Mashreqbank PSC

DFM:MASQ Stock Report

Market Cap: د.إ43.3b

Mashreqbank PSC Past Earnings Performance

Past criteria checks 3/6

Mashreqbank PSC has been growing earnings at an average annual rate of 50%, while the Banks industry saw earnings growing at 25.7% annually. Revenues have been growing at an average rate of 33.9% per year. Mashreqbank PSC's return on equity is 24.6%, and it has net margins of 66.4%.

Key information

50.0%

Earnings growth rate

50.0%

EPS growth rate

Banks Industry Growth12.3%
Revenue growth rate33.9%
Return on equity24.6%
Net Margin66.4%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Mashreqbank PSC makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DFM:MASQ Revenue, expenses and earnings (AED Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2412,9368,5953,4650
30 Jun 2413,2589,0763,4500
31 Mar 2412,8398,9873,3060
31 Dec 2312,1598,5893,2280
30 Sep 2310,3526,8993,0840
30 Jun 239,1525,8372,9580
31 Mar 237,9854,7272,9020
31 Dec 226,8373,7292,7470
30 Sep 226,2043,3352,5830
30 Jun 225,1182,3252,5460
31 Mar 224,3111,5712,5140
31 Dec 213,7341,0022,5280
30 Sep 211,750-1,3652,8970
30 Jun 211,336-1,7282,8350
31 Mar 211,399-1,6852,8560
31 Dec 201,815-1,2782,8690
30 Sep 203,3026602,4400
30 Jun 204,0561,3792,4880
31 Mar 204,6011,8872,5310
31 Dec 194,7952,0652,5500
30 Sep 194,8012,0702,6650
30 Jun 194,8132,1202,6250
31 Mar 194,8282,0902,6770
31 Dec 184,7362,0602,6180
30 Sep 184,7662,1362,5520
30 Jun 184,7012,1102,4960
31 Mar 184,5962,1042,3840
31 Dec 174,5292,0522,3610
30 Sep 174,6002,1052,3760
30 Jun 174,4501,9592,3780
31 Mar 174,4251,9412,3720
31 Dec 164,4371,9262,4070
30 Sep 164,5242,0422,4360
30 Jun 164,6822,1792,4570
31 Mar 164,8092,2832,4710
31 Dec 154,9442,4022,4730
30 Sep 154,9972,4902,4200
30 Jun 154,9822,5362,3670
31 Mar 154,8532,4772,2900
31 Dec 144,6882,4012,2100
30 Sep 144,4812,2622,1470
30 Jun 144,3122,1382,0960
31 Mar 144,0711,9562,0790
31 Dec 133,8881,8062,0420

Quality Earnings: MASQ has high quality earnings.

Growing Profit Margin: MASQ's current net profit margins (66.4%) are lower than last year (66.6%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: MASQ's earnings have grown significantly by 50% per year over the past 5 years.

Accelerating Growth: MASQ's earnings growth over the past year (24.6%) is below its 5-year average (50% per year).

Earnings vs Industry: MASQ earnings growth over the past year (24.6%) exceeded the Banks industry 23.5%.

Return on Equity

High ROE: Whilst MASQ's Return on Equity (24.6%) is high, this metric is skewed due to their high level of debt.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 03:06
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Mashreqbank PSC is covered by 6 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jaap MeijerArqaam Capital Research Offshore S.A.L.
Radwa El-SwaifyBeltone Financial
Sanyalaksna ManibhanduFAB Securities