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Updated 1h ago
SECB logo

Security Bank CorporationPSE:SECB Stock Report

Market Cap ₱48.6b
Updated 1h ago
Share Price
n/a
1Y-14.4%
7D-0.5%
1D-1.0%
Portfolio Value
​
View

Security Bank Corporation

PSE:SECB Stock Report

Market Cap: ₱48.6b

  • Company Overview
    • Valuation
    • Future Growth
    • Past Performance
    • Financial Health
    • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

Security Bank (SECB) Stock Overview

Provides banking and financial products and services to wholesale and retail clients in the Philippines. More details

SECB fundamental analysis
Snowflake Score
Valuation6/6
Future Growth3/6
Past Performance2/6
Financial Health4/6
Dividends4/6

Rewards

Trading at 22.1% below our estimate of its fair value

Earnings are forecast to grow 15.41% per year

Earnings have grown 10.9% per year over the past 5 years

Trading at good value compared to peers and industry

Analysts in good agreement that stock price will rise by 50.5%

Risk Analysis

Unstable dividend track record


SECB Community Fair Values

Create Narrative

See what 156 others think this stock is worth. Follow their fair value or set your own to get alerts.

Top Community Narratives

SECB logo
Security Bank
71.1% undervalued intrinsic discount

YoY Percentage Growth: +5.8%

View narrative
JC
JCAPITAL
JCAPITAL
Updated 21 Mar
Read Narrative

Top Community Narratives

SECB logo
Security Bank
71.1% undervalued intrinsic discount

YoY Percentage Growth: +5.8%

View narrative
JC
JCAPITAL
JCAPITAL
Updated 21 Mar
Read Narrative
View all narratives

Security Bank Corporation Competitors

Rizal Commercial Banking

Symbol: PSE:RCB
Market cap: ₱55.4b

Union Bank of the Philippines

Symbol: PSE:UBP
Market cap: ₱72.8b

East West Banking

Symbol: PSE:EW
Market cap: ₱22.7b

Philippine National Bank

Symbol: PSE:PNB
Market cap: ₱119.6b

Price History & Performance

Summary of share price highs, lows and changes for Security Bank
Historical stock prices
Current Share Price₱63.85
52 Week High₱78.60
52 Week Low₱60.50
Beta0.46
1 Month Change-4.49%
3 Month Change-1.69%
1 Year Change-14.41%
3 Year Change-15.09%
5 Year Change-40.66%
Change since IPO210.52%

Recent News & Updates

Recent updates

User avatar
Narrative Update • Mar 21

undervalue

PSE:SECB Valuation Data (2025 Audit) MT FAIR VALUE=221 P/E Ratio: 4.44x (Based on current price of ₱68.40) BOOK VALUE 2025: ₱204.67 / BOOK VALUE 2024: ₱187.31 9M2025 EPS: ₱12.08 / 9M2024 EPS: ₱11.29 2025 EPS: ₱16.02 / 2024 EPS: ₱14.91 2025 4Q EPS: ₱3.94 (Lower QoQ due to ₱4.1B in credit provisions) Metric 2024 Value 2025 Value YoY Change (Value) YoY Change (%) Net Income ₱11.24B ₱11.63B +₱0.39B +3.5% Earnings Per Share ₱14.91 ₱15.42 +₱0.51 +3.4% YoY Earnings Value & Percentage: Security Bank added ₱390 million to its bottom line in 2025, a 3.5% increase. While total revenues surged 22% (reaching ₱66.9B), net income growth was moderated by a strategic decision to increase credit provisioning to ₱8.6B for the year to strengthen balance sheet resilien

Shareholder Returns

SECBPH BanksPH Market
7D-0.5%-2.2%-1.3%
1Y-14.4%-10.1%-1.9%

Return vs Industry: SECB underperformed the PH Banks industry which returned -10.1% over the past year.

Return vs Market: SECB underperformed the PH Market which returned -1.9% over the past year.

Price Volatility

Is SECB's price volatile compared to industry and market?
SECB volatility
SECB Average Weekly Movement2.2%
Banks Industry Average Movement2.7%
Market Average Movement5.0%
10% most volatile stocks in PH Market11.2%
10% least volatile stocks in PH Market2.5%

Stable Share Price: SECB has not had significant price volatility in the past 3 months compared to the PH market.

Volatility Over Time: SECB's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1951n/aVictor Leewww.securitybank.com

Security Bank Corporation, together with its subsidiaries, provides banking and financial products and services to wholesale and retail clients in the Philippines. It operates through Retail Banking, Wholesale Banking, Business Banking, and Financial Markets segments. The Retail Banking segment provides deposits, consumer loans, credit cards, bancassurance, and investments to individual clients.

Security Bank Corporation Fundamentals Summary

How do Security Bank's earnings and revenue compare to its market cap?
SECB fundamental statistics
Market cap₱48.60b
Earnings (TTM)₱11.85b
Revenue (TTM)₱55.25b
4.1x
P/E Ratio
0.3x
P/B Ratio

Is SECB overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SECB income statement (TTM)
Revenue₱55.25b
Cost of Revenue₱3.22b
Gross Profit₱52.03b
Other Expenses₱40.18b
Earnings₱11.85b

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

n/a

Earnings per share (EPS)15.72
Gross Margin94.18%
Net Profit Margin21.45%
Debt/Equity Ratio71.5%

How did SECB perform over the long term?

See historical performance and comparison

Dividends

4.7%
Current Dividend Yield
10%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/16 08:34
End of Day Share Price 2026/09/16 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Security Bank Corporation is covered by 15 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kevin KwekBernstein
Julian Vincent RoxasBofA Global Research
Alfred DyCLSA

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Financial Data provided by S&P Global Market Intelligence LLC, analysis provided by Simply Wall Street Pty Ltd. Copyright © 2026, S&P Global Market Intelligence LLC. All rights reserved.
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