Ang comprehensive.. Galing! Looking forward ako sa IPO nito since December 2021.. Sana lang, bumaba pa ung price per share pra mas enticing sa mga Investors..
Interesting! I haven't done this myself but how does the recurring income look if we carve out non-recurring one-offs such as trading? I'm sure umakyat yan nung pandemic as rates went down. NPLs, may section sa BSP excluding retail? I suspect medyo malayo NPLs ng consumer loans sa non-retail. Agree ako sa competitive landscape at nasa corp banking, but feeling ko talaga nipis ng margins dito. I don't see much growth. Unless siguro magSME sila. Haha just my thoughts
Balance lang din :) most top tier corp loans, rate nasa 2%, loan rate ng car loan, 12%. SME loans nasa mga 8%. So net risk return din. And remember most corporate loans are clean, meaning walang collateral unlike retail auto and housing loans na laging may collateral. Credit card at personal loans, clean pero liit lang nun sa total bank portfolio. But tama naman, mas ok na tinignan yung npl ratio relative to the market. Just that we may want to look at non-retail npl kasi you're comparing against total npl na baka naskew ng retail segment.
I remember na to be a universal bank, dapat may % of equity na nasa nasa public. 10 ata. To be listed within 3 years of approval, otherwise revoked. Funding, nasa 20 bio na capital BCom, minimum capital for universal with 100+ branches is 20 bio. So it's more the listing requirement than the funding.
Nothing new with the fundamentals. All updates are about the IPO dates :) Tentative offer period: March 16-22, 2022 Tentative listing date: March 31, 2022 Tentative offer price: P12.50/share
@@KuyaRap nakow pag nakadeposit ako yong interest labas in 9months. Seriously, I find your vlogs instructive and quite easy to understand by an investment newbie like me. Salamat.
In my opinion avoid this IPO, Bank of Commerce isn't really a competitive bank and there are other banks that are cheaper. I prefer shares of Asia Unitedor Metrobank. If you can take more risk maybe RCBC and Eastwest. Also avoid PNB.
Updated IPO deets
Trading symbol: "BNCOM"
Tentative offer period: March 16-22, 2022
Tentative listing date: March 31, 2022
Final offer price: P12/share (4% discount from P12.50)
Ang comprehensive.. Galing! Looking forward ako sa IPO nito since December 2021.. Sana lang, bumaba pa ung price per share pra mas enticing sa mga Investors..
Thank you for the valuable information :) It helped us to have a comprehensive outlook about the bank
Interesting! I haven't done this myself but how does the recurring income look if we carve out non-recurring one-offs such as trading? I'm sure umakyat yan nung pandemic as rates went down.
NPLs, may section sa BSP excluding retail? I suspect medyo malayo NPLs ng consumer loans sa non-retail.
Agree ako sa competitive landscape at nasa corp banking, but feeling ko talaga nipis ng margins dito. I don't see much growth. Unless siguro magSME sila. Haha just my thoughts
Looking forward for BCOM iPO. Thank you for making this video.
Best of luck!
Thank you, sir for the information!
Welcome sir!!
Galing. Thanks for the information sir
So customer neto puro corporations? Its good, kesa sa mga retailers na kapag di nakabayad instant bad debt! Nice analysis. Thank you.
Balance lang din :) most top tier corp loans, rate nasa 2%, loan rate ng car loan, 12%. SME loans nasa mga 8%. So net risk return din.
And remember most corporate loans are clean, meaning walang collateral unlike retail auto and housing loans na laging may collateral. Credit card at personal loans, clean pero liit lang nun sa total bank portfolio.
But tama naman, mas ok na tinignan yung npl ratio relative to the market. Just that we may want to look at non-retail npl kasi you're comparing against total npl na baka naskew ng retail segment.
Very nice review Sir Rap.
Thank you. Very informative.
Sir san po kayo nakakakuha nung financial statements nila? Thank you po in advance :)
Hi Sir Rap, BSP grant the universal banking license of Bankcom last December 2021. :)
Good info sir! Thanks for sharing 😍
I remember na to be a universal bank, dapat may % of equity na nasa nasa public. 10 ata. To be listed within 3 years of approval, otherwise revoked.
Funding, nasa 20 bio na capital BCom, minimum capital for universal with 100+ branches is 20 bio. So it's more the listing requirement than the funding.
Sino hinete sir?
hi! san po pwede bumili ng shares? wala po sa COL and PSE. salamat
Hindi pa po available. The listing date is on March 23 😊
pati na rin po yung IPO? salamat po. i have watched all your videos. Thanks!
Kuya Rap natawa ako sa Tyra Banks! LOL😂🤣
Any updAtes on BCOM ipo?
Nothing new with the fundamentals. All updates are about the IPO dates :)
Tentative offer period: March 16-22, 2022
Tentative listing date: March 31, 2022
Tentative offer price: P12.50/share
kay Tyra Banks ako mag-bangko. payag kaya sya?
Balita ko mataas daw interest nila hehe
@@KuyaRap nakow pag nakadeposit ako yong interest labas in 9months. Seriously, I find your vlogs instructive and quite easy to understand by an investment newbie like me. Salamat.
HAHAHA PG13 po tayo dito 😂😂😂 Salamat din po!
@@KuyaRap i like that you have accompanying slides. very helpful.
Bili ko 500k worth of shares nito
kamusta po haha
@@ralphd4942 ndi nmn ako bumili talaga 😆
@@millennialinmanila5621 hahaha sayang!
@@millennialinmanila5621 hahaha
In my opinion avoid this IPO, Bank of Commerce isn't really a competitive bank and there are other banks that are cheaper. I prefer shares of Asia Unitedor Metrobank. If you can take more risk maybe RCBC and Eastwest. Also avoid PNB.
hi, curious lang. why should we avoid PNB? Thanks po.
@@quarterlifeman2470 Malaki bad loans nila at saka the way it is run. The stock seems depressed for longer term.