Republic Bank (Ghana) Limited provides investment banking, corporate banking, retail banking, mortgage banking, asset management, and property management and development services in Ghana.
Republic Bank (Ghana) Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||GH₵0.52|
|52 Week High||GH₵0|
|52 Week Low||GH₵0|
|1 Month Change||15.56%|
|3 Month Change||15.56%|
|1 Year Change||26.83%|
|3 Year Change||-59.06%|
|5 Year Change||-35.00%|
|Change since IPO||4,542.86%|
Recent News & Updates
|RBGH||GH Mortgage||GH Market|
Return vs Industry: RBGH exceeded the GH Mortgage industry which returned 14.1% over the past year.
Return vs Market: RBGH underperformed the GH Market which returned 65.7% over the past year.
Stable Share Price: Insufficient data to determine RBGH's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine RBGH's volatility change over the past year.
About the Company
Republic Bank (Ghana) Limited provides investment banking, corporate banking, retail banking, mortgage banking, asset management, and property management and development services in Ghana. The company operates through four segments: Retail Banking, Mortgage Banking, Corporate Banking, and Microfinance Banking. It offers savings and current account; deposit products; rent advance, auto, personal, consumer, and home loans; investment banking services, including asset management, financial advisory, brokerage, and managed funds services; private banking services; corporate banking services, such as working capital finance, capital expenditure/asset financing, structured trade finance, bank guarantees, and project financing services; and institutional banking services.
Republic Bank (Ghana) Fundamentals Summary
|RBGH fundamental statistics|
Is RBGH overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|RBGH income statement (TTM)|
|Cost of Revenue||GH₵3.82m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.09|
|Net Profit Margin||21.00%|
How did RBGH perform over the long term?See historical performance and comparison
Is Republic Bank (Ghana) 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: RBGH (GHS0.52) is trading above our estimate of fair value (GHS0.05)
Significantly Below Fair Value: RBGH is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: RBGH is good value based on its PE Ratio (5.8x) compared to the Global Mortgage industry average (12.2x).
PE vs Market: RBGH is poor value based on its PE Ratio (5.8x) compared to the GH market (5.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate RBGH's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: RBGH is good value based on its PB Ratio (0.7x) compared to the XF Mortgage industry average (1x).
How is Republic Bank (Ghana) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Republic Bank (Ghana) 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.
How has Republic Bank (Ghana) performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RBGH has high quality earnings.
Growing Profit Margin: RBGH's current net profit margins (21%) are higher than last year (20.2%).
Past Earnings Growth Analysis
Earnings Trend: RBGH has become profitable over the past 5 years, growing earnings by 51.1% per year.
Accelerating Growth: RBGH's earnings growth over the past year (18.2%) is below its 5-year average (51.1% per year).
Earnings vs Industry: RBGH earnings growth over the past year (18.2%) underperformed the Mortgage industry 28.3%.
Return on Equity
High ROE: RBGH's Return on Equity (11.4%) is considered low.
How is Republic Bank (Ghana)'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: RBGH's Assets to Equity ratio (5.5x) is low.
Allowance for Bad Loans: RBGH has a low allowance for bad loans (50%).
Low Risk Liabilities: 91% of RBGH's liabilities are made up of primarily low risk sources of funding.
Loan Level: RBGH has an appropriate level of Loans to Assets ratio (42%).
Low Risk Deposits: RBGH's Loans to Deposits ratio (56%) is appropriate.
Level of Bad Loans: RBGH has a high level of bad loans (19.2%).
What is Republic Bank (Ghana) current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate RBGH's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate RBGH'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 RBGH's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if RBGH's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: RBGH is not paying a notable dividend for the GH market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of RBGH's dividend in 3 years as they are not forecast to pay a notable one for the GH market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Farid Antar (58 yo)
Mr. Farid Antar, ACIB, ACIS, SOBMM has been Director of Republic Bank (Ghana) Ltd. since April 2019 and has been its Managing Director since May 02, 2019. Mr. Antar served as Chief Risk Officer of Republic...
Experienced Management: RBGH's management team is considered experienced (2.3 years average tenure).
Experienced Board: RBGH's board of directors are considered experienced (4.5 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.
Republic Bank (Ghana) Limited's employee growth, exchange listings and data sources
- Name: Republic Bank (Ghana) Limited
- Ticker: RBGH
- Exchange: GHSE
- Founded: 1990
- Industry: Thrifts and Mortgage Finance
- Sector: Banks
- Market Cap: GH₵443.023m
- Shares outstanding: 851.97m
- Website: https://www.republicghana.com
Number of Employees
- Republic Bank (Ghana) Limited
- No. 35, Sixth Avenue
- North Ridge
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/20 17:04|
|End of Day Share Price||2021/10/14 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.