Stock of the Week – BFR – Part 2

BBVA Banco Francés (casa matriz)

Image via Wikipedia

Market – S&P 500: No change today – MA(50) is still below MA(200). Cannot confirm an uptrend yet. Better not to buy any stocks at this time.

BFR – Banco Frances S.A., Financial, Money Center Banks, Small Cap Blend, Based in Argentina, $9.65 (24 Sep 2010)

I managed to get BFR’s earnings for the last 5 years. As shown on the table below, BFR has been making positive growth earnings from ARS 428.7K in 2005 to ARS 658.7K in 2009. Note that 1 ARS (Argentinian Pesos) is equivalent to $US 0.2520. BFR’s EPS has steadily increased from US$ 0.22 in 2005 to US$ 0.34 in 2009. The growth of the EPS for the last 5 years is between 8.54% to 17.64%. Not the spectacular growth that we’re after but it is good enough as the bank shows consistent growth in its earnings. Plus the bank gives out a dividend yield of 8.65%, which is a steady additional annual return for a long-term investor.

Stock of the Week - BFR

Disclaimer: Techniques or analysis covered on this website are to be used at your own risk. I cannot guarantee the outcome of applying any of the techniques or analysis, will always be in your favor. You must always do your own analysis and make your own decision before you purchase a stock.
“Stock of the Week” is not a recommendation of stock. It is a coverage of an interesting stock. Unless otherwise stated, no actual purchases or sales of stocks are undertaken. Actions taken are only simulated trading.


About zakton

I love Internet activities: browsing, blogging, commenting, learning from the Internet etc. etc.
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