Company Bank of Africa

Equities

BOA

MA0000012437

Banks

End-of-day quote Casablanca S.E. 07:00:00 2024-03-27 pm EDT 5-day change 1st Jan Change
195 MAD 0.00% Intraday chart for Bank of Africa -0.51% +8.64%

Business Summary

BMCE Bank of Africa is one of the leading Moroccan private banking groups. The activity is primarily organized around 5 sectors:

- network banking: sales of classic banking products and services and specialized (consumer loans, real estate lending, leasing, factoring, bank insurance);

- finance banking;

- market and investment banking: primarily financial intermediation, performance of transactions related to negotiable debt securities and merger-acquisition consulting;

- asset management;

- supply of services for international: transfer of monetary flows, supply of documentary services, guarantees, investment promotion, coordination of transactions (primarily in the field of lending), import financing, etc.

At the end of 2021, the group managed MAD 192.5 billion in current deposits and MAD 179.3 billion in current credits.

Number of employees: 4,596

Sales per Business

MAD in Million2021Weight2022Weight Delta
International Activities
52.7 %
7,239 49.6 % 8,232 52.7 % +13.71%
Bank of Morocco
39.6 %
6,220 42.6 % 6,183 39.6 % -0.61%
Specialized Financial Services
4.5 %
641 4.4 % 701 4.5 % +9.34%
Asset Management and Business Banking
2.2 %
362 2.5 % 346 2.2 % -4.48%
Other Activities
1.0 %
144 1.0 % 163 1.0 % +13.09%

Sales per region

MAD in Million2021Weight2022Weight Delta
International
52.7 %
7,239 49.6 % 8,232 52.7 % +13.71%
Morocco
47.3 %
7,368 50.4 % 7,393 47.3 % +0.34%

Managers

Managers TitleAgeSince
Chief Executive Officer 91 94-12-31
Director of Finance/CFO 69 85-12-31
Chief Operating Officer 61 -
Director/Board Member 64 89-12-31
Investor Relations Contact - -
Corporate Officer/Principal - -
Corporate Officer/Principal - -
Corporate Officer/Principal 62 -
Corporate Officer/Principal - -
Corporate Officer/Principal 67 -

Members of the board

Members of the board TitleAgeSince
Director/Board Member - 18-05-23
Chief Executive Officer 91 94-12-31
Director/Board Member - 99-12-31
Director/Board Member - -
Director/Board Member 64 89-12-31
Director/Board Member 56 -
Corporate Officer/Principal 62 -
Director/Board Member - -
Director/Board Member 51 14-12-31
Director/Board Member - -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 212,565,642 43,235,851 ( 20.34 %) 0 20.34 %

Shareholders

NameEquities%Valuation
GamaLife - Companhia de Seguros de Vida SA
2.254 %
4,790,957 2.254 % 95 M MAD
ACA Asset Management Company & Associés SASU
0.0218 %
46,397 0.0218 % 920 479 MAD
Eurizon Capital SA
0.0140 %
29,674 0.0140 % 588 708 MAD
Sanlam Investment Management (Pty) Ltd.
0.007302 %
15,521 0.007302 % 307 924 MAD
Fideuram Asset Management (Ireland) DAC
0.005504 %
11,700 0.005504 % 232 119 MAD
OTP Fund Management Ltd.
0.004382 %
9,315 0.004382 % 184 802 MAD
New Africa Advisers, Inc.
0.003891 %
8,271 0.003891 % 164 090 MAD
NameEquities%Valuation
Oddo BHF Asset Management GmbH
0.0108 %
65,000 0.0108 % 430 170 MAD
BNP Paribas Asset Management Belgium SA
0.004999 %
30,000 0.004999 % 198 540 MAD
NameEquities%Valuation
GamaLife - Companhia de Seguros de Vida SA
0.2310 %
1,386,000 0.2310 % 9 M MAD
NameEquities%Valuation
Eurizon Capital SA
0.000010 %
20 0.000010 % 7 MAD
Fideuram Asset Management (Ireland) DAC
0.000002 %
5 0.000002 % 2 MAD

Company contact information

Bank of Africa SA

140, Avenue Hassan II

20250, Casablanca

+212 5 22 20 04 92

http://www.bmcebank.ma
address Bank of Africa(BOA)

Group companies

NameCategory and Sector
Investment Banks/Brokers
Investment Managers
Regional Banks
Major Banks

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
UNDERPERFORM
Number of Analysts
2
Last Close Price
195 MAD
Average target price
180.5 MAD
Spread / Average Target
-7.44%
Consensus

Annual profits - Rate of surprise