FCI Stock Overview
FirstCaribbean International Bank Limited, together with its subsidiaries, provides various banking and financial products and services.
FirstCaribbean International Bank Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||TT$6.16|
|52 Week High||TT$7.05|
|52 Week Low||TT$6.06|
|1 Month Change||-5.23%|
|3 Month Change||-7.37%|
|1 Year Change||-12.62%|
|3 Year Change||-25.78%|
|5 Year Change||-27.53%|
|Change since IPO||7.13%|
Recent News & Updates
|FCI||TT Banks||TT Market|
Return vs Industry: FCI underperformed the TT Banks industry which returned -6.8% over the past year.
Return vs Market: FCI underperformed the TT Market which returned 12.2% over the past year.
|FCI Average Weekly Movement||4.2%|
|Banks Industry Average Movement||4.6%|
|Market Average Movement||2.7%|
|10% most volatile stocks in TT Market||5.4%|
|10% least volatile stocks in TT Market||1.6%|
Stable Share Price: FCI is more volatile than 75% of TT stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: FCI's weekly volatility (4%) has been stable over the past year, but is still higher than 75% of TT stocks.
About the Company
FirstCaribbean International Bank Limited, together with its subsidiaries, provides various banking and financial products and services. The company operates through four segments: Retail and Business Banking, Corporate and Investment Banking, Wealth Management, and Administration. It offers chequing and savings, business, and corporate business accounts; fixed deposits and investment products; mortgage and consumer loans, personal overdraft facility, home equity loans and line of credit, merchant services and business overdraft services, business premium loans, and commercial mortgage; letters of credit; and bonds, guarantees, and indemnities.
FirstCaribbean International Bank Fundamentals Summary
|FCI fundamental statistics|
Is FCI overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|FCI income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Jul 31, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.018|
|Net Profit Margin||-5.59%|
How did FCI perform over the long term?See historical performance and comparison
4.4%Current Dividend Yield
Is FirstCaribbean International Bank undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate FCI's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate FCI's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: FCI is unprofitable, so we can't compare its PE Ratio to the South American Banks industry average.
PE vs Market: FCI is unprofitable, so we can't compare its PE Ratio to the TT market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate FCI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: FCI is overvalued based on its PB Ratio (1.4x) compared to the XS Banks industry average (1x).
How is FirstCaribbean International Bank forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Banks industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as FirstCaribbean International Bank has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has FirstCaribbean International Bank performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FCI is currently unprofitable.
Growing Profit Margin: FCI is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: FCI is unprofitable, and losses have increased over the past 5 years at a rate of 40% per year.
Accelerating Growth: Unable to compare FCI's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: FCI is unprofitable, making it difficult to compare its past year earnings growth to the Banks industry (23.4%).
Return on Equity
High ROE: FCI has a negative Return on Equity (-2.3%), as it is currently unprofitable.
How is FirstCaribbean International Bank'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: FCI's Assets to Equity ratio (11.5x) is moderate.
Allowance for Bad Loans: FCI has a sufficient allowance for bad loans (143%).
Low Risk Liabilities: 98% of FCI's liabilities are made up of primarily low risk sources of funding.
Loan Level: FCI has an appropriate level of Loans to Assets ratio (52%).
Low Risk Deposits: FCI's Loans to Deposits ratio (58%) is appropriate.
Level of Bad Loans: FCI has a high level of bad loans (3.5%).
What is FirstCaribbean International Bank current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FCI's dividend (4.4%) is higher than the bottom 25% of dividend payers in the TT market (1.67%).
High Dividend: FCI's dividend (4.4%) is in the top 25% of dividend payers in the TT market (3.4%)
Stability and Growth of Payments
Stable Dividend: FCI has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: FCI's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Dividend Coverage: FCI is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Colette Delaney-Smith (59 yo)
Ms. Colette Delaney-Smith has been the Chief Executive Officer at FirstCaribbean International Bank Limited and FirstCaribbean International Bank (Bahamas) Ltd. since November 1, 2018. She serves as the Ch...
Experienced Management: FCI's management team is seasoned and experienced (7.8 years average tenure).
Experienced Board: FCI's board of directors are considered experienced (3.5 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.
FirstCaribbean International Bank Limited's employee growth, exchange listings and data sources
- Name: FirstCaribbean International Bank Limited
- Ticker: FCI
- Exchange: TTSE
- Founded: 1836
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: TT$9.715b
- Shares outstanding: 1.58b
- Website: https://www.cibcfcib.com
Number of Employees
- FirstCaribbean International Bank Limited
- PO Box 503
- St. Michael
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/12/06 21:43|
|End of Day Share Price||2021/12/06 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.