BIT:BDB

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

Fundamentals

Fair value with acceptable track record.

Risks

  • Banco di Desio e della Brianza is not covered by any analysts.

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


Market Performance


7 Day Return

-0.5%

BIT:BDB

5.6%

IT Banks

1.0%

IT Market


1 Year Return

-6.6%

BIT:BDB

-11.4%

IT Banks

2.1%

IT Market

BDB outperformed the Banks industry which returned -11.4% over the past year.

BDB underperformed the Market in Italy which returned 2.1% over the past year.


Share holder returns

BDBIndustryMarket
7 Day-0.5%5.6%1.0%
30 Day-1.8%19.7%8.2%
90 Day-2.5%15.5%4.5%
1 Year-2.5%-6.6%-6.5%-11.4%6.5%2.1%
3 Year17.7%4.1%-3.4%-25.1%33.0%14.9%
5 Year-17.4%-31.1%-30.1%-58.4%12.6%-31.8%

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

Valuation

Is Banco di Desio e della Brianza undervalued based on future cash flows and its price relative to the stock market?

5.52x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Banco di Desio e della Brianza's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Banco di Desio e della Brianza's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Banco di Desio e della Brianza is good value based on earnings compared to the IT Banks industry average.

Banco di Desio e della Brianza is good value based on earnings compared to the Italy market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Banco di Desio e della Brianza, we can't assess if its growth is good value.


Price Based on Value of Assets

Banco di Desio e della Brianza is good value based on assets compared to the IT Banks industry average.


Next Steps

Future Growth

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

7.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Banco di Desio e della Brianza is high growth as no revenue estimate data is available.

Banco di Desio e della Brianza's earnings are expected to grow by 7.6% yearly, however this is not considered high growth (20% yearly).

Unable to compare Banco di Desio e della Brianza's revenue growth to the Italy market average as no estimate data is available.

Banco di Desio e della Brianza's earnings growth is positive but not above the Italy market average.

Banco di Desio e della Brianza's earnings growth is expected to exceed the low risk savings rate of 2.9%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Banco di Desio e della Brianza will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

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

2.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Banco di Desio e della Brianza's year on year earnings growth rate has been positive over the past 5 years.

Banco di Desio e della Brianza's 1-year earnings growth exceeds its 5-year average (15.3% vs 2.4%)

Banco di Desio e della Brianza's earnings growth has exceeded the IT Banks industry average in the past year (15.3% vs 6.8%).


Return on Equity

Banco di Desio e della Brianza has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Banco di Desio e della Brianza used its assets less efficiently than the IT Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Banco di Desio e della Brianza improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


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

Information is not available.

Information is not available.


Financial Institutions Analysis

Banco di Desio e della Brianza has an acceptable proportion of non-loan assets held.

Banco di Desio e della Brianza has a low allowance for bad loans.

Banco di Desio e della Brianza's liabilities are made up of primarily low risk sources of funding.

Banco di Desio e della Brianza's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).

Banco di Desio e della Brianza has advanced significantly more loans than the customer deposits it holds (i.e. bank has borrowed additional funds to lend).

Banco di Desio e della Brianza has a high level of bad loans (greater than 2%).


Next Steps

Dividend

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

4.38%

Current Dividend Yield


Dividend Yield and Payments Analysis

Banco di Desio e della Brianza's pays a higher dividend yield than the bottom 25% of dividend payers in Italy (2.02%).

Banco di Desio e della Brianza's dividend is above the markets top 25% of dividend payers in Italy (4.31%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have fallen over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (4.1x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Banco di Desio e della Brianza's salary, the management and board of directors tenure and is there insider trading?

2.4yrs

Average board tenure


CEO

Angelo Antoniazzi (57yo)

2.2yrs

Tenure

0

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 Age and Tenure

2.4yrs

Average Tenure

59yo

Average Age

The average tenure for the Banco di Desio e della Brianza board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Mauro Colombo

    CFO, Senior Deputy GM & Financial Reporting Manager

    • Tenure: 2.7yrs
  • Angelo Antoniazzi (57yo)

    General Manager

    • Tenure: 2.2yrs
  • Giorgio Rossin

    Investor Relations

    • Tenure: 0yrs
  • Maurizio Ballabio

    Deputy GM of Corporate Affairs & Chief Commercial Officer

    • Tenure: 0yrs

Board Members

  • Stefano Lado (59yo)

    Chairman of the Board

    • Tenure: 2.4yrs
    • Compensation: €255.10k
  • Paolo Gavazzi

    Director

    • Tenure: 0yrs
    • Compensation: €104.50k
  • Gerolamo Pellicanò (70yo)

    Director

    • Tenure: 17.4yrs
    • Compensation: €94.80k
  • Agostino Gavazzi (74yo)

    Director

    • Tenure: 17.7yrs
    • Compensation: €664.50k
  • Egidio Gavazzi

    Director

    • Tenure: 0yrs
    • Compensation: €105.10k
  • Marina Brogi (52yo)

    Independent Director

    • Tenure: 2.4yrs
    • Compensation: €28.96k
  • Tommaso Cartone (77yo)

    Vice Chairman of the Board

    • Tenure: 2.4yrs
    • Compensation: €1.09m
  • Giulia Pusterla (59yo)

    Chairman of Board of Statutory Auditors

    • Tenure: 2.4yrs
    • Compensation: €71.85k
  • Cristina Mahne (54yo)

    Director

    • Tenure: 6.3yrs
    • Compensation: €93.60k
  • Nicolò Dubini

    Director

    • Tenure: 2.4yrs

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: BDB
  • Exchange: BIT
  • Founded: 1909
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: €260.009m
  • 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
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 ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/15 20:40
End of Day Share Price2019/09/13 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.