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Emirati (ADX) Diversified Banks Industry Analysis

UpdatedNov 10, 2024
DataAggregated Company Financials
Companies17
  • 7D-0.5%
  • 3M2.0%
  • 1Y8.9%
  • YTDn/a

Over the last 7 days, the Diversified Banks industry has remained flat, although notably Abu Dhabi Commercial Bank PJSC gained 3.3%. The past year has been better, since the industry has gained 8.9% in that time. Earnings are forecast to be flat in the coming years.

Industry Valuation and Performance

Has the Emirati Diversified Banks Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 11 Nov 2024د.إ540.8bد.إ135.5bد.إ76.3b7.8x7.1x4x
Wed, 09 Oct 2024د.إ564.8bد.إ136.5bد.إ77.4b8.1x7.3x4.1x
Fri, 06 Sep 2024د.إ565.7bد.إ136.5bد.إ77.4b7.9x7.3x4.1x
Sun, 04 Aug 2024د.إ555.1bد.إ136.5bد.إ77.4b7.8x7.2x4.1x
Tue, 02 Jul 2024د.إ523.8bد.إ131.1bد.إ75.0b7.6x7x4x
Thu, 30 May 2024د.إ498.8bد.إ131.1bد.إ75.0b7x6.6x3.8x
Sat, 27 Apr 2024د.إ520.4bد.إ129.6bد.إ74.5b7.9x7x4x
Mon, 25 Mar 2024د.إ545.4bد.إ125.1bد.إ72.6b8.2x7.5x4.4x
Wed, 21 Feb 2024د.إ570.6bد.إ125.1bد.إ72.6b8.2x7.9x4.6x
Fri, 19 Jan 2024د.إ549.1bد.إ119.3bد.إ67.3b8.9x8.2x4.6x
Sun, 17 Dec 2023د.إ516.6bد.إ119.3bد.إ67.4b8.2x7.7x4.3x
Tue, 14 Nov 2023د.إ516.7bد.إ119.3bد.إ67.6b8.1x7.6x4.3x
Thu, 12 Oct 2023د.إ523.1bد.إ110.6bد.إ62.3b8.5x8.4x4.7x
Sat, 09 Sep 2023د.إ525.5bد.إ110.8bد.إ62.3b8.6x8.4x4.7x
Mon, 07 Aug 2023د.إ536.7bد.إ110.8bد.إ61.6b8.9x8.7x4.8x
Wed, 05 Jul 2023د.إ510.6bد.إ102.4bد.إ54.2b8.7x9.4x5x
Fri, 02 Jun 2023د.إ477.6bد.إ102.4bد.إ54.2b9x8.8x4.7x
Sun, 30 Apr 2023د.إ506.3bد.إ101.7bد.إ53.8b9.3x9.4x5x
Tue, 28 Mar 2023د.إ462.8bد.إ94.4bد.إ50.9b9.4x9.1x4.9x
Thu, 23 Feb 2023د.إ495.6bد.إ94.4bد.إ50.8b9.5x9.7x5.2x
Sat, 21 Jan 2023د.إ496.4bد.إ88.5bد.إ48.0b10.3x10.3x5.6x
Mon, 19 Dec 2022د.إ518.3bد.إ88.5bد.إ48.1b9.6x10.8x5.9x
Wed, 16 Nov 2022د.إ536.2bد.إ88.7bد.إ47.3b9.8x11.3x6x
Fri, 14 Oct 2022د.إ520.8bد.إ84.1bد.إ44.3b11.1x11.8x6.2x
Sun, 11 Sep 2022د.إ526.8bد.إ84.1bد.إ44.3b11.1x11.9x6.3x
Tue, 09 Aug 2022د.إ546.6bد.إ84.0bد.إ42.7b10.3x12.8x6.5x
Thu, 07 Jul 2022د.إ508.5bد.إ78.8bد.إ40.7b10.6x12.5x6.5x
Sat, 04 Jun 2022د.إ556.1bد.إ78.8bد.إ40.7b11.7x13.7x7.1x
Mon, 02 May 2022د.إ597.9bد.إ78.8bد.إ40.7b12.1x14.7x7.6x
Wed, 30 Mar 2022د.إ612.6bد.إ72.9bد.إ35.4b14.4x17.3x8.4x
Fri, 25 Feb 2022د.إ553.0bد.إ72.7bد.إ35.1b12.9x15.8x7.6x
Sun, 23 Jan 2022د.إ535.1bد.إ66.2bد.إ28.4b13.5x18.8x8.1x
Tue, 21 Dec 2021د.إ516.9bد.إ66.2bد.إ28.4b12.9x18.2x7.8x
Thu, 18 Nov 2021د.إ518.4bد.إ65.9bد.إ29.4b13x17.6x7.9x
Price to Earnings Ratio

17.6x


Total Market Cap: د.إ518.4bTotal Earnings: د.إ29.4bTotal Revenue: د.إ65.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Emirati Diversified Banks Industry Price to Earnings3Y Average 10.5x202220232024
Current Industry PE
  • Investors are pessimistic on the Emirian Diversified 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 7.1x which is lower than its 3-year average PE of 10.5x.
  • The 3-year average PS ratio of 5.5x is higher than the industry's current PS ratio of 4.0x.
Past Earnings Growth
  • The earnings for companies in the Diversified Banks industry have grown 37% per year over the last three years.
  • Revenues for these companies have grown 27% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Emirati Diversified Banks compare with similar industries?

AE Market1.12%
Financials-0.44%
Banks-0.52%
Diversified Banks-0.52%
Regional Banks0%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
ADCB Abu Dhabi Commercial Bank PJSCد.إ9.503.3%
+د.إ2.2b
14.5%PB0.9x
DIB Dubai Islamic Bank P.J.S.Cد.إ6.361.6%
+د.إ722.7m
14.8%PB1x
CBI Commercial Bank International P.S.Cد.إ0.9911.0%
+د.إ170.3m
23.6%PB0.6x
NBQ National Bank of Umm Al-Qaiwain (PSC)د.إ2.281.3%
+د.إ60.0m
33.3%PB0.8x
UAB United Arab Bank P.J.S.Cد.إ1.131.8%
+د.إ41.3m
-15.0%PB0.9x
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Latest News

NBF

د.إ3.33

National Bank of Fujairah PJSC

7D

-28.2%

1Y

-22.3%

CBD

د.إ7.39

Commercial Bank of Dubai PSC

7D

-2.8%

1Y

55.9%

DIB

د.إ6.36

Dubai Islamic Bank P.J.S.C

7D

1.6%

1Y

14.8%

MASQ

د.إ237.00

Mashreqbank PSC

7D

-1.3%

1Y

51.4%

CBI

د.إ0.99

Commercial Bank International P.S.C

7D

11.0%

1Y

23.6%

ADCB

د.إ9.50

Abu Dhabi Commercial Bank PJSC

7D

3.3%

1Y

14.5%

UAB

د.إ1.13

United Arab Bank P.J.S.C

7D

1.8%

1Y

-15.0%

RAKBANK

د.إ5.45

National Bank of Ras Al-Khaimah (P.S.C.)

7D

-0.9%

1Y

-0.9%

AJMANBANK

د.إ1.72

Ajman Bank PJSC

7D

-1.1%

1Y

-17.7%

NBQ

د.إ2.28

National Bank of Umm Al-Qaiwain (PSC)

7D

1.3%

1Y

33.3%

FAB

د.إ13.30

First Abu Dhabi Bank P.J.S.C

7D

-0.7%

1Y

0%

ALSALAMSUDAN

د.إ0.53

Al Salam Bank - Sudan

7D

4.3%

1Y

n/a