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First Abu Dhabi Bank PJSC

FAB.AD

Latest Trade

12.80AED

Change

-0.06(-0.47%)

Volume

5,830,980

Today's Range

12.74

 - 

12.84

52 Week Range

7.78

 - 

15.92

As of on the Abu Dhabi Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
12.86
Open
12.80
Volume
5,830,980
3M AVG Volume
222.40
Today's High
12.84
Today's Low
12.74
52 Week High
15.92
52 Week Low
7.78
Shares Out (MIL)
10,908.19
Market Cap (MIL)
139,776.00
Forward P/E
15.14
Dividend (Yield %)
5.78

Next Event

Q4 2020 First Abu Dhabi Bank PJSC Earnings Release

Latest Developments

More

QFCRA Files Legal Action In New York To Enforce Judgment Against First Abu Dhabi Bank - Statement

First Abu Dhabi Bank Announces Plans To Expand Payments Business

First Abu Dhabi Bank Q3 Group Profit Falls

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About First Abu Dhabi Bank PJSC

First Abu Dhabi Bank PJSC, formerly National Bank of Abu Dhabi PJSC, is a United Arab Emirates-based public joint stock company that is engaged in the banking sector. It is structured, along with its subsidiaries, into the following business segments: Domestic Banking, comprised of the following divisions, namely consumer banking, business banking group and elite banking; International Banking, which manages the overseas banking network and credit derivative book; Financial Markets segment, which operates through liquidity management and interest rate group, trading and investment group, institutional coverage and primary market, corporate coverage and e-commerce group; Corporate and Investment Banking segment, which provides corporate and investment clients with advice and solutions; Global Wealth segment, comprised of private banking, asset management group, custody and business development, among others, and the Islamic Business segment, which offers Islamic banking solutions.

Industry

Regional Banks

Contact Info

P.O. Box 6316

United Arab Emirates

+971.2.3053012

https://www.bankfab.ae/

Executive Leadership

Tahnoon B.Z Bin Zayed Al Nahyan

Non-Executive Chairman of the Board

Abdulhamid M. Saeed

Group Chief Executive Officer

Andre Sayegh

Deputy Group CEO & Group Head of Corporate and Investment Banking

Nasser Ahmed Ahmed Alsowaidi

Non-Executive Vice Chairman of the Board

James Burdett

Group Chief Financial Officer

Key Stats

2.55 mean rating - 11 analysts
Sell
Hold
Buy
Revenue (MM, AED)

2017

16.4K

2018

19.4K

2019

20.2K

2020(E)

18.3K
EPS (AED)

2017

0.910

2018

1.060

2019

1.100

2020(E)

0.823
Price To Earnings (TTM)
14.09
Price To Sales (TTM)
6.83
Price To Book (MRQ)
1.38
Price To Cash Flow (TTM)
12.53
Total Debt To Equity (MRQ)
132.50
LT Debt To Equity (MRQ)
61.94
Return on Investment (TTM)
--
Return on Equity (TTM)
1.19

Latest News

Latest News

Qatar starts legal proceedings against FAB in New York in market manipulation row

The Qatar Financial Centre Regulatory Authority (QFCRA) said on Tuesday it has started legal proceedings in New York to compel First Abu Dhabi Bank to pay $55 million in financial penalty imposed by a Qatari court.

UPDATE 1-Oman reopens dual-tranche bond sale, raises $500 million

Oman raised $500 million on Monday through a reopening of two bonds issued last month, drawing orders of more than $3 billion for the additional tranches, a document showed.

Saudi Aramco gets $8 billion with jumbo five-part bond deal

Saudi Aramco <2222.SE> was set to raise $8 billion (£6 billion) from a five-part bond deal on Tuesday as the world's largest oil producer seeks cash after low oil prices dented its finances.

Saudi Aramco plans debt market comeback with multi-tranche bond deal

Saudi Aramco said on Monday it had hired banks for a multi-tranche U.S. dollar-denominated bond issuance, as the world's largest oil company seeks cash amid lower oil prices.

MIDEAST STOCKS-Major Gulf markets rise in early trade

Major stock markets in the Gulf traded higher on Wednesday, in line with Asia shares, as financial markets and oil prices rallied, with a closer-than-anticipated presidential race sparking volatility.

UPDATE 1-Etihad Airways sells $600 mln in 'transition' sukuk

Etihad Airways, wholly owned by the Abu Dhabi government, on Wednesday sold $600 million in five-year "transition" sukuk, or Islamic bonds, which help fund the shift to a greener future, a document showed.

UPDATE 3-Oman raises $2 bln in first bond deal in over a year

Oman sold $2 billion on Wednesday in its first international bond sale since July 2019 in a two-part debt offer as the small Gulf oil producer seeks to fill state coffers squeezed by low oil prices and the coronavirus crisis.

NCB-Samba to merge into Saudi banking heavyweight

Saudi Arabia's biggest lender National Commercial Bank <1180.SE> (NCB) has entered a binding merger agreement with smaller lender Samba Financial Group <1090.SE> to create a combined entity with 837 billion riyals ($223 billion) in assets, NCB said on Sunday.

UPDATE 1-Israel's Leumi signs deals with First Abu Dhabi Bank, Emirates NBD

Bank Leumi said on Tuesday it had signed memorandums of understanding with First Abu Dhabi Bank and Emirates NBD, hours before Israel and the United Arab Emirates are due to sign agreements toward normalising relations.

RPT-Israel's Leumi signs deals with First Abu Dhabi Bank, Emirates NBD

Israel's Bank Leumi said on Tuesday it has signed memorandums of understanding with First Abu Dhabi Bank and Emirates NBD.

Israel's Leumi signs deals with First Abu Dhabi Bank, Emirates NBD

Israel's Bank Leumi said on Tuesday it has signed memorandums of understanding with First Abu Dhabi Bank and Emirates NBD.

Israel's Hapoalim expects UAE bank ties to follow normalisation

Israel's largest lender Bank Hapoalim <POLI.TA> expects to start working with banks in the United Arab Emirates once the two Middle East states sign a normalisation agreement, its chief executive said on Wednesday.

Israel's Bank Hapoalim expects to work with UAE banks once normalisation accord signed

Israel's largest lender Bank Hapoalim expects to start working with banks in the United Arab Emirates once the two Middle East governments sign a normalisation agreement, its chief executive said on Wednesday.

UPDATE 1-Bahrain's ABC joins race to buy Blom's Egypt business

Bahrain's Bank ABC said on Tuesday it was in preliminary talks to buy Blom Bank's Egyptian subsidiary, pitting it against Dubai's Emirates NBD which is also a potential bidder.

Bahrain's ABC says in preliminary talks to buy Blom Bank's Egypt business

Bahrain's Bank ABC said on Tuesday it was in preliminary talks to buy Blom Bank's Egyptian subsidiary, pitting it against Dubai's Emirates NBD, which is also a potential bidder.

UPDATE 1-First Abu Dhabi Bank to restart talks on Bank Audi's Egypt unit -sources

First Abu Dhabi Bank (FAB) plans to restart talks to buy the Egyptian business of Lebanon's Bank Audi, two sources familiar with the matter said.

First Abu Dhabi Bank wants to restart talks to buy Bank Audi's Egypt unit, say sources

First Abu Dhabi Bank (FAB) <FAB.AD> plans to restart talks to buy the Egyptian business of Lebanon's Bank Audi <AUDI.BY>, two sources familiar with the matter said.

Israeli business delegations led by banks Hapoalim, Leumi to visit UAE

The heads of Israel's two biggest banks will travel to the United Arab Emirates (UAE) this month, the first such visits since the two countries agreed to normalize relations.

UPDATE 1-Lebanon's Blom Bank considers selling Egypt subsidiary

Lebanon's Blom Bank said on Tuesday it was looking to sell its subsidiary Blom Bank Egypt, and that the Egyptian central bank had given approval to begin the due diligence process.

UPDATE 1-First Abu Dhabi Bank profit drops 25% as impairments jump

First Abu Dhabi Bank (FAB), the United Arab Emirates' biggest lender, reported a 25% fall in quarterly profit on Tuesday, dragged down by another quarter of higher impairment charges.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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