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ANSA Merchant Bank

TTSE:AMBL
Snowflake Description

Adequate balance sheet with proven track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
AMBL
TTSE
TTD3B
Market Cap
  1. Home
  2. TT
  3. Diversified Financials
Company description

ANSA Merchant Bank Limited, together with its subsidiaries, provides a range of banking and financial services in Trinidad and Tobago, and the Caribbean. The last earnings update was 10 days ago. More info.


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AMBL Share Price and Events
7 Day Returns
0%
TTSE:AMBL
-2.6%
South America Diversified Financial
-1.6%
TT Market
1 Year Returns
-1.9%
TTSE:AMBL
-20%
South America Diversified Financial
-3.4%
TT Market
AMBL Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
ANSA Merchant Bank (AMBL) 0% 0% 1.2% -1.9% -9.3% -6.8%
South America Diversified Financial -2.6% -17.8% -21.4% -20% -17.2% -18.3%
TT Market -1.6% -9.1% -7.5% -3.4% -4.6% -7.6%
1 Year Return vs Industry and Market
  • AMBL outperformed the Diversified Financial industry which returned -20% over the past year.
  • AMBL outperformed the Market in Trinidad and Tobago which returned -3.4% over the past year.
Price Volatility
AMBL
Industry
5yr Volatility vs Market

AMBL Value

 Is ANSA Merchant Bank undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of ANSA Merchant Bank to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for ANSA Merchant Bank.

TTSE:AMBL Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= TTD26.46 * 10.1%
TTD2.68
Book Value of Equity per Share Median Book Value from the past 5 years. TTD26.46
Discount Rate (Cost of Equity) See below 17.2%
Perpetual Growth Rate 10-Year TT Government Bond Rate 7.5%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for TTSE:AMBL
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year TT Govt Bond Rate 7.5%
Equity Risk Premium S&P Global 10.8%
Diversified Financial Unlevered Beta Simply Wall St/ S&P Global 0.71
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.711 (1 + (1- 25%) (26.09%))
0.9
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.9
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.47% + (0.9 * 10.82%)
17.2%

Discounted Cash Flow Calculation for TTSE:AMBL using Excess Returns Model Model

The calculations below outline how an intrinsic value for ANSA Merchant Bank is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

TTSE:AMBL Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (10.1% – 17.2%) * TTD26.46)
TTD-1.87
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= TTD-1.87 / (17.2% - 7.47%)
TTD-19.23
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= TTD26.46 + TTD-19.23
TTD7.23
TTSE:AMBL Discount to Share Price
Calculation Result
Value per share (TTD) From above. TTD7.23
Current discount Discount to share price of TTD36.30
= -1 x (TTD36.30 - TTD7.23) / TTD7.23
-401.8%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of ANSA Merchant Bank is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for ANSA Merchant Bank's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are ANSA Merchant Bank's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TTSE:AMBL PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in TTD TTD3.24
TTSE:AMBL Share Price ** TTSE (2020-04-03) in TTD TTD36.3
South America Diversified Financial Industry PE Ratio Median Figure of 17 Publicly-Listed Diversified Financial Companies 13x
Trinidad and Tobago Market PE Ratio Median Figure of 20 Publicly-Listed Companies 14.95x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of ANSA Merchant Bank.

TTSE:AMBL PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TTSE:AMBL Share Price ÷ EPS (both in TTD)

= 36.3 ÷ 3.24

11.19x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • ANSA Merchant Bank is good value based on earnings compared to the South America Diversified Financial industry average.
  • ANSA Merchant Bank is good value based on earnings compared to the Trinidad and Tobago market.
Price based on expected Growth
Does ANSA Merchant Bank's expected growth come at a high price?
Raw Data
TTSE:AMBL PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 11.19x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Global Diversified Financial Industry PEG Ratio Median Figure of 55 Publicly-Listed Diversified Financial Companies 0.46x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for ANSA Merchant Bank, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on ANSA Merchant Bank's assets?
Raw Data
TTSE:AMBL PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in TTD TTD29.62
TTSE:AMBL Share Price * TTSE (2020-04-03) in TTD TTD36.3
South America Diversified Financial Industry PB Ratio Median Figure of 20 Publicly-Listed Diversified Financial Companies 1.15x
Trinidad and Tobago Market PB Ratio Median Figure of 24 Publicly-Listed Companies 1.16x
TTSE:AMBL PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TTSE:AMBL Share Price ÷ Book Value per Share (both in TTD)

= 36.3 ÷ 29.62

1.23x

* Primary Listing of ANSA Merchant Bank.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • ANSA Merchant Bank is overvalued based on assets compared to the South America Diversified Financial industry average.
X
Value checks
We assess ANSA Merchant Bank's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Diversified Financial industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Diversified Financial industry average (and greater than 0)? (1 check)
  5. ANSA Merchant Bank has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

AMBL Future Performance

 How is ANSA Merchant Bank expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 ANSA Merchant Bank 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
7.6%
Expected Diversified Financial industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is ANSA Merchant Bank expected to grow at an attractive rate?
  • Unable to compare ANSA Merchant Bank's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare ANSA Merchant Bank's earnings growth to the market average as no estimate data is available.
  • Unable to compare ANSA Merchant Bank's revenue growth to the market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TTSE:AMBL Future Growth Rates Data Sources
Data Point Source Value (per year)
Global Diversified Financial Industry Earnings Growth Rate Market Cap Weighted Average 7.6%
Global Diversified Financial Industry Revenue Growth Rate Market Cap Weighted Average 2.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TTSE:AMBL Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in TTD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TTSE:AMBL Past Financials Data
Date (Data in TTD Millions) Revenue Cash Flow Net Income *
2019-12-31 1,036 516 278
2019-09-30 926 285 220
2019-06-30 891 549 225
2019-03-31 886 390 230
2018-12-31 844 492 206
2018-09-30 903 1,100 194
2018-06-30 911 675 204
2018-03-31 913 603 206
2017-12-31 945 612 232
2017-09-30 886 13 265
2017-06-30 860 -4 289
2017-03-31 811 -45 292

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if ANSA Merchant Bank is high growth as no earnings estimate data is available.
  • Unable to determine if ANSA Merchant Bank is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TTSE:AMBL Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from ANSA Merchant Bank Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TTSE:AMBL Past Financials Data
Date (Data in TTD Millions) EPS *
2019-12-31 3.24
2019-09-30 2.58
2019-06-30 2.63
2019-03-31 2.68
2018-12-31 2.41
2018-09-30 2.27
2018-06-30 2.38
2018-03-31 2.40
2017-12-31 2.71
2017-09-30 3.09
2017-06-30 3.38
2017-03-31 3.42

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if ANSA Merchant Bank will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Check out ANSA Merchant Bank's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
  2. ANSA Merchant Bank's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Diversified Financials companies here
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess ANSA Merchant Bank's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Global market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Global market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
ANSA Merchant Bank has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

AMBL Past Performance

  How has ANSA Merchant Bank performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare ANSA Merchant Bank's growth in the last year to its industry (Diversified Financial).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • ANSA Merchant Bank's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • ANSA Merchant Bank's 1-year earnings growth exceeds its 5-year average (34.8% vs -1.1%)
  • ANSA Merchant Bank's earnings growth has exceeded the South America Diversified Financial industry average in the past year (34.8% vs 27.8%).
Earnings and Revenue History
ANSA Merchant Bank's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from ANSA Merchant Bank Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TTSE:AMBL Past Revenue, Cash Flow and Net Income Data
Date (Data in TTD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 1,036.39 277.60 255.33
2019-09-30 926.39 220.49 202.71
2019-06-30 890.79 225.17 202.71
2019-03-31 886.09 229.54 202.71
2018-12-31 843.56 205.99 202.71
2018-09-30 903.37 194.04 230.82
2018-06-30 910.57 203.83 230.82
2018-03-31 912.63 205.81 230.82
2017-12-31 944.93 232.24 230.82
2017-09-30 885.52 264.81 199.99
2017-06-30 860.26 289.29 199.99
2017-03-31 811.06 292.43 199.99
2016-12-31 738.53 251.71 199.99
2016-09-30 817.32 293.13 192.24
2016-06-30 758.08 241.64 192.24
2016-03-31 719.19 232.99 192.24
2015-12-31 725.02 247.42 192.24
2015-09-30 712.16 224.51 164.41
2015-06-30 720.01 245.87 164.41
2015-03-31 725.22 233.33 164.41
2014-12-31 694.98 213.04 164.41
2014-09-30 667.69 223.85 160.77
2014-06-30 744.06 258.14 160.77
2014-03-31 742.84 243.20 160.77
2013-12-31 759.72 266.37 160.77
2013-09-30 663.57 175.68 162.43
2013-06-30 635.91 142.21 162.43

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • ANSA Merchant Bank has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • ANSA Merchant Bank used its assets more efficiently than the South America Diversified Financial industry average last year based on Return on Assets.
  • ANSA Merchant Bank has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess ANSA Merchant Bank's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Diversified Financial industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
ANSA Merchant Bank has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

AMBL Health

 How is ANSA Merchant Bank's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up ANSA Merchant Bank's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • ANSA Merchant Bank's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • ANSA Merchant Bank's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of ANSA Merchant Bank's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 2.8x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from ANSA Merchant Bank Company Filings, last reported 3 months ago.

TTSE:AMBL Past Debt and Equity Data
Date (Data in TTD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 2,536.46 802.87 1,735.48
2019-09-30 2,410.51 0.00 508.99
2019-06-30 2,404.74 0.00 529.98
2019-03-31 2,349.08 0.00 447.18
2018-12-31 2,367.45 803.41 1,361.45
2018-09-30 2,256.13 0.00 594.13
2018-06-30 2,226.34 0.00 346.35
2018-03-31 2,183.17 0.00 462.44
2017-12-31 2,322.17 904.32 1,423.72
2017-09-30 2,266.07 0.00 513.60
2017-06-30 2,240.11 0.00 688.46
2017-03-31 2,181.76 0.00 867.04
2016-12-31 2,202.16 1,004.33 1,622.97
2016-09-30 2,100.46 0.00 906.97
2016-06-30 2,051.00 0.00 1,050.19
2016-03-31 2,062.97 0.00 1,058.90
2015-12-31 2,040.45 921.57 1,924.73
2015-09-30 1,903.76 0.00 399.83
2015-06-30 1,874.20 0.00 412.68
2015-03-31 1,906.24 0.00 753.65
2014-12-31 1,888.23 770.13 2,320.77
2014-09-30 1,768.63 0.00 537.16
2014-06-30 1,726.04 0.00 1,033.98
2014-03-31 1,752.87 0.00 1,109.44
2013-12-31 1,733.47 672.88 2,221.02
2013-09-30 1,635.90 0.00 1,364.22
2013-06-30 1,535.43 0.00 1,294.06
  • ANSA Merchant Bank's level of debt (31.7%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (40.3% vs 31.7% today).
  • Debt is well covered by operating cash flow (64.3%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 4.2x coverage).
X
Financial health checks
We assess ANSA Merchant Bank's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. ANSA Merchant Bank has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

AMBL Dividends

 What is ANSA Merchant Bank's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from ANSA Merchant Bank dividends.
If you bought TTD2,000 of ANSA Merchant Bank shares you are expected to receive TTD0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate ANSA Merchant Bank's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate ANSA Merchant Bank's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TTSE:AMBL Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
South America Diversified Financial Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 4.4%
Trinidad and Tobago Market Average Dividend Yield Market Cap Weighted Average of 18 Stocks 4.3%
Trinidad and Tobago Minimum Threshold Dividend Yield 10th Percentile 3.1%
Trinidad and Tobago Bottom 25% Dividend Yield 25th Percentile 3.8%
Trinidad and Tobago Top 25% Dividend Yield 75th Percentile 5.3%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

TTSE:AMBL Past Annualized Dividends Data
Date (Data in TTD) Dividend per share (annual) Avg. Yield (%)
2020-03-27 0.000 0.000
2019-08-12 1.200 3.332
2019-03-22 1.200 3.249
2018-09-07 1.200 3.143
2018-03-22 1.200 3.008
2017-08-18 1.200 2.999
2017-03-28 1.200 3.000
2016-08-02 1.050 2.624
2016-04-08 1.050 2.647
2015-08-18 1.050 2.693
2015-04-16 1.000 2.569
2014-09-12 1.000 2.548
2014-04-25 1.000 2.575
2013-09-11 0.850 2.211
2013-04-30 0.850 2.205
2012-04-20 0.850 2.342
2011-09-16 0.900 2.611
2011-03-23 0.850 2.668
2010-04-06 1.400 4.440
2009-09-30 0.300 1.008
2009-08-10 0.300 1.029

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as ANSA Merchant Bank has not reported any payouts.
  • Unable to verify if ANSA Merchant Bank's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of ANSA Merchant Bank's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as ANSA Merchant Bank has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess ANSA Merchant Bank's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 3.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can ANSA Merchant Bank afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. ANSA Merchant Bank has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

AMBL Management

 What is the CEO of ANSA Merchant Bank's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Gregory Hill
TENURE AS CEO 7.1 years
CEO Bio

Mr. Gregory N. Hill has been Managing Director of ANSA Merchant Bank Limited since March 19, 2013 and served as its Deputy Managing Director from December 19, 2012 to March 19, 2013. Mr. Hill serves as Executive Director of Merchant Banking of ANSA Merchant Bank Limited until December 19, 2012. He serves as Executive Director of ANSA Merchant Bank Limited.

CEO Compensation
  • Insufficient data for Gregory to compare compensation growth.
  • Insufficient data for Gregory to establish whether their remuneration is reasonable compared to companies of similar size in .
Management Team Tenure

Average tenure of the ANSA Merchant Bank management team in years:

3.3
Average Tenure
  • The tenure for the ANSA Merchant Bank management team is about average.
Management Team

Gregory Hill

TITLE
MD & Director
TENURE
7.1 yrs

Darrin Ramdeen

TITLE
Chief Financial Officer
AGE
42
TENURE
4.8 yrs

A. Sabga

TITLE
Head of Investments
TENURE
2.7 yrs

Ian Chin

TITLE
Head of Sales & Trading and Merchant Banking
TENURE
3.3 yrs

Kavita Singh

TITLE
Head of Wealth Management
TENURE
2.7 yrs

Robert Ferreira

TITLE
Company Secretary & Manager of Risk
TENURE
6.7 yrs

Reaaz Shah

TITLE
Head of Treasury & Trading
TENURE
2.7 yrs

Ronald Milford

TITLE
Managing Director of TATIL Life
Board of Directors

Andrew Sabga

TITLE
Chairman of the Board
TENURE
2.9 yrs

Gregory Hill

TITLE
MD & Director

Ray Sumairsingh

TITLE
Deputy Chairman

Timothy Hamel-Smith

TITLE
Independent Director

Nicholas W. Owen

TITLE
Independent Director

Jeremy Matouk

TITLE
Independent Director

Ian Welch

TITLE
Independent Director

Larry Howai

TITLE
Director
TENURE
2.7 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (TTD) Value (TTD)
X
Management checks
We assess ANSA Merchant Bank's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. ANSA Merchant Bank has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

AMBL News

Simply Wall St News

AMBL Company Info

Description

ANSA Merchant Bank Limited, together with its subsidiaries, provides a range of banking and financial services in Trinidad and Tobago, and the Caribbean. The company operates through four segments: Banking Services, Mutual Funds, Life Insurance Operations, and General Insurance Operations. It offers auto financing; asset finance for new equipment or vehicles; and investment services, including portfolio management and advisory services to high net worth individuals and the corporate community, as well as US dollar/Trinidad and Tobago dollar (TTD) investments and mutual funds. The company also provides merchant banking services, such as structured finance; capital market products; corporate advisory services in the areas of mergers and acquisitions, corporate refinancing, valuations, takeover defense, divestment, and privatizations for private sector institutions in the energy, packaging, manufacturing, and other sectors, as well as governments; corporate banking services; and bond trading services. In addition, it offers various treasury services comprising fixed deposit accounts in TTD and USD, and treasury bill and foreign currency services. Further, the company provides securities trading services; and underwrites individual participating and non-participating life, group life, individual, group annuity and pension, commercial and residential fire, general accident, marine, motor, workmen compensation, group and individual health, and rental of property insurance products. ANSA Merchant Bank Limited was incorporated in 1977 and is headquartered in Port of Spain, Trinidad and Tobago. ANSA Merchant Bank Limited is a subsidiary of ANSA McAL Limited.

Details
Name: ANSA Merchant Bank Limited
AMBL
Exchange: TTSE
Founded: 1977
TTD3,107,471,046
85,605,263
Website: http://www.ansabank.com
Address: ANSA Merchant Bank Limited
ANSA Centre,
11A Maraval Road,
Port of Spain,
Trinidad & Tobago
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TTSE AMBL Ordinary Shares Trinidad & Tobago Stock Exchange TT TTD 22. May 2003
Number of employees
Current staff
Staff numbers
0
ANSA Merchant Bank employees.
Industry
Other Diversified Financial Services
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/06 18:15
End of day share price update: 2020/04/03 00:00
Last earnings filing: 2020/03/27
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.