BDB:BYB

Stock Analysis Report

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Executive Summary

Byblos Bank S.A.L., together with its subsidiaries, provides a range of banking services in Lebanon, Europe, and internationally.


Snowflake Analysis

Adequate balance sheet average dividend payer.

Share Price & News

How has Byblos BankL's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BYB's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-6.3%

BYB

5.1%

LB Banks

-0.4%

LB Market


1 Year Return

-52.0%

BYB

-12.8%

LB Banks

-36.9%

LB Market

Return vs Industry: BYB underperformed the LB Banks industry which returned -12.8% over the past year.

Return vs Market: BYB underperformed the LB Market which returned -36.9% over the past year.


Shareholder returns

BYBIndustryMarket
7 Day-6.3%5.1%-0.4%
30 Day-20.0%5.4%-11.3%
90 Day-31.8%-6.9%-4.3%
1 Year-52.0%-52.0%-9.5%-12.8%-36.8%-36.9%
3 Year-54.9%-63.0%0.005%-10.7%-51.0%-58.9%
5 Year-46.5%-62.5%-1.1%-19.0%-45.0%-58.4%

Price Volatility Vs. Market

How volatile is Byblos BankL's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Byblos BankL undervalued compared to its fair value and its price relative to the market?

2.94x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: BYB is good value based on its PE Ratio (2.9x) compared to the Banks industry average (8.3x).

PE vs Market: BYB is good value based on its PE Ratio (2.9x) compared to the LB market (5x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: BYB is good value based on its PB Ratio (0.3x) compared to the XA Banks industry average (0.6x).


Next Steps

Future Growth

How is Byblos BankL forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

8.2%

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 Byblos BankL 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 Byblos BankL performed over the past 5 years?

0.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BYB has high quality earnings.

Growing Profit Margin: BYB's current net profit margins (26.4%) are lower than last year (30.2%).


Past Earnings Growth Analysis

Earnings Trend: BYB's earnings have grown by 0.7% per year over the past 5 years.

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

Earnings vs Industry: BYB had negative earnings growth (-12.1%) over the past year, making it difficult to compare to the Banks industry average (3.9%).


Return on Equity

High ROE: BYB's Return on Equity (8.4%) is considered low.


Next Steps

Financial Health

How is Byblos BankL'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: BYB's Assets to Equity ratio (13.7x) is moderate.

Allowance for Bad Loans: BYB has a low allowance for bad loans (78%).

Low Risk Liabilities: 78% of BYB's liabilities are made up of primarily low risk sources of funding.

Loan Level: BYB has an appropriate level of Loans to Assets ratio (21%).

Low Risk Deposits: BYB's Loans to Deposits ratio (29%) is appropriate.

Level of Bad Loans: BYB has a high level of bad loans (4.6%).


Next Steps

Dividend

What is Byblos BankL's current dividend yield, its reliability and sustainability?

23.41%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BYB's dividend (23.41%) is higher than the bottom 25% of dividend payers in the LB market (7.13%).

High Dividend: BYB's dividend (23.41%) is low compared to the top 25% of dividend payers in the LB market (29.54%).


Stability and Growth of Payments

Stable Dividend: BYB's dividends per share have been stable in the past 10 years.

Growing Dividend: BYB's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (68.9%), BYB'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?

6.1yrs

Average management tenure


CEO

Semaan Bassil (54yo)

20.42yrs

Tenure

Semaan F. Bassil holds Bachelor of Arts in Business, with a minor in Finance, from Boston University in the US and a Masters’ Degree in Business administration and Management from Cambridge University in t ...


Leadership Team

NamePositionTenureCompensationOwnership
Semaan Bassil
Chairman & General Manager20.42yrsno datano data
Ziad El Zoghbi
Head of Group Finance & Administration Divisionno datano datano data
Paul Chammas
Head of Group Operations Division4.92yrsno datano data
John Massaad
Head of Group Technology Servicesno datano datano data
Marwan Moharram
Deputy GMno datano datano data
Adel Zeidan
Head of Group Legal Supportno datano datano data
Nada Tawil
Head of Group Communication2.08yrsno datano data
Fadi Hayek
Head of Group Human Resources Division7.33yrsno datano data
Alain Wanna
Deputy GM and Head of Group Financial Markets & Financial Institutionsno datano datano data
Fadi Nassar
Deputy GM & Head of Group Commercial Banking Divisionno datano datano data

6.1yrs

Average Tenure

Experienced Management: BYB's management team is seasoned and experienced (6.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Semaan Bassil
Chairman & General Manager20.42yrsno datano data
Henry Tawfiq Azzam
Director8.17yrsno datano data
Des O'Shea
Director6.42yrsno datano data
Yves Jacquot
Director5.08yrsno datano data
François Bassil
Director4.92yrsno data8.66% LBP29.3m
Ahmad Tabbarah
Director21.42yrsno datano data
Bassam Nassar
Director28.42yrsno datano data
Faisal Ali El Tabsh
Director20.42yrsno datano data
Alain Tohmé
Director9.08yrsno datano data
Guy Quaden
Director8.17yrsno datano data

8.2yrs

Average Tenure

66.5yo

Average Age

Experienced Board: BYB's board of directors are considered experienced (8.2 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

Byblos Bank S.A.L.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Byblos Bank S.A.L.
  • Ticker: BYB
  • Exchange: BDB
  • Founded: 1950
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: US$337.951m
  • Shares outstanding: 563.25m
  • Website: https://www.byblosbank.com

Number of Employees


Location

  • Byblos Bank S.A.L.
  • Byblos Bank Tower
  • Elias Sarkis Avenue
  • Beirut
  • Lebanon

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BYBBDB (Bourse de Beyrouth)YesOrdinary SharesLBUSDOct 1996
BYBLSE (London Stock Exchange)SPON GDR REG SGBUSDApr 2009
BYBDRBDB (Bourse de Beyrouth)SPON GDR REG SLBUSDApr 2009
BYB09BDB (Bourse de Beyrouth)LBP1210 PRF CLASS 2009LBUSDJan 2010

Biography

Byblos Bank S.A.L., together with its subsidiaries, provides a range of banking services in Lebanon, Europe, and internationally. It operates through three segments: Retail Banking, Corporate Banking, and Treasury and Capital Markets. The Retail Banking segment provides deposits, housing loans, consumer loans, credit cards, fund transfers, foreign exchange, and other branch related services to individuals. The Corporate Banking segment offers a range of products and services to corporate and institutional customers, such as loans and other credit facilities, deposits and current accounts, and trade finance; and engages in foreign exchange operations. The Treasury and Capital Markets segment is involved in the liquidity management and market risk activities; and provision of treasury and investment products and services to investors and other institutional customers. The company also offers insurance products, including life, fire, general accident, medical coverage, and others to individual and institutional clients; bancassurance services; and investment banking services, as well as project finance and syndication, letters of credit, letters of guarantee, and documentary collection services. The company was formerly known as Société Bancaire Agricole Byblos Bassil Frères & Co. and changed its name to Byblos Bank S.A.L. in 1963. Byblos Bank S.A.L. was founded in 1950 and is headquartered in Beirut, Lebanon. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/06 20:12
End of Day Share Price2020/06/04 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.