IFIC BANK PLCII

IFIC BANK PLC

7.10BDTD
0.000.00%
At close at Mar 25, 07:48 GMT
BDT
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IFIC fundamentals

Key facts

Market capitalization‪13.65 B‬BDT
Founded1976
Employees (FY)‪5.42 K‬
CEO
About

IFIC Bank Plc engages in the provision of commercial banking services. It offers corporate, retail, SME, Internet, and mobile banking services. It operates through the Conventional Banking and Off-Shore Banking Unit segments. The company was founded on October 8, 1976 and is headquartered in Dhaka, Bangladesh.

Ownership
‪‪1.92 B‬‬
Free Float shares
‪‪1.18 B‬‬ (61.21%)
Closely held shares
‪‪745.51 M‬‬ (38.79%)
Free Float shares
‪‪1.18 B‬‬ (61.21%)
Closely held shares
‪‪745.51 M‬‬ (38.79%)
Capital structure
Market cap
‪‪13.65 B‬‬
Debt
‪‪16.55 B‬‬
Minority interest
‪‪18.71 K‬‬
Cash & equivalents
‪‪26.39 B‬‬
Enterprise value
‪‪3.82 B‬‬

Valuation

Fundamental metrics to determine fair value of the stock

Summary
‪‪13.65 B‬‬
Price to earning ratio (P/E)
5.63x
Price to sales ratio (P/S)
0.26x
Market Cap
Net income
Revenue
Price to earning ratio (P/E)
5.63x
Price to sales ratio (P/S)
0.26x
Valuation ratios
‪0.00‬
‪0.15‬
‪0.30‬
‪0.45‬
‪0.60‬
Q3 '23
Q4 '23
Q1 '24
Q2 '24
Q3 '24
‪0.00‬
‪2.00‬
‪4.00‬
‪6.00‬
‪8.00‬
P/E
P/S

Growth and Profitability

Company’s recent performance and margins

Performance
‪0.5%‬
‪4.5%‬
‪8.5%‬
‪12.5%‬
‪16.5%‬
Q3 '23
Q4 '23
Q1 '24
Q2 '24
Q3 '24
‪0.00‬
‪‪4.00 B‬‬
‪‪8.00 B‬‬
‪‪12.00 B‬‬
‪‪16.00 B‬‬
Total revenue
Net income
Net margin %
Revenue to profit conversion
Total revenue
Int. expense & PCL
Non-int. expense
Op income
Unusual income/ expense
Pretax income
Taxes & Other
Net income
‪‪−5.00 B‬‬
‪0.00‬
‪‪5.00 B‬‬
‪‪10.00 B‬‬
‪‪15.00 B‬‬
Total revenue
Int. & Non-int. expenses
Op income
Expenses & adjustments
Net income
‪‪−5.00 B‬‬
‪0.00‬
‪‪5.00 B‬‬
‪‪10.00 B‬‬
‪‪15.00 B‬‬

Revenue breakdown

Revenue streams and regions a business earns money from

By source/business
Period: 2023
Conventional Banking
IFIC Securities Limited
IFIC Money Transfer (United Kingdom) Limited
Adjustment
IFIC Investment Limited
Off-shore Banking Unit
By country
Period: 2023
Bangladesh
United Kingdom

Dividends

Dividend yield, history and sustainability

Dividend summary
0.00%
Payout ratio (TTM)
Dividend yield TTM
0.00%
Last payment
Last ex-date
Dividend history
‪0.0%‬
‪0.6%‬
‪1.2%‬
‪1.8%‬
‪2.4%‬
2019
2020
2021
2022
2023
‪0.00‬
‪0.06‬
‪0.12‬
‪0.18‬
‪0.24‬
Dividends per share (FY)
Dividend yield (FY) %

Financial health

Financial position and solvency of the company

Loans and customer deposits
Q3 '23
Q4 '23
Q1 '24
Q2 '24
Q3 '24
‪0.00‬
‪‪130.00 B‬‬
‪‪260.00 B‬‬
‪‪390.00 B‬‬
‪‪520.00 B‬‬
Net loans
Total deposits
Loan loss allowances
Capital adequacy analysis
Q3 '23
Q4 '23
Q1 '24
Q2 '24
Q3 '24
Common equity Tier 1 ratio
Tier 1 capital ratio
Total capital ratio