OTCPK:BBAJ.F

Stock Analysis Report

Banco del Bajío Institución de Banca Múltiple

Executive Summary

Banco del Bajío, S.A., Institución de Banca Múltiple provides various banking products and services to individuals, corporations, governments, and small and medium enterprises in Mexico.

Snowflake

Fundamentals

Flawless balance sheet and undervalued.

Risks

  • Banco del Bajío Institución de Banca Múltiple has significant price volatility in the past 3 months.

Share Price & News

How has Banco del Bajío Institución de Banca Múltiple's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-7.5%

OTCPK:BBAJ.F

-1.8%

US Banks

0.2%

US Market


1 Year Return

n/a

OTCPK:BBAJ.F

-15.3%

US Banks

-0.7%

US Market

No trading data on BBAJ.F.

No trading data on BBAJ.F.


Share holder returns

BBAJ.FIndustryMarket
7 Day-7.5%-1.8%0.2%
30 Day-15.7%-6.4%-2.7%
90 Day-20.7%-4.0%1.6%
1 Yearn/a-12.9%-15.3%1.6%-0.7%
3 Yearn/a41.3%31.7%40.0%30.9%
5 Yearn/a50.8%34.5%53.8%36.8%

Price Volatility Vs. Market

How volatile is Banco del Bajío Institución de Banca Múltiple's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Banco del Bajío Institución de Banca Múltiple undervalued based on future cash flows and its price relative to the stock market?

49%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Banco del Bajío Institución de Banca Múltiple's share price is below the future cash flow value, and at a moderate discount (> 20%).

Banco del Bajío Institución de Banca Múltiple's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Banco del Bajío Institución de Banca Múltiple is good value based on earnings compared to the US Banks industry average.

Banco del Bajío Institución de Banca Múltiple is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Banco del Bajío Institución de Banca Múltiple is good value based on expected growth next year.


Price Based on Value of Assets

Banco del Bajío Institución de Banca Múltiple is overvalued based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is Banco del Bajío Institución de Banca Múltiple expected to perform in the next 1 to 3 years based on estimates from 9 analysts?

12.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Banco del Bajío Institución de Banca Múltiple's revenue is expected to grow by 10.2% yearly, however this is not considered high growth (20% yearly).

Banco del Bajío Institución de Banca Múltiple's earnings are expected to grow by 12.3% yearly, however this is not considered high growth (20% yearly).

Banco del Bajío Institución de Banca Múltiple's revenue growth is expected to exceed the United States of America market average.

Banco del Bajío Institución de Banca Múltiple's earnings growth is positive but not above the United States of America market average.

Banco del Bajío Institución de Banca Múltiple's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Banco del Bajío Institución de Banca Múltiple is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Banco del Bajío Institución de Banca Múltiple performed over the past 5 years?

32.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Banco del Bajío Institución de Banca Múltiple has delivered over 20% year on year earnings growth in the past 5 years.

Banco del Bajío Institución de Banca Múltiple's 1-year earnings growth is less than its 5-year average (23.1% vs 32%)

Banco del Bajío Institución de Banca Múltiple's earnings growth has not exceeded the US Banks industry average in the past year (23.1% vs 33.2%).


Return on Equity

Banco del Bajío Institución de Banca Múltiple has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Banco del Bajío Institución de Banca Múltiple 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 Banco del Bajío Institución de Banca Múltiple 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 Banco del Bajío Institución de Banca Múltiple'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

Banco del Bajío Institución de Banca Múltiple has an acceptable proportion of non-loan assets held.

Banco del Bajío Institución de Banca Múltiple has a sufficient allowance for bad loans.

Banco del Bajío Institución de Banca Múltiple's liabilities are made up of primarily low risk sources of funding.

Banco del Bajío Institución de Banca Múltiple's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).

Loans at Banco del Bajío Institución de Banca Múltiple are broadly funded by customer deposits.

Banco del Bajío Institución de Banca Múltiple has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

What is Banco del Bajío Institución de Banca Múltiple's current dividend yield, its reliability and sustainability?

5.60%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Unable to evaluate Banco del Bajío Institución de Banca Múltiple's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Banco del Bajío Institución de Banca Múltiple's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Banco del Bajío Institución de Banca Múltiple has not reported any payouts.

Unable to verify if Banco del Bajío Institución de Banca Múltiple's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Banco del Bajío Institución de Banca Múltiple has not reported any payouts.


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 Banco del Bajío Institución de Banca Múltiple's salary, the management and board of directors tenure and is there insider trading?

9.5yrs

Average management tenure


CEO

Edgardo del Rincón Gutiérrez 0

0.1yrs

Tenure

0

Edgardo del Rincón Gutiérrez serves as Chief Executive Officer of Banco del Bajío, SA, Institución de Banca Múltiple since July 1, 2019. He served as the Chief Executive Officer of Central America at Grupo ...


Management Age and Tenure

9.5yrs

Average Tenure

The average tenure for the Banco del Bajío Institución de Banca Múltiple management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

10.6yrs

Average Tenure

The average tenure for the Banco del Bajío Institución de Banca Múltiple board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Edgardo del Rincón Gutiérrez

    Chief Executive Officer

    • Tenure: 0.1yrs
  • Carlos De la Cerda Serrano

    Executive Vice Chairman of the Board

    • Tenure: 0.1yrs
  • C.P.C. Eduardo Noé Franco

    Financial Director

    • Tenure: 0.0yrs
  • Roberto Hernández De Hita

    Director of Operations & Technology

    • Tenure: 6.4yrs
  • Joaquín David Domínguez Cuenca

    Executive Director of Finance & Treasury and Alternate Director

    • Tenure: 0.0yrs
  • Juan Carlos Santos Mijangos

    Director of Credit

    • Tenure: 12.6yrs
  • Blanca Verónica Casillas Placencia

    Corporate Legal Director & Secretary

    • Tenure: 13.6yrs
  • Gustavo Núñez Jiménez

    Director of Human Capital & Assets

    • Tenure: 0.0yrs
  • Alberto Guajardo Meléndez

    Director of Investor Relations

    • Tenure: 0.0yrs

Board Members

  • Carlos De la Cerda Serrano

    Executive Vice Chairman of the Board

    • Tenure: 0.1yrs
  • Gabriel Ramírez Fernández (48yo)

    Independent Director

    • Tenure: 4.6yrs
  • Salvador Oñate Barrón

    Director

    • Tenure: 6.3yrs
  • Rolando Uziel Candiotti

    Director

    • Tenure: 15.6yrs
  • Salvador Oñate Ascencio

    Chairman of the Board

    • Tenure: 24.6yrs
  • José Olivares Vidal

    Independent Director

    • Tenure: 10.6yrs
  • Jorge Arturo Martínez González

    Independent Director

    • Tenure: 10.6yrs
  • Fabián Federico Uribe Fernández

    Director

    • Tenure: 0.0yrs
  • Bárbara Jean Mair Rowberry

    Independent Director

    • Tenure: 0.0yrs
  • Joaquín David Domínguez Cuenca

    Executive Director of Finance & Treasury and Alternate Director

    • Tenure: 0.0yrs

Company Information

Banco del Bajío, S.A., Institución de Banca Múltiple's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Banco del Bajío, S.A., Institución de Banca Múltiple
  • Ticker: BBAJ.F
  • Exchange: OTCPK
  • Founded: 1994
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: Mex$38.340b
  • Listing Market Cap: Mex$1.941b
  • Shares outstanding: 1.19b
  • Website: https://www.bb.com.mx

Location

  • Banco del Bajío, S.A., Institución de Banca Múltiple
  • Manuel J. Clouthier Avenue No. 402
  • Colonia Jardines de Campestre
  • León
  • Guanajuato
  • 37128
  • Mexico

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BBAJIO OBMV (Bolsa Mexicana de Valores)YesOrdinary SharesMXMXNJun 2017
BBAJ.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJun 2017

Biography

Banco del Bajío, S.A., Institución de Banca Múltiple provides various banking products and services to individuals, corporations, governments, and small and medium enterprises in Mexico. The company offers ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/21 01:10
End of Day Share Price2019/08/20 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.