First Abu Dhabi Bank P.J.S.C Past Earnings Performance

Past criteria checks 3/6

First Abu Dhabi Bank P.J.S.C has been growing earnings at an average annual rate of 8.6%, while the Banks industry saw earnings growing at 24.9% annually. Revenues have been growing at an average rate of 9.9% per year. First Abu Dhabi Bank P.J.S.C's return on equity is 13.2%, and it has net margins of 59.1%.

Key information

8.6%

Earnings growth rate

8.5%

EPS growth rate

Banks Industry Growth	12.3%
Revenue growth rate	9.9%
Return on equity	13.2%
Net Margin	59.1%
Last Earnings Update	30 Sep 2024

Recent past performance updates

Recent updates

First Abu Dhabi Bank P.J.S.C. Just Recorded A 10% Revenue Beat: Here's What Analysts Think

Apr 30

Don't Race Out To Buy First Abu Dhabi Bank P.J.S.C. (ADX:FAB) Just Because It's Going Ex-Dividend

Mar 04

First Abu Dhabi Bank P.J.S.C (ADX:FAB) Has Compensated Shareholders With A Respectable 56% Return On Their Investment

Feb 12

Looking For Steady Income For Your Dividend Portfolio? Is First Abu Dhabi Bank P.J.S.C. (ADX:FAB) A Good Fit?

Jan 07

What Kind Of Shareholders Own First Abu Dhabi Bank P.J.S.C. (ADX:FAB)?

Dec 01

How Many First Abu Dhabi Bank P.J.S.C. (ADX:FAB) Shares Do Institutions Own?

Aug 04

The First Abu Dhabi Bank P.J.S.C (ADX:FAB) Share Price Is Down 24% So Some Shareholders Are Getting Worried

Jun 24

Revenue & Expenses Breakdown

How First Abu Dhabi Bank P.J.S.C makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

ADX:FAB Revenue, expenses and earnings (AED Millions)
Date	Revenue	Earnings	G+A Expenses
30 Sep 24	27,311	16,135	7,393
30 Jun 24	26,393	15,935	7,210
31 Mar 24	25,690	15,890	7,005
31 Dec 23	24,676	15,753	6,782
30 Sep 23	23,591	14,204	6,922
30 Jun 23	22,021	13,029	6,746
31 Mar 23	20,547	11,725	6,619
31 Dec 22	21,421	13,035	6,456
30 Sep 22	22,013	13,896	5,893
30 Jun 22	22,828	14,851	5,850
31 Mar 22	22,661	14,824	5,660
31 Dec 21	19,766	12,175	5,460
30 Sep 21	18,881	12,143	5,283
30 Jun 21	17,068	10,747	4,927
31 Mar 21	16,286	10,269	4,765
31 Dec 20	16,202	10,129	4,790
30 Sep 20	15,953	9,908	4,921
30 Jun 20	16,755	10,457	5,118
31 Mar 20	17,706	11,266	5,249
31 Dec 19	18,413	11,948	5,217
30 Sep 19	18,301	11,800	5,171
30 Jun 19	18,108	11,742	5,063
31 Mar 19	17,919	11,580	4,982
31 Dec 18	17,816	11,516	5,060
30 Sep 18	17,645	11,405	5,193
30 Jun 18	17,284	11,016	5,307
31 Mar 18	16,853	10,519	5,489
31 Dec 17	14,114	8,752	4,705
30 Sep 17	11,922	7,526	3,816
30 Jun 17	10,255	6,872	2,963
31 Mar 17	8,011	5,688	2,051
31 Dec 16	8,088	5,888	1,944
30 Sep 16	7,680	6,048	1,891
30 Jun 16	7,149	5,643	1,861
31 Mar 16	7,313	5,758	1,899
31 Dec 15	7,431	5,877	1,925
30 Sep 15	7,542	5,709	1,750
30 Jun 15	7,652	5,714	1,811
31 Mar 15	7,561	5,611	1,818
31 Dec 14	7,489	5,507	1,831
30 Sep 14	7,476	5,302	2,060
30 Jun 14	7,145	5,039	1,970
31 Mar 14	6,849	4,829	1,855
31 Dec 13	6,475	4,534	1,766

Quality Earnings: FAB has high quality earnings.

Growing Profit Margin: FAB's current net profit margins (59.1%) are lower than last year (60.2%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: FAB's earnings have grown by 8.6% per year over the past 5 years.

Accelerating Growth: FAB's earnings growth over the past year (13.6%) exceeds its 5-year average (8.6% per year).

Earnings vs Industry: FAB earnings growth over the past year (13.6%) did not outperform the Banks industry 23%.

First Abu Dhabi Bank P.J.S.C Past Earnings Performance

Past criteria checks 3/6

Key information

Recent past performance updates

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

First Abu Dhabi Bank P.J.S.C. to Report Q3, 2024 Results on Oct 18, 2024

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

First Abu Dhabi Bank P.J.S.C. to Report First Half, 2024 Results on Jul 25, 2024

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Full year 2023 earnings released: EPS: د.إ1.43 (vs د.إ1.18 in FY 2022)

Recent updates

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

First Abu Dhabi Bank P.J.S.C. to Report Q3, 2024 Results on Oct 18, 2024

First Abu Dhabi Bank P.J.S.C. Appoints Chris Jaques as Group Chief Risk Officer

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

First Abu Dhabi Bank P.J.S.C. to Report First Half, 2024 Results on Jul 25, 2024

Investors from West Asia, Japan Reportedly Eying Yes Bank's $5bn Stake Sale

First Abu Dhabi Bank Announces Executive Changes

First Abu Dhabi Bank P.J.S.C. Announces Executive Changes

First Abu Dhabi Bank Reportedly in Advanced Talks to Buy Yapi Kredi

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

First Abu Dhabi Bank Approves Cash Dividend for the Financial Year Ended 31 December 2023

First Abu Dhabi Bank P.J.S.C., Annual General Meeting, Mar 05, 2024

Dividend of د.إ0.71 announced

Full year 2023 earnings released: EPS: د.إ1.43 (vs د.إ1.18 in FY 2022)

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

First Abu Dhabi Bank P.J.S.C. to Report Q3, 2023 Results on Oct 19, 2023

Aldar Estates agreed to acquire FAB Properties LLC from First Abu Dhabi Bank P.J.S.C. (ADX:FAB).

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

First Abu Dhabi Bank Appoints Two New Executives

First Abu Dhabi Bank P.J.S.C. Just Recorded A 10% Revenue Beat: Here's What Analysts Think

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

First Abu Dhabi Bank Says Not Currently Evaluating Offer for Standard Chartered

First Abu Dhabi Bank Reportedly Explores $35 Billion Standard Chartered Offer

First Abu Dhabi Bank P.J.S.C. Appoints Lars Kramer as Group Chief Financial Officer

Full year 2022 earnings: Revenues miss analyst expectations

First Abu Dhabi Bank P.J.S.C., Annual General Meeting, Feb 28, 2023

First Abu Dhabi Bank P.J.S.C. to Report Q4, 2022 Results on Jan 26, 2023

First Abu Dhabi Bank Explores Offer for Standard Chartered

High number of new directors

Third quarter 2022 earnings released: EPS: د.إ0.25 (vs د.إ0.34 in 3Q 2021)

First Abu Dhabi Bank P.J.S.C. Announces Retirement of Mr. James Burdett, Group Chief Financial Officer

First Abu Dhabi Bank P.J.S.C. to Report Q3, 2022 Results on Oct 25, 2022

Second quarter 2022 earnings released: EPS: د.إ0.26 (vs د.إ0.26 in 2Q 2021)

High number of new directors

First Abu Dhabi Bank P.J.S.C. to Report Q2, 2022 Results on Jul 27, 2022

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

High number of new directors

First Abu Dhabi Bank P.J.S.C. to Report Q1, 2022 Results on Apr 27, 2022

Price target increased to د.إ18.70

Upcoming dividend of د.إ0.49 per share

First Abu Dhabi Bank Approves Dividend for the Financial Year Ended 31 December 2021

First Abu Dhabi Bank Reportedly in Talks to Buy EFG Hermes

Full year 2021 earnings: EPS and revenues exceed analyst expectations

First Abu Dhabi Bank P.J.S.C., Annual General Meeting, Feb 28, 2022

Consensus EPS estimates increase to د.إ1.07

Second quarter 2021 earnings released: EPS د.إ0.26 (vs د.إ0.21 in 2Q 2020)

First Abu Dhabi Bank P.J.S.C. (ADX:FAB) completed the acquisition of Bank Audi SAE from Bank Audi sal (BDB:AUDI).

First quarter 2021 earnings released: EPS د.إ0.22 (vs د.إ0.20 in 1Q 2020)

Don't Race Out To Buy First Abu Dhabi Bank P.J.S.C. (ADX:FAB) Just Because It's Going Ex-Dividend

First Abu Dhabi Bank P.J.S.C (ADX:FAB) Has Compensated Shareholders With A Respectable 56% Return On Their Investment

First Abu Dhabi Bank Appoints Clarence Singam-Zhou as Head of International Banking

First Abu Dhabi Bank PJSC Appoints Hana Al Rostamani as Group Chief Executive Officer in Place of Andre Sayegh

Full year 2020 earnings released: EPS د.إ0.93 (vs د.إ1.10 in FY 2019)

First Abu Dhabi Bank P.J.S.C., Annual General Meeting, Feb 28, 2021

First Abu Dhabi Bank P.J.S.C. to Report Q4, 2020 Results on Jan 26, 2021

New 90-day high: د.إ13.50

Looking For Steady Income For Your Dividend Portfolio? Is First Abu Dhabi Bank P.J.S.C. (ADX:FAB) A Good Fit?

First Abu Dhabi Bank Appoints Walshalafah (Wal) Salleh as the Chief Representative Officer for the Jakarta Representative Office

First Abu Dhabi Bank Partners with Visa to Launch Virtual Card Payment Solutions for Corporates

New 90-day high: د.إ13.04

What Kind Of Shareholders Own First Abu Dhabi Bank P.J.S.C. (ADX:FAB)?

New 90-day high: د.إ11.60

Third quarter earnings released

Third-quarter earnings released: Revenue misses expectations

First Abu Dhabi Bank Denies Merger Talks with Abu Dhabi Islamic Bank

First Abu Dhabi Bank Expands its Relationship with iGTB

How Many First Abu Dhabi Bank P.J.S.C. (ADX:FAB) Shares Do Institutions Own?

First Abu Dhabi Bank P.J.S.C. to Report Q2, 2020 Results on Jul 28, 2020

New 90-day low - د.إ10.48