Stock Analysis

United Arab Bank P.J.S.C Reports Full Year 2024 Earnings

ADX:UAB
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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).
earnings-and-revenue-growth
ADX:UAB Earnings and Revenue Growth February 7th 2025

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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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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.

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