$SECB leading the banks (22-Sept-2014)

2014-09-22 SECB

Technicals:

  1. MA (50) > MA (150) > MA (200)
  2. Current price is above major moving averages.
  3. Relatively stronger than $BDO in the current run of the FINANCIALS.
  4. .50/.50 Cash Div (Regular/Special) TBA.
  5. 52wk high 144.30 if chart is not adjusted :)
  6. Chart above is adjusted due to 20% stock div with ex-date of 27-Nov-2013.
  7. SECB made a new 52wk high on 14-Aug-2014. (See green arrow above)

Fundamentals:

  1. Net Income
    1. 2Q 2013 = 510M vs 2Q 2014 = 2.2B. An increase of 330%
    2. 1H 2013 = 1.7B vs 1H 2014 = 3.6B. More than double!
  2. EPS
    1. 2Q 2013 = .78 vs EPS 2Q 2014 = 3.63. An increase of 365%.
    2. 1H 2013 = 2.79 (adjusted due to 20% stock div) vs EPS 1H 2014 = 6.
  3. ROE
    1. 1H 2013 = 8.91% to 1H 2014 = 17.22%
  4. Net Interest Margin 1H
    1. marginally lower from 3.52% to 3.47%.
  5. Aggressive branch expansion
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