OB:BRA

Stock Analysis Report

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Executive Summary

BRAbank ASA New provides various banking products and services in the Nordic region. More Details


Snowflake Analysis

Solid track record and good value.

Share Price & News

How has BRAbank New's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BRA is not significantly more volatile than the rest of Norwegian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: Insufficient data to determine BRA's volatility change over the past year.


Market Performance


7 Day Return

1.3%

BRA

6.2%

NO Banks

2.8%

NO Market


1 Year Return

n/a

BRA

26.4%

NO Banks

26.2%

NO Market

Return vs Industry: Insufficient data to determine how BRA performed against the Norwegian Banks industry.

Return vs Market: Insufficient data to determine how BRA performed against the Norwegian Market.


Shareholder returns

BRAIndustryMarket
7 Day1.3%6.2%2.8%
30 Day27.0%4.4%2.7%
90 Day11.4%12.4%12.4%
1 Yearn/a32.3%26.4%31.1%26.2%
3 Year-34.4%-34.4%30.8%14.2%19.3%5.5%
5 Yearn/a118.8%74.5%78.7%44.1%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is BRAbank New undervalued compared to its fair value and its price relative to the market?

43.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BRA (NOK8) is trading below our estimate of fair value (NOK14.06)

Significantly Below Fair Value: BRA is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: BRA is good value based on its PE Ratio (2x) compared to the NO Banks industry average (10.6x).

PE vs Market: BRA is good value based on its PE Ratio (2x) compared to the Norwegian market (14.7x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: BRA's PB Ratio (0.6x) is in line with the NO Banks industry average.


Next Steps

Future Growth

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

30.1%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if BRA's forecast earnings growth is above the savings rate (1.4%).

Earnings vs Market: Insufficient data to determine if BRA's earnings are forecast to grow faster than the Norwegian market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: BRA's revenue (30.1% per year) is forecast to grow faster than the Norwegian market (7.3% per year).

High Growth Revenue: BRA's revenue (30.1% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BRA's Return on Equity is forecast to be low in 3 years time (9%).


Next Steps

Past Performance

How has BRAbank New performed over the past 5 years?

73.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BRA has a large one-off gain of NOK346.8M impacting its December 31 2020 financial results.

Growing Profit Margin: BRA's current net profit margins are higher than last year (40.1%).


Past Earnings Growth Analysis

Earnings Trend: BRA has become profitable over the past 5 years, growing earnings by 73.7% per year.

Accelerating Growth: BRA's earnings growth over the past year (487.7%) exceeds its 5-year average (73.7% per year).

Earnings vs Industry: BRA earnings growth over the past year (487.7%) exceeded the Banks industry -2.7%.


Return on Equity

High ROE: BRA's Return on Equity (30.4%) is considered high.


Next Steps

Financial Health

How is BRAbank New'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: BRA's Assets to Equity ratio (6x) is low.

Allowance for Bad Loans: Insufficient data to determine if BRA has a sufficient allowance for bad loans.

Low Risk Liabilities: 97% of BRA's liabilities are made up of primarily low risk sources of funding.

Loan Level: BRA has an appropriate level of Loans to Assets ratio (77%).

Low Risk Deposits: BRA's Loans to Deposits ratio (95%) is appropriate.

Level of Bad Loans: Insufficient data to determine if BRA has an appropriate level of bad loans.


Next Steps

Dividend

What is BRAbank New current dividend yield, its reliability and sustainability?

3.75%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate BRA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate BRA'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 BRA's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BRA's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BRA's dividend in 3 years as they are not forecast to pay a notable one for the Norwegian market.


Next Steps

  • Explore strong dividend paying companies in the Banks industry.

Management

How experienced are the management team and are they aligned to shareholders interests?

4.2yrs

Average board tenure


CEO

Oddbjørn Berentsen

no data

Tenure

Mr. Oddbjørn Berentsen serves as Chief Executive Officer at BRAbank ASA (formerly known as BRAbank ASA New (formerly known as Easybank ASA)). Mr. Berentsen served as a Sales and Marketing Director of yA Ho...


Board Members

NamePositionTenureCompensationOwnership
Svein Lindbak
Independent Chairman5.17yrsno datano data
Jan Kleppe
Independent Director4.17yrsno data0.30%
NOK 2.3m
Jon Guste-Pedersen
Member of Supervisory Boardno datano datano data
Vidar Viumdahl Jahr
Member of Supervisory Boardno datano datano data
Gunn Hovdegard
Member of the Supervisory Boardno datakr836.00kno data
Jorgen Reme
Member of the Supervisory Boardno datano datano data
Lars Lunde
Member of the Supervisory Boardno datano datano data
Ingar Ulltveit-Moe
Member of the Supervisory Boardno datano datano data
Hilde Hodne
Member of the Supervisory Boardno datano datano data
Irene Terkelsen
Independent Director5.17yrsno datano data
Siv Børge-Ask
Independent Director2.17yrsno datano data
Jan Plathan
Employee Selected Director2.17yrsno datano data

4.2yrs

Average Tenure

Experienced Board: BRA's board of directors are considered experienced (4.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: BRA insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 100%.


Top Shareholders

Company Information

BRAbank ASA New's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: BRAbank ASA New
  • Ticker: BRA
  • Exchange: OB
  • Founded: NaN
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: kr758.355m
  • Shares outstanding: 94.79m
  • Website: https://brabank.no

Number of Employees


Location

  • BRAbank ASA New
  • Holbergs Gate 21
  • Oslo
  • Oslo
  • 166
  • Norway

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BRAOB (Oslo Bors)YesShare CapitalNONOKNov 2016

Biography

BRAbank ASA New provides various banking products and services in the Nordic region. The company offers savings and deposit products, consumer loans, credit cards, financing services, and invoice sales and...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/07 17:20
End of Day Share Price2021/03/05 00:00
Earnings2020/12/31
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.