| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 4/6 |
| Dividends | 2/6 |
HSB Stock Overview
HSBC Bank Malta p.l.c., together with its subsidiaries, provides various banking and related financial services in Malta.
HSBC Bank Malta Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | €0.78 |
| 52 Week High | €0.99 |
| 52 Week Low | €0.76 |
| Beta | 0.40 |
| 1 Month Change | -6.02% |
| 3 Month Change | -14.29% |
| 1 Year Change | -1.27% |
| 3 Year Change | -54.12% |
| 5 Year Change | -60.61% |
| Change since IPO | 165.65% |
Recent News & Updates
Shareholder Returns
| HSB | MT Banks | MT Market | |
|---|---|---|---|
| 7D | -4.3% | 4.5% | 0.6% |
| 1Y | -1.3% | -9.3% | -5.7% |
Return vs Industry: HSB exceeded the MT Banks industry which returned -11.4% over the past year.
Return vs Market: HSB exceeded the MT Market which returned -5.4% over the past year.
Price Volatility
| HSB volatility | |
|---|---|
| HSB Average Weekly Movement | 7.9% |
| Banks Industry Average Movement | 5.7% |
| Market Average Movement | 6.5% |
| 10% most volatile stocks in MT Market | 12.0% |
| 10% least volatile stocks in MT Market | 3.6% |
Stable Share Price: HSB is not significantly more volatile than the rest of MT stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: HSB's weekly volatility (8%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1975 | 971 | Simon Johnson | https://www.hsbc.com.mt |
HSBC Bank Malta p.l.c., together with its subsidiaries, provides various banking and related financial services in Malta. The company operates through two segments, Wealth and Personal Banking and Commercial Banking. The company offers personal banking products, including current, student, term deposit, and savings accounts; foreign exchange services, home loan drawings, personal bank guarantees, and payment and transfer services; various investment and pension products; and personal, car, home improvements, student, and green loans, as well as overdrafts.
HSBC Bank Malta Fundamentals Summary
| HSB fundamental statistics | |
|---|---|
| Market Cap | €281.04m |
| Earnings (TTM) | €17.76m |
| Revenue (TTM) | €132.29m |
15.8x
P/E Ratio0.6x
P/B RatioIs HSB overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| HSB income statement (TTM) | |
|---|---|
| Revenue | €132.29m |
| Cost of Revenue | €0 |
| Gross Profit | €132.29m |
| Other Expenses | €114.53m |
| Earnings | €17.76m |
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.049 |
| Gross Margin | 100.00% |
| Net Profit Margin | 13.42% |
| Debt/Equity Ratio | 25.8% |
How did HSB perform over the long term?
See historical performance and comparisonDividends
4.4%
Current Dividend Yield69%
Payout RatioValuation
Is HSBC Bank Malta undervalued compared to its fair value and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry
5.0%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: HSB (€0.78) is trading below our estimate of fair value (€0.82)
Significantly Below Fair Value: HSB is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: HSB is poor value based on its PE Ratio (15.8x) compared to the European Banks industry average (9.4x).
PE vs Market: HSB is good value based on its PE Ratio (15.8x) compared to the MT market (24.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate HSB's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: HSB's PB Ratio (0.6x) is in line with the XE Banks industry average.
Future Growth
How is HSBC Bank Malta forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
10.7%
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 HSBC Bank Malta 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 HSBC Bank Malta performed over the past 5 years?
Past Performance Score
4/6Past Performance Score 4/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-22.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HSB has high quality earnings.
Growing Profit Margin: HSB's current net profit margins (13.4%) are higher than last year (7%).
Past Earnings Growth Analysis
Earnings Trend: HSB's earnings have declined by 22.5% per year over the past 5 years.
Accelerating Growth: HSB's earnings growth over the past year (134.5%) exceeds its 5-year average (-22.5% per year).
Earnings vs Industry: HSB earnings growth over the past year (134.5%) exceeded the Banks industry 35.9%.
Return on Equity
High ROE: HSB's Return on Equity (3.6%) is considered low.
Financial Health
How is HSBC Bank Malta's financial position? (This company is analysed differently as a bank or financial institution)
Financial Health Score
4/6Financial Health Score 4/6
Asset Level
Allowance for Bad Loans
Low Risk Liabilities
Loan Level
Low Risk Deposits
Level of Bad Loans
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: HSB's Assets to Equity ratio (14.7x) is moderate.
Allowance for Bad Loans: HSB has a low allowance for bad loans (34%).
Low Risk Liabilities: 84% of HSB's liabilities are made up of primarily low risk sources of funding.
Loan Level: HSB has an appropriate level of Loans to Assets ratio (48%).
Low Risk Deposits: HSB's Loans to Deposits ratio (61%) is appropriate.
Level of Bad Loans: HSB has a high level of bad loans (4.8%).
Dividend
What is HSBC Bank Malta current dividend yield, its reliability and sustainability?
Dividend Score
2/6Dividend Score 2/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
4.38%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HSB's dividend (4.38%) is higher than the bottom 25% of dividend payers in the MT market (2.48%).
High Dividend: HSB's dividend (4.38%) is low compared to the top 25% of dividend payers in the MT market (5.63%).
Stability and Growth of Payments
Stable Dividend: HSB's dividend payments have been volatile in the past 10 years.
Growing Dividend: HSB's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (69.4%), HSB'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 or that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.6yrs
Average management tenure
CEO
Simon Johnson
2.17yrs
Tenure
€812,050
Compensation
Mr. Simon Vaughan Johnson has been Chief Executive Officer of HSBC Bank Malta Plc since March 2020 and its Executive Director since July 6, 2020. Mr. Johnson serves as Chief Executive Officer of HSBC Kuwai...
CEO Compensation Analysis
Compensation vs Market: Simon's total compensation ($USD855.33K) is above average for companies of similar size in the MT market ($USD523.19K).
Compensation vs Earnings: Simon's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: HSB's management team is considered experienced (3.6 years average tenure).
Board Members
Experienced Board: HSB's board of directors are considered experienced (3.1 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
HSBC Bank Malta p.l.c.'s employee growth, exchange listings and data sources
Key Information
- Name: HSBC Bank Malta p.l.c.
- Ticker: HSB
- Exchange: MTSE
- Founded: 1975
- Industry: Diversified Banks
- Sector: Banks
- Implied Market Cap: €281.039m
- Shares outstanding: 360.31m
- Website: https://www.hsbc.com.mt
Number of Employees
Location
- HSBC Bank Malta p.l.c.
- 116 Archbishop Street
- Valletta
- 1444
- Malta
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/05/17 00:00 |
| End of Day Share Price | 2022/05/17 00:00 |
| Earnings | 2021/12/31 |
| Annual Earnings | 2021/12/31 |
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.