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AIB Group

OTCPK:AIBG.Y
Snowflake Description

Adequate balance sheet average dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
AIBG.Y
OTCPK
€11B
Market Cap
  1. Home
  2. US
  3. Banks
Company description

AIB Group plc provides banking and financial products and services to retail, business, and corporate customers. The last earnings update was 52 days ago. More info.


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AIBG.Y Share Price and Events
7 Day Returns
0%
OTCPK:AIBG.Y
-3.2%
US Banks
-0.7%
US Market
1 Year Returns
-
OTCPK:AIBG.Y
-10.8%
US Banks
3%
US Market
AIBG.Y Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
AIB Group (AIBG.Y) 0% 0% 2% - - -
US Banks -3.2% -3.4% -2.3% -10.8% 41.5% 46.8%
US Market -0.7% -2% 2.4% 3% 39.2% 42%
1 Year Return vs Industry and Market
  • No trading data on AIBG.Y.
  • No trading data on AIBG.Y.
Price Volatility
Industry
5yr Volatility vs Market

Value

 Is AIB Group undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of AIB Group to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for AIB Group.

OTCPK:AIBG.Y Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Weighted future Return on Equity estimates from 11 analysts.
= Stable Book Value * Return on Equity
= €5.10 * 6.7%
€0.34
Book Value of Equity per Share Weighted future Book Value estimates from 10 analysts. €5.10
Discount Rate (Cost of Equity) See below 10%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for OTCPK:AIBG.Y
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 7.1%
Banks Unlevered Beta Simply Wall St/ S&P Global 0.62
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.62 (1 + (1- 12.5%) (76.73%))
1.025
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.02
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.025 * 7.14%)
10.05%

Discounted Cash Flow Calculation for OTCPK:AIBG.Y using Excess Returns Model Model

The calculations below outline how an intrinsic value for AIB Group is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

OTCPK:AIBG.Y Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (6.7% – 10.05%) * €5.10)
€-0.17
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= €-0.17 / (10.05% - 2.73%)
€-2.35
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= €5.10 + €-2.35
€2.75
OTCPK:AIBG.Y Discount to Share Price
Calculation Result
Value per share (USD) From above. $6.47
Current discount Discount to share price of $9.39
= -1 x ($9.39 - $6.47) / $6.47
-45%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of AIB Group is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for AIB Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are AIB Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:AIBG.Y PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in EUR €0.40
ISE:AIBG Share Price ** ISE (2019-03-13) in EUR €3.99
United States of America Banks Industry PE Ratio Median Figure of 593 Publicly-Listed Banks Companies 12.77x
United States of America Market PE Ratio Median Figure of 3,088 Publicly-Listed Companies 17.89x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of AIB Group.

OTCPK:AIBG.Y PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ISE:AIBG Share Price ÷ EPS (both in EUR)

= 3.99 ÷ 0.40

9.89x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • AIB Group is good value based on earnings compared to the US Banks industry average.
  • AIB Group is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does AIB Group's expected growth come at a high price?
Raw Data
OTCPK:AIBG.Y PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 9.89x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 13 Analysts
-5.7%per year
United States of America Banks Industry PEG Ratio Median Figure of 269 Publicly-Listed Banks Companies 1.39x
United States of America Market PEG Ratio Median Figure of 2,117 Publicly-Listed Companies 1.56x

*Line of best fit is calculated by linear regression .

OTCPK:AIBG.Y PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 9.89x ÷ -5.7%

-1.74x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • AIB Group earnings are not expected to grow next year, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on AIB Group's assets?
Raw Data
OTCPK:AIBG.Y PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in EUR €5.11
ISE:AIBG Share Price * ISE (2019-03-13) in EUR €3.99
United States of America Banks Industry PB Ratio Median Figure of 598 Publicly-Listed Banks Companies 1.2x
United States of America Market PB Ratio Median Figure of 5,195 Publicly-Listed Companies 1.83x
OTCPK:AIBG.Y PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ISE:AIBG Share Price ÷ Book Value per Share (both in EUR)

= 3.99 ÷ 5.11

0.78x

* Primary Listing of AIB Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • AIB Group is good value based on assets compared to the US Banks industry average.
X
Value checks
We assess AIB Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Banks industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Banks industry average (and greater than 0)? (1 check)
  5. AIB Group has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is AIB Group expected to perform in the next 1 to 3 years based on estimates from 13 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-5.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is AIB Group expected to grow at an attractive rate?
  • AIB Group's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.7%.
Growth vs Market Checks
  • AIB Group's earnings are expected to decrease over the next 1-3 years, this is below the United States of America market average.
  • AIB Group's revenues are expected to decrease over the next 1-3 years, this is below the United States of America market average.
Annual Growth Rates Comparison
Raw Data
OTCPK:AIBG.Y Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:AIBG.Y Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 13 Analysts -5.7%
OTCPK:AIBG.Y Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 13 Analysts -2.3%
United States of America Banks Industry Earnings Growth Rate Market Cap Weighted Average 3.9%
United States of America Banks Industry Revenue Growth Rate Market Cap Weighted Average 4%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.9%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:AIBG.Y Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 13 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:AIBG.Y Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 2,830 914 12
2020-12-31 2,771 915 13
2019-12-31 2,734 923 13
OTCPK:AIBG.Y Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-12-31 3,063 -195 1,096
2018-09-30 3,139 272 1,106
2018-06-30 3,225 738 1,078
2018-03-31 3,175 830 1,078
2018-01-01 3,114 922 1,114
2017-10-01 3,090 1,266 1,140
2017-06-30 3,066 1,610 1,166
2017-03-31 3,170 4,535 1,243
2016-12-31 3,274 7,460 1,319
2016-09-30 3,340 8,217 1,249
2016-06-30 3,406 8,973 1,179
2016-03-31 3,477 6,673 1,057

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • AIB Group's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • AIB Group's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:AIBG.Y Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 13 Analyst Estimates (S&P Global) See Below

All data from AIB Group Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:AIBG.Y Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 0.34 0.44 0.28 9.00
2020-12-31 0.33 0.38 0.28 11.00
2019-12-31 0.34 0.36 0.31 10.00
OTCPK:AIBG.Y Past Financials Data
Date (Data in EUR Millions) EPS *
2018-12-31 0.40
2018-09-30 0.41
2018-06-30 0.40
2018-03-31 0.40
2018-01-01 0.41
2017-10-01 0.42
2017-06-30 0.43
2017-03-31 0.46
2016-12-31 0.49
2016-09-30 0.49
2016-06-30 0.49
2016-03-31 0.46

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • AIB Group is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess AIB Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
AIB Group has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has AIB Group performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare AIB Group's growth in the last year to its industry (Banks).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • AIB Group has delivered over 20% year on year earnings growth in the past 5 years.
  • AIB Group's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • AIB Group's 1-year earnings growth is negative, it can't be compared to the US Banks industry average.
Earnings and Revenue History
AIB Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from AIB Group Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:AIBG.Y Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 3,063.00 1,096.00 1,425.00
2018-09-30 3,138.50 1,105.50 1,430.50
2018-06-30 3,225.00 1,078.00 1,436.00
2018-03-31 3,175.00 1,077.50 1,445.00
2018-01-01 3,114.00 1,114.00 1,454.00
2017-10-01 3,090.00 1,140.00 1,446.00
2017-06-30 3,066.00 1,166.00 1,438.00
2017-03-31 3,170.00 1,242.50 1,435.00
2016-12-31 3,274.00 1,319.00 1,432.00
2016-09-30 3,340.00 1,249.00 1,414.00
2016-06-30 3,406.00 1,179.00 1,396.00
2016-03-31 3,477.00 1,056.50 1,360.00
2015-12-31 3,548.00 934.00 1,324.00
2015-09-30 3,595.50 999.00 1,351.50
2015-06-30 3,643.00 1,064.00 1,379.00
2015-03-31 3,287.00 972.50 1,396.50
2014-12-31 2,931.00 881.00 1,414.00
2014-09-30 1,979.00 209.50 1,379.50
2014-06-30 1,027.00 -462.00 1,323.00
2014-03-31 421.50 -1,029.50 1,365.00
2013-12-31 -184.00 -1,597.00 1,418.00
2013-09-30 -863.00 -2,429.00 1,531.00
2013-06-30 -1,556.00 -3,261.00 1,475.00
2013-03-31 -1,724.00 -3,409.00 1,537.50
2012-12-31 -1,885.00 -3,557.00 1,690.00
2012-09-30 -3,828.00 -4,425.00 1,695.50
2012-06-30 -4,392.00 -5,241.00 1,729.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • AIB Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • AIB Group used its assets more efficiently than the US Banks industry average last year based on Return on Assets.
  • Unable to establish if AIB Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess AIB Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Banks industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
AIB Group has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is AIB Group's financial position? (This company is analysed differently as a bank or financial institution)

This company is a bank or financial institution.

Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.
Net Worth
Balance sheet
This treemap shows a more detailed breakdown of AIB Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from AIB Group Company Filings, last reported 4 months ago.

OTCPK:AIBG.Y Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 13,862.00 8,319.00 6,987.00
2018-09-30 13,862.00 8,319.00 6,987.00
2018-06-30 13,568.00 9,611.00 8,996.00
2018-03-31 13,568.00 9,611.00 8,996.00
2018-01-01 13,354.00 10,274.00 7,206.00
2017-10-01 13,354.00 10,274.00 7,206.00
2017-06-30 13,209.00 11,968.00 6,322.00
2017-03-31 13,209.00 11,968.00 6,322.00
2016-12-31 13,148.00 17,634.00 7,919.00
2016-09-30 13,148.00 17,634.00 7,919.00
2016-06-30 12,345.00 20,798.00 8,118.00
2016-03-31 12,345.00 20,798.00 8,118.00
2015-12-31 12,148.00 25,868.00 6,343.00
2015-09-30 12,148.00 25,868.00 6,343.00
2015-06-30 12,323.00 27,996.00 8,206.00
2015-03-31 12,323.00 27,996.00 8,206.00
2014-12-31 11,572.00 30,567.00 7,096.00
2014-09-30 11,572.00 30,567.00 7,096.00
2014-06-30 11,229.00 35,092.00 7,106.00
2014-03-31 11,229.00 35,092.00 7,106.00
2013-12-31 10,494.00 40,975.00 5,922.00
2013-09-30 10,494.00 40,975.00 5,922.00
2013-06-30 10,598.00 42,332.00 6,700.00
2013-03-31 10,598.00 42,332.00 6,700.00
2012-12-31 11,355.00 43,729.00 6,945.00
2012-09-30 11,355.00 43,729.00 6,945.00
2012-06-30 13,265.00 43,792.00 7,195.00
BANK ANALYSIS

This company is a bank or financial institution, which is analysed accordingly below.

Below we check the amount of loans the bank has, how many of those are bad, and its ability to cover any bad loans.
  • AIB Group has an acceptable proportion of non-loan assets held.
  • AIB Group's liabilities are made up of primarily low risk sources of funding.
  • Loans at AIB Group are broadly funded by customer deposits.
  • AIB Group's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).
  • AIB Group has a low allowance for bad loans.
  • AIB Group has a high level of bad loans (greater than 2%).
X
Financial health checks
We assess AIB Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. AIB Group has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is AIB Group's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
4.26%
Current annual income from AIB Group dividends. Estimated to be 5.65% next year.
If you bought $2,000 of AIB Group shares you are expected to receive $85 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • AIB Group's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).
  • AIB Group's dividend is above the markets top 25% of dividend payers in United States of America (3.69%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:AIBG.Y Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 13 Analyst Estimates (S&P Global) See Below
United States of America Banks Industry Average Dividend Yield Market Cap Weighted Average of 473 Stocks 2.9%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2000 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OTCPK:AIBG.Y Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.25 12.00
2020-12-31 0.24 14.00
2019-12-31 0.19 15.00
OTCPK:AIBG.Y Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-03-29 0.170 4.136
2019-03-01 0.170 4.252
2018-03-05 0.120 2.715
2018-01-15 0.120 2.198

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • It is too early to tell whether AIB Group has stable dividend payments.
  • AIB Group only just started paying a dividend, it is too early to tell if payments are increasing.
Current Payout to shareholders
What portion of AIB Group's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.4x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.3x coverage).
X
Income/ dividend checks
We assess AIB Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can AIB Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. AIB Group has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of AIB Group's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Colin Hunt
AGE 48
TENURE AS CEO 0.2 years
CEO Bio

Dr. Colin Hunt, BComm, BComm, MEconSc, Ph.D. has been CEO and Executive Director of AIB Group Plc an Allied Irish Banks PLC since March 8, 2019. He was Managing Director of Corporate, Institutional & Business Banking at Allied Irish Banks, Plc since August 8, 2016. He was Managing Director of Corporate, Institutional & Business Banking at AIB Group Plc since January 2019 until March 8, 2019. Dr. Hunt served as the Division Director of Macquarie Capital. Dr. Hunt was responsible for the Macquarie corporate advisory activities in Ireland. He has 25 years' experience in the financial services sector. He served as a Director of Dublin office-Bank at Macquarie Group Limited since October 2007. He served as the Special Adviser to the Ministers for Finance and Transport of Ireland. He served as the Research Director and Chief Economist of Goodbody Stockbrokers, Research Division. He served as the Head of Trading Research of Bank of Ireland Group. He served as the Treasury and Country Risk Analyst of NatWest. He served as Managing Director (Ireland) of Macquarie where he directed transactions such as the purchase of a majority stake in Eircom by Singapore Technologies Telemedia and the disposals of Quinn Direct Insurance and Quinn Healthcare. He served as a Non-Executive Director of Aer Lingus Group plc from January 31, 2008 to January 29, 2014. He is an Economist by profession. Dr. Hunt is a Graduate of University College Cork and Trinity College Dublin.

CEO Compensation
  • Insufficient data for Colin to compare compensation growth.
  • Insufficient data for Colin to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the AIB Group management team in years:

2.5
Average Tenure
48
Average Age
  • The tenure for the AIB Group management team is about average.
Management Team

Colin Hunt

TITLE
CEO & Executive Director
AGE
48
TENURE
0.2 yrs

Donal Galvin

TITLE
Group Treasurer & CFO
AGE
45
TENURE
0.3 yrs

Tomás O’Midheach

TITLE
COO, Deputy CEO & Executive Director
AGE
48
TENURE
3.3 yrs

Niamh Hore

TITLE
Head of Investor Relations

Stephen O'Shea

TITLE
Head of Media Relations

Triona Ferriter

TITLE
Chief People Officer
AGE
47

Jim O'Keeffe

TITLE
Chief Customer & Strategic Affairs Officer
AGE
50
TENURE
7.9 yrs

Tom Kinsella

TITLE
Managing Director of Homes
AGE
48
TENURE
0.5 yrs

David McLaughlin

TITLE
Head of Private Banking Unit
TENURE
2.5 yrs

Dave Keenan

TITLE
Deputy Chief People Officer
TENURE
3.3 yrs
Board of Directors Tenure

Average tenure and age of the AIB Group board of directors in years:

2.6
Average Tenure
57
Average Age
  • The average tenure for the AIB Group board of directors is less than 3 years, this suggests a new board.
Board of Directors

Richard Pym

TITLE
Non-Executive Chairman
COMPENSATION
€365K
AGE
69
TENURE
4.6 yrs

Colin Hunt

TITLE
CEO & Executive Director
AGE
48
TENURE
0.2 yrs

Catherine Woods

TITLE
Deputy Chairman & Senior Independent Non-Executive Director
COMPENSATION
€180K
AGE
55
TENURE
1.3 yrs

Tomás O’Midheach

TITLE
COO, Deputy CEO & Executive Director
AGE
48
TENURE
0.2 yrs

Peter Hagan

TITLE
Non-Executive Director
COMPENSATION
€95K
AGE
70
TENURE
6.8 yrs

Sandy Pritchard

TITLE
Non-Executive Director
AGE
59
TENURE
0.2 yrs

Tom Foley

TITLE
Non-Executive Director
COMPENSATION
€122K
AGE
64
TENURE
6.7 yrs

Helen Normoyle

TITLE
Non-Executive Director
COMPENSATION
€75K
AGE
50
TENURE
3.4 yrs

Carolan Lennon

TITLE
Non-Executive Director
COMPENSATION
€80K
AGE
51
TENURE
2.6 yrs

Brendan McDonagh

TITLE
Non-Executive Director
COMPENSATION
€94K
AGE
59
TENURE
2.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess AIB Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. AIB Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

AIB Group plc provides banking and financial products and services to retail, business, and corporate customers. It operates through Retail & Commercial Banking; Wholesale, Institutional & Corporate Banking; AIB UK; and Group segments. The company offers current and savings accounts, demand deposits, notice deposits, fixed term deposits, junior/student saver deposits, and currency deposits. It also provides personal, car, home improvement, travel, education, first, wedding, and overdraft loans, as well as graduate finance, mortgages, corporate finance, asset finance, business loans, energy efficiency finance, farmer credit line, farm development loans, forestry finance, invoice finance, prompt pay and insurance premium finance, startup loans, brexit loans, farm investment loans, venture capital finance, debt finance, real estate finance, and trade finance. In addition, the company offers credit and debit cards; investment funds; home, car, travel, life, business succession insurance products; and life assurance, serious illness cover, income protection products. Further, it provides payment, merchant, cash management, FX rates, foreign currency and interest rate risk management, exporting, international cash flow management, foreign exchange, interest rate fluctuation management, inheritance tax planning, and retirement and pension planning services; e-statements; private, online, mobile, tablet, phone, self-service, branch, post, and community banking services; and direct debits and standing orders, and mortgage consultancy services. AIB Group plc operates through a network of 295 locations in the Republic of Ireland and 29 locations in the United Kingdom. The company was formerly known as Allied Irish Banks, p.l.c. and changed its name to AIB Group plc in December 2017. AIB Group plc was founded in 1825 and is headquartered in Dublin, Ireland.

Details
Name: AIB Group plc
AIBG.Y
Exchange: OTCPK
Founded: 1825
€12,099,596,719
2,714,381,237
Website: http://group.aib.ie
Address: AIB Group plc
Bankcentre,
PO Box 452,
Dublin,
Co. Dublin, 4,
Ireland
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ISE AIBG Ordinary Shares Irish Stock Exchange IE EUR 11. Dec 2017
OTCPK AIBR.F Ordinary Shares Pink Sheets LLC US USD 11. Dec 2017
DB A5G Ordinary Shares Deutsche Boerse AG DE EUR 11. Dec 2017
LSE AIBG Ordinary Shares London Stock Exchange GB EUR 11. Dec 2017
OTCPK AIBG.Y UNSPONSORD ADR Pink Sheets LLC US USD 14. Mar 2018
Number of employees
Current staff
Staff numbers
9,831
AIB Group employees.
Industry
Diversified Banks
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/20 03:29
End of day share price update: 2019/03/13 00:00
Last estimates confirmation: 2019/05/17
Last earnings filing: 2019/03/29
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.