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Housing Bank for Trade and Finance

Market Cap

د.أ1.2b

Last Updated

2021/09/16 15:26 UTC

Data Sources

Company Financials

Executive Summary

The Housing Bank for Trade and Finance provides various banking and financial products and services. More Details


Snowflake Analysis

Excellent balance sheet with poor track record.

Share Price & News

How has Housing Bank for Trade and Finance's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: THBK is not significantly more volatile than the rest of JO stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: THBK's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

1.1%

THBK

-0.06%

JO Banks

-0.2%

JO Market


1 Year Return

9.7%

THBK

20.0%

JO Banks

36.7%

JO Market

Return vs Industry: THBK underperformed the JO Banks industry which returned 20% over the past year.

Return vs Market: THBK underperformed the JO Market which returned 36.7% over the past year.


Shareholder returns

THBKIndustryMarket
7 Day1.1%-0.06%-0.2%
30 Day2.4%2.6%3.4%
90 Day-16.2%-5.4%-6.0%
1 Year14.7%9.7%25.1%20.0%40.9%36.7%
3 Year-52.1%-54.1%-14.3%-21.9%11.1%0.6%
5 Year-43.1%-48.3%-5.1%-21.5%17.7%-2.8%

Long-Term Price Volatility Vs. Market

How volatile is Housing Bank for Trade and Finance's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Housing Bank for Trade and Finance undervalued compared to its fair value and its price relative to the market?

20.11x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: THBK is poor value based on its PE Ratio (20.1x) compared to the JO Banks industry average (15.2x).

PE vs Market: THBK is poor value based on its PE Ratio (20.1x) compared to the JO market (13.3x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: THBK is overvalued based on its PB Ratio (1.1x) compared to the JO Banks industry average (0.8x).


Future Growth

How is Housing Bank for Trade and Finance forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

11.0%

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 Housing Bank for Trade and Finance 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.


Past Performance

How has Housing Bank for Trade and Finance performed over the past 5 years?

-19.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: THBK has high quality earnings.

Growing Profit Margin: THBK's current net profit margins (23.3%) are lower than last year (24.1%).


Past Earnings Growth Analysis

Earnings Trend: THBK's earnings have declined by 19.8% per year over the past 5 years.

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

Earnings vs Industry: THBK had negative earnings growth (-14.1%) over the past year, making it difficult to compare to the Banks industry average (-14.1%).


Return on Equity

High ROE: THBK's Return on Equity (5.9%) is considered low.


Financial Health

How is Housing Bank for Trade and Finance'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: THBK's Assets to Equity ratio (7.1x) is low.

Allowance for Bad Loans: THBK has a sufficient allowance for bad loans (178%).

Low Risk Liabilities: 87% of THBK's liabilities are made up of primarily low risk sources of funding.

Loan Level: THBK has an appropriate level of Loans to Assets ratio (51%).

Low Risk Deposits: THBK's Loans to Deposits ratio (69%) is appropriate.

Level of Bad Loans: THBK has a high level of bad loans (5.2%).


Dividend

What is Housing Bank for Trade and Finance current dividend yield, its reliability and sustainability?

2.86%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: THBK's dividend (2.86%) isn’t notable compared to the bottom 25% of dividend payers in the JO market (3.53%).

High Dividend: THBK's dividend (2.86%) is low compared to the top 25% of dividend payers in the JO market (6.82%).


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (57.6%), THBK'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?

4.0yrs

Average management tenure


CEO

Ammar Al-Safadi (54 yo)

2.75yrs

Tenure

د.أ933,284

Compensation

Mr. Ammar Bashir Al-Safadi has been the General Manager and Chief Executive Officer at Housing Bank for Trade and Finance since December 9, 2018. Mr. Safadi has experience in the field of banking and finan...


CEO Compensation Analysis

Compensation vs Market: Ammar's total compensation ($USD1.32M) is above average for companies of similar size in the JO market ($USD420.10K).

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


Leadership Team

Experienced Management: THBK's management team is considered experienced (4 years average tenure).


Board Members

Experienced Board: THBK's board of directors are considered experienced (4.4 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

The Housing Bank for Trade and Finance's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: The Housing Bank for Trade and Finance
  • Ticker: THBK
  • Exchange: ASE
  • Founded: 1973
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: د.أ1.210b
  • Shares outstanding: 315.00m
  • Website: https://www.hbtf.com

Number of Employees


Location

  • The Housing Bank for Trade and Finance
  • Al -Shumaysani -Prince Shaker Bin Zaid street
  • PO Box 7693
  • Amman
  • 11118
  • Jordan

Listings


Biography

The Housing Bank for Trade and Finance provides various banking and financial products and services. It operates through Retail Banking, Corporate, Corporate Finance, and Treasury segments. The Retail Bank...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/16 15:26
End of Day Share Price2021/09/16 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.