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
| BRA | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.3% | 6.2% | 2.8% |
| 30 Day | 27.0% | 4.4% | 2.7% |
| 90 Day | 11.4% | 12.4% | 12.4% |
| 1 Year | n/a | 32.3%26.4% | 31.1%26.2% |
| 3 Year | -34.4%-34.4% | 30.8%14.2% | 19.3%5.5% |
| 5 Year | n/a | 118.8%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
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Chairman | 5.17yrs | no data | no data | |
| Independent Director | 4.17yrs | no data | 0.30% NOK 2.3m | |
| Member of Supervisory Board | no data | no data | no data | |
| Member of Supervisory Board | no data | no data | no data | |
| Member of the Supervisory Board | no data | kr836.00k | no data | |
| Member of the Supervisory Board | no data | no data | no data | |
| Member of the Supervisory Board | no data | no data | no data | |
| Member of the Supervisory Board | no data | no data | no data | |
| Member of the Supervisory Board | no data | no data | no data | |
| Independent Director | 5.17yrs | no data | no data | |
| Independent Director | 2.17yrs | no data | no data | |
| Employee Selected Director | 2.17yrs | no data | no 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BRA | OB (Oslo Bors) | Yes | Share Capital | NO | NOK | Nov 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/07 17:20 |
| End of Day Share Price | 2021/03/05 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.