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Emirati (ADX) Banks Industry Analysis
UpdatedMar 14, 2025
DataAggregated Company Financials
Companies18
- 7D-2.8%
- 3M10.7%
- 1Y15.0%
- YTD6.0%
Over the last 7 days, the Banks industry has dropped 2.6%, driven by declines in Abu Dhabi Commercial Bank PJSC and First Abu Dhabi Bank P.J.S.C of 7.3% and 3.6%, respectively. Meanwhile, United Arab Bank P.J.S.C actually outperformed within the industry, gaining 10% in the last week. This takes the industry's 12 month performance to a gain of 15%. Earnings are forecast to grow by 2.4% annually.
Industry Valuation and Performance
Has the Emirati Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 14 Mar 2025 | د.إ663.9b | د.إ145.1b | د.إ80.7b | 8.5x | 8.2x | 4.6x |
| Sun, 09 Feb 2025 | د.إ667.6b | د.إ144.0b | د.إ79.9b | 9.3x | 8.4x | 4.6x |
| Tue, 07 Jan 2025 | د.إ619.3b | د.إ140.3b | د.إ79.3b | 8.3x | 7.8x | 4.4x |
| Thu, 05 Dec 2024 | د.إ551.2b | د.إ135.5b | د.إ76.3b | 7.7x | 7.2x | 4.1x |
| Sat, 02 Nov 2024 | د.إ571.4b | د.إ139.6b | د.إ78.9b | 7.9x | 7.2x | 4.1x |
| Mon, 30 Sep 2024 | د.إ579.8b | د.إ136.5b | د.إ77.4b | 8.4x | 7.5x | 4.2x |
| Wed, 28 Aug 2024 | د.إ561.5b | د.إ136.5b | د.إ77.4b | 7.9x | 7.3x | 4.1x |
| Fri, 26 Jul 2024 | د.إ539.2b | د.إ135.1b | د.إ77.1b | 7.7x | 7x | 4x |
| Sun, 23 Jun 2024 | د.إ511.5b | د.إ131.1b | د.إ75.0b | 7.2x | 6.8x | 3.9x |
| Tue, 21 May 2024 | د.إ519.8b | د.إ131.1b | د.إ75.0b | 7.5x | 6.9x | 4x |
| Thu, 18 Apr 2024 | د.إ523.4b | د.إ125.1b | د.إ72.3b | 8x | 7.2x | 4.2x |
| Sat, 16 Mar 2024 | د.إ537.2b | د.إ125.1b | د.إ72.6b | 8.1x | 7.4x | 4.3x |
| Mon, 12 Feb 2024 | د.إ549.7b | د.إ125.5b | د.إ73.0b | 8x | 7.5x | 4.4x |
| Wed, 10 Jan 2024 | د.إ553.1b | د.إ119.3b | د.إ67.4b | 8.5x | 8.2x | 4.6x |
| Fri, 08 Dec 2023 | د.إ515.2b | د.إ119.3b | د.إ67.4b | 8.2x | 7.6x | 4.3x |
| Sun, 05 Nov 2023 | د.إ515.2b | د.إ119.5b | د.إ67.7b | 8.2x | 7.6x | 4.3x |
| Tue, 03 Oct 2023 | د.إ530.5b | د.إ110.8b | د.إ62.3b | 8.6x | 8.5x | 4.8x |
| Thu, 31 Aug 2023 | د.إ529.4b | د.إ110.8b | د.إ62.3b | 8.6x | 8.5x | 4.8x |
| Sat, 29 Jul 2023 | د.إ537.9b | د.إ110.7b | د.إ61.6b | 8.9x | 8.7x | 4.9x |
| Mon, 26 Jun 2023 | د.إ503.6b | د.إ102.4b | د.إ54.2b | 9.2x | 9.3x | 4.9x |
| Wed, 24 May 2023 | د.إ485.9b | د.إ102.0b | د.إ54.0b | 9.1x | 9x | 4.8x |
| Fri, 21 Apr 2023 | د.إ485.4b | د.إ94.9b | د.إ50.2b | 9.5x | 9.7x | 5.1x |
| Sun, 19 Mar 2023 | د.إ470.7b | د.إ94.4b | د.إ50.9b | 9.4x | 9.3x | 5x |
| Tue, 14 Feb 2023 | د.إ497.6b | د.إ94.4b | د.إ50.8b | 9.7x | 9.8x | 5.3x |
| Thu, 12 Jan 2023 | د.إ498.5b | د.إ88.5b | د.إ48.1b | 9.6x | 10.4x | 5.6x |
| Sat, 10 Dec 2022 | د.إ512.4b | د.إ88.5b | د.إ48.1b | 9.6x | 10.7x | 5.8x |
| Mon, 07 Nov 2022 | د.إ533.9b | د.إ88.7b | د.إ47.3b | 9.6x | 11.3x | 6x |
| Wed, 05 Oct 2022 | د.إ536.1b | د.إ84.1b | د.إ44.3b | 11.1x | 12.1x | 6.4x |
| Fri, 02 Sep 2022 | د.إ528.8b | د.إ84.0b | د.إ44.9b | 10.9x | 11.8x | 6.3x |
| Sun, 31 Jul 2022 | د.إ544.2b | د.إ81.0b | د.إ42.6b | 10.3x | 12.8x | 6.7x |
| Tue, 28 Jun 2022 | د.إ518.5b | د.إ78.8b | د.إ40.7b | 10.8x | 12.7x | 6.6x |
| Thu, 26 May 2022 | د.إ528.0b | د.إ78.8b | د.إ40.7b | 11.1x | 13x | 6.7x |
| Sat, 23 Apr 2022 | د.إ603.3b | د.إ73.8b | د.إ36.0b | 14.3x | 16.8x | 8.2x |
| Mon, 21 Mar 2022 | د.إ580.7b | د.إ72.9b | د.إ35.4b | 13.6x | 16.4x | 8x |
Price to Earnings Ratio
16.4x
Current Industry PE
- Investors are pessimistic on the Emirian Banks industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 8.2x which is lower than its 3-year average PE of 9.5x.
- The 3-year average PS ratio of 5.1x is higher than the industry's current PS ratio of 4.6x.
Past Earnings Growth
- The earnings for companies in the Banks industry have grown 32% per year over the last three years.
- Revenues for these companies have grown 26% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Emirati Financials industry?
| AE Market | -1.19% | |
| Financials | -2.68% | |
| Banks | -2.80% | |
| Diversified Banks | -2.80% | |
Industry PE
- Investors are most optimistic about the Diversified Banks industry even though it's trading below its 3-year average PE ratio of 9.5x.
- Analysts are expecting annual earnings growth of 2.4%, which is lower than the prior year's growth of 15.6% per year.
- Investors are most pessimistic about the Diversified Banks industry, which is trading below its 3-year average of 9.5x.
Forecasted Growth
- Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 2.4% over the next 5 years.
- However this is lower than its past earnings growth rate of 16% per year.
- In contrast, the Diversified Banks industry is expected to see its earnings grow by 2.4% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| DIB Dubai Islamic Bank P.J.S.C | د.إ7.53 | 1.1% +د.إ578.2m | 30.7% | PB1.1x | |
| UAB United Arab Bank P.J.S.C | د.إ1.52 | 10.1% +د.إ288.8m | 24.6% | PB1.2x |
