RAKBANK Stock Overview
Provides retail, Islamic, and commercial banking products and services to individuals and businesses in the United Arab Emirates.
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 1/6 |
| Past Performance | 5/6 |
| Financial Health | 5/6 |
| Dividends | 3/6 |
Rewards
Risk Analysis
The National Bank of Ras Al-Khaimah (P.S.C.) Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | د.إ5.20 |
| 52 Week High | د.إ6.15 |
| 52 Week Low | د.إ4.17 |
| Beta | 0.15 |
| 1 Month Change | -0.57% |
| 3 Month Change | 1.56% |
| 1 Year Change | 22.35% |
| 3 Year Change | 62.50% |
| 5 Year Change | 31.37% |
| Change since IPO | 81.12% |
Recent News & Updates
Recent updates
Does National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) Deserve A Spot On Your Watchlist?
Nov 27
Should You Be Adding National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) To Your Watchlist Today?
Aug 01National Bank of Ras Al-Khaimah (P.S.C.)'s (ADX:RAKBANK) Upcoming Dividend Will Be Larger Than Last Year's
Mar 23National Bank of Ras Al-Khaimah (P.S.C.)'s (ADX:RAKBANK) Dividend Will Be Increased To د.إ0.23
Feb 17National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) Is Increasing Its Dividend To د.إ0.23
Feb 03If You Had Bought National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) Shares Five Years Ago You'd Have A Total Return Of Negative 3.5%
Mar 01Is The National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) A Good Dividend Stock?
Jan 17
Is The National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) Popular Amongst Insiders?
Dec 12Shareholder Returns
| RAKBANK | AE Banks | AE Market | |
|---|---|---|---|
| 7D | 0% | -1.1% | -2.1% |
| 1Y | 22.4% | 3.9% | -5.4% |
Return vs Industry: RAKBANK exceeded the AE Banks industry which returned 3.5% over the past year.
Return vs Market: RAKBANK exceeded the AE Market which returned -6.2% over the past year.
Price Volatility
| RAKBANK volatility | |
|---|---|
| RAKBANK Average Weekly Movement | 4.0% |
| Banks Industry Average Movement | 3.6% |
| Market Average Movement | 3.7% |
| 10% most volatile stocks in AE Market | 7.7% |
| 10% least volatile stocks in AE Market | 2.3% |
Stable Share Price: RAKBANK has not had significant price volatility in the past 3 months.
Volatility Over Time: RAKBANK's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1976 | n/a | Raheel Ahmed | www.rakbank.ae |
The National Bank of Ras Al-Khaimah (P.S.C.), together with its subsidiaries, provides retail, Islamic, and commercial banking products and services to individuals and businesses in the United Arab Emirates. It operates through five segments: Retail Banking, Wholesale Banking, Business Banking, Treasury, and Insurance Business. The company offers current, savings, gold, elite, joint, and merchant accounts, as well as call, fixed, recurring, and flexi fixed deposit accounts; home, personal, cash, green, business, auto, national, and education loans; real estate, point of sales and e-commerce, trade and working capital, and machinery finance, as well as commercial vehicles, construction equipment, project, and bridge finance products; mortgages; and credit, debit, and prepaid cards.
The National Bank of Ras Al-Khaimah (P.S.C.) Fundamentals Summary
| RAKBANK fundamental statistics | |
|---|---|
| Market cap | د.إ10.46b |
| Earnings (TTM) | د.إ1.91b |
| Revenue (TTM) | د.إ3.59b |
5.5x
P/E Ratio1.0x
P/B RatioIs RAKBANK overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| RAKBANK income statement (TTM) | |
|---|---|
| Revenue | د.إ3.59b |
| Cost of Revenue | د.إ0 |
| Gross Profit | د.إ3.59b |
| Other Expenses | د.إ1.69b |
| Earnings | د.إ1.91b |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.95 |
| Gross Margin | 100.00% |
| Net Profit Margin | 53.07% |
| Debt/Equity Ratio | 96.6% |
How did RAKBANK perform over the long term?
See historical performance and comparison