Analysis Article • Jul 26
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Emirati (ADX) Banks Industry Analysis
UpdatedJul 27, 2026
DataAggregated Company Financials
Companies17
- 7D2.3%
- 3M1.8%
- 1Y-0.6%
- YTD1.2%
In the last week, the Banks industry is up 2.3%, with First Abu Dhabi Bank P.J.S.C up 4.8%. Despite this gain, the industry's performance has been flat over the past year. Looking forward, earnings are forecast to grow by 6.3% 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 |
|---|---|---|---|---|---|---|
| Mon, 27 Jul 2026 | د.إ788.4b | د.إ161.7b | د.إ88.6b | 8x | 8.9x | 4.9x |
| Wed, 24 Jun 2026 | د.إ794.7b | د.إ159.9b | د.إ87.5b | 8.2x | 9.1x | 5x |
| Fri, 22 May 2026 | د.إ732.9b | د.إ159.9b | د.إ87.5b | 7.5x | 8.4x | 4.6x |
| Sun, 19 Apr 2026 | د.إ789.6b | د.إ156.3b | د.إ85.8b | 8.4x | 9.2x | 5.1x |
| Tue, 17 Mar 2026 | د.إ712.0b | د.إ155.9b | د.إ85.6b | 7.8x | 8.3x | 4.6x |
| Thu, 12 Feb 2026 | د.إ868.5b | د.إ155.6b | د.إ85.8b | 9.1x | 10.1x | 5.6x |
| Sat, 10 Jan 2026 | د.إ771.7b | د.إ151.8b | د.إ83.9b | 8.7x | 9.2x | 5.1x |
| Mon, 08 Dec 2025 | د.إ736.3b | د.إ151.8b | د.إ83.9b | 8.7x | 8.8x | 4.9x |
| Wed, 05 Nov 2025 | د.إ748.0b | د.إ151.9b | د.إ84.2b | 8.8x | 8.9x | 4.9x |
| Fri, 03 Oct 2025 | د.إ721.4b | د.إ147.5b | د.إ80.6b | 9.1x | 9x | 4.9x |
| Sun, 31 Aug 2025 | د.إ792.8b | د.إ152.7b | د.إ83.6b | 9.3x | 9.5x | 5.2x |
| Tue, 29 Jul 2025 | د.إ841.3b | د.إ152.3b | د.إ83.7b | 9.6x | 10.1x | 5.5x |
| Thu, 26 Jun 2025 | د.إ735.6b | د.إ149.0b | د.إ82.3b | 8.4x | 8.9x | 4.9x |
| Sat, 24 May 2025 | د.إ721.4b | د.إ149.0b | د.إ82.3b | 8.3x | 8.8x | 4.8x |
| Mon, 21 Apr 2025 | د.إ767.5b | د.إ145.1b | د.إ80.6b | 7.9x | 9.5x | 5.3x |
| Wed, 19 Mar 2025 | د.إ665.4b | د.إ144.9b | د.إ80.7b | 8.4x | 8.3x | 4.6x |
| Fri, 14 Feb 2025 | د.إ680.2b | د.إ144.9b | د.إ80.5b | 9.4x | 8.5x | 4.7x |
| Sun, 12 Jan 2025 | د.إ637.6b | د.إ140.3b | د.إ79.3b | 8.5x | 8x | 4.5x |
| Tue, 10 Dec 2024 | د.إ550.0b | د.إ135.5b | د.إ76.3b | 7.7x | 7.2x | 4.1x |
| Thu, 07 Nov 2024 | د.إ541.4b | د.إ135.5b | د.إ76.3b | 7.7x | 7.1x | 4x |
| Sat, 05 Oct 2024 | د.إ557.8b | د.إ136.5b | د.إ77.4b | 8.2x | 7.2x | 4.1x |
| Mon, 02 Sep 2024 | د.إ561.7b | د.إ136.5b | د.إ77.4b | 7.9x | 7.3x | 4.1x |
| Wed, 31 Jul 2024 | د.إ552.4b | د.إ136.5b | د.إ77.4b | 7.8x | 7.1x | 4x |
| Fri, 28 Jun 2024 | د.إ518.5b | د.إ131.1b | د.إ75.0b | 7.3x | 6.9x | 4x |
| Sun, 26 May 2024 | د.إ505.3b | د.إ131.1b | د.إ75.0b | 7.3x | 6.7x | 3.9x |
| Tue, 23 Apr 2024 | د.إ521.2b | د.إ125.1b | د.إ72.4b | 8.1x | 7.2x | 4.2x |
| Thu, 21 Mar 2024 | د.إ542.7b | د.إ125.1b | د.إ72.6b | 8.3x | 7.5x | 4.3x |
| Sat, 17 Feb 2024 | د.إ568.5b | د.إ125.1b | د.إ72.6b | 8.2x | 7.8x | 4.5x |
| Mon, 15 Jan 2024 | د.إ557.9b | د.إ119.3b | د.إ67.4b | 8.8x | 8.3x | 4.7x |
| Wed, 13 Dec 2023 | د.إ511.5b | د.إ119.3b | د.إ67.4b | 8.4x | 7.6x | 4.3x |
| Fri, 10 Nov 2023 | د.إ517.9b | د.إ119.5b | د.إ67.7b | 8.2x | 7.6x | 4.3x |
| Sun, 08 Oct 2023 | د.إ534.5b | د.إ110.6b | د.إ62.3b | 8.6x | 8.6x | 4.8x |
| Tue, 05 Sep 2023 | د.إ524.6b | د.إ110.8b | د.إ62.3b | 8.5x | 8.4x | 4.7x |
| Thu, 03 Aug 2023 | د.إ538.8b | د.إ110.8b | د.إ61.6b | 8.9x | 8.8x | 4.9x |
Price to Earnings Ratio
8.8x
Current Industry PE
- Investors are relatively neutral on the Emirian Banks industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 8.3x.
- The industry is trading close to its 3-year average PS ratio of 4.6x.
Past Earnings Growth
- The earnings for companies in the Banks industry have grown 13% per year over the last three years.
- Revenues for these companies have grown 14% 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 | 0.27% | |
| Financials | 2.13% | |
| Banks | 2.29% | |
| Diversified Banks | 2.29% | |
Industry PE
- Investors are most optimistic about the Diversified Banks industry, which is trading close to its 3-year average PE ratio of 8.3x.
- Analysts are expecting annual earnings growth of 6.3%, which is lower than the prior year's growth of 14.5% per year.
- Investors are most pessimistic about the Diversified Banks industry, which is trading close to its 3-year average of 8.3x.
Forecasted Growth
- Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 6.3% over the next 5 years.
- However this is lower than its past earnings growth rate of 14% per year.
- In contrast, the Diversified Banks industry is expected to see its earnings grow by 6.3% 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 | |
|---|---|---|---|---|---|
| FAB First Abu Dhabi Bank P.J.S.C | د.إ18.66 | 5.4% +د.إ10.6b | 3.4% | PB1.4x | |
| EMIRATESNBD Emirates NBD Bank PJSC | د.إ30.22 | 3.1% +د.إ5.8b | 15.8% | PB1.3x | |
| ADCB Abu Dhabi Commercial Bank PJSC | د.إ14.64 | 3.0% +د.إ3.3b | -9.6% | PB1.3x | |
| ADIB Abu Dhabi Islamic Bank PJSC | د.إ21.60 | 3.3% +د.إ2.5b | -11.1% | PB2.7x | |
| MASQ Mashreqbank PSC | د.إ259.00 | 2.0% +د.إ1.0b | -3.0% | PB1.3x |
