NCBFG Stock Overview
NCB Financial Group Limited, together with its subsidiaries, provides various banking products and services primarily in Jamaica.
NCB Financial Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||JA$128.00|
|52 Week High||JA$148.49|
|52 Week Low||JA$110.00|
|1 Month Change||5.35%|
|3 Month Change||-4.46%|
|1 Year Change||-7.91%|
|3 Year Change||-11.72%|
|5 Year Change||120.69%|
|Change since IPO||1,119.05%|
Recent News & Updates
|NCBFG||JM Banks||JM Market|
Return vs Industry: NCBFG underperformed the JM Banks industry which returned -6.5% over the past year.
Return vs Market: NCBFG underperformed the JM Market which returned 5.4% over the past year.
|NCBFG Average Weekly Movement||3.6%|
|Banks Industry Average Movement||4.7%|
|Market Average Movement||8.3%|
|10% most volatile stocks in JM Market||15.8%|
|10% least volatile stocks in JM Market||4.9%|
Stable Share Price: NCBFG is less volatile than 75% of JM stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: NCBFG's weekly volatility (4%) has been stable over the past year.
About the Company
|1837||n/a||Patrick Andrew Hylton||https://www.myncb.com|
NCB Financial Group Limited, together with its subsidiaries, provides various banking products and services primarily in Jamaica. It operates through Consumer & SME Banking; Payment Services; Corporate and Commercial Banking; Treasury & Corresponding Banking; Wealth, Asset Management and Investment Banking; Life and Health Insurance & Pension Fund Management; and General Insurance segments. The Consumer & SME Banking segment provides banking services to individual, and small and medium business clients.
NCB Financial Group Fundamentals Summary
|NCBFG fundamental statistics|
Is NCBFG overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|NCBFG income statement (TTM)|
|Cost of Revenue||JA$8.79b|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||6.20|
|Net Profit Margin||11.75%|
How did NCBFG perform over the long term?See historical performance and comparison
0.4%Current Dividend Yield
Is NCB Financial Group 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: NCBFG (JMD128) is trading above our estimate of fair value (JMD41.73)
Significantly Below Fair Value: NCBFG is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: NCBFG is poor value based on its PE Ratio (20.6x) compared to the South American Banks industry average (9.4x).
PE vs Market: NCBFG is poor value based on its PE Ratio (20.6x) compared to the JM market (18.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NCBFG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NCBFG is overvalued based on its PB Ratio (1.8x) compared to the XS Banks industry average (1x).
How is NCB Financial Group 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 NCB Financial Group 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 NCB Financial Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NCBFG has high quality earnings.
Growing Profit Margin: NCBFG's current net profit margins (11.7%) are lower than last year (17.5%).
Past Earnings Growth Analysis
Earnings Trend: NCBFG's earnings have declined by 0.4% per year over the past 5 years.
Accelerating Growth: NCBFG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: NCBFG had negative earnings growth (-25.5%) over the past year, making it difficult to compare to the Banks industry average (25%).
Return on Equity
High ROE: NCBFG's Return on Equity (9.7%) is considered low.
How is NCB Financial Group'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: NCBFG's Assets to Equity ratio (9.3x) is low.
Allowance for Bad Loans: NCBFG has a low allowance for bad loans (48%).
Low Risk Liabilities: 61% of NCBFG's liabilities are made up of primarily higher risk sources of funding.
Loan Level: NCBFG has an appropriate level of Loans to Assets ratio (27%).
Low Risk Deposits: NCBFG's Loans to Deposits ratio (78%) is appropriate.
Level of Bad Loans: NCBFG has a high level of bad loans (6.1%).
What is NCB Financial Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NCBFG's dividend (0.39%) isn’t notable compared to the bottom 25% of dividend payers in the JM market (1.29%).
High Dividend: NCBFG's dividend (0.39%) is low compared to the top 25% of dividend payers in the JM market (2.88%).
Stability and Growth of Payments
Stable Dividend: NCBFG is not paying a notable dividend for the JM market, therefore no need to check if payments are stable.
Growing Dividend: NCBFG is not paying a notable dividend for the JM market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: NCBFG is not paying a notable dividend for the JM market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of NCBFG's dividend in 3 years as they are not forecast to pay a notable one for the JM market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Patrick Andrew Hylton (57 yo)
Hon. Patrick Andrew Alwyn Hylton, OJ, A.C.I.B., B.B.A., C.D LL D, Hon., serves as Chairman of National Commercial Bank Jamaica Ltd. since November 30, 2019.He has been President of NCB Financial Group Lim...
Experienced Management: NCBFG's management team is considered experienced (4.7 years average tenure).
Experienced Board: NCBFG's board of directors are considered experienced (5.3 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.
NCB Financial Group Limited's employee growth, exchange listings and data sources
- Name: NCB Financial Group Limited
- Ticker: NCBFG
- Exchange: JMSE
- Founded: 1837
- Industry: Diversified Banks
- Sector: Banks
- Implied Market Cap: JA$293.717b
- Shares outstanding: 2.29b
- Website: https://www.myncb.com
- NCB Financial Group Limited
- 32 Trafalgar Road
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/23 20:00|
|End of Day Share Price||2022/01/21 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.