United Arab Bank P.J.S.C (ADX:UAB) Full Year 2024 Results
Key Financial Results
- Revenue: د.إ649.0m (up 20% from FY 2023).
- Net income: د.إ301.0m (up 18% from FY 2023).
- Profit margin: 46% (in line with FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
United Arab Bank P.J.S.C Earnings Insights
Looking ahead, revenue is forecast to grow 6.0% p.a. on average during the next 2 years, compared to a 6.0% growth forecast for the Banks industry in United Arab Emirates.
Performance of the Emirian Banks industry.
The company's shares are up 2.8% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 2 warning signs for United Arab Bank P.J.S.C you should be aware of, and 1 of them is potentially serious.
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About ADX:UAB
United Arab Bank P.J.S.C
Together with its subsidiary, provides commercial banking products and services for institutional and corporate customers in the United Arab Emirates.
Adequate balance sheet with acceptable track record.