQ1) 3.1% 2.3% -6% -34.3% -32.8% -59.1%
GB Banks 1% 5.4% 4.4% -8.7% 17% -11.2%
GB Market 0.6% 1.9% 6.9% 1.1% 15.6% 6.2%
1 Year Return vs Industry and Market
  • 0RQ1 underperformed the Banks industry which returned -8.7% over the past year.
  • 0RQ1 underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned 1.1% over the past year.
Price Volatility
0RQ1
Industry
5yr Volatility vs Market

Value

 Is Bankia undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Bankia to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Bankia.

LSE:0RQ1 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Weighted future Return on Equity estimates from 17 analysts.
= Stable Book Value * Return on Equity
= €4.41 * 5.7%
€0.25
Book Value of Equity per Share Weighted future Book Value estimates from 13 analysts. €4.41
Discount Rate (Cost of Equity) See below 17.6%
Perpetual Growth Rate 10-Year GB Government Bond Rate 1.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for LSE:0RQ1
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 1.2%
Equity Risk Premium S&P Global 8.2%
Banks Unlevered Beta Simply Wall St/ S&P Global 0.59
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.593 (1 + (1- 25%) (531.3%))
2.31
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.23% + (2 * 8.18%)
17.59%

Discounted Cash Flow Calculation for LSE:0RQ1 using Excess Returns Model Model

The calculations below outline how an intrinsic value for Bankia is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

LSE:0RQ1 Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (5.7% – 17.59%) * €4.41)
€-0.53
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= €-0.53 / (17.59% - 1.23%)
€-3.21
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= €4.41 + €-3.21
€1.2
LSE:0RQ1 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in LSE:0RQ1 represents 0.9971x of BME:BKIA
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.9971x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (EUR) x Listing Adjustment Factor
= € 1.20 x 0.9971
€1.20
Value per share (EUR) From above. €1.20
Current discount Discount to share price of €2.41
= -1 x (€2.41 - €1.20) / €1.20
-100.7%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Bankia is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Bankia's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Bankia's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
LSE:0RQ1 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in EUR €0.22
BME:BKIA Share Price ** BME (2019-04-18) in EUR €2.41
United Kingdom of Great Britain and Northern Ireland Banks Industry PE Ratio Median Figure of 15 Publicly-Listed Banks Companies 10.35x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 797 Publicly-Listed Companies 16.29x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Bankia.

LSE:0RQ1 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BME:BKIA Share Price ÷ EPS (both in EUR)

= 2.41 ÷ 0.22

11.21x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Bankia is overvalued based on earnings compared to the GB Banks industry average.
  • Bankia is good value based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Bankia's expected growth come at a high price?
Raw Data
LSE:0RQ1 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 11.21x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 17 Analysts
8.3%per year
United Kingdom of Great Britain and Northern Ireland Banks Industry PEG Ratio Median Figure of 14 Publicly-Listed Banks Companies 0.86x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 564 Publicly-Listed Companies 1.48x

*Line of best fit is calculated by linear regression .

LSE:0RQ1 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 11.21x ÷ 8.3%

1.35x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Bankia is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Bankia's assets?
Raw Data
LSE:0RQ1 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in EUR €4.31
BME:BKIA Share Price * BME (2019-04-18) in EUR €2.41
United Kingdom of Great Britain and Northern Ireland Banks Industry PB Ratio Median Figure of 16 Publicly-Listed Banks Companies 0.88x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,367 Publicly-Listed Companies 1.51x
LSE:0RQ1 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BME:BKIA Share Price ÷ Book Value per Share (both in EUR)

= 2.41 ÷ 4.31

0.56x

* Primary Listing of Bankia.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Bankia is good value based on assets compared to the GB Banks industry average.
X
Value checks
We assess Bankia's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Banks industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Banks industry average (and greater than 0)? (1 check)
  5. Bankia has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Bankia expected to perform in the next 1 to 3 years based on estimates from 17 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
8.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Bankia expected to grow at an attractive rate?
  • Bankia's earnings growth is expected to exceed the low risk savings rate of 1.2%.
Growth vs Market Checks
  • Bankia's earnings growth is positive but not above the United Kingdom of Great Britain and Northern Ireland market average.
  • Bankia's revenue growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
LSE:0RQ1 Future Growth Rates Data Sources
Data Point Source Value (per year)
LSE:0RQ1 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 17 Analysts 8.3%
LSE:0RQ1 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 17 Analysts 5.8%
United Kingdom of Great Britain and Northern Ireland Banks Industry Earnings Growth Rate Market Cap Weighted Average 12.7%
United Kingdom of Great Britain and Northern Ireland Banks Industry Revenue Growth Rate Market Cap Weighted Average 4.6%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 11%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
LSE:0RQ1 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 17 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
LSE:0RQ1 Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 3,619 931 1
2021-12-31 3,342 823 10
2020-12-31 3,320 828 17
2019-12-31 3,131 702 12
LSE:0RQ1 Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-12-31 2,831 1,395 659
2018-09-30 2,896 490
2018-06-30 2,789 -197 491
2018-03-31 2,670 415
2017-12-31 2,627 1,843 490
2017-09-30 2,597 812
2017-06-30 2,580 6,688 837
2017-03-31 2,658 871
2016-12-31 2,644 4,552 804
2016-09-30 2,949 916
2016-06-30 3,223 -2,561 965
2016-03-31 3,230 1,033

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Bankia's earnings are expected to grow by 8.3% yearly, however this is not considered high growth (20% yearly).
  • Bankia's revenue is expected to grow by 5.8% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
LSE:0RQ1 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 17 Analyst Estimates (S&P Global) See Below

All data from Bankia Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

LSE:0RQ1 Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31 0.30 0.30 0.30 1.00
2021-12-31 0.26 0.30 0.22 10.00
2020-12-31 0.27 0.34 0.21 19.00
2019-12-31 0.23 0.25 0.21 16.00
LSE:0RQ1 Past Financials Data
Date (Data in EUR Millions) EPS *
2018-12-31 0.22
2018-09-30
2018-06-30 0.16
2018-03-31
2017-12-31 0.17
2017-09-30
2017-06-30 0.29
2017-03-31
2016-12-31 0.28
2016-09-30
2016-06-30 0.34
2016-03-31

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Bankia is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Bankia's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Bankia has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Bankia performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Bankia's growth in the last year to its industry (Banks).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Bankia's year on year earnings growth rate has been positive over the past 5 years.
  • Bankia's 1-year earnings growth exceeds its 5-year average (34.5% vs 0.5%)
  • Bankia's earnings growth has not exceeded the GB Banks industry average in the past year (34.5% vs 42.2%).
Earnings and Revenue History
Bankia's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Bankia Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

LSE:0RQ1 Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 2,830.96 659.28 1,840.73
2018-09-30 2,895.53 490.22 1,804.47
2018-06-30 2,789.43 491.22 1,735.47
2018-03-31 2,670.13 415.22 1,655.47
2017-12-31 2,627.23 490.22 1,557.47
2017-09-30 2,597.14 812.16 1,522.46
2017-06-30 2,580.14 837.16 1,512.46
2017-03-31 2,657.54 871.16 1,511.46
2016-12-31 2,643.74 804.16 1,516.46
2016-09-30 2,948.85 915.96 1,364.63
2016-06-30 3,223.14 965.25 1,365.85
2016-03-31 3,229.95 1,032.96 1,413.63
2015-12-31 3,260.25 1,039.96 1,451.63
2015-09-30 3,256.88 765.79 1,759.16
2015-06-30 3,118.59 748.50 1,765.95
2015-03-31 3,170.18 703.79 1,703.16
2014-12-31 3,051.88 661.79 1,682.16
2014-09-30 2,884.02 779.95 1,677.84
2014-06-30 2,666.52 646.01 1,627.82
2014-03-31 2,336.02 358.95 1,805.84
2013-12-31 2,277.02 290.95 1,850.84
2013-09-30 -7,944.01 -11,741.40 2,066.88
2013-06-30 -7,996.95 -14,494.50 1,819.43
2013-03-31 -11,016.45 -16,698.42 1,874.34
2012-12-31 -14,153.45 -19,056.40 2,017.28
2012-09-30 -9,776.62 -10,320.59 2,254.85
2012-06-30 -7,388.29 -7,627.65 2,425.90

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Bankia has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Bankia used its assets less efficiently than the GB Banks industry average last year based on Return on Assets.
  • Unable to establish if Bankia improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Bankia's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Banks industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Bankia has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Bankia's financial position? (This company is analysed differently as a bank or financial institution)

This company is a bank or financial institution.

Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.
Net Worth
Balance sheet
This treemap shows a more detailed breakdown of Bankia's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Bankia Company Filings, last reported 3 months ago.

LSE:0RQ1 Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 13,189.44 39,154.81 12,728.43
2018-09-30 13,248.00 30,844.00 12,340.00
2018-06-30 13,208.50 41,235.83 12,004.77
2018-03-31 13,516.00 34,471.00 13,525.00
2017-12-31 13,613.09 45,466.26 12,869.45
2017-09-30 13,057.00 31,927.00 12,655.00
2017-06-30 12,901.84 41,778.63 13,973.70
2017-03-31 12,612.00 33,540.00 15,587.00
2016-12-31 12,837.19 46,981.82 15,034.41
2016-09-30 13,097.00 43,052.00 17,689.00
2016-06-30 12,795.08 57,400.38 17,634.02
2016-03-31 12,561.00 38,559.00 26,221.00
2015-12-31 12,696.01 59,022.08 19,175.10
2015-09-30 12,813.00 27,180.00 27,368.00
2015-06-30 12,490.81 58,438.90 20,371.92
2015-03-31 12,832.00 47,306.00 34,452.00
2014-12-31 12,533.33 58,182.88 30,493.61
2014-09-30 12,790.00 29,780.00 43,172.00
2014-06-30 12,476.09 64,560.84 43,553.63
2014-03-31 12,127.00 28,555.00 47,090.00
2013-12-31 11,359.52 71,021.19 31,611.20
2013-09-30 11,238.00 54,918.00 42,326.00
2013-06-30 10,626.41 71,738.74 42,742.60
2013-03-31 -5,500.00 81,613.00 53,651.00
2012-12-31 -6,055.99 98,853.02 50,849.38
2012-09-30 5,218.00 46,022.00 55,912.00
2012-06-30 7,343.58 77,078.76 54,125.80
BANK ANALYSIS

This company is a bank or financial institution, which is analysed accordingly below.

Below we check the amount of loans the bank has, how many of those are bad, and its ability to cover any bad loans.
  • Bankia has an acceptable proportion of non-loan assets held.
  • Bankia's liabilities are made up of primarily low risk sources of funding.
  • Loans at Bankia are broadly funded by customer deposits.
  • Bankia's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).
  • Bankia has a low allowance for bad loans.
  • Bankia has a high level of bad loans (greater than 2%).
X
Financial health checks
We assess Bankia's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Bankia has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Bankia's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
4.8%
Current annual income from Bankia dividends. Estimated to be 6.18% next year.
If you bought €2,000 of Bankia shares you are expected to receive €96 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Bankia's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (2.01%).
  • Bankia's dividend is below the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (5.19%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
LSE:0RQ1 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 17 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Banks Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 4.9%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 706 Stocks 4.2%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 5.2%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

LSE:0RQ1 Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2022-12-31 0.20 1.00
2021-12-31 0.15 14.00
2020-12-31 0.16 20.00
2019-12-31 0.13 20.00
LSE:0RQ1 Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-03-25 0.116 4.916
2018-04-12 0.110 3.669
2017-03-24 0.110 2.697
2016-03-29 0.105 3.246
2015-02-27 0.070 1.602

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, Bankia has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Bankia only paid a dividend in the past 4 years.
Current Payout to shareholders
What portion of Bankia's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.9x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.7x coverage).
X
Income/ dividend checks
We assess Bankia's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Bankia afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Bankia has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Bankia's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
José Sevilla Álvarez
COMPENSATION €800,000
AGE 54
TENURE AS CEO 4.8 years
CEO Bio

Mr. José Sevilla Álvarez is Chief Executive Officer of Bankia, SA ("Bankia"). Before joining Bankia he held various management positions in BBVA, where he served as General Manager of Risks, Head of the Office of the Chairman and of the Division of Strategy and Finance for the Americas in BBVA and a Directorship in BBVA Bancomer. He is a Director of the Asociación para el Progreso de la Dirección (APD). He began his professional career in the investment banking field, working in Merrill Lynch and FG Inversiones Bursátiles. He was the Head of Risk of Banco Bilbao Vizcaya Argentaria, SA. He is a Director of BFA, Tenedora de Acciones, S.A.U. José Sevilla Álvarez holds a degree in Economics and Business Studies from CUNEF.

CEO Compensation
  • José's compensation has been consistent with company performance over the past year.
  • José's remuneration is lower than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

Average tenure and age of the Bankia management team in years:

4.8
Average Tenure
57
Average Age
  • The tenure for the Bankia management team is about average.
Management Team

José Goirigolzarri Tellaeche

TITLE
Executive Chairman of the Board
COMPENSATION
€800K
AGE
64

José Sevilla Álvarez

TITLE
CEO & Executive Director
COMPENSATION
€800K
AGE
54
TENURE
4.8 yrs

Antonio Parra

TITLE
GM of People
COMPENSATION
€800K
AGE
71

Carlos Krauel

TITLE
Executive Director
COMPENSATION
€329K
AGE
71

Leopoldo Trenor

TITLE
Deputy General Director of Financial Management

Iñigo Velázquez

TITLE
Head of Investor Relations & Rating

Amalia Blanco Lucas

TITLE
Deputy General Director of Communication & External Relations
AGE
57

Miguel Rodríguez

TITLE
General Secretary & Deputy General Director of the General Secretariat
AGE
57

Fernando Aburto

TITLE
Deputy General Director of Asset Management & Investees
AGE
55
TENURE
4.8 yrs

Carlos Aguilera

TITLE
Head of Business Banking Division - Murcia Region
TENURE
0.8 yrs
Board of Directors Tenure

Average tenure and age of the Bankia board of directors in years:

6.9
Average Tenure
63
Average Age
  • The tenure for the Bankia board of directors is about average.
Board of Directors

José Sevilla Álvarez

TITLE
CEO & Executive Director
COMPENSATION
€800K
AGE
54
TENURE
6.9 yrs

Antonio Parra

TITLE
GM of People
COMPENSATION
€800K
AGE
71
TENURE
4.8 yrs

Carlos Krauel

TITLE
Executive Director
COMPENSATION
€329K
AGE
71
TENURE
1.6 yrs

María Eva Sanz

TITLE
Lead Independent Director
COMPENSATION
€100K
AGE
56
TENURE
0.2 yrs

José Goirigolzarri Tellaeche

TITLE
Executive Chairman of the Board
COMPENSATION
€800K
AGE
64
TENURE
6.9 yrs

Francisco Campo García

TITLE
Independent Director
COMPENSATION
€100K
AGE
63
TENURE
6.9 yrs

Joaquín García

TITLE
Independent Director
COMPENSATION
€100K
AGE
63
TENURE
6.9 yrs

Antonio Hidalgo

TITLE
Independent Director
COMPENSATION
€100K
AGE
62
TENURE
3.1 yrs

José Feito Higueruela

TITLE
Independent Director
COMPENSATION
€100K
AGE
66
TENURE
6.9 yrs

Fernando Méndez de Andés

TITLE
Independent Director
COMPENSATION
€100K
AGE
62
TENURE
6.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
07. Nov 18 Buy Carlos Krauel Individual 31. Oct 18 31. Oct 18 8,967 €2.80 €25,108
X
Management checks
We assess Bankia's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Bankia has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Bankia, S.A., together with its subsidiaries, provides various banking and financial products and services in Spain and internationally. The company operates through Retail Banking and Business Banking segments. It provides retail banking products, such as salary direct deposits, mortgages, term deposits, credit cards, insurance, investment and pension funds, and other asset management services. The company also offers business banking; corporate banking; and capital markets services. As of December 31, 2017, it operated through a network of 2,423 offices. The company also operates a network of 6,086 ATMs. It primarily serves individuals, self-employed professionals, high net-worth customers, and companies, as well as micro, small, and medium-sized enterprises. The company was formerly known as Altae Banco, S.A. and changed its name to Bankia, S.A. in 2011. Bankia, S.A. was founded in 2010 and is headquartered in Valencia, Spain. Bankia, S.A. is a subsidiary of BFA Tenedora de Acciones, S.A.U.

Details
Name: Bankia, S.A.
0RQ1
Exchange: LSE
Founded: 2010
€7,369,670,900
3,055,419,113
Website: http://www.bankia.com
Address: Bankia, S.A.
Calle Pintor Sorolla, 8,
Valencia,
Valencian Community, 46002,
Spain
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BME BKIA Ordinary Shares Bolsas y Mercados Espanoles ES EUR 20. Jul 2011
OTCPK BNKX.F Ordinary Shares Pink Sheets LLC US USD 20. Jul 2011
DB FV02 Ordinary Shares Deutsche Boerse AG DE EUR 20. Jul 2011
LSE 0RQ1 Ordinary Shares London Stock Exchange GB EUR 20. Jul 2011
WBAG BKIA Ordinary Shares Wiener Boerse AG AT EUR 20. Jul 2011
BMV BKIA N Ordinary Shares Bolsa Mexicana de Valores MX MXN 20. Jul 2011
OTCPK BNKX.Y ADR Pink Sheets LLC US USD 21. Mar 2013
Number of employees
Current staff
Staff numbers
15,924
Bankia employees.
Industry
Diversified Banks
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/21 21:26
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/04/17
Last earnings filing: 2019/02/20
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.