BOV Stock Overview
Bank of Valletta p.l.c. provides banking, financial, and investment products and services in Malta.
Price History & Performance
|Historical stock prices|
|Current Share Price||€0.85|
|52 Week High||€1.08|
|52 Week Low||€0.81|
|1 Month Change||-2.30%|
|3 Month Change||-4.49%|
|1 Year Change||-20.56%|
|3 Year Change||-29.17%|
|5 Year Change||-55.84%|
|Change since IPO||208.57%|
Recent News & Updates
Is Bank of Valletta p.l.c.'s (MTSE:BOV) 2.8% Dividend Worth Your Time?
Could Bank of Valletta p.l.c. ( MTSE:BOV ) be an attractive dividend share to own for the long haul? Investors are...
Reflecting on Bank of Valletta's (MTSE:BOV) Share Price Returns Over The Last Five Years
Bank of Valletta p.l.c. ( MTSE:BOV ) shareholders should be happy to see the share price up 13% in the last quarter...
|BOV||MT Banks||MT Market|
Return vs Industry: BOV underperformed the MT Banks industry which returned 18.3% over the past year.
Return vs Market: BOV underperformed the MT Market which returned -7.7% over the past year.
|BOV Average Weekly Movement||4.2%|
|Banks Industry Average Movement||3.7%|
|Market Average Movement||4.9%|
|10% most volatile stocks in MT Market||9.8%|
|10% least volatile stocks in MT Market||2.6%|
Stable Share Price: BOV is not significantly more volatile than the rest of MT stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: BOV's weekly volatility (4%) has been stable over the past year.
About the Company
Bank of Valletta p.l.c. provides banking, financial, and investment products and services in Malta. The company operates through Personal Banking & Wealth Management, Corporate Banking, Proprietary Investments, and Liquidity Management segments. It offers call, current, reserve cheque, savings, term deposit, term ISA, and young savers accounts, as well as eAccounts; home loans, personal loans, motor loans, boat and yacht financing products, education loans, budget accounts, and overdraft accounts; life insurance and retirement products; various cards, including contactless, debit, credit, prepaid, and charge cards; and safe keeping services.
Bank of Valletta Fundamentals Summary
|BOV fundamental statistics|
Is BOV overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|BOV income statement (TTM)|
|Cost of Revenue||€0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.04|
|Net Profit Margin||12.72%|
How did BOV perform over the long term?See historical performance and comparison
Is Bank of Valletta undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BOV (€0.85) is trading below our estimate of fair value (€1.02)
Significantly Below Fair Value: BOV is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: BOV is poor value based on its PE Ratio (21.4x) compared to the European Banks industry average (10.4x).
PE vs Market: BOV is good value based on its PE Ratio (21.4x) compared to the MT market (23.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BOV's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BOV is good value based on its PB Ratio (0.5x) compared to the XE Banks industry average (0.7x).
How is Bank of Valletta 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 Bank of Valletta 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 Bank of Valletta performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BOV has a large one-off gain of €8.6M impacting its June 30 2021 financial results.
Growing Profit Margin: BOV's current net profit margins (12.7%) are lower than last year (15%).
Past Earnings Growth Analysis
Earnings Trend: BOV's earnings have declined by 26.3% per year over the past 5 years.
Accelerating Growth: BOV's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BOV had negative earnings growth (-34.6%) over the past year, making it difficult to compare to the Banks industry average (38%).
Return on Equity
High ROE: BOV's Return on Equity (2.1%) is considered low.
How is Bank of Valletta'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: BOV's Assets to Equity ratio (12.5x) is moderate.
Allowance for Bad Loans: BOV has a low allowance for bad loans (63%).
Low Risk Liabilities: 91% of BOV's liabilities are made up of primarily low risk sources of funding.
Loan Level: BOV has an appropriate level of Loans to Assets ratio (39%).
Low Risk Deposits: BOV's Loans to Deposits ratio (46%) is appropriate.
Level of Bad Loans: BOV has a high level of bad loans (5%).
What is Bank of Valletta current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BOV's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BOV's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if BOV's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BOV's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: BOV is not paying a notable dividend for the MT market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BOV's dividend in 3 years as they are not forecast to pay a notable one for the MT market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Rick David Hunkin, also known as Ricky, has been Chief Executive Officer and Director of Bank of Valletta Plc since January 1, 2020 and serves as its Member of Executive Committee. Mr. Hunkin served as...
CEO Compensation Analysis
Compensation vs Market: Ricky's total compensation ($USD518.17K) is about average for companies of similar size in the MT market ($USD651.26K).
Compensation vs Earnings: Insufficient data to compare Ricky's compensation with company performance.
Experienced Management: BOV's management team is seasoned and experienced (7.1 years average tenure).
Experienced Board: BOV's board of directors are considered experienced (3.2 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.
Bank of Valletta p.l.c.'s employee growth, exchange listings and data sources
- Name: Bank of Valletta p.l.c.
- Ticker: BOV
- Exchange: MTSE
- Founded: 1974
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: €496.272m
- Shares outstanding: 583.85m
- Website: https://www.bov.com
Number of Employees
- Bank of Valletta p.l.c.
- 58, Triq San Zakkarija
- VLT 1130
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/12/06 21:43|
|End of Day Share Price||2021/12/06 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.