NYSE:BBAR

Stock Analysis Report

BBVA Banco Francés

Executive Summary

BBVA Banco Francés S.A. provides various banking products and services to individuals and companies in Spain, Mexico, South America, the United States, Turkey, and rest of Eurasia.

Snowflake

Fundamentals

Undervalued with excellent balance sheet and pays a dividend.

Risks

  • BBVA Banco Francés has significant price volatility in the past 3 months.

Similar Companies

Share Price & News

How has BBVA Banco Francés's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-51.5%

NYSE:BBAR

-2.6%

US Banks

-1.0%

US Market


1 Year Return

-40.8%

NYSE:BBAR

-14.2%

US Banks

-0.4%

US Market

BBAR underperformed the Banks industry which returned -14.2% over the past year.

BBAR underperformed the Market in United States of America which returned -0.4% over the past year.


Share holder returns

BBARIndustryMarket
7 Day-51.5%-2.6%-1.0%
30 Day-47.6%-6.3%-3.3%
90 Day-30.9%-3.5%0.8%
1 Year-38.9%-40.8%-11.8%-14.2%1.9%-0.4%
3 Year-68.3%-70.1%42.2%32.4%39.4%30.4%
5 Year-38.5%-43.3%53.3%36.7%54.2%37.1%

Price Volatility Vs. Market

How volatile is BBVA Banco Francés's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is BBVA Banco Francés undervalued based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

BBVA Banco Francés's share price is below the future cash flow value, and at a moderate discount (> 20%).

BBVA Banco Francés's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

BBVA Banco Francés is good value based on earnings compared to the US Banks industry average.

BBVA Banco Francés is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

BBVA Banco Francés is good value based on expected growth next year.


Price Based on Value of Assets

BBVA Banco Francés is overvalued based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is BBVA Banco Francés expected to perform in the next 1 to 3 years based on estimates from 5 analysts?

23.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

BBVA Banco Francés's revenue is expected to grow by 5.9% yearly, however this is not considered high growth (20% yearly).

BBVA Banco Francés's earnings are expected to grow significantly at over 20% yearly.

BBVA Banco Francés's revenue growth is positive but not above the United States of America market average.

BBVA Banco Francés's earnings growth is expected to exceed the United States of America market average.

BBVA Banco Francés's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

BBVA Banco Francés is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).


Next Steps

Past Performance

How has BBVA Banco Francés performed over the past 5 years?

18.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

BBVA Banco Francés's year on year earnings growth rate has been positive over the past 5 years.

BBVA Banco Francés's 1-year earnings growth is less than its 5-year average (18.5% vs 18.6%)

BBVA Banco Francés's earnings growth has not exceeded the US Banks industry average in the past year (18.5% vs 33.3%).


Return on Equity

BBVA Banco Francés has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

BBVA Banco Francés used its assets more efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if BBVA Banco Francés improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

How is BBVA Banco Francés'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

Information is not available.

Information is not available.


Financial Institutions Analysis

BBVA Banco Francés has an acceptable proportion of non-loan assets held.

BBVA Banco Francés has a sufficient allowance for bad loans.

BBVA Banco Francés's liabilities are made up of primarily low risk sources of funding.

BBVA Banco Francés's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).

Loans at BBVA Banco Francés are broadly funded by customer deposits.

BBVA Banco Francés has a high level of bad loans (greater than 2%).


Next Steps

Dividend

What is BBVA Banco Francés's current dividend yield, its reliability and sustainability?

8.56%

Expected Dividend Yield


Dividend Yield and Payments Analysis

BBVA Banco Francés's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).

BBVA Banco Francés's dividend is below the markets top 25% of dividend payers in United States of America (3.84%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (3.2x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (3.2x coverage).


Next Steps

Management

What is the CEO of BBVA Banco Francés's salary, the management and board of directors tenure and is there insider trading?

4.3yrs

Average management tenure


CEO

Martín Zarich (55yo)

4.3yrs

Tenure

0

Mr. Martín Ezequiel Zarich serves as CEO at BBVA Banco Francés SA. He served as Chief Executive Officer and General Manager at BBVA Banco Frances S.A. since January 11, 2016. He served as Director of Innov ...


Management Age and Tenure

4.3yrs

Average Tenure

56yo

Average Age

The tenure for the BBVA Banco Francés management team is about average.


Board Age and Tenure

2.6yrs

Average Tenure

59.5yo

Average Age

The average tenure for the BBVA Banco Francés board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Martín Zarich (55yo)

    Chief Executive Officer

    • Tenure: 4.3yrs
  • Gustavo Siciliano (58yo)

    Director of Systems & Operations

    • Tenure: 5.6yrs
  • Carlos Elizalde (58yo)

    Director of Corporate & Investment Banking

    • Tenure: 5.6yrs
  • Ernesto Ramón Gallardo Jimenez (56yo)

    CFO, Director of Finance & Planning and Head of Market Relations

    • Tenure: 1.7yrs
  • Eduardo González Correas (37yo)

    Director of Legal Services

    • Tenure: 2.6yrs
  • Ines Lanusse

    Investor Relations Officer

    • Tenure: 0.0yrs

Board Members

  • Oscar Castro (74yo)

    Director

    • Tenure: 16.3yrs
  • Gabriel Eugenio Milstein (61yo)

    Director

    • Tenure: 3.3yrs
  • Alfredo Castillo Triguero (62yo)

    Vice President 2

    • Tenure: 2.8yrs
  • Jorge Delfín Luna (61yo)

    Vice President 1

    • Tenure: 0.3yrs
  • Adriana Fernández de Melero (58yo)

    Independent Director

    • Tenure: 0.3yrs
  • Juan Manuel Ballesteros Castellano (56yo)

    Director

    • Tenure: 3.3yrs
  • Javier Pérez Cardete (58yo)

    Alternate Director

    • Tenure: 3.3yrs
  • Gustavo Alberto Mazzolini Casas (52yo)

    Alternate Director

    • Tenure: 2.4yrs
  • María Isabel Lartitegui

    Chairman of the Board

    • Tenure: 0.3yrs
  • Gabriel Chaufán

    Director

    • Tenure: 0.1yrs

Company Information

BBVA Banco Francés S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: BBVA Banco Francés S.A.
  • Ticker: BBAR
  • Exchange: NYSE
  • Founded: 1886
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: AR$67.913b
  • Listing Market Cap: AR$1.208b
  • Shares outstanding: 612.66m
  • Website: https://www.bbvafrances.com.ar

Number of Employees


Location

  • BBVA Banco Francés S.A.
  • Av. Córdoba 111
  • Buenos Aires
  • Capital Federal
  • 1054
  • Argentina

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BBARBASE (Buenos Aires Stock Exchange)YesCommon StockARARSJan 1992
XBFRBME (Bolsas y Mercados Espanoles)YesCommon StockESEURJan 1992
BDPADB (Deutsche Boerse AG)YesCommon StockDEEURJan 1992
BBARNYSE (New York Stock Exchange)SPONS ADR-EACH REPR 3 ORD ARS1USUSDNov 1993
BFPMUN (Boerse Muenchen)SPONS ADR-EACH REPR 3 ORD ARS1DEEURNov 1993

Biography

BBVA Banco Francés S.A. provides various banking products and services to individuals and companies in Spain, Mexico, South America, the United States, Turkey, and rest of Eurasia. The company accepts chec ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/18 23:33
End of Day Share Price2019/08/16 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.