Big Banc Split (TSX:BNK) Selling, General, & Admin. Expense: C$0.11 Mil (TTM As of Dec. 2025)

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Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSX:BNK Big Banc Split Corp TSX:BNK
52 GF Score
Price C$14.30
GF Value C$34.49
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Big Banc Split Selling, General, & Admin. Expense?

Big Banc Split TSX:BNK -3.05% 52 Selling, General, & Admin. Expense is C$0.11 Mil as of Dec. 2025. GuruFocus rates TSX:BNK with a GF Score™ of 52/100 and a GF Value™ of C$34.49 (Significantly Undervalued). The stock has 2 warning signs investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Big Banc Split's selling, general, & admin. expense for the six months ended in Dec. 2025 was C$0.07 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was C$0.11 Mil.


Big Banc Split  (TSX:BNK) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


Big Banc Split Selling, General, & Admin. Expense Related Terms


Big Banc Split Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Big Banc Split's Selling, General, & Admin. Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Big Banc Split Selling, General, & Admin. Expense Chart

Big Banc Split Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial 0.09 0.14 0.17 0.12 0.11

Big Banc Split Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Selling, General, & Admin. Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.09 0.07 0.05 0.04 0.07

TSX:BNK vs BLK, BX, KKR: Selling, General, & Admin. Expense Comparison

For the Asset Management subindustry, Big Banc Split's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Big Banc Split Selling, General, & Admin. Expense vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Big Banc Split's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Big Banc Split's Selling, General, & Admin. Expense falls into.


TSX:BNK
52GF Score
Big Banc Split Corp TSX:BNK
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Big Banc Split Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was C$0.11 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Selling, General, & Admin. Expense of C$0.11 Mil mean?
Big Banc Split (TSX:BNK) has a Selling, General, & Admin. Expense of C$0.11 Mil as of Dec. 2025. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Big Banc Split and its competitors.
Is Big Banc Split's Selling, General, & Admin. Expense too high?
Big Banc Split's current Selling, General, & Admin. Expense is C$0.11 Mil. Overall, Big Banc Split has a GF Score™ of 52/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Big Banc Split's Selling, General, & Admin. Expense compare to BLK and BX?
Big Banc Split's Selling, General, & Admin. Expense of C$0.11 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Selling, General, & Admin. Expense for an Asset Management company?
A good Selling, General, & Admin. Expense depends on the Asset Management industry context. However, Selling, General, & Admin. Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Big Banc Split and its competitors. Big Banc Split's current Selling, General, & Admin. Expense is C$0.11 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Big Banc Split stock overvalued right now?
Based on GuruFocus' analysis, Big Banc Split (TSX:BNK) is currently considered Significantly Undervalued. The stock's GF Value™ is C$34.49, compared to a current price of C$14.30 — trading 58.5% below its estimated fair value. The current Selling, General, & Admin. Expense is C$0.11 Mil. Big Banc Split's overall GF Score™ is 52/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For Big Banc Split (TSX:BNK), the current Selling, General, & Admin. Expense is C$0.11 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Big Banc Split (TSX:BNK) Overvalued in 2026?

Based on GuruFocus' analysis, Big Banc Split stock appears to be undervalued. The current stock price of C$14.30 is trading 58.5% below its estimated GF Value™ of C$34.49. GuruFocus considers Big Banc Split to be Significantly Undervalued.

Key valuation signals for TSX:BNK:

  • Selling, General, & Admin. Expense: C$0.11 Mil
  • GF Value™: C$34.49 vs. price of C$14.30 (58.5% below fair value)
  • GF Score™: 52/100 with 2 warning signs

No single metric tells the full story. See the TSX:BNK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Big Banc Split Business Description

Other Exchanges BNK.PR.A.PFD:Canada
Address 130 Adelaide Street West, Suite 3100, P.O. Box 109, Toronto, ON, CAN, M5H 3P5
Big Banc Split Corp is a mutual fund corporation. Its investment objectives include providing its holders with regular monthly non-cumulative and cumulative cash distributions to its Class A and preference shareholders. The fund invests on an approximately equally-weighted basis in a portfolio of equity securities of the following publicly traded Canadian banks: Bank of Montreal; Canadian Imperial Bank of Commerce; National Bank of Canada; Royal Bank of Canada; The Bank of Nova Scotia; and The Toronto-Dominion Bank.
52GF Score

Get the complete analysis for TSX:BNK

Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$14.30
Price
C$34.49
GF Value