BIT:BDB

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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 in Italy. More Details


Snowflake Analysis

Mediocre balance sheet unattractive dividend payer.

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: BDB has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-6.1%

BDB

-5.4%

IT Banks

-2.9%

IT Market


1 Year Return

4.1%

BDB

-23.0%

IT Banks

-15.1%

IT Market

Return vs Industry: BDB exceeded the Italian Banks industry which returned -23% over the past year.

Return vs Market: BDB exceeded the Italian Market which returned -15.1% over the past year.


Shareholder returns

BDBIndustryMarket
7 Day-6.1%-5.4%-2.9%
30 Day-11.5%-12.2%-4.9%
90 Day-6.9%-2.6%-1.2%
1 Year4.1%4.1%-22.7%-23.0%-13.0%-15.1%
3 Year-11.0%-18.7%-41.5%-45.7%-13.4%-21.2%
5 Year-22.0%-33.4%-51.2%-68.7%-3.8%-25.7%

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 compared to its fair value and its price relative to the market?

10.62x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: BDB (€2.01) is trading above our estimate of fair value (€1.28)

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


Price To Earnings Ratio

PE vs Industry: BDB is poor value based on its PE Ratio (10.6x) compared to the IT Banks industry average (8x).

PE vs Market: BDB is good value based on its PE Ratio (10.6x) compared to the Italian market (16.3x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: BDB's PB Ratio (0.3x) is in line with the IT Banks industry average.


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?

28.0%

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?

4.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BDB has a large one-off loss of €9.2M impacting its June 30 2020 financial results.

Growing Profit Margin: BDB's current net profit margins (8.3%) are lower than last year (13.7%).


Past Earnings Growth Analysis

Earnings Trend: BDB's earnings have grown by 4.4% per year over the past 5 years.

Accelerating Growth: BDB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: BDB had negative earnings growth (-41.8%) over the past year, making it difficult to compare to the Banks industry average (13.9%).


Return on Equity

High ROE: BDB's Return on Equity (2.7%) is considered low.


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


Financial Institutions Analysis

Asset Level: BDB's Assets to Equity ratio (15.5x) is moderate.

Allowance for Bad Loans: BDB has a low allowance for bad loans (57%).

Low Risk Liabilities: 69% of BDB's liabilities are made up of primarily low risk sources of funding.

Loan Level: BDB has an appropriate level of Loans to Assets ratio (84%).

Low Risk Deposits: BDB's Loans to Deposits ratio (130%) is high.

Level of Bad Loans: BDB has a high level of bad loans (4.9%).


Next Steps

Dividend

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

5.15%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BDB's dividend (5.15%) is higher than the bottom 25% of dividend payers in the Italian market (1.65%).

High Dividend: BDB's dividend (5.15%) is low compared to the top 25% of dividend payers in the Italian market (5.44%).


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (54.7%), BDB's dividend payments are 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?

3.4yrs

Average board tenure


CEO

Alessandro Decio

0.67

Tenure

Alessandro Decio serves as Chief Executive Officer at Banco di Desio e della Brianza SpA since 2020 and serves as its Director since 2020.


Board Members

NamePositionTenureCompensationOwnership
Alessandro Decio
CEO & Director0.67yrno datano data
Stefano Lado
Chairman of the Board3.42yrs€255.10kno data
Agostino Gavazzi
Director18.67yrs€664.50kno data
Egidio Gavazzi
Director12.42yrs€105.10kno data
Tommaso Cartone
Vice Chairman of the Board3.42yrs€1.09mno data
Giulia Pusterla
Director0.67yr€71.85kno data
Christina Mahne
Director7.33yrs€93.60kno data
Graziella Bologna
Director6.42yrs€105.10kno data
Tito Gavazzi
Director6.42yrs€105.10kno data
Laura Tulli
Director0.67yrno datano data
Valentina Carla Casella
Director1.5yrsno datano data
Ulrico Dragoni
Director0.67yrno datano data

3.4yrs

Average Tenure

63yo

Average Age

Experienced Board: BDB's board of directors are considered experienced (3.4 years average tenure).


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: BDB
  • Exchange: BIT
  • Founded: 1909
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: €273.386m
  • 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
  • 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 in Italy. The company was founded in 1909 and is based in Desio, Italy.


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/26 03:55
End of Day Share Price2020/09/25 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.