Fundamental analysis by بورس24 | Bourse24 about Stock ونوین on 4/3/2024

📢 #Venvin ✅ It is one of the few listed banks that transmits a positive operating balance to shareholders every month. In March 1402, the difference between the bank's operating income and expenses reached around 1.8 thousand billion tomans, and this means a 68% jump in the operating balance compared to March 1401. 🔴🔴 Also, with the transmission of the March report, the file of the operational period of 1402 has been closed with the registration of approximately 43 thousand billion tomans of operating income and 29 billion operating expenses. In other words, in the annual scale, the operational balance of this fundamental bank has reached more than 13.6 thousand billion tomans, which is a 2.46 times jump of this important operational factor compared to the period of 1401. 🔴🔴 The balance of invested deposits with the bank is one of the most important fundamental variables on which the main income channel of the bank, i.e. the income from granting facilities, depends on it. At the end of March 1401, total deposits were reported to be approximately 183 thousand billion Tomans. During the past year, capital attraction plans have been successfully implemented and the bank has been able to attract approximately 46 thousand billion tomans of new deposits and bring the balance of available deposits to around 229 hemats. The greater the amount of available resources, the greater the operational potential of the bank in granting micro and macro facilities, and as a result, more income was recognized from the place of granting facilities. Following the strengthening of the bank's lending capacity, in the period of 1402, a total of 37 thousand billion tomans of income from the facility was identified, a figure that has been recorded as 13.5 billion tomans compared to the same period. Such an event has had a significant impact on the significant growth of the operating balance in this period. It is important to note that despite the significant growth in the income of granting facilities, the cash outflow due to interest on deposits shows only 33% growth; from 20.5 to 27.2 thousand billion tomans; The data that shows the economic and effective management of financial resources available by the management team. ✅ Recently, it recorded a 100% increase in capital from accumulated profits and reserves with the aim of improving operational ratios, including capital adequacy, and increased the nominal value of its capital to 6.08. In the capital market, the company is valued at approximately 19 thousand billion tomans. During the period of 1402, the value of each share of the company reached from 193 tomans to 350 tomans and by recording 80% capital gain, it registered one of the best performances among banks. Currently, each share is traded at the price of 310 Tomans. 🔴🔴 Another 100% capital increase is underway. The sources of this capital increase are supposed to be provided from the accumulated profit and other reserves. . According to the rules of the central bank, the maximum facilities and major obligations for the bank are equal to 8% of their base capital. Following this event, the bank's capital adequacy ratio and lending ability were strengthened. For a better understanding of Venvin's profitability potential, imagine that the deposit attraction trend continues to rise and the bank injects a larger percentage of deposits into the economy in the form of facilities. ✅ In the 9-month period, with a report of 4.9 thousand billion Tomans of net profit, it was able to cover all the profits of the period of 1401 and make a profit of 162 Tomans per share, a figure that is almost 3 times the same period. #⃣ #pulse_bazar 🔗 The pulse of the stock market @bourse24ir