Banque Nationale Agricole Société anonyme provides various banking products and services in Tunisia.
Banque Nationale Agricole Société anonyme Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||د.ت7.49|
|52 Week High||د.ت6.90|
|52 Week Low||د.ت8.99|
|1 Month Change||4.76%|
|3 Month Change||4.03%|
|1 Year Change||-15.27%|
|3 Year Change||-57.51%|
|5 Year Change||-10.47%|
|Change since IPO||-34.01%|
Recent News & Updates
|BNA||TN Banks||TN Market|
Return vs Industry: BNA underperformed the TN Banks industry which returned -12.8% over the past year.
Return vs Market: BNA underperformed the TN Market which returned -0.1% over the past year.
Stable Share Price: BNA is not significantly more volatile than the rest of TN stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: BNA's weekly volatility (3%) has been stable over the past year.
About the Company
Banque Nationale Agricole Société anonyme provides various banking products and services in Tunisia. It accepts various accounts; provides financing solutions for individuals, business, agricultural, and professionals; cards, bancassurance products, and savings and investment products, as well as international payment and guarantee, moneygram, and remote banking services; and foreign exchange transactions. The company was founded in 1959 and is headquartered in Tunis, Tunisia.
Banque Nationale Agricole Société anonyme Fundamentals Summary
|BNA fundamental statistics|
Is BNA overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|BNA income statement (TTM)|
|Cost of Revenue||د.ت0|
Last Reported Earnings
Dec 31, 2020
Next Earnings Date
|Earnings per share (EPS)||3.03|
|Net Profit Margin||23.08%|
How did BNA perform over the long term?See historical performance and comparison
6.7%Current Dividend Yield
Is Banque Nationale Agricole Société anonyme undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: BNA (TND7.49) is trading above our estimate of fair value (TND0.84)
Significantly Below Fair Value: BNA is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BNA is good value based on its PE Ratio (2.5x) compared to the TN Banks industry average (6.7x).
PE vs Market: BNA is good value based on its PE Ratio (2.5x) compared to the TN market (11.9x).
Price to Earnings Growth Ratio
PEG Ratio: BNA's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: BNA is good value based on its PB Ratio (0.2x) compared to the TN Banks industry average (0.7x).
How is Banque Nationale Agricole Société anonyme forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BNA's earnings are forecast to decline over the next 3 years (-5.3% per year).
Earnings vs Market: BNA's earnings are forecast to decline over the next 3 years (-5.3% per year).
High Growth Earnings: BNA's earnings are forecast to decline over the next 3 years.
Revenue vs Market: BNA's revenue (17.4% per year) is forecast to grow faster than the TN market (7.5% per year).
High Growth Revenue: BNA's revenue (17.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BNA's Return on Equity is forecast to be low in 3 years time (5.2%).
How has Banque Nationale Agricole Société anonyme performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BNA has a high level of non-cash earnings.
Growing Profit Margin: BNA's current net profit margins (23.1%) are lower than last year (24.3%).
Past Earnings Growth Analysis
Earnings Trend: BNA's earnings have grown by 6.7% per year over the past 5 years.
Accelerating Growth: BNA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BNA had negative earnings growth (-17.8%) over the past year, making it difficult to compare to the Banks industry average (-20.8%).
Return on Equity
High ROE: BNA's Return on Equity (5.9%) is considered low.
How is Banque Nationale Agricole Société anonyme'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: BNA's Assets to Equity ratio (7.4x) is low.
Allowance for Bad Loans: Insufficient data to determine if BNA has a sufficient allowance for bad loans.
Low Risk Liabilities: 68% of BNA's liabilities are made up of primarily low risk sources of funding.
Loan Level: BNA has an appropriate level of Loans to Assets ratio (78%).
Low Risk Deposits: BNA's Loans to Deposits ratio (133%) is high.
Level of Bad Loans: Insufficient data to determine if BNA has an appropriate level of bad loans.
What is Banque Nationale Agricole Société anonyme current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BNA's dividend (6.68%) is higher than the bottom 25% of dividend payers in the TN market (2.89%).
High Dividend: BNA's dividend (6.68%) is in the top 25% of dividend payers in the TN market (6.62%)
Stability and Growth of Payments
Stable Dividend: Too early to tell whether BNA's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if BNA's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (29.7%), BNA's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BNA's dividends in 3 years are forecast to be well covered by earnings (34% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Mondher Lakhal serves as Managing Director at Banque Nationale Agricole Société anonyme since March 19, 2021 and has been its Chief Executive Officer since March 19, 2021. He served as Deputy Managing...
Experienced Management: BNA's management team is considered experienced (3.3 years average tenure).
Experienced Board: BNA's board of directors are considered experienced (3.8 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 not been meaningfully diluted in the past year.
Banque Nationale Agricole Société anonyme's employee growth, exchange listings and data sources
- Name: Banque Nationale Agricole Société anonyme
- Ticker: BNA
- Exchange: BVMT
- Founded: 1959
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: د.ت265.659m
- Shares outstanding: 35.47m
- Website: https://www.bna.tn
- Banque Nationale Agricole Société anonyme
- Avenue Mohamed V Bab Bhar
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/19 21:42|
|End of Day Share Price||2021/10/19 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.