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National Bank of Ras Al-Khaimah (P.S.C.) ADX:RAKBANK Stock Report

Last Price

د.إ6.05

Market Cap

د.إ12.2b

7D

1.7%

1Y

16.3%

Updated

17 Dec, 2024

Data

Company Financials +

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

ADX:RAKBANK Stock Report

Market Cap: د.إ12.2b

My Notes

Capture your thoughts, links and company narrative

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

Price History & Performance

Summary of share price highs, lows and changes for National Bank of Ras Al-Khaimah (P.S.C.)
Historical stock prices
Current Share Priceد.إ6.05
52 Week Highد.إ6.05
52 Week Lowد.إ5.00
Beta0.19
1 Month Change8.23%
3 Month Change16.57%
1 Year Change16.35%
3 Year Change57.83%
5 Year Change54.47%
Change since IPO110.73%

Recent News & Updates

Here's Why We Think National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) Might Deserve Your Attention Today

Aug 28
Here's Why We Think National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) Might Deserve Your Attention Today

Recent updates

Here's Why We Think National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) Might Deserve Your Attention Today

Aug 28
Here's Why We Think National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) Might Deserve Your Attention Today

Does National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) Deserve A Spot On Your Watchlist?

Nov 27
Does National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) Deserve A Spot On Your Watchlist?

Should You Be Adding National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) To Your Watchlist Today?

Aug 01
Should You Be Adding National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) To Your Watchlist Today?

National Bank of Ras Al-Khaimah (P.S.C.)'s (ADX:RAKBANK) Upcoming Dividend Will Be Larger Than Last Year's

Mar 23
National Bank of Ras Al-Khaimah (P.S.C.)'s (ADX:RAKBANK) Upcoming Dividend Will Be Larger Than Last Year's

National Bank of Ras Al-Khaimah (P.S.C.)'s (ADX:RAKBANK) Dividend Will Be Increased To د.إ0.23

Feb 17
National Bank of Ras Al-Khaimah (P.S.C.)'s (ADX:RAKBANK) Dividend Will Be Increased To د.إ0.23

National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) Is Increasing Its Dividend To د.إ0.23

Feb 03
National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) Is Increasing Its Dividend To د.إ0.23

If You Had Bought National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) Shares Five Years Ago You'd Have A Total Return Of Negative 3.5%

Mar 01
If You Had Bought National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) Shares Five Years Ago You'd Have A Total Return Of Negative 3.5%

Is The National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) A Good Dividend Stock?

Jan 17
Is The National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) A Good Dividend Stock?

Is The National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) Popular Amongst Insiders?

Dec 12
Is The National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) Popular Amongst Insiders?

Shareholder Returns

RAKBANKAE BanksAE Market
7D1.7%3.1%0.9%
1Y16.3%14.5%1.8%

Return vs Industry: RAKBANK exceeded the AE Banks industry which returned 14.5% over the past year.

Return vs Market: RAKBANK exceeded the AE Market which returned 1.8% over the past year.

Price Volatility

Is RAKBANK's price volatile compared to industry and market?
RAKBANK volatility
RAKBANK Average Weekly Movement3.2%
Banks Industry Average Movement3.7%
Market Average Movement4.1%
10% most volatile stocks in AE Market8.8%
10% least volatile stocks in AE Market2.1%

Stable Share Price: RAKBANK has not had significant price volatility in the past 3 months compared to the AE market.

Volatility Over Time: RAKBANK's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1976n/aRaheel Ahmedwww.rakbank.ae

The National Bank of Ras Al-Khaimah (P.S.C.), together with its subsidiaries, provides retail, Islamic, and commercial banking products and services to individuals and businesses in the United Arab Emirates. It operates through five segments: Retail Banking, Wholesale Banking, Business Banking, Treasury, and Insurance Business. The company offers current, savings, gold, elite, joint, and merchant accounts, as well as call, fixed, recurring, and flexi fixed deposit accounts; home, personal, cash, green, business, auto, national, and education loans; real estate, point of sales and e-commerce, trade and working capital, and machinery finance, as well as commercial vehicles, construction equipment, project, and bridge finance products; mortgages; and credit, debit, and prepaid cards.

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

How do National Bank of Ras Al-Khaimah (P.S.C.)'s earnings and revenue compare to its market cap?
RAKBANK fundamental statistics
Market capد.إ12.17b
Earnings (TTM)د.إ2.12b
Revenue (TTM)د.إ3.90b

5.7x

P/E Ratio

1.1x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RAKBANK income statement (TTM)
Revenueد.إ3.90b
Cost of Revenueد.إ0
Gross Profitد.إ3.90b
Other Expensesد.إ1.78b
Earningsد.إ2.12b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.05
Gross Margin100.00%
Net Profit Margin54.30%
Debt/Equity Ratio97.1%

How did RAKBANK perform over the long term?

See historical performance and comparison

Dividends

5.1%

Current Dividend Yield

29%

Payout Ratio