Board Change • Oct 10
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. 2 independent directors (10 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Jul 01
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. 2 independent directors (10 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Apr 25
Arab Tunisian Bank, Annual General Meeting, Apr 28, 2025 Arab Tunisian Bank, Annual General Meeting, Apr 28, 2025, at 11:00 W. Central Africa Standard Time. Location: hotel the residence gammarth, tunis Tunisia Price Target Changed • Jan 03
Price target decreased by 13% to د.ت2.96 Down from د.ت3.41, the current price target is provided by 1 analyst. New target price is 6.5% above last closing price of د.ت2.78. Stock is up 3.3% over the past year. The company posted a net loss per share of د.ت0.0012 last year. Board Change • Jan 03
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. 2 independent directors (10 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. New Risk • Nov 12
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. This is currently the only risk that has been identified for the company. New Risk • Oct 01
New major risk - Revenue and earnings growth Earnings have declined by 8.5% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 8.5% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (3.7% average weekly change). New Risk • Sep 12
New major risk - Revenue and earnings growth Earnings have declined by 8.5% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. New Risk • Jun 07
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Tunisian stocks, typically moving 4.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company. Reported Earnings • Apr 28
Full year 2023 earnings released: د.ت0.001 loss per share (vs د.ت0.23 profit in FY 2022) Full year 2023 results: د.ت0.001 loss per share (down from د.ت0.23 profit in FY 2022). Revenue: د.ت269.4m (down 3.1% from FY 2022). Net loss: د.ت158.0k (down 100% from profit in FY 2022). Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 7.8% growth forecast for the Banks industry in Tunisia. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. New Risk • Apr 28
New major risk - Revenue and earnings growth Earnings have declined by 8.5% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 8.5% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (4.0% average weekly change). New Risk • Apr 14
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended December 2022. This is considered a major risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. This is currently the only risk that has been identified for the company. New Risk • Oct 31
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 25% per year over the past 5 years. Minor Risk Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Price Target Changed • Sep 07
Price target increased by 13% to د.ت3.81 Up from د.ت3.37, the current price target is provided by 1 analyst. New target price is 12% above last closing price of د.ت3.40. Stock is up 11% over the past year. The company is forecast to post earnings per share of د.ت0.35 for next year compared to د.ت0.23 last year. Reported Earnings • Apr 17
Full year 2022 earnings released: EPS: د.ت0.23 (vs د.ت0.61 loss in FY 2021) Full year 2022 results: EPS: د.ت0.23 (up from د.ت0.61 loss in FY 2021). Revenue: د.ت277.3m (up 52% from FY 2021). Net income: د.ت29.6m (up د.ت91.0m from FY 2021). Profit margin: 11% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 8% per year. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. 2 independent directors (10 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. 2 independent directors (10 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Apr 12
Full year 2021 earnings: Revenues miss analyst expectations Full year 2021 results: Revenue: د.ت182.3m (down 18% from FY 2020). Net loss: د.ت61.4m (down د.ت73.9m from profit in FY 2020). Revenue missed analyst estimates by 4.8%. Over the next year, revenue is forecast to grow 94%, compared to a 32% growth forecast for the banks industry in Tunisia. Major Estimate Revision • Dec 29
Consensus forecasts updated The consensus outlook for 2021 has been updated. 2021 EPS estimate fell from د.ت0.21 to د.ت0.16. Revenue forecast unchanged from د.ت313.0m at last update. Net income forecast to grow 69% next year vs 6.9% growth forecast for Banks industry in Tunisia. Consensus price target down from د.ت2.94 to د.ت2.78. Share price was steady at د.ت2.29 over the past week. Price Target Changed • Jul 28
Price target increased to د.ت2.93 Up from د.ت2.18, the current price target is provided by 1 analyst. New target price is 8.9% above last closing price of د.ت2.69. Stock is down 20% over the past year. Is New 90 Day High Low • Feb 12
New 90-day low: د.ت2.80 The company is down 5.0% from its price of د.ت2.96 on 13 November 2020. The Tunisian market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Banks industry, which is down 2.0% over the same period. Is New 90 Day High Low • Jan 18
New 90-day low: د.ت2.83 The company is down 5.0% from its price of د.ت2.97 on 20 October 2020. The Tunisian market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Banks industry, which is down 3.0% over the same period. Is New 90 Day High Low • Dec 15
New 90-day low: د.ت2.85 The company is down 8.0% from its price of د.ت3.10 on 16 September 2020. The Tunisian market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Banks industry, which is down 2.0% over the same period. Is New 90 Day High Low • Nov 05
New 90-day low: د.ت2.92 The company is down 13% from its price of د.ت3.36 on 07 August 2020. The Tunisian market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Banks industry, which is down 5.0% over the same period. Price Target Changed • Oct 19
Price target lowered to د.ت2.18 Down from د.ت3.50, the current price target is provided by 1 analyst. The new target price is 25% below the current share price of د.ت2.92. As of last close, the stock is down 33% over the past year. Is New 90 Day High Low • Oct 15
New 90-day low: د.ت2.99 The company is down 12% from its price of د.ت3.40 on 17 July 2020. The Tunisian market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Banks industry, which is down 5.0% over the same period.