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ABC.

Banco del Caribe C.A. Banco UniversalCCSE:ABC.A Stock Report

Market Cap

14.1b

7D

37.8%

1Y

-100.0%

Updated

01 Dec, 2021

Data

Company Financials
ABC.A fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends0/6

ABC.A Stock Overview

Banco del Caribe, C.A., Banco Universal provides various banking products and financial services to individual customers, companies and small and medium-sized enterprises, and corporate and institutional clients.

Price History & Performance

Summary of all time highs, changes and price drops for Banco del Caribe C.A. Banco Universal
Historical stock prices
Current Share Price2.48
52 Week High2,500,000.00
52 Week Low1.78
Beta2.08
1 Month Change30.53%
3 Month Change-100.00%
1 Year Change-100.00%
3 Year Change-99.02%
5 Year Change16,271.80%
Change since IPOn/a

Recent News & Updates

Shareholder Returns

ABC.AVE BanksVE Market
7D37.8%1,612.9%2,008.7%
1Y-100.0%-7.5%-3.1%

Return vs Industry: ABC.A underperformed the VE Banks industry which returned -7.3% over the past year.

Return vs Market: ABC.A underperformed the VE Market which returned -2.6% over the past year.

Price Volatility

Is ABC.A's price volatile compared to industry and market?
ABC.A volatility
ABC.A Average Weekly Movement32.2%
Banks Industry Average Movement4.5%
Market Average Movement31.5%
10% most volatile stocks in VE Market32.2%
10% least volatile stocks in VE Market30.1%

Stable Share Price: ABC.A is more volatile than 90% of VE stocks over the past 3 months, typically moving +/- 32% a week.

Volatility Over Time: ABC.A's weekly volatility has increased from 20% to 32% over the past year.

About the Company

FoundedEmployeesCEOWebsite
19541,130Martin De Benedettohttps://www.bancaribe.com.ve

Banco del Caribe, C.A., Banco Universal provides various banking products and financial services to individual customers, companies and small and medium-sized enterprises, and corporate and institutional clients. It offers current, savings, checking, master, Escrow, deposit, and private accounts; debit and credit cards; foreign exchange and foreign trade services; investment solutions; and point of sale terminals. It also provides finance solutions; corporate finance and credit; financial advisory, debt restructuring, and valuation of companies; and payroll, treasury, and Internet and mobile banking services.

Banco del Caribe C.A. Banco Universal Fundamentals Summary

How do Banco del Caribe C.A. Banco Universal's earnings and revenue compare to its market cap?
ABC.A fundamental statistics
Market Cap14.07b
Earnings (TTM)2.37t
Revenue (TTM)29.84t

0.0x

P/E Ratio

0.0x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ABC.A income statement (TTM)
Revenue29.84t
Cost of Revenue1.35t
Gross Profit28.49t
Expenses26.12t
Earnings2.37t

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)15.92k
Gross Margin95.49%
Net Profit Margin7.94%
Debt/Equity Ratio0.0%

How did ABC.A perform over the long term?

See historical performance and comparison

Valuation

Is Banco del Caribe C.A. Banco Universal undervalued compared to its fair value and its price relative to the market?

0.00015x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate ABC.A's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate ABC.A's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: ABC.A is good value based on its PE Ratio (0x) compared to the South American Banks industry average (9.4x).

PE vs Market: ABC.A's PE Ratio (0x) is in line with the VE market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ABC.A's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ABC.A is good value based on its PB Ratio (0x) compared to the XS Banks industry average (1x).


Future Growth

How is Banco del Caribe C.A. Banco Universal forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.2%

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 Banco del Caribe C.A. Banco Universal 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.


Past Performance

How has Banco del Caribe C.A. Banco Universal performed over the past 5 years?

89.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ABC.A has a large one-off gain of VES1,714.8B impacting its June 30 2021 financial results.

Growing Profit Margin: ABC.A's current net profit margins (7.9%) are lower than last year (34.7%).


Past Earnings Growth Analysis

Earnings Trend: ABC.A's earnings have grown significantly by 89.4% per year over the past 5 years.

Accelerating Growth: ABC.A's earnings growth over the past year (704.1%) exceeds its 5-year average (89.4% per year).

Earnings vs Industry: ABC.A earnings growth over the past year (704.1%) exceeded the Banks industry 29.4%.


Return on Equity

High ROE: ABC.A's Return on Equity (9%) is considered low.


Financial Health

How is Banco del Caribe C.A. Banco Universal'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

Asset Level: ABC.A's Assets to Equity ratio (6.5x) is low.

Allowance for Bad Loans: ABC.A has a sufficient allowance for bad loans (6679%).

Low Risk Liabilities: 88% of ABC.A's liabilities are made up of primarily low risk sources of funding.

Loan Level: ABC.A has an appropriate level of Loans to Assets ratio (12%).

Low Risk Deposits: ABC.A's Loans to Deposits ratio (16%) is appropriate.

Level of Bad Loans: ABC.A has an appropriate level of bad loans (0.1%).


Dividend

What is Banco del Caribe C.A. Banco Universal current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate ABC.A's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ABC.A's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if ABC.A's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ABC.A's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: ABC.A is not paying a notable dividend for the VE market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ABC.A's dividend in 3 years as they are not forecast to pay a notable one for the VE market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.7yrs

Average board tenure


CEO

Martin De Benedetto

no data

Tenure

Mr. Martin Perez De Benedetto serves as Executive President at Banco Del Caribe, C.A., Banco Universal and served as its Executive Vice President of Corporate Banking and Business.


Board Members

Experienced Board: ABC.A's board of directors are considered experienced (5.7 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Banco del Caribe, C.A., Banco Universal's employee growth, exchange listings and data sources


Key Information

  • Name: Banco del Caribe, C.A., Banco Universal
  • Ticker: ABC.A
  • Exchange: CCSE
  • Founded: 1954
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: 14.072b
  • Shares outstanding: 148.80m
  • Website: https://www.bancaribe.com.ve

Number of Employees


Location

  • Banco del Caribe, C.A., Banco Universal
  • Av. Tamanaco, Torre Extebandes
  • Piso 1, Of. 1
  • Caracas
  • Distrito Federal
  • 1060
  • Venezuela

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/12/01 22:01
End of Day Share Price2021/12/01 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.