Professional
Added to YB: 2024-08-05
Pitch date: 2024-06-30
BG.VI [bullish]
BAWAG Group AG
+116%
current return
Author Info
No bio for this author
Company Info
BAWAG Group AG operates as a holding company for BAWAG P.S.K. Bank für Arbeit und Wirtschaft und Österreichische Postsparkasse Aktiengesellschaft that provides various banking products and services in Austria, Western Europe, Germany, Switzerland, the Netherlands, North America, and internationally.
Market Cap
EUR 6.8B
Pitch Price
EUR 56.34
Price Target
N/A
Dividend
6.37%
EV/EBITDA
N/A
P/E
9.26
EV/Sales
N/A
Sector
Banks
Category
value
Ariel Global Fund New Position: BAWAG Group AG
BAWAG Group AG (BG.VI): Undervalued bank w/ growth potential, best-in-class efficiency & high capital returns. 2025-26 consensus estimates too low. Knab acquisition & potential Barclays German deal boost growth. Strong FCF generation & shareholder returns via dividends. Mgmt focused on M&A & capital allocation.
Read full article (1 min)