Monday, February 5, 2018

Security Bank Corporation (SECB)

This article may contain out of date contents.
For the updated or exact information, you should check edge.pse.com.ph or their official website.

1. Company Information
Company Name
Security Bank Corporation (SECB)
Sector
Financials
Incorporation Date
May 08, 1951
Subsector
Banks
Number of employees
5,036 (Group Total)
Board of Directors
Chairman Emerritus: Frederick Y. Dy, Chairman: Alberto S. Villarosa
Website / E-mail
https://www.securitybank.com/ / corsec@securitybank.com.ph
2. Stock Information
Total Assets
796,086,675,000
Market Capitalization
191,398,877,298.00
Total Liabilities
692,891,528,000
Outstanding Shares
753,538,887
Retained Earnings
55,555,842,000
Listed Shares
753,538,887
Listing Date
Jun 08, 1995
Issued Shares
753,538,887
Board Lot
10
Free Float Level (%)
59.45%
Par Value
10.00
Foreign Ownership Limit
40%
3. Major Stock Holders (common shares)
PCD NOMINEE CORPORATION (NON-FILIPINO)
PCD NOMINEE CORP(FILIPINO)
THE BANK OF TOKYO MITSUBISHI UFJ, LTD.
FREDERICK Y. DY
SOCIAL SECURITY SYSTEM (SSS)
29.13%
31.24%
20.00%
11.52%
03.89%
4. Company Descriptions and Business Development
Notes
1. Related companies : SECB
2. Majority holders of the one (1) billion preferred shares are Filipino including Frederick Y. Dy. Frederick Dy is also the chairman of St. Luke’s Medical Center.
3. Anastasia Y. Dy is the sister of Frederick Y. Dy.
Paul Y. Ung, Vice Chairman is the first cousin of Frederick Y. Dy.
Overview
Security Bank ranked as the 5th largest in total assets and 8th in capital (P695 billion and P97 billion respectively) and 5th largest in market capitalization among listed private domestic universal banks in the Philippines. It has 290 branches as of 2016.
Business
Revenue contribution in 2016 (in million pesos)
Financial markets
Wholesale
Retail
Others
7,809
6,393
4,952
1,677
37.49%
30.69%
23.77%
8.05%

Financial Markets Segment engages in money market, FX, securities distribution, asset management and funding operations for the Group. It accounts for 37% of the total revenue.
Wholesale Banking Segment addresses the top 1,000 corporate and public sector markets. It accounts for 31% of the total revenue.
Retail Banking Segment addresses the individual, sma-and-midium enterprises. It accounts for 24% of the total revenue.
Other Segment includes branch banking and other support services. It accounts for 8% of the total revenue.

Subsidiaries / Associates / Affiliates / Joint Ventures
Security Bank Savings (99.54%)
SB Capital Investment Corporation (100%) owns SB Equities, Inc and SB International Services, Inc.
SB Card Corporation (100%) sold Diners Card to BDO in 2016.
Landlink Property Investments, Inc. (100%) engages in disposal of non-performing assets.
SBM Leasing, Inc. (60%)

+++++++++++++++++++++++++++++++++++++++++

MARKET ISSUES

[last partial update : 02/28/2018] Macro and Overseas (a) US interest rate : 1.25 ~ 1.5%, May increase 3 times in 2018 (b) US 10 yr bond...