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BPV

Banco Provincial Banco UniversalCCSE:BPV Stock Report

Market Cap

768.8m

7D

2.5%

1Y

-100.0%

Updated

01 Dec, 2021

Data

Company Financials
BPV fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance5/6
Financial Health5/6
Dividends0/6

BPV Stock Overview

Banco Provincial, S.A. Banco Universal provides various banking products and services to individuals, businesses, and SMEs in Venezuela.

Price History & Performance

Summary of all time highs, changes and price drops for Banco Provincial Banco Universal
Historical stock prices
Current Share Price2.05
52 Week High2,156,187.40
52 Week Low1.60
Beta1.96
1 Month Change2.50%
3 Month Change-100.00%
1 Year Change-100.00%
3 Year Change-99.29%
5 Year Changen/a
Change since IPOn/a

Recent News & Updates

Shareholder Returns

BPVVE BanksVE Market
7D2.5%1,612.9%2,008.7%
1Y-100.0%-7.5%-3.1%

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

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

Price Volatility

Is BPV's price volatile compared to industry and market?
BPV volatility
BPV Average Weekly Movement32.3%
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: BPV is more volatile than 90% of VE stocks over the past 3 months, typically moving +/- 32% a week.

Volatility Over Time: BPV's weekly volatility has increased from 19% to 32% over the past year.

About the Company

FoundedEmployeesCEOWebsite
19521,932Jose Agustin Burgoshttps://www.provincial.com

Banco Provincial, S.A. Banco Universal provides various banking products and services to individuals, businesses, and SMEs in Venezuela. The company offers current, savings, foreign currency, and checking accounts; fixed and term deposits; and loans, including goods and services, mortgage, vehicle, flexible credit, instant payroll credit, liquid credit, commercial, microcredit, and instant credit line loans. It also provides commercial promissory note, factoring, credit line, discount on interests, and foreign trade services, as well as credit for manufacturing, tourist, and agricultural activities.

Banco Provincial Banco Universal Fundamentals Summary

How do Banco Provincial Banco Universal's earnings and revenue compare to its market cap?
BPV fundamental statistics
Market Cap768.78m
Earnings (TTM)56.05t
Revenue (TTM)205.83t

0.0x

P/E Ratio

0.0x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BPV income statement (TTM)
Revenue205.83t
Cost of Revenue5.30t
Gross Profit200.53t
Expenses144.48t
Earnings56.05t

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)149.46k
Gross Margin97.42%
Net Profit Margin27.23%
Debt/Equity Ratio0.0%

How did BPV perform over the long term?

See historical performance and comparison

Valuation

Is Banco Provincial Banco Universal undervalued compared to its fair value and its price relative to the market?

0.00001x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Earnings Growth Ratio

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


Price to Book Ratio

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


Future Growth

How is Banco Provincial 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 Provincial 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 Provincial Banco Universal performed over the past 5 years?

101.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BPV has high quality earnings.

Growing Profit Margin: BPV's current net profit margins (27.2%) are higher than last year (12.4%).


Past Earnings Growth Analysis

Earnings Trend: BPV's earnings have grown significantly by 101% per year over the past 5 years.

Accelerating Growth: BPV's earnings growth over the past year (7750.5%) exceeds its 5-year average (101% per year).

Earnings vs Industry: BPV earnings growth over the past year (7750.5%) exceeded the Banks industry 29.4%.


Return on Equity

High ROE: BPV's Return on Equity (16%) is considered low.


Financial Health

How is Banco Provincial 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: BPV's Assets to Equity ratio (3.6x) is low.

Allowance for Bad Loans: BPV has a sufficient allowance for bad loans (155%).

Low Risk Liabilities: 98% of BPV's liabilities are made up of primarily low risk sources of funding.

Loan Level: BPV has an appropriate level of Loans to Assets ratio (19%).

Low Risk Deposits: BPV's Loans to Deposits ratio (27%) is appropriate.

Level of Bad Loans: BPV has a high level of bad loans (3.3%).


Dividend

What is Banco Provincial Banco Universal current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate BPV'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 BPV's dividends per share have been stable in the past.

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BPV'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?

4.8yrs

Average board tenure


CEO

Jose Agustin Burgos

no data

Tenure

Mr. José Agustín Antón Burgos serves as Chief Executive Officer at Banco Provincial, S.A. Banco Universal and has been its Director since March 22, 2018.


Board Members

Experienced Board: BPV's board of directors are considered experienced (4.8 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 Provincial, S.A. Banco Universal's employee growth, exchange listings and data sources


Key Information

  • Name: Banco Provincial, S.A. Banco Universal
  • Ticker: BPV
  • Exchange: CCSE
  • Founded: 1952
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: 768.777m
  • Shares outstanding: 375.01m
  • Website: https://www.provincial.com

Number of Employees


Location

  • Banco Provincial, S.A. Banco Universal
  • Centro Financiero Provincial
  • Av. Este 0
  • Caracas
  • Distrito Federal
  • 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 21:56
End of Day Share Price2021/12/01 00:00
Earnings2021/09/30
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.