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First Abu Dhabi Bank PJSC

FAB.AD

Latest Trade

11.08AED

Change

0.10(+0.91%)

Volume

1,790,870

Today's Range

10.98

 - 

11.10

52 Week Range

7.78

 - 

15.92

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

Pricing

Previous Close
10.98
Open
11.06
Volume
1,790,870
3M AVG Volume
55.57
Today's High
11.10
Today's Low
10.98
52 Week High
15.92
52 Week Low
7.78
Shares Out (MIL)
10,907.86
Market Cap (MIL)
120,775.20
Forward P/E
14.17
Dividend (Yield %)
6.69

Next Event

Q3 2020 First Abu Dhabi Bank PJSC Earnings Release

Latest Developments

More

First Abu Dhabi Bank Q2 Profit Falls

First Abu Dhabi Bank Says Zulfiqar Ali Sulaiman To Retire As Group Chief Operating Officer

First Abu Dhabi Bank Issues Chinese Yuan Dual Listed Formosa Bonds

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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 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

3.00 mean rating - 9 analysts
Sell
Hold
Buy
Revenue (MM, AED)

2017

16.4K

2018

19.4K

2019

20.2K

2020(E)

18.2K
EPS (AED)

2017

0.910

2018

1.060

2019

1.100

2020(E)

0.781
Price To Earnings (TTM)
11.51
Price To Sales (TTM)
5.67
Price To Book (MRQ)
1.24
Price To Cash Flow (TTM)
10.28
Total Debt To Equity (MRQ)
136.43
LT Debt To Equity (MRQ)
61.27
Return on Investment (TTM)
--
Return on Equity (TTM)
1.34

Latest News

Latest News

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.

Coronavirus hits Gulf banks in Q2 but full impact of bad loans looms

Most Gulf banks' profits plunged in the second quarter after a spike in impairment charges for expected credit losses, as regional economies reel from the double blow of low oil prices and the coronavirus outbreak.

MIDEAST STOCKS-Gulf bourses gain ahead of earnings, Dubai's DAMAC surges

Most major stock markets in the Gulf rose in early trade on Sunday ahead of the usual flurry of corporate results that begins after July 15 each year, with DAMAC Properties leading Dubai shares higher.

MIDEAST STOCKS-Financials buoy Qatar; blue-chip sell-off trips up Egypt

* Qatar to raise Qatari staff proportion in state-affiliated cos * 27 of 30 stocks decline in Egypt's blue-chip index By Ateeq Shariff July 9 (Reuters) - Broad-based gains pushed the Qatari bourse higher on Thursday, with financial stocks leading the pack, whereas a wide...

MIDEAST STOCKS-Major Gulf stock markets get off to a weak start

Major stock markets in the Gulf were subdued in early trade on Wednesday, with banking and real estate shares weighing on indexes in the United Arab Emirates.

MIDEAST STOCKS-Major Gulf markets gain; banking, real estate shares boost UAE

Major Gulf stock markets rose in early trade on Tuesday, with banking and real estate shares helping indexes in the United Arab Emirates.

MIDEAST STOCKS-Masraf Al Rayan boosts Qatar, DAMAC surges on buyout report

Qatar's stock market jumped on Wednesday, boosted by Masraf Al Rayan after the lender and Al Khaliji Commercial Bank said they had started merger talks, while Dubai-listed DAMAC Properties surged on a report its chairman might take it private.

MIDEAST STOCKS-NCB, Samba jump on potential merger; Qatar eases

Saudi Arabia's stock market rose on Sunday, boosted by National Commercial Bank and Samba Financial Group Bank after they signed an initial merger agreement, while Qatar's index retreated in early trade.

Saudi Arabia's biggest lender NCB in merger talks with Samba

National Commercial Bank <1180.SE>, Saudi Arabia's biggest lender, said on Thursday it had signed an initial agreement with smaller lender Samba Financial Group <1090.SE> to create a combined entity with almost $214 billion in assets.

MIDEAST STOCKS-Most Gulf shares fall as virus cases rise, banks support Saudi

* Samba jumps on merger speculation * Samba, NCB in merger talks- Sources * QNB weighs on Qatar By Maqsood Alam June 25 (Reuters) - Most Gulf stock markets fell on Thursday as the number of coronavirus cases across the region climbed, with Saudi's index the exception as...

ADNOC infrastructure deal backed by $8 billion bridge financing: sources

A consortium of international investors obtained an $8 billion bridge loan provided by 17 banks for a gas infrastructure deal Abu Dhabi National Oil Company (ADNOC) announced on Tuesday, sources said.

UPDATE 2-DP World hires banks for Islamic bond sale - document

Port operator DP World has hired a group of banks for a potential sale of perpetual U.S. dollar-denominated Islamic bonds or sukuk, a document showed on Monday.

MIDEAST STOCKS-Major Gulf bourses mixed; Saudi shares rise on gains by energy, financials

Major Gulf bourses moved sideways on Wednesday, while gains in shares of energy and financials sectors pushed up the region's biggest stock market Saudi Arabia.

UPDATE 1-Egypt seeks loan of over $1 billion, taps UAE banks - sources

The Egyptian government is looking to raise a loan of more than $1 billion and has tapped lenders in the United Arab Emirates (UAE) for financing help, three sources familiar with the deal said.

Egypt looking to raise over $1 billion loan, taps UAE banks - sources

The Egyptian government is looking to raise a loan of more than $1 billion and has tapped lenders in the United Arab Emirates (UAE) to arrange the financing, two sources familiar with the deal said.

First Abu Dhabi Bank sells 1.4 bln Chinese yuan in 5-yr Formosa bonds - document

First Abu Dhabi Bank sold 1.4 billion Chinese yuan ($197.3 million) in five-year Formosa bonds at 3.5%, a document showed on Monday.

MIDEAST STOCKS-Kuwait leads Gulf lower, Egypt hit by coronavirus spike

* Kuwait sees biggest intraday fall in more than two months * Saudi Arabia's Amlak International intends to float * Dubai Investments extends losses By Ateeq Shariff June 14 (Reuters) - Most Gulf stocks closed lower on Sunday, with Kuwait hardest after its banking federation...

MIDEAST STOCKS-Gulf stocks slip as coronavirus lockdowns lifted

Gulf markets slipped on Sunday as states began to lift coronavirus lockdowns, despite concerns among some health officials about a second wave of infections.

MIDEAST STOCKS-Saudi eases; other Gulf markets mixed

Major Gulf stock markets were mixed in early trade on Wednesday as banking shares weighed on the Saudi index, while property shares supported the Dubai index.

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

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