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Big Banc Split Corp. (TSE:BNK)
:BNK
Canadian Market

Big Banc Split (BNK) AI Stock Analysis

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Big Banc Split

(TSX:BNK)

Rating:54Neutral
Price Target:
Big Banc Split's stock shows signs of recovery with improved financial performance, particularly in cash flow management and balance sheet health. However, volatility in revenue and an extremely high P/E ratio pose significant risks. The dividend yield offers a positive aspect for investors, but the technical indicators suggest neutral momentum in the market.

Big Banc Split (BNK) vs. iShares MSCI Canada ETF (EWC)

Big Banc Split Business Overview & Revenue Model

Company DescriptionBig Banc Split (BNK) is a financial services company specializing in providing innovative banking solutions through its distinct divisions, which encompass retail banking, corporate finance, and investment management. BNK leverages cutting-edge technology to offer a comprehensive range of products, including personal and business banking services, wealth management, and financial advisory services, catering to a diverse clientele across multiple sectors.
How the Company Makes MoneyBig Banc Split (BNK) generates revenue through multiple streams, primarily consisting of interest income from loans and mortgages, fees and commissions from banking services, and investment income from its wealth management and advisory divisions. The retail banking division earns through interest on personal and business loans, credit cards, and mortgages. The corporate finance division provides tailored financial solutions to businesses, earning fees from underwriting, advisory services, and transaction processing. Additionally, the investment management division generates income through management fees and performance-based incentives tied to client asset growth. Strategic partnerships with fintech companies and other financial institutions also contribute to BNK's revenue by expanding its service offerings and customer base.

Big Banc Split Financial Statement Overview

Summary
Big Banc Split shows signs of recovery in 2023 with improved profitability and strong cash flow management. The balance sheet remains healthy, primarily due to zero debt, despite a decline in total assets. The income statement reflects volatility with inconsistent revenue performance, which poses a risk. Future focus should be on stabilizing revenue growth and enhancing operational efficiency.
Income Statement
45
Neutral
The income statement shows a significant recovery in 2023 with positive revenue and net income, following a challenging 2022 where both were negative. The gross profit margin in 2023 is strong, but the absence of EBIT and EBITDA margins raises concerns about operational efficiency. The revenue growth rate is not calculable due to negative revenue in 2022, indicating a volatile performance.
Balance Sheet
65
Positive
The balance sheet is stable with no debt in 2023, indicating strong financial health and low leverage risk. The equity ratio has decreased from 2022 but remains healthy. Return on Equity saw improvement from a negative position in 2022 to a positive in 2023, reflecting better profitability. However, the decline in total assets over the years suggests potential risks in asset management.
Cash Flow
80
Positive
Cash flow analysis is impressive with consistent positive operating cash flow. The operating cash flow to net income ratio is robust, indicating good cash generation relative to earnings. Free cash flow saw significant growth in 2023, highlighting strong cash profitability. The cash flow management suggests a solid ability to fund operations and investments.
BreakdownDec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue2.14M-3.96M13.36M7.44M
Gross Profit2.14M-3.96M13.36M7.44M
EBITDA0.00-7.97M0.000.00
Net Income1.97M-4.10M13.27M5.31M
Balance Sheet
Total Assets28.52M32.27M44.90M40.46M
Cash, Cash Equivalents and Short-Term Investments765.52K0.00242.01K4.03M
Total Debt0.00200.87K0.000.00
Total Liabilities13.90M14.42M16.40M18.41M
Stockholders Equity14.62M17.86M28.51M22.05M
Cash Flow
Free Cash Flow5.22M5.19M1.98M-29.40M
Operating Cash Flow5.22M5.19M1.98M-29.40M
Investing Cash Flow0.000.000.000.00
Financing Cash Flow-4.25M-5.64M-5.77M33.43M

Big Banc Split Technical Analysis

Technical Analysis Sentiment
Positive
Last Price16.13
Price Trends
50DMA
13.50
Positive
100DMA
12.99
Positive
200DMA
12.37
Positive
Market Momentum
MACD
0.59
Negative
RSI
83.62
Negative
STOCH
98.66
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:BNK, the sentiment is Positive. The current price of 16.13 is above the 20-day moving average (MA) of 14.30, above the 50-day MA of 13.50, and above the 200-day MA of 12.37, indicating a bullish trend. The MACD of 0.59 indicates Negative momentum. The RSI at 83.62 is Negative, neither overbought nor oversold. The STOCH value of 98.66 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:BNK.

Big Banc Split Peers Comparison

Overall Rating
UnderperformOutperform
Sector (60)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
TSDIV
76
Outperform
C$488.64M19.289.37%7.93%10.66%-27.12%
TSSBC
74
Outperform
3.0435.91%11.44%10.76%
TSDF
66
Neutral
1.59
26.44%-31.03%
TSENS
65
Neutral
2.2149.05%15.15%38.35%
60
Neutral
C$14.55B5.4520.17%6.08%26.88%-38.18%
TSBNK
54
Neutral
C$21.62M5.6331.87%8.93%-72.10%-77.56%
* Financial Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:BNK
Big Banc Split
15.90
6.26
64.94%
TSE:DF
Dividend 15 Split II
6.18
2.47
66.62%
TSE:SBC
Brompton Splt Banc A
10.60
3.05
40.40%
TSE:DIV
Diversified Royalty Corp
3.18
0.67
26.69%
TSE:ENS
E Split Corp. Class A
14.14
4.12
41.12%

Big Banc Split Corporate Events

Product-Related AnnouncementsDividends
Purpose Investments Announces January 2025 Fund Distributions
Neutral
Jan 24, 2025

Purpose Investments Inc. announced the January 2025 distributions for its open-end exchange-traded and closed-end funds. The distribution details, including ex-distribution dates and payable dates, were provided for various funds, indicating the company’s ongoing commitment to providing regular income to its investors.

Big Banc Split: December 2024 Fund Distributions
Dec 18, 2024

Purpose Investments Inc. has announced its December 2024 distributions for its range of open-end and closed-end funds, offering investors a variety of financial opportunities. The distributions will begin on December 27 for open-end funds and on December 31 for closed-end funds, with payments following in January 2025. Notably, the funds include popular ETFs like the Apple Yield Shares and Purpose Bitcoin Yield ETF, catering to diverse investment interests.

Purpose Investments Unveils November Fund Distributions
Nov 20, 2024

Purpose Investments Inc. has announced the November 2024 distributions for its various open-end and closed-end exchange traded funds. Investors can expect monthly payouts with specific ex-distribution dates set for November 27th and 29th. These distributions offer a range of opportunities for income-seeking investors looking to diversify their portfolios.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jan 14, 2025