Bell Financial : BFG 2021 Full Year Results Presentation
February 15, 2022 at 09:04 pm EST
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onlyBELL FINANCIAL GROUP (ASX:BFG) 2021 FULL YEAR RESULTS
useAustralian owned.
We provide full service and online broking, capital markets and financial advisory services to private, institutional and corporate clients.
We are a developer of proprietary technology, platforms, products and services for the Australian financial markets.
ersonal16 FEBRUARY 2022
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CONTENTS
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Key Highlights
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Group Financial Summary - FY 2021
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3
Corporate Structure
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4
Strategy
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Bell Financial Group
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KEY HIGHLIGHTS
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KEY HIGHLIGHTS
REVENUEPROFIT AFTER TAXFUNDS UNDER ADVICE
$292.1m
$44.1m
$75.9b
2.4% decrease on 2020
5.5% decrease on 2020
18.8% increase on 2020
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EARNINGS PER SHARE
DIVIDEND PER SHARE
RETURN ON EQUITY
13.8¢ share
11.0¢ share
26.4%
5.5% decrease on 2020
4.8% increase on 2021
9% decrease on 2020
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─ Full year revenue $292.1 million, down 2.4% on the previous corresponding period (p.c.p).
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─ Full year profit after tax $44.1 million, down 5.5% on the p.c.p. reflecting marginally lower revenue, and an increase in overheads as we continue to invest in the Technology & Platforms and the Products & Services businesses.
─ Funds Under Advice increased 18.8%, compared with the S&P/ASX200 benchmark up 13.0%. ─ Earnings per Share 13.8 cents, down 5.5% on 2020.
─ 11.0 cents fully franked Dividend per Share, up 4.8% on 2020 (4.5 cps interim, 6.5 cps final).
─ Our strategy is continuous investment in proprietary platforms and technology and in-house products and services. The benefits are real and measurable. Revenue in these two divisions was up over 10% y.o.y. to $67.7 million, and profit was up 12.5% to $15.3 million.
─ A strong cash backed Balance Sheet with no core debt, other than in the margin lending business.
─ Third Party Platform is now clearing for Bell Potter Securities and commenced clearing for Macquarie Equities Limited clients in November 2021.
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GROUP FINANCIAL SUMMARY
FY 2021
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Bell Financial Group Limited published this content on 16 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 February 2022 02:03:02 UTC.
Bell Financial Group Limited is an Australia-based company that is engaged in the financial services business. The Company provides full service and online broking, capital markets and financial advisory services to private, institutional and corporate clients. Its business includes Bell Potter Securities, Bell foreign exchange, Bell Potter Capital, Bell Direct, Desktop Broker, Bell Potter Online and Bell Direct Advantage. Its segment includes technology and platforms, products and services, retail, and institutional. Technology and platforms segment includes online broking and third party clearing. Products and services segment includes margin lending, cash, portfolio administration and superannuation solutions products and services. Retail segment includes traditional retail client broking. Institutional segment includes traditional wholesale client broking. Desktop Broker provides online broking services and technological solutions to financial intermediaries in wholesale market.