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.

Assessment is complicated, but we help make it simple.

Find out if First Abu Dhabi Bank PJSC is potentially overrated or underrated by checking out our comprehensive analysis that includes fair value estimates, risks and warnings, dividends, insider transactions and financial situation.

See a free analysis

This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts using only an unbiased methodology, and our articles are not intended as financial advice. It is not a recommendation to buy or sell any stock and does not take into account your goals or financial situation. We strive to bring you long-term focused analysis based on fundamentals. Please note that our analysis may not take into account the latest price-sensitive company announcements or quality material. Simply Wall St has no position in any of the listed stocks.



Source link