Doha Bank Q.P.S.C.

DSM:DHBK Stock Report

Market Cap: ر.ق8.9b

Doha Bank Q.P.S.C Future Growth

Future criteria checks 1/6

Doha Bank Q.P.S.C is forecast to grow earnings and revenue by 1.8% and 10.2% per annum respectively. EPS is expected to grow by 6.1% per annum. Return on equity is forecast to be 6.7% in 3 years.

Key information

1.8%

Earnings growth rate

6.13%

EPS growth rate

Banks earnings growth9.4%
Revenue growth rate10.2%
Future return on equity6.67%
Analyst coverage

Low

Last updated07 Jul 2026

Recent future growth updates

Recent updates

Narrative Update • Jun 09

DHBK: Future Returns Will Reflect India Exit, Bylaw Changes And Earnings Resilience

Analysts have trimmed their price target for Doha Bank Q.P.S.C. from QAR 2.95 to QAR 2.85, citing updated assumptions around fair value, revenue growth, profit margins and a slightly higher future P/E multiple. What's in the News An Extraordinary General Meeting held on April 2, 2026 approved amendments to multiple articles of association (articles 1, 3, 13, 23, 24, 25, 26, 28, 31, 48, 69), indicating updated corporate bylaws.
Narrative Update • May 02

DHBK: Future Returns Will Reflect India Exit, Dividend Proposal And Earnings Resilience

Analysts have reduced their QAR fair value estimate for Doha Bank Q.P.S.C. from QAR3.03 to QAR2.95. This change reflects slightly softer assumptions for revenue growth and profit margins, along with a higher future P/E multiple in their models.
New Narrative • Apr 27

Digital Transformation And Asset Quality Pressures Will Shape A Cautious Outlook

Catalysts About Doha Bank Q.P.S.C Doha Bank Q.P.S.C is a Qatar based bank that provides corporate, retail, private banking and investment services in its home market and selected international locations. What are the underlying business or industry changes driving this perspective?
Narrative Update • Apr 18

DHBK: Future Returns Will Reflect India Exit, Dividend Plan And Earnings Power

Analysts have updated their price target for Doha Bank Q.P.S.C. to QAR 3.03, keeping it aligned with prior fair value estimates while fine tuning inputs such as discount rate, revenue growth, profit margin and future P/E to reflect a slightly different balance of risk and earnings power. What's in the News An extraordinary general meeting on April 2, 2026 approved amendments to multiple articles of association, including articles 1, 3, 13, 23, 24, 25, 26, 28, 31, 48, and 69 (Key Developments).
Narrative Update • Apr 02

DHBK: Future Returns Will Balance India Exit Plans With Dividend And Margin Expectations

Analysts have kept their QAR price target for Doha Bank Q.P.S.C. broadly steady at QAR 3.03, with only marginal adjustments to inputs such as discount rate, revenue growth, profit margin, and future P/E to reflect slightly refined assumptions rather than a change in overall view. What's in the News Board meeting on March 25, 2026 to consider shifting Doha Bank Q.P.S.C.'s India presence from full branches to a representative office and to proceed with a gradual exit from branch operations in India, subject to regulatory approvals (Key Developments).
Narrative Update • Mar 19

DHBK: Future Returns Will Balance Cash Dividend Prospects With Margin And P/E Adjustments

Analysts have kept their QAR fair value estimate for Doha Bank Q.P.S.C. broadly unchanged around QAR 3.03, with only minor adjustments to assumptions such as discount rate, revenue growth, profit margin and future P/E feeding into the latest price target update. What's in the News An ordinary general meeting is scheduled for April 2, 2026, to consider a recommended cash dividend of QAR 0.15 per share for shareholders (Key Developments).
Narrative Update • Mar 05

DHBK: Future Returns Will Balance Cash Dividend Prospects With Margin And P/E Adjustments

Analysts have trimmed their QAR fair value estimate for Doha Bank Q.P.S.C. from QAR3.10 to QAR3.03, reflecting slightly lower modeled revenue growth and a marginally reduced future P/E multiple, partly offset by a small uplift in projected profit margins. What's in the News A board meeting is scheduled for January 19, 2026, with an agenda that includes recommending a cash dividend of QAR 0.15 per share for shareholders to consider (Key Developments).
Narrative Update • Feb 18

DHBK: Future Returns Will Balance Dividend Prospects With Stable Margin Outlook

Analysts have kept their price target on Doha Bank Q.P.S.C. broadly unchanged at around QAR 3.10, reflecting only very small adjustments to inputs such as the discount rate, revenue growth assumptions, profit margin and the expected future P/E multiple. What's in the News A board meeting is scheduled for January 19, 2026, for Doha Bank Q.P.S.C. to consider recommending a cash dividend distribution.
Narrative Update • Feb 02

DHBK: Future Returns Will Balance Modest Upside With Dividend And Margin Uncertainty

Analysts have slightly raised their fair value estimate for Doha Bank Q.P.S.C. to what they view as an updated price target of QAR 3.10 per share, up from QAR 3.07, reflecting refreshed assumptions on discount rate, revenue growth, profit margin and future P/E levels. What's in the News A board meeting is scheduled for January 19, 2026, to consider a recommendation for cash dividends of QAR 0.15 per share.
Narrative Update • Jan 19

DHBK: Future Returns Will Reflect Slightly Higher Multiple And Stable Profitability

Analysts have lifted their price target for Doha Bank Q.P.S.C. from QAR 2.97 to QAR 3.07, reflecting updated assumptions for fair value, discount rate, revenue growth, profit margin and future P/E, which together point to a slightly higher assessment of the shares. Valuation Changes The fair value estimate has been adjusted from QAR 2.97 to QAR 3.07, indicating a slightly higher assessed value per share.
Narrative Update • Jan 05

DHBK: Future Returns Will Reflect Stable Margins And Fine Tuned Risk Assumptions

Analysts have kept their fair value estimate for Doha Bank Q.P.S.C. unchanged, with only small adjustments to inputs such as the discount rate and forward P/E. This reflects fine tuning of their assumptions rather than a shift in their overall view.
Narrative Update • Dec 17

DHBK: Future Performance Will Reflect Stable Margins And Slightly Adjusted Risk Expectations

Analysts have nudged their price target for Doha Bank Q.P.S.C. slightly higher to QAR 2.97, reflecting modest tweaks to the discount rate and long term valuation assumptions while leaving growth and margin expectations largely unchanged. Valuation Changes Fair Value Estimate maintained at approximately QAR 2.97 per share, with no material change in the intrinsic value calculation.
Analysis Article • Dec 12

Here's Why We Think Doha Bank Q.P.S.C (DSM:DHBK) Might Deserve Your Attention Today

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Narrative Update • Dec 03

DHBK: Future Performance Will Reflect Stable Earnings Expectations And Measured Risk Profile

Narrative Update: Doha Bank Q.P.S.C. Analyst Price Target Analysts have maintained their fair value estimate for Doha Bank Q.P.S.C. at QAR 2.97, with only marginal refinements to inputs such as the discount rate, future price to earnings multiple, and long term profitability assumptions, reflecting steady expectations rather than a material change in outlook. Valuation Changes Fair Value Estimate: Unchanged at QAR 2.97, indicating no revision to the analyst central valuation.
Narrative Update • Nov 19

DHBK: Future Performance Will Reflect Steady Fundamentals And Balanced Market Position

Analysts have maintained their price target for Doha Bank Q.P.S.C. at QAR 2.97, citing stable revenue growth, profit margins, and valuation forecasts in their latest assessment. Valuation Changes Fair Value: Unchanged at QAR 2.97.
Narrative Update • Nov 04

DHBK: Lower Discount Rate Will Drive Stronger Long-Term Performance

Analysts have increased their price target for Doha Bank Q.P.S.C. from QAR 2.87 to QAR 2.97, citing improved revenue growth expectations and a lowered discount rate. Together, these factors enhance the company's fair value outlook.
Analysis Article • Aug 25

Do Doha Bank Q.P.S.C's (DSM:DHBK) Earnings Warrant Your Attention?

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
User avatar
New Narrative • Mar 10

Implementation Of Super Application By 2025 Will Broaden Revenue Streams

The Himma Transformation program and digital initiatives are enhancing efficiency and engagement, boosting future revenue and digital transformation.
Analysis Article • Sep 12

Is Now The Time To Put Doha Bank Q.P.S.C (DSM:DHBK) On Your Watchlist?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article • Feb 12

Should You Be Adding Doha Bank Q.P.S.C (DSM:DHBK) To Your Watchlist Today?

It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
Analysis Article • Jan 12

What Would Shareholders Who Purchased Doha Bank Q.P.S.C's(DSM:DHBK) Stock Five Years Ago Be Earning on Their Investment Today?

For many, the main point of investing is to generate higher returns than the overall market. But in any portfolio...

Earnings and Revenue Growth Forecasts

DSM:DHBK - Analysts future estimates and past financials data (QAR Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20283,019895N/AN/A4
12/31/20272,890870N/AN/A5
12/31/20262,778723N/AN/A5
3/31/20262,007902-14,676-14,643N/A
12/31/20251,989920-11,529-11,498N/A
9/30/20251,971906-3,658-3,637N/A
6/30/20251,94588610,40510,426N/A
3/31/20251,9138727,7017,724N/A
12/31/20241,8688511,5111,535N/A
9/30/20241,9978331,2121,253N/A
6/30/20241,968810177216N/A
3/31/20241,989792-160-119N/A
12/31/20231,9567694,7264,767N/A
9/30/20231,4804597,5707,588N/A
6/30/20231,47649210,60210,621N/A
3/31/20231,5215735,2935,307N/A
12/31/20221,707765985997N/A
9/30/20221,6877458,7248,728N/A
6/30/20221,6947545,8065,837N/A
3/31/20221,6567258,7168,748N/A
12/31/20211,6217042,6452,677N/A
9/30/20211,678620-10,897-10,826N/A
6/30/20211,674614-12,047-12,002N/A
3/31/20211,617556-11,125-11,089N/A
12/31/20201,572500215264N/A
9/30/20201,6204874,3404,360N/A
6/30/20201,6625162,7572,789N/A
3/31/20201,7115511,9431,837N/A
12/31/20191,660534N/A-1,258N/A
9/30/20191,774691N/A1,521N/A
6/30/20191,744658N/A2,098N/A
3/31/20191,637536N/A7,925N/A
12/31/20181,770610N/A8,400N/A
9/30/20181,804579N/A1,651N/A
6/30/20181,888645N/A7,010N/A
3/31/20182,165907N/A-1,886N/A
12/31/20172,153890N/A968N/A
9/30/20172,148863N/A3,557N/A
6/30/20172,130841N/A-469N/A
3/31/20172,146844N/A2,482N/A
12/31/20162,121834N/A1,189N/A
9/30/20162,2961,060N/A572N/A
6/30/20162,3061,090N/A-1,518N/A
3/31/20162,3141,117N/A-5,371N/A
12/31/20152,3881,184N/A-9,781N/A
9/30/20152,3931,246N/A-9,178N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: DHBK's forecast earnings growth (1.8% per year) is below the savings rate (15.1%).

Earnings vs Market: DHBK's earnings (1.8% per year) are forecast to grow slower than the QA market (8.5% per year).

High Growth Earnings: DHBK's earnings are forecast to grow, but not significantly.

Revenue vs Market: DHBK's revenue (10.2% per year) is forecast to grow faster than the QA market (5.2% per year).

High Growth Revenue: DHBK's revenue (10.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: DHBK's Return on Equity is forecast to be low in 3 years time (6.7%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/16 00:33
End of Day Share Price 2026/07/12 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

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

Doha Bank Q.P.S.C. is covered by 17 analysts. 5 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
Munir ShahinBofA Global Research