BSP Financial Group Ltd (ASX: BFL) Share Price and News

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BSP Financial Group Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $3.04 billion
P/E Ratio 9.09
Dividend Yield 8.68%
Shares Outstanding 467.22 million
Earnings per share 1.905
Dividend per share 0.57
Year To Date Return 28.52%
Earnings Yield 11.00%
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as at 24 Feb 3:44pm

  • BSP Financial Group Ltd (ASX: BFL)
    Latest News

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    Frequently Asked Questions

    Yes, BSP has historically paid two unfranked dividends a year.

    BSP generally pays its shareholder dividends in April and October.

    BSP Financial Group Ltd listed on the ASX on 25 May 2021.

    Dividend Payment History Data provided by Morningstar.

    Data provided by Morningstar.
    Ex-Date Amount Franking Type Payable
    27 Feb 2024 $1.0600 0.00% Final 22 Mar 2024
    22 Sep 2023 $0.1298 0.00% Interim 13 Oct 2023
    09 Mar 2023 $1.4000 0.00% Final 21 Apr 2023
    23 Sep 2022 $0.1216 0.00% Interim 14 Oct 2022
    10 Mar 2022 $0.4236 0.00% Final 22 Apr 2022
    24 Sep 2021 $0.1254 0.00% Interim 18 Oct 2021

    BFL ASX Announcements

    An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

    DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
    YesNo

    About BSP Financial Group Ltd

    BSP Financial Group Ltd (ASX: BFL) is a diversified financial business covering banking, asset finance, life insurance, funds management, and corporate advisory services across Papua New Guinea (PNG) and the South Pacific.

    Its most recognised operating segment is BSP Bank which has the largest branch network throughout PNG, Cook Islands, Fiji, Solomon Islands, Samoa, Tonga, and Vanuatu. 

    BSP also has three 100%-owned subsidiaries: PNG stockbroking and funds management business BSP Capital; specialist asset finance company BSP Finance operating in PNG and Fiji; and specialist Fiji life insurance company BSP Life.

    The company listed on the ASX in 2021.

     

    BFL Share Price History Data provided by Morningstar.

    Data provided by Morningstar.
    Date Close Change % Change Volume Open High Low
    22 May 2024 $6.55 $-0.10 -1.50% 3,560 $6.65 $6.65 $6.55
    21 May 2024 $6.65 $0.17 2.62% 5,551 $6.55 $6.65 $6.55
    20 May 2024 $6.48 $0.08 1.25% 4,044 $6.50 $6.60 $6.48
    17 May 2024 $6.40 $0.11 1.75% 2,710 $6.30 $6.40 $6.30
    16 May 2024 $6.29 $0.04 0.64% 9,355 $6.30 $6.30 $6.28
    15 May 2024 $6.25 $-0.54 -7.95% 1,647 $6.73 $6.73 $6.25
    14 May 2024 $6.79 $-0.06 -0.88% 1,737 $6.70 $6.89 $6.70
    13 May 2024 $6.85 $0.55 8.73% 5,811 $6.47 $6.89 $6.47
    10 May 2024 $6.30 $0.06 0.96% 8,056 $6.24 $6.30 $6.24
    09 May 2024 $6.24 $-0.01 -0.16% 8,482 $6.25 $6.26 $6.24
    08 May 2024 $6.25 $0.15 2.46% 7,114 $6.15 $6.25 $6.15
    07 May 2024 $6.10 $0.15 2.52% 13,156 $5.95 $6.15 $5.95
    06 May 2024 $5.95 $-0.02 -0.34% 5,328 $5.97 $5.97 $5.91
    03 May 2024 $5.97 $0.00 0.00% 2,307 $5.97 $5.97 $5.94
    02 May 2024 $5.97 $-0.14 -2.29% 15,058 $6.00 $6.00 $5.90
    01 May 2024 $6.11 $-0.03 -0.49% 11,289 $6.20 $6.24 $5.89
    30 Apr 2024 $6.14 $0.14 2.33% 10,737 $6.00 $6.14 $5.90
    29 Apr 2024 $6.00 $0.15 2.56% 4,897 $5.86 $6.00 $5.86
    26 Apr 2024 $5.85 $0.00 0.00% 9,333 $5.89 $5.89 $5.85
    24 Apr 2024 $5.85 $0.00 0.00% 11,017 $5.84 $5.85 $5.83
    23 Apr 2024 $5.85 $0.00 0.00% 7,532 $5.85 $5.85 $5.84

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    13 May 2024 Robert Bradshaw Buy 4,350 $73,123
    On-market trade. PGK
    13 May 2024 Priscilla Kevin Buy 300 $5,043
    On-market trade. PGK
    10 May 2024 Mark Robinson Buy 2,000 $12,600
    On-market trade.
    08 May 2024 Mark Robinson Buy 4,979 $30,936
    On-market trade.
    06 May 2024 Mark Robinson Buy 1,100 $6,545
    On-market trade.
    08 Mar 2024 Fa'amausili Lua'iufi Buy 12,418 $199,929
    On-market trade. Papua New Guinean Kina $
    26 Feb 2024 Symon Brewis-Weston Buy 1,430 $10,045
    On-market trade.

    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Mr Robert George Bradshaw Non-Executive DirectorNon-Executive Chairman Sep 2017
    Mr Bradshaw has practiced law for almost 30 years. He was formerly a Partner in the firm Blake Dawson Waldron (now Ashurst) and commenced practice on his own, as Bradshaw Lawyers in 2005. Mr. Bradshaw has been involved in different areas of law, particularly in resource development, industrial relations, banking and finance and commercial litigation.
    Mr Symon George Brewis-Weston Non-Executive Director Apr 2021
    Mr Weston was formerly CEO & Executive Director at Humm Group Ltd (2016-2018), Executive General Manager Corporate Financial Services at Commonwealth Bank of Australia and Chief Executive Officer at Sovereign Assurance Co. Ltd (NZ), a subsidiary of CBA. Symon also served as Chairman of Stockco Ltd, an Australian livestock financier from 2019 2022. Mr. Brewis Weston held various senior leadership positions at CBA for 15 years. He spent 6 years leading CBA's Indonesia operations and also in China developing the company's Chinese banking strategy. In 2015, Mr. Brewis Weston received the United Nation's Global CEO Women Empowerment Principle's Leadership Award for his contribution to the enhancement of diversity and women's empowerment in the workplace.
    Mr Stuart Arthur Davis Non-Executive Director Aug 2017
    Mr Davis is also currently a Non Executive director of ASX 100 company NextDC Ltd, where he serves as Chair of its Remuneration Committee and a member of its Audit and Risk Committee. He is also a Non Executive Director of Appen Limited and PayPal Australia Ltd where he is Chair of its Risk Committee. Mr. Davis previously was CEO of HSBC Bank in India from 2009 to 2012, one of the largest foreign banks in India with staff of 8,000 and pretax earnings in excess of USD800 million. Prior to that appointment, he was CEO of HSBC Bank in Australia from 2002 to 2009 and CEO of HSBC in Taiwan from 1999 to 2002, having joined the HSBC Group in 1981.
    Dr Fa'amausili Matagialofi Lua'iufi Non-Executive Director Dec 2016
    Dr Lua'iufi is An experienced public sector practitioner and consultant. Dr. Lua'iufi worked in the Samoa Public Service Commission Office for 25 years, with almost 12 of those years in the role of CEO. Under her stewardship, the Samoa Public Service undertook various change management programs to improve service delivery. Faamausili Dr. Lua'iufi served in many Government state owned enterprise boards in her capacity as CEO of the Samoa Public Service Commission. Since becoming a consultant in late 2008, Faamausili Dr. Lua'iufi has performed more than 50 consultancy assignments in the domains of Human Resources Management, Organizational Development, Performance Management and Governance.
    Ms Priscilla Kevin Non-Executive Director Apr 2020
    Ms Kevin is an IT professional and entrepreneur specialising in Enterprise Resource Planning (ERP) Support Advisory. Ms Kevin has over 20 years ICT industry experience providing ICT consultancy and support to a range of businesses as well as government bodies. Since 2018, Ms. Kevin served as an Independent Committee Member of the BSP Board Risk Committee.
    Mr Frank Dobi Bouraga Non-Executive Director Dec 2020
    Mr Bouraga has over 26 years in accounting practice and is currently a partner in Assurance and Business Advisory Services with SBC Solutions. Prior to SBC Solutions, Mr. Bouraga was the Country Managing Partner for Ernst & Young Papua New Guinea for 5 years as an audit and business advisory services partner. He also worked with PricewaterhouseCoopers for over 7 years and worked with Star Business Consultants between 2004 and 2011.
    Mrs Patricia Taureka-Seruvatu Non-Executive Director Apr 2022
    Mrs Taureka Seruvatu has over 30 years' experience in the legal, superannuation, property, commercial and corporate services in PNG. She is currently employed as the General Counsel & Company Secretary for Dirio Gas & Power Company Limited. Prior to this, Mrs. Taureka Seruvatu previously served as Company Secretary for Nambawan Super Limited from 2001 to 2019.
    Mr Ian Allan Tarutia Non-Executive Director Apr 2023
    Mr Tarutia is an experienced corporate executive for over 25 years with a background in superannuation, finance, banking, investments, governance and strategic management. He is also an experienced board room director with over 18 years' experience on various public and private sector Boards in PNG, Australia and the Pacific region. He was CEO of National Superannuation Fund of Papua New Guinea for 15 years from July 2007 until he retired on the 31 March 2023 and established NCSL in 2003 for Nasfund members which is the largest savings & loan society in the Pacific today by membership size. Today he runs his consultancy practice and is the current President of the Papua New Guinea Chamber of Commerce & Industry. He is a former President of the Papua New Guinea Institute of Directors and former Chairman of the Pacific Islands Investment Forum, an organization of superannuation funds in the Pacific and New Zealand.
    Mr Stephen Charles Beach Non-Executive Director May 2024
    Mr Beach is an accounting professional, with over forty years of experience in the fields of assurance, business advisory, taxation and corporate reporting, including thirty-five years in PNG. Mr Beach was a PwC partner from 1996 until he resigned from the PNG partnership in 2019. He is now a principal of Beach Accounting Advisory (BAA Consulting Limited), providing tax, advisory and audit services to PNG. He is involved with the Certified Practicing Accountants of PNG, having previously served as a council member for seven years, being a past Vice-President, and chairing both the Standards and the Conference and Continuing Professional Education committeesand an alternate member of the Accountants Registration Board.
    Mr Mark Timothy Robinson Chief Executive Officer Mar 2023
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    Ms Pamela Potane Acting company secretary Feb 2024
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    Pamela Potane Acting company secretary
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    Mark Timothy Robinson Chief Executive Officer
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    Maryann Lameko Vaai General Manager Pacific Markets
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    Ronesh Dayal Group Chief Financial Officer
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    Richard Nicholls Group Chief Information Officer
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    Nuni Kulu Group Chief Operating Officer
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    Mike Hallinan Group Chief Risk Officer
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    Vandhna Narayan Group General Manager Compliance
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    Peter Beswick Group General Manager Corporate
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    Hari Rabura Group General Manager People & Culture
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    Daniel Faunt Group General Manager Retail
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    Rohan George Group General Manager Treasury & Markets
    -

    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    Kumul Consolidated Holdings 84,811,597 18.15%
    Nambawan Super Limited 47,702,160 10.21%
    Petroleum Resources Kutubu Limited 46,153,840 9.88%
    The Fiji National Provident Fund 46,040,545 9.85%
    National Superannuation Fund Limited 45,318,417 9.70%
    Credit Corporation (PNG) Limited 36,294,081 7.77%
    Motor Vehicles Insurance Limited 31,243,736 6.69%
    Comrade Trustee Services Limited 12,456,052 2.67%
    The Catholic Bishops Conference Inc 11,620,000 2.49%
    Capital Nominees Limited 7,714,312 1.65%
    Samoa National Provident Fund 4,451,940 0.95%
    Lamin Trust Fund 3,653,700 0.78%
    Kina Nominees Limited 3,519,847 0.75%
    Mineral Resources Ok Tedi No 2 Limited 3,496,449 0.75%
    Unit Trust Of Samoa (Trust) 3,291,061 0.70%
    Sky Finance Limited 3,053,090 0.65%
    Mineral Resources Star Mountains 2,628,373 0.56%
    Solomon Islands National Provident Fund 2,500,001 0.54%
    Gas Resources Gigira Limited 2,392,853 0.51%
    Nominees Niugini Limited 2,369,495 0.51%

    Profile

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