Stock Analysis

Abu Dhabi Islamic Bank PJSC Third Quarter 2022 Earnings: EPS: د.إ0.25 (vs د.إ0.11 in 3Q 2021)

  •  Updated
ADX:ADIB
Source: Shutterstock

Abu Dhabi Islamic Bank PJSC (ADX:ADIB) Third Quarter 2022 Results

Key Financial Results
  • Revenue: د.إ1.55b (up 46% from 3Q 2021).
  • Net income: د.إ911.5m (up 131% from 3Q 2021).
  • Profit margin: 59% (up from 37% in 3Q 2021).
    • The increase in margin was primarily driven by higher revenue.
  • EPS: د.إ0.25 (up from د.إ0.11 in 3Q 2021).
earnings-and-revenue-growth
ADX:ADIB Earnings and Revenue Growth October 28th 2022

All figures shown in the chart above are for the trailing 12 month (TTM) period

Abu Dhabi Islamic Bank PJSC Earnings Insights

Looking ahead, revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the Banks industry in United Arab Emirates.

Performance of the Emirian Banks industry.

The company's shares are up 5.3% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. See our latest analysis on Abu Dhabi Islamic Bank PJSC's balance sheet health.

Valuation is complex, but we're helping make it simple.

Find out whether Abu Dhabi Islamic Bank PJSC is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

View the Free Analysis