Attijariwafa bank Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of ATW?
Owner Type	Number of Shares	Ownership Percentage
Public Companies	11,687,498	5.79%
Private Companies	21,985,329	10.9%
Institutions	32,935,103	16.3%
General Public	35,170,939	17.4%
VC/PE Firms	100,135,387	49.6%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 82.55% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
49.6%	Al Mada	100,135,387	د.م66.6b	0%	100.0%
6.74%	Wafa Assurance, Asset Management Arm	13,602,015	د.م9.0b	0%	100.0%
5.71%	Regime Collectif d'Allocation de Retraite	11,528,117	د.م7.7b	0%	no data
5.43%	Banco Santander, S.A.	10,968,254	د.م7.3b	0%	no data
5.18%	Mutuelle Agricole Marocaine d'Assurances	10,457,212	د.م7.0b	0%	no data
4.38%	Caisse Interprofessionnelle Marocaine de Retraite	8,850,987	د.م5.9b	0%	67.31%
2.79%	Caisse Marocaine des Retraites	5,635,314	د.م3.7b	0%	100.0%
1.02%	RMA Capital	2,049,664	د.م1.4b	0%	78.67%
0.69%	Caisse de Dépôt et de Gestion Group, Asset Management Arm	1,393,091	د.م926.4m	0%	21.51%
0.36%	AXA SA	719,244	د.م478.3m	0%	no data
0.13%	Legal & General Investment Management Limited	267,912	د.م178.2m	0%	no data
0.12%	Schroder Investment Management Limited	245,560	د.م163.3m	0%	0.01%
0.1%	Russell Investment Management, LLC	211,000	د.م140.3m	0%	0.02%
0.057%	Franklin Resources, Inc.	115,277	د.م76.7m	0%	no data
0.039%	Amundi Asset Management SAS	79,305	د.م52.7m	-25.5%	no data
0.033%	Norges Bank Investment Management	67,339	د.م44.8m	0%	no data
0.031%	Coeli Frontier Markets AB	62,560	د.م41.6m	0%	2.21%
0.028%	Van Eck Associates Corporation	56,329	د.م37.5m	-8.16%	no data
0.023%	Mazi Asset Management (Pty) Ltd	47,000	د.م31.3m	0%	1.8%
0.023%	T. Rowe Price Group, Inc.	46,387	د.م30.8m	1.04%	no data
0.019%	Harding Loevner LP	37,379	د.م24.9m	0%	0.01%
0.017%	Ashmore Investment Management Limited	33,548	د.م22.3m	126%	0.52%
0.016%	Bellevue Asset Management AG	32,115	د.م21.4m	0%	0.03%
0.013%	Eurizon Capital S.A.	26,491	د.م17.6m	0%	0.01%
0.0087%	Ashmore Equities Investment Management (US) LLC	17,632	د.م11.7m	0%	0.93%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/04/16 06:20
End of Day Share Price	2025/04/16 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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.

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 Github.

Analyst Sources

Attijariwafa bank SA is covered by 8 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Ranya Gnaba	AlphaMena
Jaap Meijer	Arqaam Capital Research Offshore S.A.L.
Craig Metherell	Avior Capital Markets