OTCPK:MDIB.Y

Stock Analysis Report

Mediobanca Banca di Credito Finanziario

Executive Summary

Mediobanca Banca di Credito Finanziario S.p.A., together with its subsidiaries, provides various banking products and services in Italy and internationally.

Snowflake

Fundamentals

Average dividend payer and fair value.


Similar Companies

Share Price & News

How has Mediobanca Banca di Credito Finanziario's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0.1%

OTCPK:MDIB.Y

-2.6%

US Banks

-1.0%

US Market


1 Year Return

-1.7%

OTCPK:MDIB.Y

-14.2%

US Banks

-0.4%

US Market

MDIB.Y outperformed the Banks industry which returned -14.2% over the past year.

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


Share holder returns

MDIB.YIndustryMarket
7 Day0.1%-2.6%-1.0%
30 Day-8.4%-6.3%-3.3%
90 Day-3.4%-3.5%0.8%
1 Year2.4%-1.7%-11.8%-14.2%1.9%-0.4%
3 Year51.3%38.1%42.2%32.4%39.4%30.4%
5 Yearn/a53.3%36.7%54.2%37.1%

Price Volatility Vs. Market

How volatile is Mediobanca Banca di Credito Finanziario's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Mediobanca Banca di Credito Finanziario undervalued based on future cash flows and its price relative to the stock market?

8.74x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Mediobanca Banca di Credito Finanziario's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Mediobanca Banca di Credito Finanziario's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Mediobanca Banca di Credito Finanziario is good value based on earnings compared to the US Banks industry average.

Mediobanca Banca di Credito Finanziario is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Mediobanca Banca di Credito Finanziario earnings are not expected to grow next year, we can't assess if its growth is good value.


Price Based on Value of Assets

Mediobanca Banca di Credito Finanziario is good value based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is Mediobanca Banca di Credito Finanziario expected to perform in the next 1 to 3 years based on estimates from 7 analysts?

-0.03%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Mediobanca Banca di Credito Finanziario's revenue is expected to grow by 5% yearly, however this is not considered high growth (20% yearly).

Mediobanca Banca di Credito Finanziario's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.

Mediobanca Banca di Credito Finanziario's revenue growth is positive but not above the United States of America market average.

Mediobanca Banca di Credito Finanziario's earnings are expected to decrease over the next 1-3 years, this is below the United States of America market average.

Mediobanca Banca di Credito Finanziario's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Mediobanca Banca di Credito Finanziario is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Mediobanca Banca di Credito Finanziario performed over the past 5 years?

12.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Mediobanca Banca di Credito Finanziario's year on year earnings growth rate has been positive over the past 5 years.

Mediobanca Banca di Credito Finanziario's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Mediobanca Banca di Credito Finanziario's 1-year earnings growth is negative, it can't be compared to the US Banks industry average.


Return on Equity

Mediobanca Banca di Credito Finanziario has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Mediobanca Banca di Credito Finanziario used its assets less efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Mediobanca Banca di Credito Finanziario 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 Mediobanca Banca di Credito Finanziario'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


Financial Institutions Analysis

Mediobanca Banca di Credito Finanziario has an acceptable proportion of non-loan assets held.

Unable to establish if Mediobanca Banca di Credito Finanziario has a sufficient allowance for bad loans without relevant financial data.

Mediobanca Banca di Credito Finanziario's liabilities are made up of primarily higher risk sources of funding.

Mediobanca Banca di Credito Finanziario's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).

Mediobanca Banca di Credito Finanziario has advanced significantly more loans than the customer deposits it holds (i.e. bank has borrowed additional funds to lend).

Mediobanca Banca di Credito Finanziario has a high level of bad loans (greater than 2%).


Next Steps

Dividend

What is Mediobanca Banca di Credito Finanziario's current dividend yield, its reliability and sustainability?

5.69%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Mediobanca Banca di Credito Finanziario's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).

Mediobanca Banca di Credito Finanziario's dividend is above 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 fallen over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (2.1x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be covered by earnings (1.9x coverage).


Next Steps

Management

What is the CEO of Mediobanca Banca di Credito Finanziario's salary, the management and board of directors tenure and is there insider trading?

7.9yrs

Average management tenure


CEO

Alberto Nagel (54yo)

10.8yrs

Tenure

€4,048,531

Compensation

Mr. Alberto Nicola Nagel has been the Chief Executive Officer at Mediobanca Banca di Credito Finanziario S.p.A. since October 2008 and serves as its Co-Head of CIB. Mr. Nagel served as Chief Executive Offi ...


CEO Compensation Analysis

Alberto's remuneration is lower than average for companies of similar size in United States of America.

Alberto's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

7.9yrs

Average Tenure

55yo

Average Age

The average tenure for the Mediobanca Banca di Credito Finanziario management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

6.3yrs

Average Tenure

69yo

Average Age

The tenure for the Mediobanca Banca di Credito Finanziario board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Emanuele Flappini

    Head of Company Financial Reporting

  • Francesco Vinci (57yo)

    GM & Director

    • Tenure: 9.3yrs
    • Compensation: 3.21m
  • Antonio Guglielmi

    Head of CIB Rome & Public Institutions and Head of European Equity Research

  • Jessica Spina

    Head of Group Investor Relations & Strategic Corporate Development

  • Francisco Bachiller

    Executive Chairman of Corporate & Investment Banking and Co-Head of CIB

    • Tenure: 1.3yrs
  • Matteo Maralla

    Head of Equity Capital Markets Syndicate

  • Ulrich Paefgen

    Vice Chairman of Strategic Development for Europe

    • Tenure: 6.5yrs
  • Adam Bolek

    Head of Germany Unit

    • Tenure: 6.5yrs
  • Alberto Nagel (54yo)

    CEO & Director

    • Tenure: 10.8yrs
    • Compensation: 4.05m
  • Clemente Rebecchini (55yo)

    Head of the Principal Investing Division and Central Manager

    • Tenure: 9.3yrs

Board Members

  • Alberto Pecci (76yo)

    Deputy Chairman of the Board

    • Tenure: 1.8yrs
    • Compensation: 153.59k
  • Francesco Vinci (57yo)

    GM & Director

    • Tenure: 10.8yrs
    • Compensation: 3.21m
  • Renato Pagliaro (62yo)

    Chairman

    • Tenure: 9.3yrs
    • Compensation: 2.25m
  • Maurizio Carfagna (72yo)

    Director

    • Tenure: 4.8yrs
    • Compensation: 210.00k
  • Gabriele Villa (55yo)

    Director

    • Tenure: 1.8yrs
    • Compensation: 128.06k
  • Maurizio Costa (71yo)

    Director

    • Tenure: 4.8yrs
    • Compensation: 129.78k
  • Elisabetta Magistretti (72yo)

    Director

    • Tenure: 7.8yrs
    • Compensation: 209.78k
  • Natale Freddi (67yo)

    Chairman of Statutory Audit Committee

    • Tenure: 7.8yrs
    • Compensation: 133.43k
  • Maurizia Comneno (71yo)

    Deputy Chairman of the Board

    • Tenure: 4.8yrs
    • Compensation: 225.00k
  • Alberto Nagel (54yo)

    CEO & Director

    • Tenure: 10.8yrs
    • Compensation: 4.05m

Company Information

Mediobanca Banca di Credito Finanziario S.p.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Mediobanca Banca di Credito Finanziario S.p.A.
  • Ticker: MDIB.Y
  • Exchange: OTCPK
  • Founded: 1946
  • Industry: diversified banks
  • Sector: banks
  • Market Cap: €7.403b
  • Listing Market Cap: €8.214b
  • Shares outstanding: 870.09m
  • Website: Click here

Number of Employees


Location

  • Mediobanca Banca di Credito Finanziario S.p.A.
  • Piazzetta Enrico Cuccia 1
  • Milan
  • Milan
  • 20121
  • Italy

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MBBIT (Borsa Italiana)YesOrdinary Registered SharesITEURJan 1992
ME9DB (Deutsche Boerse AG)YesOrdinary Registered SharesDEEURJan 1992
0HBFLSE (London Stock Exchange)YesOrdinary Registered SharesGBEURJan 1992
MDIB.FOTCPK (Pink Sheets LLC)YesOrdinary Registered SharesUSUSDJan 1992
MBMBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary Registered SharesGBEURJan 1992
MBWBAG (Wiener Boerse AG)YesOrdinary Registered SharesATEURJan 1992
MDIB.YOTCPK (Pink Sheets LLC)UNSPONSORED ADRUSUSDOct 2008

Biography

Mediobanca Banca di Credito Finanziario S.p.A., together with its subsidiaries, provides various banking products and services in Italy and internationally. It operates through five segments: Corporate & I ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/18 00:29
End of Day Share Price2019/08/16 00:00
Earnings2019/06/30
Annual Earnings2019/06/30


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.