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Gulf Bank K.S.C.P KWSE:GBK Stock Report

Last Price

د.ك0.33

Market Cap

د.ك1.2b

7D

-1.8%

1Y

21.8%

Updated

30 Dec, 2024

Data

Company Financials +

Gulf Bank K.S.C.P.

KWSE:GBK Stock Report

Market Cap: د.ك1.2b

GBK Stock Overview

Provides various banking products and services to individual, corporate, and institutional customers in Kuwait. More details

GBK fundamental analysis
Snowflake Score
Valuation0/6
Future Growth3/6
Past Performance2/6
Financial Health6/6
Dividends3/6

Rewards

Earnings are forecast to grow 16.95% per year

Risk Analysis

Unstable dividend track record


My Notes

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WA
Analyst Price Target
Consensus Narrative from 3 Analysts

Shariah-Compliant Expansion And Kuwait Vision 2035 Propel Earnings And Growth Prospects

Key Takeaways Strategic focus on project financing and a potential merger could enhance growth, diversify revenue streams, and stabilize net margins. Opportunities in national development projects and stable oil prices may boost earnings through increased corporate lending.
View narrative
د.ك0.34
FV
3.2% undervalued intrinsic discount
17.76%
Revenue growth p.a.
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5 days ago author updated this narrative

Gulf Bank K.S.C.P. Competitors

Commercial Bank of Kuwait K.P.S.C

KWSE:CBK

د.ك1.1b

Burgan Bank K.P.S.C

KWSE:BURG

د.ك665.9m

Boubyan Bank K.S.C.P

KWSE:BOUBYAN

د.ك2.4b

Al Ahli Bank of Kuwait K.S.C.P

KWSE:ABK

د.ك666.3m

Price History & Performance

Summary of share price highs, lows and changes for Gulf Bank K.S.C.P
Historical stock prices
Current Share Priceد.ك0.33
52 Week Highد.ك0.34
52 Week Lowد.ك0.25
Beta0.36
1 Month Change2.19%
3 Month Change7.59%
1 Year Change21.82%
3 Year Change34.78%
5 Year Change31.04%
Change since IPO118.97%

Recent News & Updates

Recent updates

Shareholder Returns

GBKKW BanksKW Market
7D-1.8%1.0%1.0%
1Y21.8%9.2%8.3%

Return vs Industry: GBK exceeded the KW Banks industry which returned 9.2% over the past year.

Return vs Market: GBK exceeded the KW Market which returned 8.3% over the past year.

Price Volatility

Is GBK's price volatile compared to industry and market?
GBK volatility
GBK Average Weekly Movement2.2%
Banks Industry Average Movement2.2%
Market Average Movement4.6%
10% most volatile stocks in KW Market10.4%
10% least volatile stocks in KW Market2.1%

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

Volatility Over Time: GBK's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1960n/aWaleed Mandaniwww.e-gulfbank.com

Gulf Bank K.S.C.P. provides various banking products and services to individual, corporate, and institutional customers in Kuwait. It operates through Commercial Banking, and Treasury & Investments segments. The company accepts current accounts, salary accounts, savings accounts, youth programs, Al Danah accounts, and term and time deposits.

Gulf Bank K.S.C.P. Fundamentals Summary

How do Gulf Bank K.S.C.P's earnings and revenue compare to its market cap?
GBK fundamental statistics
Market capد.ك1.24b
Earnings (TTM)د.ك57.60m
Revenue (TTM)د.ك150.05m

21.5x

P/E Ratio

1.5x

P/B Ratio

Is GBK overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GBK income statement (TTM)
Revenueد.ك150.05m
Cost of Revenueد.ك0
Gross Profitد.ك150.05m
Other Expensesد.ك92.45m
Earningsد.ك57.60m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.015
Gross Margin100.00%
Net Profit Margin38.39%
Debt/Equity Ratio61.3%

How did GBK perform over the long term?

See historical performance and comparison

Dividends

3.5%

Current Dividend Yield

74%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 19:07
End of Day Share Price 2024/12/30 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

Gulf Bank K.S.C.P. is covered by 7 analysts. 3 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.
Sara BoutrosCI Capital Research
Elena Sanchez-CabezudoEFG-Hermes Research