(UNI) Unicaja Banco - Overview

Sector: Financial Services | Industry: Banks - Regional | Exchange: MC (Spain) | Market Cap: 7.027m EUR | Total Return: 53.4% in 12m

Mortgages, Consumer Loans, Insurance, Investment Funds, Savings Accounts
Total Rating 48
Safety 21
Buy Signal 0.09
Banks - Regional
Industry Rotation: +1.2
Market Cap: 8.17B
Avg Turnover: 12.8M
Risk 3d forecast
Volatility25.2%
VaR 5th Pctl4.55%
VaR vs Median9.59%
Reward TTM
Sharpe Ratio1.58
Rel. Str. IBD70.2
Rel. Str. Peer Group63.2
Character TTM
Beta0.425
Beta Downside0.091
Hurst Exponent0.423
Drawdowns 3y
Max DD23.00%
CAGR/Max DD2.29
CAGR/Mean DD8.70
EPS (Earnings per Share) EPS (Earnings per Share) of UNI over the last years for every Quarter: "2021-03": 0.03, "2021-06": 0.01, "2021-09": 0.02, "2021-12": -0.51, "2022-03": 0.02, "2022-06": 0.03, "2022-09": 0.1, "2022-12": -0.0005, "2023-03": 0.01, "2023-06": 0.04, "2023-09": 0.05, "2023-12": -0.007, "2024-03": 0.04, "2024-06": 0.07, "2024-09": 0.06, "2024-12": 0.05, "2025-03": 0.06, "2025-06": 0.07, "2025-09": 0.06, "2025-12": 0.05, "2026-03": 0.06,
EPS CAGR: 41.38%
EPS Trend: 86.2%
Last SUE: 0.00
Qual. Beats: 0
Revenue Revenue of UNI over the last years for every Quarter: 2021-03: 453, 2021-06: 271.166, 2021-09: 403, 2021-12: 346, 2022-03: 450.6, 2022-06: 441, 2022-09: 451, 2022-12: 410, 2023-03: 645, 2023-06: 687, 2023-09: 745, 2023-12: 697, 2024-03: 841.2, 2024-06: 830, 2024-09: 778, 2024-12: 761, 2025-03: 762.1, 2025-06: 720, 2025-09: 731.5, 2025-12: 646, 2026-03: 684.7,
Rev. CAGR: 6.47%
Rev. Trend: 51.0%
Last SUE: 1.17
Qual. Beats: 2

Warnings

No concerns identified

Tailwinds

No distinct edge detected

Description: UNI Unicaja Banco

Unicaja Banco, S.A. is a Spanish financial institution headquartered in Málaga, primarily focused on retail and commercial banking. Since its founding in 1991, the company has specialized in providing traditional banking services, including consumer lending, mortgages, and insurance brokerage to individuals and small-to-medium enterprises (SMEs).

The bank operates under a business model heavily reliant on Net Interest Income (NII), where profitability is closely tied to the interest rate environment and credit quality in the Spanish housing market. As a regional lender, Unicaja maintains a significant physical branch presence in its core territories of Andalusia and Castile and León, while simultaneously expanding its digital and mobile banking infrastructure.

For a detailed analysis of the companys valuation metrics, consider reviewing the comprehensive datasets available on ValueRay.

Within the GICS Diversified Banks sub-industry, companies like Unicaja often face strict regulatory oversight from the European Central Bank, necessitating high capital adequacy ratios to buffer against economic volatility. The bank’s integration of pension plans and investment fund management provides a diversified fee-based income stream alongside its core lending activities.

Headlines to Watch Out For
  • Net interest margin sensitivity to European Central Bank interest rate policy
  • Mortgage portfolio concentration in Spanish retail market drives credit risk exposure
  • Cost reduction initiatives from Liberbank merger integration improve efficiency ratio
  • Asset quality improvement through reduction of non-performing loan exposure
  • Regulatory capital requirements influence dividend payout and share buyback capacity
Piotroski VR-10 (Strict) 4.0
Net Income: 635.0m TTM > 0 and > 6% of Revenue
FCF/TA: 0.00 > 0.02 and ΔFCF/TA 0.59 > 1.0
NWC/Revenue: -2.76k% < 20% (prev -2.23k%; Δ -526.4% < -1%)
CFO/TA 0.00 > 3% & CFO 224.2m > Net Income 635.0m
Net Debt (3.23b) to EBITDA (1.00b): 3.23 < 3
Current Ratio: 0.07 > 1.5 & < 3
Outstanding Shares: last quarter (2.57b) vs 12m ago -0.01% < -2%
Gross Margin: 69.84% > 18% (prev 0.65%; Δ 6.92k% > 0.5%)
Asset Turnover: 2.84% > 50% (prev 3.24%; Δ -0.40% > 0%)
Interest Coverage Ratio: 1.51 > 6 (EBITDA TTM 1.00b / Interest Expense TTM 603.0m)
Altman Z'' -4.87
A: -0.77 (Total Current Assets 5.69b - Total Current Liabilities 82.4b) / Total Assets 99.1b
B: 0.04 (Retained Earnings 4.45b / Total Assets 99.1b)
C: 0.01 (EBIT TTM 909.0m / Avg Total Assets 97.9b)
D: 0.01 (Book Value of Equity 579.9m / Total Liabilities 92.0b)
Altman-Z'' = -4.87 = D
Beneish M 1.00
DSRI: 9.75k (Receivables 4.26b/492k, Revenue 2.78b/3.13b)
GMI: 0.93 (GM 69.84% / 65.06%)
AQI: 1.06 (AQ_t 0.93 / AQ_t-1 0.87)
SGI: 0.89 (Revenue 2.78b / 3.13b)
TATA: 0.00 (NI 635.0m - CFO 224.2m) / TA 99.1b)
Beneish M = 8.02k (Cap -4..+1) = D
What is the price of UNI shares?

As of May 24, 2026, the stock is trading at EUR 2.77 with a total of 3,965,473 shares traded.
Over the past week, the price has changed by +3.08%, over one month by +3.08%, over three months by +5.29% and over the past year by +53.39%.

Is UNI a buy, sell or hold?

Unicaja Banco has no consensus analysts rating.

Unicaja Banco (UNI) - Fundamental Data Overview as of 24 May 2026
Market Cap USD = 8.17b (7.03b EUR * 1.1625 EUR.USD)
P/E Trailing = 10.944
P/E Forward = 5.8072
P/S = 3.5439
P/B = 1.0087
Revenue TTM = 2.78b EUR
EBIT TTM = 909.0m EUR
EBITDA TTM = 1.00b EUR
 Long Term Debt = unknown (none)
 Short Term Debt = 8.02b EUR (from shortTermDebt, last fiscal year)
Debt = 8.93b EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 3.23b EUR (calculated: Debt 8.93b - CCE 5.69b)
Enterprise Value = 10.3b EUR (7.03b + Debt 8.93b - CCE 5.69b)
Interest Coverage Ratio = 1.51 (Ebit TTM 909.0m / Interest Expense TTM 603.0m)
EV/FCF = 61.36x (Enterprise Value 10.3b / FCF TTM 167.2m)
FCF Yield = 1.63% (FCF TTM 167.2m / Enterprise Value 10.3b)
FCF Margin = 6.01% (FCF TTM 167.2m / Revenue TTM 2.78b)
Net Margin = 22.82% (Net Income TTM 635.0m / Revenue TTM 2.78b)
Gross Margin = 69.84% ((Revenue TTM 2.78b - Cost of Revenue TTM 839.0m) / Revenue TTM)
Gross Margin QoQ = 68.16% (prev 62.69%)
Tobins Q-Ratio = 0.10 (Enterprise Value 10.3b / Total Assets 99.1b)
Interest Expense / Debt = 6.76% (Interest Expense 603.0m / Debt 8.93b)
Taxrate = 33.33% (71.0m / 213.0m)
NOPAT = 606.0m (EBIT 909.0m * (1 - 33.33%))
Current Ratio = 0.07 (Total Current Assets 5.69b / Total Current Liabilities 82.4b)
Debt / Equity = 1.27 (Debt 8.93b / totalStockholderEquity, last quarter 7.04b)
Debt / EBITDA = 3.23 (Net Debt 3.23b / EBITDA 1.00b)
Debt / FCF = 19.33 (Net Debt 3.23b / FCF TTM 167.2m)
Total Stockholder Equity = 7.02b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.65% (Net Income 635.0m / Total Assets 99.1b)
RoE = 9.05% (Net Income TTM 635.0m / Total Stockholder Equity 7.02b)
RoCE = 5.46% (EBIT 909.0m / Capital Employed (Total Assets 99.1b - Current Liab 82.4b))
RoIC = 2.46% (NOPAT 606.0m / Invested Capital 24.7b)
WACC = 5.82% (E(7.03b)/V(16.0b) * Re(7.48%) + D(8.93b)/V(16.0b) * Rd(6.76%) * (1-Tc(0.33)))
Discount Rate = 7.48% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -34.10 | Cagr: -1.40%
[DCF] Terminal Value 75.44% ; FCFF base≈167.2m ; Y1≈167.9m ; Y5≈177.8m
 [DCF] Fair Price = N/A (negative equity: EV 2.77b - Net Debt 3.23b = -466.0m; debt exceeds intrinsic value)
 EPS Correlation: 86.24 | EPS CAGR: 41.38% | SUE: 0.0 | # QB: 0
Revenue Correlation: 50.98 | Revenue CAGR: 6.47% | SUE: 1.17 | # QB: 2
EPS current Quarter (2026-06-30): EPS=0.07 | Chg30d=+5.87% | Revisions=+20% | Analysts=2
EPS next Quarter (2026-09-30): EPS=0.06 | Chg30d=-5.10% | Revisions=-20% | Analysts=2
EPS current Year (2026-12-31): EPS=0.25 | Chg30d=+0.73% | Revisions=+45% | GrowthEPS=+1.5% | GrowthRev=+2.0%
EPS next Year (2027-12-31): EPS=0.26 | Chg30d=+1.58% | Revisions=+45% | GrowthEPS=+5.3% | GrowthRev=+4.0%
[Analyst] Revisions Ratio: +45%