BSPB Stock Overview
“Bank “Saint-Petersburg” Public Joint-Stock Company, a universal bank, provides a range of banking products and services to individuals and corporates in Russia.
Bank Saint-Petersburg Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||₽88.15|
|52 Week High||₽95.50|
|52 Week Low||₽50.39|
|1 Month Change||-6.67%|
|3 Month Change||17.85%|
|1 Year Change||53.01%|
|3 Year Change||82.20%|
|5 Year Change||49.15%|
|Change since IPO||-4.69%|
Recent News & Updates
|BSPB||RU Banks||RU Market|
Return vs Industry: BSPB exceeded the Russian Banks industry which returned 20.2% over the past year.
Return vs Market: BSPB exceeded the Russian Market which returned 28.7% over the past year.
|BSPB Average Weekly Movement||4.4%|
|Banks Industry Average Movement||3.7%|
|Market Average Movement||4.8%|
|10% most volatile stocks in RU Market||11.5%|
|10% least volatile stocks in RU Market||2.3%|
Stable Share Price: BSPB is not significantly more volatile than the rest of Russian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: BSPB's weekly volatility (4%) has been stable over the past year.
About the Company
“Bank “Saint-Petersburg” Public Joint-Stock Company, a universal bank, provides a range of banking products and services to individuals and corporates in Russia. The company’s Corporate Banking division offers payment and settlement services, corporate lending, investment banking services, risk hedging solutions, and deposit products. It also provides loans to small and medium enterprises comprising working capital, purchase equipment, vehicles, real estate, and other property finance; loans to agricultural enterprises; and a range of services related to documentary operations and international trade finance, as well as develops services for Exim companies.
Bank Saint-Petersburg Fundamentals Summary
|BSPB fundamental statistics|
Is BSPB overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|BSPB income statement (TTM)|
|Cost of Revenue||₽0|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||32.04|
|Net Profit Margin||43.72%|
How did BSPB perform over the long term?See historical performance and comparison
10.3%Current Dividend Yield
Is Bank Saint-Petersburg 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: BSPB (RUB88.15) is trading below our estimate of fair value (RUB197.11)
Significantly Below Fair Value: BSPB is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BSPB is good value based on its PE Ratio (2.8x) compared to the Russian Banks industry average (6.5x).
PE vs Market: BSPB is good value based on its PE Ratio (2.8x) compared to the Russian market (8.3x).
Price to Earnings Growth Ratio
PEG Ratio: BSPB is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: BSPB is good value based on its PB Ratio (0.4x) compared to the RU Banks industry average (0.8x).
How is Bank Saint-Petersburg forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BSPB's forecast earnings growth (4.9% per year) is below the savings rate (7.3%).
Earnings vs Market: BSPB's earnings (4.9% per year) are forecast to grow faster than the Russian market (2.8% per year).
High Growth Earnings: BSPB's earnings are forecast to grow, but not significantly.
Revenue vs Market: BSPB's revenue (9.4% per year) is forecast to grow faster than the Russian market (3.9% per year).
High Growth Revenue: BSPB's revenue (9.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BSPB's Return on Equity is forecast to be low in 3 years time (12.8%).
How has Bank Saint-Petersburg performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BSPB has high quality earnings.
Growing Profit Margin: BSPB's current net profit margins (43.7%) are higher than last year (31.1%).
Past Earnings Growth Analysis
Earnings Trend: BSPB's earnings have grown by 19.6% per year over the past 5 years.
Accelerating Growth: BSPB's earnings growth over the past year (81.4%) exceeds its 5-year average (19.6% per year).
Earnings vs Industry: BSPB earnings growth over the past year (81.4%) underperformed the Banks industry 81.4%.
Return on Equity
High ROE: BSPB's Return on Equity (16.2%) is considered low.
How is Bank Saint-Petersburg'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: BSPB's Assets to Equity ratio (7.9x) is low.
Allowance for Bad Loans: BSPB has a low allowance for bad loans (88%).
Low Risk Liabilities: 76% of BSPB's liabilities are made up of primarily low risk sources of funding.
Loan Level: BSPB has an appropriate level of Loans to Assets ratio (63%).
Low Risk Deposits: BSPB's Loans to Deposits ratio (94%) is appropriate.
Level of Bad Loans: BSPB has a high level of bad loans (9.2%).
What is Bank Saint-Petersburg current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BSPB's dividend (10.35%) is higher than the bottom 25% of dividend payers in the Russian market (2.99%).
High Dividend: BSPB's dividend (10.35%) is in the top 25% of dividend payers in the Russian market (8.11%)
Stability and Growth of Payments
Stable Dividend: BSPB's dividend payments have been volatile in the past 10 years.
Growing Dividend: BSPB's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (14.2%), BSPB's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BSPB's dividends in 3 years are forecast to be well covered by earnings (25.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Pavel Filimonenok (50 yo)
Mr. Pavel Vladimirovich Filimonenok has been First Deputy Chairman of the Management Board and Chief Executive Officer at "Bank "Saint-Petersburg" PJSC since June 3, 2020. Mr. Filimonenok had been Deputy C...
Experienced Management: BSPB's management team is considered experienced (2.5 years average tenure).
Experienced Board: BSPB's board of directors are considered experienced (5.4 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 been diluted in the past year, with total shares outstanding growing by 4.2%.
"Bank "Saint-Petersburg" Public Joint-Stock Company's employee growth, exchange listings and data sources
- Name: "Bank "Saint-Petersburg" Public Joint-Stock Company
- Ticker: BSPB
- Exchange: MISX
- Founded: 1990
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: ₽43.692b
- Shares outstanding: 495.65m
- Website: https://www.bspb.ru
Number of Employees
- "Bank "Saint-Petersburg" Public Joint-Stock Company
- 64A Malookhtinsky Prospect
- Saint Petersburg
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/12/01 22:03|
|End of Day Share Price||2021/12/01 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.