Commercial Bank (P.S.Q.C.) Past Earnings Performance
Past criteria checks 2/6
Commercial Bank (P.S.Q.C.) has been growing earnings at an average annual rate of 5.6%, while the Banks industry saw earnings growing at 8.4% annually. Revenues have been growing at an average rate of 4.5% per year. Commercial Bank (P.S.Q.C.)'s return on equity is 7.9%, and it has net margins of 45.9%.
Key information
5.59%
Earnings growth rate
6.57%
EPS growth rate
| Banks Industry Growth | 3.84% |
| Revenue growth rate | 4.48% |
| Return on equity | 7.89% |
| Net Margin | 45.92% |
| Last Earnings Update | 31 Mar 2026 |
Recent past performance updates
Recent updates
Narrative Update • May 30
CBQK: Stronger Earnings Outlook Will Support Future Multiple Expansion
Analysts have nudged their QAR price target for Commercial Bank (P.S.Q.C.) slightly higher, reflecting updated assumptions for revenue growth, profit margins and future P/E that together indicate a modestly stronger earnings outlook than in the prior model. Valuation Changes Fair Value: QAR 6.0 per share is unchanged in the updated model, indicating a stable central estimate of intrinsic value.
Narrative Update • May 14
CBQK: Higher Forward P/E Will Likely Restrain A Weaker Profit Outlook
Analysts have lifted their price target for Commercial Bank (P.S.Q.C.) to QAR3.54 from QAR3.40, citing updated assumptions around revenue growth, profit margins, and a higher forward P/E multiple. Valuation Changes Fair Value: Updated to QAR3.54 from QAR3.40, a small upward adjustment in the modelled valuation range.Narrative Update • Apr 29
CBQK: Higher Revenue Assumptions Will Support Future Multiple Expansion
Analysts have trimmed their price target on Commercial Bank (P.S.Q.C.) by QAR0.50, reflecting updated assumptions that combine higher revenue growth expectations with lower profit margin forecasts and a slightly higher forward P/E. Valuation Changes Fair Value: Reduced from QAR6.50 to QAR6.00, indicating a modest cut to the central valuation estimate.
Narrative Update • Apr 14
CBQK: Higher Margin Outlook And Lower P/E Are Expected To Support Upside
Analysts have slightly adjusted their QAR fair value estimate for Commercial Bank (P.S.Q.C.) to QAR 5.08, reflecting updated views on discount rates, revenue growth, profit margins, and future P/E assumptions. Valuation Changes Fair Value: QAR 5.08, trimmed slightly from QAR 5.12 as updated inputs are reflected in the model.Narrative Update • Mar 31
CBQK: Lower Discount Rate Will Support Higher Forward Multiple
Analysts now set their QAR price target for Commercial Bank (P.S.Q.C.) at QAR 6.50, compared with the prior fair value of QAR 5.88, citing updated assumptions for the discount rate, revenue growth, profit margin and future P/E. Valuation Changes Fair Value: revised from QAR 5.88 to QAR 6.50, representing a modest uplift in the estimated value per share.Narrative Update • Mar 17
CBQK: Lower Future P/E Will Likely Cap An Overextended Earnings Profile
Analysts have lowered their price target for Commercial Bank (P.S.Q.C.) to QAR 3.40 from QAR 3.58, reflecting updated assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E multiples. Valuation Changes Fair Value: QAR 3.58 has been revised to QAR 3.40, indicating a small reduction in the estimated valuation per share.Narrative Update • Mar 03
CBQK: Improved Pricing Assumptions And Forward P/E Will Support Further Upside
Analysts have lifted their price target for Commercial Bank (P.S.Q.C.) from QAR 4.83 to QAR 5.12, citing updated assumptions around fair value, discount rate, revenue growth, profit margin and forward P/E, which together point to a modestly higher valuation range. Valuation Changes Fair Value: QAR 4.83 to QAR 5.12, a small upward adjustment in the estimated equity value per share.Narrative Update • Feb 17
CBQK: Higher Forward P/E Will Likely Sustain An Overstretched Earnings Profile
Analysts have lifted their price target for Commercial Bank (P.S.Q.C.) to QAR 3.58 from QAR 3.50, citing updated assumptions around fair value, discount rate, revenue growth, profit margin and future P/E as the key drivers of the change. Valuation Changes Fair Value: Updated to QAR 3.58 from QAR 3.50, reflecting a small upward adjustment in the underlying model assumptions.Narrative Update • Feb 03
CBQK: Higher Forward P/E Will Likely Sustain An Overstretched Earnings Profile
Analysts have nudged their price target for Commercial Bank (P.S.Q.C.) higher from QAR 3.43 to about QAR 3.50, citing updated assumptions around the discount rate, revenue growth, profit margin, and forward P/E that slightly adjust the bank’s risk and earnings profile. Valuation Changes Fair Value: The analyst fair value estimate has edged higher from QAR 3.43 to QAR 3.50.Narrative Update • Jan 20
CBQK: Lower Discount Rate May Still Lead To Overstretched Earnings Multiple
Analysts have nudged their price target on Commercial Bank (P.S.Q.C.) slightly higher to reflect an updated fair value estimate of QAR 3.43 per share, supported by revised assumptions around the discount rate, revenue growth, profit margin and forward P/E. Valuation Changes Fair value estimate was revised slightly higher from QAR 3.42 to QAR 3.43 per share.Narrative Update • Jan 05
CBQK: Stable Margins And Revenue Assumptions Will Support Further Upside
Analysts have nudged their price target for Commercial Bank (P.S.Q.C.) slightly higher, reflecting updated assumptions around discount rates, revenue growth, profit margins and future P/E. These updates keep their fair value estimate broadly unchanged.Narrative Update • Dec 17
CBQK: Lower Risk Profile May Still Lead To Overstretched Earnings Multiple
Analysts have raised their price target on Commercial Bank (P.S.Q.C.) from QAR 3.36 to approximately QAR 3.42. This reflects increased confidence in higher revenue growth and a lower perceived risk profile, despite slightly softer long term profit margin assumptions and valuation multiples.Narrative Update • Dec 03
CBQK: Stable Profitability And Revenue Outlook Will Support Further Upside
Analysts have slightly reduced their price target for Commercial Bank (P.S.Q.C.) to QAR 4.83 from QAR 4.88, citing marginally lower fair value estimates. These are driven by a modestly lower future P/E assumption and largely unchanged views on growth, profitability, and risk.Narrative Update • Nov 19
CBQK: Solid Profit Margins and Revenue Stability Will Sustain Bullish Momentum
Analysts have maintained their price target for Commercial Bank (P.S.Q.C.) at QAR 4.88. They cite minimal changes in key valuation inputs and reaffirm their outlook based on steady growth expectations.Narrative Update • Nov 04
CBQK: Digital Expansion And Qatari Infrastructure Will Drive Long-Term Gains
Analysts have revised their price target for Commercial Bank (P.S.Q.C.) slightly downward from QAR 4.99 to QAR 4.88 because of adjustments to growth forecasts and profitability estimates. Valuation Changes The fair value estimate has decreased slightly from QAR 4.99 to QAR 4.88.Analysis Article • Jul 19
Here's What Analysts Are Forecasting For The Commercial Bank (P.S.Q.C.) (DSM:CBQK) After Its Second-Quarter Results
The quarterly results for The Commercial Bank (P.S.Q.C.) ( DSM:CBQK ) were released last week, making it a good time to...
New Narrative • Dec 13
Investments In Qatar And Automation Boost Prospects But Turkey Exposure And Credit Risks Weigh On Growth
Anticipated interest rate reductions and Qatar investment growth could enhance net interest income and drive loan growth, potentially increasing revenues.Analysis Article • Jun 27
Here's Why We Think Commercial Bank (P.S.Q.C.) (DSM:CBQK) Is Well Worth Watching
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...Analysis Article • Mar 13
Do Commercial Bank (P.S.Q.C.)'s (DSM:CBQK) Earnings Warrant Your Attention?
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...Analysis Article • Nov 28
Do Commercial Bank (P.S.Q.C.)'s (DSM:CBQK) Earnings Warrant Your Attention?
Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...Analysis Article • Feb 21
Key Things To Watch Out For If You Are After The Commercial Bank (P.S.Q.C.)'s (DSM:CBQK) 2.3% Dividend
Could The Commercial Bank (P.S.Q.C.) ( DSM:CBQK ) be an attractive dividend share to own for the long haul? Investors...Analysis Article • Dec 30
Commercial Bank (P.S.Q.C.) (DSM:CBQK) Shareholders Have Enjoyed A 52% Share Price Gain
One simple way to benefit from the stock market is to buy an index fund. But if you choose individual stocks with...Revenue & Expenses Breakdown
Revenue & Expenses Breakdown
How Commercial Bank (P.S.Q.C.) makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 26 | 3,854 | 1,770 | 1,058 | 0 |
| 31 Dec 25 | 3,852 | 1,921 | 1,035 | 0 |
| 30 Sep 25 | 3,964 | 2,193 | 1,021 | 0 |
| 30 Jun 25 | 4,101 | 2,439 | 1,029 | 0 |
| 31 Mar 25 | 4,235 | 2,598 | 1,001 | 0 |
| 31 Dec 24 | 4,345 | 2,748 | 886 | 0 |
| 30 Sep 24 | 4,345 | 2,791 | 915 | 0 |
| 30 Jun 24 | 4,555 | 2,945 | 835 | 0 |
| 31 Mar 24 | 4,696 | 2,951 | 850 | 0 |
| 31 Dec 23 | 4,614 | 2,727 | 1,053 | 0 |
| 30 Sep 23 | 4,387 | 2,603 | 885 | 0 |
| 30 Jun 23 | 4,219 | 2,447 | 953 | 0 |
| 31 Mar 23 | 4,041 | 2,427 | 894 | 0 |
| 31 Dec 22 | 4,146 | 2,527 | 861 | 0 |
| 30 Sep 22 | 3,831 | 2,069 | 1,057 | 0 |
| 30 Jun 22 | 3,863 | 2,104 | 1,106 | 0 |
| 31 Mar 22 | 3,895 | 2,075 | 1,216 | 0 |
| 31 Dec 21 | 3,717 | 2,040 | 1,196 | 0 |
| 30 Sep 21 | 3,350 | 2,015 | 1,157 | 0 |
| 30 Jun 21 | 2,984 | 1,504 | 1,075 | 0 |
| 31 Mar 21 | 2,895 | 1,279 | 996 | 0 |
| 31 Dec 20 | 2,662 | 1,078 | 808 | 0 |
| 30 Sep 20 | 3,532 | 1,456 | 882 | 0 |
| 30 Jun 20 | 3,558 | 1,734 | 874 | 0 |
| 31 Mar 20 | 3,314 | 1,744 | 861 | 0 |
| 31 Dec 19 | 3,275 | 1,781 | 973 | 0 |
| 30 Sep 19 | 2,868 | 1,653 | 852 | 0 |
| 30 Jun 19 | 2,694 | 1,527 | 837 | 0 |
| 31 Mar 19 | 2,669 | 1,469 | 844 | 0 |
| 31 Dec 18 | 2,673 | 1,434 | 844 | 0 |
| 30 Sep 18 | 2,653 | 1,364 | 849 | 0 |
| 30 Jun 18 | 2,402 | 1,039 | 875 | 0 |
| 31 Mar 18 | 2,069 | 677 | 875 | 0 |
| 31 Dec 17 | 1,786 | 364 | 898 | 0 |
| 30 Sep 17 | 1,855 | 40 | 978 | 0 |
| 30 Jun 17 | 1,843 | -40 | 1,002 | 0 |
| 31 Mar 17 | 1,989 | 84 | 1,039 | 0 |
| 31 Dec 16 | 2,233 | 281 | 1,068 | 0 |
| 30 Sep 16 | 2,107 | 570 | 1,091 | 0 |
| 30 Jun 16 | 2,536 | 817 | 1,104 | 0 |
| 31 Mar 16 | 2,920 | 1,147 | 1,106 | 0 |
| 31 Dec 15 | 3,051 | 1,281 | 1,093 | 0 |
| 30 Sep 15 | 3,205 | 1,461 | 1,079 | 0 |
| 30 Jun 15 | 3,218 | 1,701 | 1,075 | 0 |
Quality Earnings: CBQK has high quality earnings.
Growing Profit Margin: CBQK's current net profit margins (45.9%) are lower than last year (61.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CBQK's earnings have grown by 5.6% per year over the past 5 years.
Accelerating Growth: CBQK's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CBQK had negative earnings growth (-31.9%) over the past year, making it difficult to compare to the Banks industry average (4.1%).
Return on Equity
High ROE: CBQK's Return on Equity (7.9%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/12 18:27 |
| End of Day Share Price | 2026/06/11 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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
The Commercial Bank (P.S.Q.C.) is covered by 19 analysts. 7 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 |
|---|---|
| Janany Vamadeva | Arqaam Capital Research Offshore S.A.L. |
| Jaap Meijer | Arqaam Capital Research Offshore S.A.L. |
| Nancy Fahmy | Beltone Financial |