Qatar National Bank (Q.P.S.C.) Third Quarter 2022 Earnings: EPS: ر.ق0.40 (vs ر.ق0.35 in 3Q 2021)

Qatar National Bank (Q.P.S.C.) (DSM:QNBK) Third Quarter 2022 Results

Key Financial Results

• Revenue: ر.ق6.92b (up 28% from 3Q 2021).
• Net income: ر.ق3.68b (up 14% from 3Q 2021).
• Profit margin: 53% (down from 60% in 3Q 2021).
  • The decrease in margin was driven by higher expenses.
• EPS: ر.ق0.40 (up from ر.ق0.35 in 3Q 2021).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Qatar National Bank (Q.P.S.C.) Earnings Insights

Looking ahead, revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Banks industry in Qatar.

Performance of the Qatari Banks industry.

The company's shares are down 4.4% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 1 warning sign for Qatar National Bank (Q.P.S.C.) that you should be aware of.

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