Abu Dhabi Islamic Bank PJSC (ADX:ADIB) Third Quarter 2022 ResultsKey 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).
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.
The company's shares are up 5.3% from a week ago.
Balance Sheet AnalysisJust 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.
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