Arab Banking Corporation (B.S.C.) (BAX:ABC) - Stock Price, News & Analysis

ABC Stock Overview

Provides wholesale banking services worldwide. More details

ABC fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	4/6
Financial Health	4/6
Dividends	2/6

Rewards

Trading at 51.5% below our estimate of its fair value

Earnings grew by 16.4% over the past year

Risk Analysis

Shares are highly illiquid

Unstable dividend track record

Arab Banking Corporation (B.S.C.) Competitors

Bank of Bahrain and Kuwait B.S.C

BAX:BBK

ب.د893.8m

Al Salam Bank B.S.C

BAX:SALAM

ب.د536.5m

National Bank of Bahrain B.S.C

BAX:NBB

ب.د1.1b

Khaleeji Bank B.S.C

BAX:KHALEEJI

ب.د94.2m

Price History & Performance

Summary of all time highs, changes and price drops for Arab Banking Corporation (B.S.C.)
Historical stock prices
Current Share Price	US$0.34
52 Week High	US$0.35
52 Week Low	US$0.28
Beta	0.14
11 Month Change	-2.90%
3 Month Change	1.52%
1 Year Change	14.33%
33 Year Change	-9.95%
5 Year Change	-28.72%
Change since IPO	-74.23%

Recent updates

Shareholder Returns

	ABC	BH Banks	BH Market
7D	0%	0.2%	-0.03%
1Y	14.3%	20.7%	5.9%

Return vs Industry: ABC exceeded the BH Banks industry which returned -3.1% over the past year.

Return vs Market: ABC exceeded the BH Market which returned 5.7% over the past year.

Price Volatility

Is ABC's price volatile compared to industry and market?
ABC volatility
ABC Average Weekly Movement	n/a
Banks Industry Average Movement	4.0%
Market Average Movement	1.9%
10% most volatile stocks in BH Market	4.9%
10% least volatile stocks in BH Market	1.5%

Stable Share Price: ABC's share price has been volatile over the past 3 months compared to the BH market.

Volatility Over Time: Insufficient data to determine ABC's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1980	n/a	Sael Fayez Al Waary	www.bank-abc.com

Arab Banking Corporation (B.S.C.) provides wholesale banking services worldwide. It operates through five segments: MENA Subsidiaries, International Wholesale Banking, Group Treasury, ABC Brasil, and Other. The company provides consumer banking products, such as term deposits, current, savings, and call accounts; personal, home, and car loans; and credit and visa electron cards.

Arab Banking Corporation (B.S.C.) Fundamentals Summary

How do Arab Banking Corporation (B.S.C.)'s earnings and revenue compare to its market cap?
ABC fundamental statistics
Market cap	US$1.04b
Earnings (TTM)	US$249.00m
Revenue (TTM)	US$1.20b

4.2x

P/E Ratio

0.2x

P/B Ratio

Is ABC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ABC income statement (TTM)
Revenue	US$1.20b
Cost of Revenue	US$0
Gross Profit	US$1.20b
Other Expenses	US$947.00m
Earnings	US$249.00m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.08
Gross Margin	100.00%
Net Profit Margin	20.82%
Debt/Equity Ratio	213.1%

How did ABC perform over the long term?

See historical performance and comparison

Dividends

6.7%

Current Dividend Yield

27%

Payout Ratio

ABC Stock Overview

Rewards

Risk Analysis

Arab Banking Corporation (B.S.C.) Competitors

BAX:BBK

ب.د893.8m

BAX:SALAM

ب.د536.5m

BAX:NBB

ب.د1.1b

BAX:KHALEEJI

ب.د94.2m

Price History & Performance

Recent News & Updates

Third quarter 2024 earnings released: EPS: US$0.018 (vs US$0.02 in 3Q 2023)

Arab Banking Corporation (B.S.C.) to Report Q3, 2024 Results on Nov 11, 2024

Second quarter 2024 earnings released: EPS: US$0.024 (vs US$0.02 in 2Q 2023)

First quarter 2024 earnings released: EPS: US$0.02 (vs US$0.02 in 1Q 2023)

Upcoming dividend of US$0.022 per share

Dividend increased to US$0.022

Recent updates

Third quarter 2024 earnings released: EPS: US$0.018 (vs US$0.02 in 3Q 2023)

Arab Banking Corporation (B.S.C.) to Report Q3, 2024 Results on Nov 11, 2024

Second quarter 2024 earnings released: EPS: US$0.024 (vs US$0.02 in 2Q 2023)

First quarter 2024 earnings released: EPS: US$0.02 (vs US$0.02 in 1Q 2023)

Upcoming dividend of US$0.022 per share

Dividend increased to US$0.022

Full year 2023 earnings released: EPS: US$0.07 (vs US$0.047 in FY 2022)

Arab Banking Corporation (B.S.C.), Annual General Meeting, Mar 24, 2024

Less than half of directors are independent

Third quarter 2023 earnings released: EPS: US$0.02 (vs US$0.015 in 3Q 2022)

Second quarter 2023 earnings released: EPS: US$0.02 (vs US$0.011 in 2Q 2022)

Arab Banking Corporation (B.S.C.) Announces Resignation of Farouk El Okdah from Board of Directors

Arab Banking Corporation (B.S.C.) Announces Executive Changes

Less than half of directors are independent

Arab Banking Corporation (B.S.C.) Announces Executive Appointments

Arab Banking Corporation (B.S.C.) Confirms the Appointment of Sael Al Waary as Group Chief Executive Officer

First quarter 2023 earnings released: EPS: US$0.02 (vs US$0.01 in 1Q 2022)

Less than half of directors are independent

Less than half of directors are independent

Upcoming dividend of US$0.015 per share at 5.8% yield

Arab Banking Corporation (B.S.C.) Recommends Dividends for the Year Ended December 31, 2022, Payable on 05 April 2023

Full year 2022 earnings released: EPS: US$0.05 (vs US$0.032 in FY 2021)

Less than half of directors are independent

Bank ABC Appoints Mike Davis as the Group Head of Corporates at its Head Office in Bahrain

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Arab Banking Corporation Announces Executive Changes, Effective August 1, 2022

First quarter 2022 earnings released: EPS: US$0.01 (vs US$0.01 in 1Q 2021)

Less than half of directors are independent

Insufficient new directors

Upcoming dividend of US$0.01 per share

Arab Banking Corporation (B.S.C.), Annual General Meeting, Mar 23, 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Arab Banking Corporation (B.S.C.) Recommends Cash Dividend for the Year Ended December 31, 2021, Payable on April 11, 2022

Third quarter 2021 earnings released: EPS US$0.01 (vs US$0.004 in 3Q 2020)

Second quarter 2021 earnings released: EPS US$0.01 (vs US$0.001 loss in 2Q 2020)

Arab Banking Corporation (B.S.C.) (BAX:ABC) completed the acquisition of 99.54% stake in BLOM Bank Egypt S.A.E. from BLOM Bank SAL (BDB:BLBD) and others for EGP 6.7 billion.

Arab Banking Corporation (B.S.C.) Announces Impairment Change for the First Quarter of Ended March 2021

First quarter 2021 earnings released: EPS US$0.01

Arab Banking Corporation (B.S.C.), Annual General Meeting, Mar 21, 2021

Full year 2020 earnings released: US$0.029 loss per share (vs US$0.063 profit in FY 2019)

Third quarter 2020 earnings released: EPS US$0.004

Arab Banking Corporation (B.S.C.) to Report Q3, 2020 Results on Nov 12, 2020

New 90-day high - US$0.30

First half earnings released

Arab Banking Corporation (B.S.C.) to Report Q1, 2020 Results on May 14, 2020

Arab Banking Corporation (B.S.C.) to Report Q2, 2020 Results on Aug 14, 2020

Shareholder Returns

Price Volatility

About the Company

Arab Banking Corporation (B.S.C.) Fundamentals Summary

4.2x

0.2x

Earnings & Revenue

Dividends

6.7%

27%