Want to see TSE:BNK full AI Analyst Report?
Top Page
Big Banc Split
(TSX:BNK)
Select Model
Select Model
Rating:63Neutral
Price Target:
C$15.50
â–²(5.23% Upside)
Action:N/A
Date:09/24/26
The score is held back mainly by uneven financial quality—especially negative recent operating/free cash flow despite strong reported earnings and higher leverage in 2025—while the very attractive valuation (low P/E and high dividend yield) provides a significant offset. Technical signals are neutral to slightly bearish and do not meaningfully improve the near-term outlook.
Positive Factors
Strong reported profitability
Strong reported profitability provides evidence that the business can generate substantial earnings in favorable periods. The exceptionally high 2025 net margin supports financial strength over the next several months, although its sustainability depends on whether the underlying earnings base becomes more consistent.
Negative Factors
Negative recent cash conversion
Negative operating and free cash flow across the two most recent annual periods shows that reported earnings have not translated reliably into cash. This weakens confidence in earnings quality, limits internally generated funding, and makes financial performance more dependent on volatile working-capital or other cash-flow movements.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong reported profitability
Strong reported profitability provides evidence that the business can generate substantial earnings in favorable periods. The exceptionally high 2025 net margin supports financial strength over the next several months, although its sustainability depends on whether the underlying earnings base becomes more consistent.
Read all positive factors
Big Banc Split (BNK) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$29.41M
Dividend Yield7.99%
Average Volume (3M)3.47K
Price to Earnings (P/E)1.5
Beta (1Y)0.58
Revenue Growth288.09%
EPS Growth138.83%
CountryCA
EmployeesN/A
SectorFinancial
Sector Strength70
IndustryAsset Management
Share Statistics
EPS (TTM)N/A
Shares Outstanding1,930,924
10 Day Avg. Volume3,261
30 Day Avg. Volume3,470
Financial Highlights & Ratios
PEG Ratio0.02
Price to Book (P/B)0.70
Price to Sales (P/S)1.97
P/FCF Ratio-60.93
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Big Banc Split Business Overview & Revenue Model
Company Description
Big Banc Split Corp. is an equity-focused investment fund, established and managed by Purpose Investments Inc. This Canadian-based entity commenced operations on May 15, 2020, primarily investing its capital across Canada's public equity markets....
Big Banc Split Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
63
Positive
Cash Flow
38
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 13.35M | 8.14M | 5.09M | 2.14M | -3.96M | 13.36M |
| Gross Profit | 13.01M | 7.84M | 5.09M | 2.14M | -3.96M | 13.36M |
| EBITDA | 15.67M | 9.41M | 4.96M | 1.97M | -7.97M | 13.27M |
| Net Income | 15.67M | 9.41M | 4.96M | 1.97M | -4.10M | 13.27M |
Balance Sheet | ||||||
| Total Assets | 46.62M | 39.12M | 30.40M | 28.52M | 32.27M | 44.90M |
| Cash, Cash Equivalents and Short-Term Investments | 1.46M | 2.04M | 57.86K | 765.52K | 0.00 | 242.01K |
| Total Debt | 15.81M | 13.43M | 0.00 | 0.00 | 200.87K | 0.00 |
| Total Liabilities | 16.57M | 16.24M | 13.87M | 13.90M | 14.42M | 16.40M |
| Stockholders Equity | 30.05M | 22.88M | 16.53M | 14.62M | 17.86M | 28.51M |
Cash Flow | ||||||
| Free Cash Flow | -410.88K | -263.23K | -140.73K | 5.22M | 5.19M | 1.98M |
| Operating Cash Flow | -410.88K | -263.23K | -140.73K | 5.22M | 5.19M | 1.98M |
| Investing Cash Flow | 3.55M | 4.17M | 1.36M | 0.00 | 0.00 | 0.00 |
| Financing Cash Flow | -1.84M | -1.93M | -1.93M | -4.25M | -5.64M | -5.77M |
Big Banc Split Technical Analysis
Positive
14.73
Price Trends
14.19
Positive
14.41
Positive
13.18
Positive
Market Momentum
0.18
Negative
55.87
Neutral
69.52
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:BNK, the sentiment is Positive. The current price of 14.73 is above the 20-day moving average (MA) of 14.21, above the 50-day MA of 14.19, and above the 200-day MA of 13.18, indicating a bullish trend. The MACD of 0.18 indicates Negative momentum. The RSI at 55.87 is Neutral, neither overbought nor oversold. The STOCH value of 69.52 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:BNK.
Big Banc Split Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | C$19.12B | 16.77 | 12.91% | 2.91% | 19.92% | 20.90% | |
73 Outperform | C$931.71M | 6.69 | 11.46% | 3.62% | 12.19% | 26.48% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
63 Neutral | C$29.41M | 1.55 | 59.22% | 8.31% | 288.09% | 138.83% | |
54 Neutral | C$297.67M | 15.34 | 7.95% | 15.37% | -1.48% | -47.10% |
* Financial Sector Average
TSE:BNK
Big Banc Split
14.64
4.02
37.83%
TSE:IGM
IGM Financial
82.15
30.02
57.57%
TSE:AGF.B
AGF Management B NV
14.65
1.10
8.15%
TSE:FSZ
Fiera Capital A
2.82
-2.98
-51.37%
Big Banc Split Corporate Events
Business Operations and StrategyDividends
Purpose Investments Sets September 2026 ETF and Fund Distributions
Positive
Sep 18, 2026
Purpose Investments Inc. has declared its regular September 2026 cash distributions for a wide range of its open-end ETFs and closed-end funds, spanning equity yield mandates, credit strategies, global bond products, digital asset yield ETFs and m...
Business Operations and StrategyDividends
Purpose Investments Sets August 2026 ETF and Fund Distributions
Positive
Aug 27, 2026
Purpose Investments Inc. announced its August 2026 cash distributions for a wide slate of open-end ETFs and closed-end funds, detailing per-unit payouts and record dates across equity, credit, bond, digital asset, and multi-asset income strategies...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.