First Abu Dhabi Bank PJSC Q3 2022 Earnings: EPS: 0.25 د.إ (vs د.إ0.34 3Q 2021) | Job Binary

First Q3 2022 results for Abu Dhabi Bank PJSC (ADX:FAB).

Main financial results

  • Revenue: 4.80 billion د.إ (down 14% from Q3 2021).
  • Net income: د.إ2.79 billion (down 26% from Q3 2021).
  • Profit margin: 58% (down from 67% in Q3 2021).
    • The decrease in margin was primarily due to the decrease in turnover.
  • Earnings per share: د.إ 0.25 (decrease د.إ 0.34 in Q3 2021).
revenue and income growth
ADX:FAB result and revenue growth on 29 October 2022

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

First earnings data for Abu Dhabi Bank PJSC

Going forward, revenue is projected to grow at an average of 9.6% per annum over the next 3 years, compared to 9.1% growth for UAE banks.

Performance Industry of Emirate banks.

The company’s share is 3.4% lower than a week ago.

Balance sheet analysis

While income is important, another area to consider is the balance sheet. We have a graphical presentation of First Abu Dhabi Bank PJSC’s balance sheet and an in-depth analysis of the company’s financial position.

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