Executive Summary
Credit Bank of Moscow (public joint-stock company) provides various banking products and services in Russia.
Rewards
Risk Analysis
No risks detected for CBOM from our risk checks.
Snowflake Analysis
High growth potential with excellent balance sheet.
Similar Companies
Share Price & News
How has Credit Bank of Moscow's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CBOM has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
1.1%
CBOM
2.9%
RU Banks
2.3%
RU Market
1 Year Return
17.6%
CBOM
29.7%
RU Banks
24.2%
RU Market
Return vs Industry: CBOM underperformed the Russian Banks industry which returned 29.7% over the past year.
Return vs Market: CBOM underperformed the Russian Market which returned 24.2% over the past year.
Shareholder returns
| CBOM | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.1% | 2.9% | 2.3% |
| 30 Day | 8.7% | 2.2% | 0.5% |
| 90 Day | 1.5% | 3.8% | 5.8% |
| 1 Year | 19.8%17.6% | 38.1%29.7% | 33.3%24.2% |
| 3 Year | 43.9%41.3% | 59.7%37.1% | 53.8%29.9% |
| 5 Year | n/a | 345.4%275.1% | 172.2%113.0% |
Price Volatility Vs. Market
How volatile is Credit Bank of Moscow's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
Do Directors Own Credit Bank of Moscow (public joint-stock company) (MCX:CBOM) Shares?Valuation
Is Credit Bank of Moscow undervalued compared to its fair value and its price relative to the market?
9.22x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: CBOM (RUB6) is trading above our estimate of fair value (RUB2.46)
Significantly Below Fair Value: CBOM is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CBOM is poor value based on its PE Ratio (9.2x) compared to the Banks industry average (7.3x).
PE vs Market: CBOM is poor value based on its PE Ratio (9.2x) compared to the Russian market (7.6x).
Price to Earnings Growth Ratio
PEG Ratio: CBOM is good value based on its PEG Ratio (0.3x)
Price to Book Ratio
PB vs Industry: CBOM is overvalued based on its PB Ratio (0.8x) compared to the RU Banks industry average (0.7x).
Next Steps
Future Growth
How is Credit Bank of Moscow forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
29.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CBOM's forecast earnings growth (29.4% per year) is above the savings rate (6.4%).
Earnings vs Market: CBOM's earnings (29.4% per year) are forecast to grow faster than the Russian market (4.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: CBOM's revenue (20% per year) is forecast to grow faster than the Russian market (4.1% per year).
High Growth Revenue: CBOM's revenue (20% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CBOM's Return on Equity is forecast to be low in 3 years time (15.2%).
Next Steps
Past Performance
How has Credit Bank of Moscow performed over the past 5 years?
33.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CBOM has high quality earnings.
Growing Profit Margin: CBOM's current net profit margins (33%) are lower than last year (40.2%).
Past Earnings Growth Analysis
Earnings Trend: CBOM's earnings have grown significantly by 33.9% per year over the past 5 years.
Accelerating Growth: CBOM's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CBOM had negative earnings growth (-11.8%) over the past year, making it difficult to compare to the Banks industry average (2.7%).
Return on Equity
High ROE: CBOM's Return on Equity (10.4%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Credit Bank of Moscow'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
Inventory Level: CBOM has a low level of unsold assets or inventory.
Debt Coverage by Assets: CBOM's debt is covered by short term assets (assets are 1.7x debt).
Financial Institutions Analysis
Asset Level: CBOM's level of assets compared to its equity is moderate.
Allowance for Bad Loans: CBOM has a sufficient allowance for bad loans.
Low Risk Liabilities: CBOM's liabilities are made up of primarily low risk sources of funding.
Loan Level: CBOM has an acceptable proportion of non-loan assets held.
Low Risk Deposits: CBOM's loans are broadly funded by customer deposits.
Level of Bad Loans: CBOM has a high level of bad loans (3.69%)
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Dividend
What is Credit Bank of Moscow's current dividend yield, its reliability and sustainability?
1.83%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: CBOM's dividend (1.83%) isn’t notable compared to the bottom 25% of dividend payers in the Russian market (3.59%).
High Dividend: CBOM's dividend (1.83%) is low compared to the top 25% of dividend payers in the Russian market (8.62%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether CBOM's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if CBOM's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (16.9%), CBOM's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CBOM's dividends in 3 years are forecast to be well covered by earnings (20.1% payout ratio).
Next Steps
Management
What is the CEO of Credit Bank of Moscow's salary, the management and board of directors tenure and is there insider trading?
2.1yrs
Average management tenure
CEO
Vladimir Alexandrovich Chubar (39yo)
0yrs
Tenure
Education: • 2005: degree in Finance and Credit from the Finance Academy under the Government of the Russian Federation. • 2007: course "Budgeting and Financial Planning in Commercial Banks" in the Assoc ...
Management Age and Tenure
2.1yrs
Average Tenure
41yo
Average Age
Experienced Management: CBOM's management team is considered experienced (2.1 years average tenure).
Board Age and Tenure
5.1yrs
Average Tenure
57yo
Average Age
Experienced Board: CBOM's board of directors are considered experienced (5.1 years average tenure).
Insider Trading
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.
Management Team
Kamil Yusupov (48yo)
Deputy Chairman of the Management Board
- Tenure: 1.3yrs
Vladimir Alexandrovich Chubar (39yo)
Chairman of the Management Board & Member of the Supervisory Board
- Tenure: 0yrs
Anton Virichev (41yo)
Head of Risk Management Directorate & Member of the Management Board
- Tenure: 3.8yrs
Svetlana Sass (54yo)
Chief Accountant & Member of the Management Board
- Tenure: 11.1yrs
Alexey Kosyakov (36yo)
Deputy Chairman of the Management Board
- Tenure: 6.2yrs
Sergey Lukyanov
Head of Investor Relations
- Tenure: 0yrs
Alexander Kaznacheev (45yo)
Deputy Chairman of the Management Board
- Tenure: 2.2yrs
Oleg Borunov (40yo)
Deputy Chairman of the Management Board
- Tenure: 2yrs
Mikhail Polunin (45yo)
First Deputy Chairman of the Management Board
- Tenure: 1.8yrs
Sergey Putyatinsky (37yo)
Deputy Chairman of the Management Board
- Tenure: 0.9yrs
Board Members
Peter Daresbury (66yo)
Independent Member of the Supervisory Board
- Tenure: 2.1yrs
Bill Owens (69yo)
Independent Chairman of the Supervisory Board
- Tenure: 6.7yrs
Andreas Klingen (55yo)
Independent Member of the Supervisory Board
- Tenure: 3.1yrs
Ilkka Salonen (64yo)
Independent Member of the Supervisory Board
- Tenure: 3.1yrs
Vladimir Alexandrovich Chubar (39yo)
Chairman of the Management Board & Member of the Supervisory Board
- Tenure: 0yrs
Roman Avdeev (52yo)
Member of the Supervisory Board
- Tenure: 11.9yrs
Thomas Grasse (64yo)
Non-Executive Member of the Supervisory Board
- Tenure: 5.8yrs
Andrew Gazitua (57yo)
Independent Member of the Supervisory Board
- Tenure: 7.7yrs
Yevgeniy Gudkov
Chairman of Audit Panel
- Tenure: 4.5yrs
Sergey Menzhinsky (48yo)
Member of the Supervisory Board
- Tenure: 2.5yrs
Company Information
Credit Bank of Moscow (public joint-stock company)'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Credit Bank of Moscow (public joint-stock company)
- Ticker: CBOM
- Exchange: MISX
- Founded: 1992
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: ₽178.859b
- Shares outstanding: 29.83b
- Website: https://mkb.ru
Number of Employees
Location
- Credit Bank of Moscow (public joint-stock company)
- Building 1
- 2, Lukov Pereulok
- Moscow
- 107045
- Russia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CBOM | MISX (Micex - Rts) | Yes | Ordinary Shares | RU | RUB | Jul 2015 |
Biography
Credit Bank of Moscow (public joint-stock company) provides various banking products and services in Russia. The company operates through four segments: Corporate Business, Retail Banking, Treasury, and Ca ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/12/13 22:05 |
| End of Day Share Price | 2019/12/13 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.