LSE:AIBG

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

AIB Group plc provides banking and financial products and services to retail, business, and corporate customers. More Details


Snowflake Analysis

Adequate balance sheet with moderate growth potential.


Similar Companies

Share Price & News

How has AIB Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

-1.8%

AIBG

2.0%

GB Banks

-1.9%

GB Market


1 Year Return

-69.0%

AIBG

-47.6%

GB Banks

-16.2%

GB Market

Return vs Industry: AIBG underperformed the UK Banks industry which returned -47.6% over the past year.

Return vs Market: AIBG underperformed the UK Market which returned -16.2% over the past year.


Shareholder returns

AIBGIndustryMarket
7 Day-1.8%2.0%-1.9%
30 Day0.5%8.2%0.7%
90 Day-22.5%-13.3%-4.8%
1 Year-69.0%-69.0%-47.5%-47.6%-13.0%-16.2%
3 Yearn/a-51.4%-56.2%-9.4%-20.6%
5 Yearn/a-41.9%-51.5%13.5%-12.0%

Price Volatility Vs. Market

How volatile is AIB Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is AIB Group undervalued compared to its fair value and its price relative to the market?

0.19x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate AIBG's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate AIBG's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: AIBG is unprofitable, so we can't compare its PE Ratio to the GB Banks industry average.

PE vs Market: AIBG is unprofitable, so we can't compare its PE Ratio to the UK market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: AIBG is good value based on its PB Ratio (0.2x) compared to the GB Banks industry average (0.5x).


Next Steps

Future Growth

How is AIB Group forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?

103.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AIBG is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.2%).

Earnings vs Market: AIBG is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: AIBG's is expected to become profitable in the next 3 years.

Revenue vs Market: AIBG's revenue (4.4% per year) is forecast to grow slower than the UK market (6% per year).

High Growth Revenue: AIBG's revenue (4.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: AIBG's Return on Equity is forecast to be low in 3 years time (3.3%).


Next Steps

Past Performance

How has AIB Group performed over the past 5 years?

-23.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AIBG is currently unprofitable.

Growing Profit Margin: AIBG is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: AIBG is unprofitable, and losses have increased over the past 5 years at a rate of 23.5% per year.

Accelerating Growth: Unable to compare AIBG's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: AIBG is unprofitable, making it difficult to compare its past year earnings growth to the Banks industry (-29%).


Return on Equity

High ROE: AIBG has a negative Return on Equity (-5.06%), as it is currently unprofitable.


Next Steps

Financial Health

How is AIB Group'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: AIBG's Assets to Equity ratio (7.4x) is low.

Allowance for Bad Loans: AIBG has a low allowance for bad loans (62%).

Low Risk Liabilities: 86% of AIBG's liabilities are made up of primarily low risk sources of funding.

Loan Level: AIBG has an appropriate level of Loans to Assets ratio (58%).

Low Risk Deposits: AIBG's Loans to Deposits ratio (77%) is appropriate.

Level of Bad Loans: AIBG has a high level of bad loans (6.3%).


Next Steps

Dividend

What is AIB Group current dividend yield, its reliability and sustainability?

7.07%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate AIBG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate AIBG'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 AIBG's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if AIBG's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: AIBG is not paying a notable dividend for the UK market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of AIBG's dividend in 3 years as they are not forecast to pay a notable one for the UK market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.5yrs

Average management tenure


CEO

Colin Hunt (50 yo)

1.58yrs

Tenure

€579,168

Compensation

Dr. Colin Hunt, BComm, BComm, MEconSc, Ph.D. has been CEO and Executive Director of AIB Group Plc an Allied Irish Banks PLC since March 8, 2019. He was Managing Director of Corporate, Institutional & Busin ...


CEO Compensation Analysis

Compensation vs Market: Colin's total compensation ($USD685.16K) is below average for companies of similar size in the UK market ($USD2.07M).

Compensation vs Earnings: Insufficient data to compare Colin's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Colin Hunt
CEO & Executive Director1.58yrs€579.17k0.00083%
€ 21.6k
Tomas O'Midheach
COO, Deputy CEO & Executive Director1.58yrs€572.89k0%
€ 0
Donal Galvin
Chief Financial Officer1.58yrsno datano data
Niamh Hore
Head of Investor Relationsno datano datano data
Helen Dooley
Group Company Secretary & Group General Counsel1.5yrsno data0.00037%
€ 9.6k
Paddy McDonnell
Head of Media Relationsno datano datano data
Geraldine Casey
Chief People Officer0.75yrno datano data
Jim O'Keeffe
Managing Director of Retail Banking9.33yrsno datano data
Dave Keenan
Deputy Chief People Officer4.67yrsno datano data
Deirdre Hannigan
Chief Risk Officer3.5yrsno datano data
Donall O'Shea
Head of Real Estate Financeno datano datano data
Derek O'Shea
Head of Land & Development- AIB Real Estate Financeno datano datano data

2.5yrs

Average Tenure

50yo

Average Age

Experienced Management: AIBG's management team is considered experienced (2.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Colin Hunt
CEO & Executive Director1.58yrs€579.17k0.00083%
€ 21.6k
Tomas O'Midheach
COO, Deputy CEO & Executive Director1.58yrs€572.89k0%
€ 0
Basil Geoghegan
Independent Non-Executive Director1.08yrs€28.00k0.00036%
€ 9.4k
Brendan McDonagh
Independent Chairman0.58yr€109.00k0.00074%
€ 19.3k
Helen Normoyle
Independent Non-Executive Director4.83yrs€75.00k0.000070%
€ 1.8k
Elaine MacLean
Independent Non-Executive Director1.08yrs€26.00kno data
Carolan Lennon
Senior Independent Director0.50yr€80.00k0.00028%
€ 7.3k
Ranjit Singh
Independent Non-Executive Director1.5yrs€55.00kno data
Sandy Pritchard
Independent Non-Executive Director1.58yrs€73.00kno data
Ann O'Brien
Independent Non-Executive Director1.5yrs€51.00kno data

1.5yrs

Average Tenure

53.5yo

Average Age

Experienced Board: AIBG's board of directors are not considered experienced ( 1.5 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

AIB Group plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: AIB Group plc
  • Ticker: AIBG
  • Exchange: LSE
  • Founded: 1825
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: €2.603b
  • Shares outstanding: 2.71b
  • Website: https://group.aib.ie

Number of Employees


Location

  • AIB Group plc
  • 10 Molesworth Street
  • Dublin
  • Co. Dublin
  • 2
  • Ireland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AIBGISE (Irish Stock Exchange)YesOrdinary SharesIEEURDec 2017
AIBGLSE (London Stock Exchange)YesOrdinary SharesGBEURDec 2017
A5GDB (Deutsche Boerse AG)YesOrdinary SharesDEEURDec 2017
AIBR.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDDec 2017
AIBG.YOTCPK (Pink Sheets LLC)UNSPONSORD ADRUSUSDMar 2018

Biography

AIB Group plc provides banking and financial products and services to retail, business, and corporate customers. It operates through Retail Banking, Corporate Institutional & Business Banking, AIB UK, and ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/22 21:02
End of Day Share Price2020/10/21 00:00
Earnings2020/06/30
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.