for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

Arab Bank PLC

ARBK.AM

Latest Trade

4.04JOD

Change

0.02(+0.50%)

Volume

40,284

Today's Range

4.03

 - 

4.04

52 Week Range

3.80

 - 

5.98

As of on the Amman Financial Market ∙ Minimum 15 minute delay

Pricing

Previous Close
4.02
Open
4.03
Volume
40,284
3M AVG Volume
1.01
Today's High
4.04
Today's Low
4.03
52 Week High
5.98
52 Week Low
3.80
Shares Out (MIL)
640.80
Market Cap (MIL)
2,576.02
Forward P/E
11.97
Dividend (Yield %)
--

Next Event

Q4 2020 Arab Bank PLC Earnings Release

Latest Developments

More

Jordan's Arab Bank Reports 9-Months Profit Of $215.2 Mln

Jordan's Arab Bank FY Profit Rises

Al Izz Islamic Bank Board Approves Merger With Oman Arab Bank

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

About Arab Bank PLC

Arab Bank PLC is a Jordan-based bank, which is engaged in the provision of banking services. The Bank’s activities are divided into three segments: Corporate and institutional banking provides banking services and finances to the corporate sector, private projects, foreign trading, small and medium sized projects, and banks and financial institutions; Treasury segment provides a range of products and services that cover foreign exchange and derivatives, money markets, certificates of deposits, interest rate swaps, stocks and other various derivatives; Consumer Banking offers such products and services as accounts, loans, cards and remittance services to individuals and Elite customers. It offers Sharia-compliant services through its subsidiary Islamic International Arab Bank plc. The Bank operates through network with over 600 branches spanning five continents.

Industry

Regional Banks

Contact Info

Arab Bank Building

Shaker Ebn Zeid St., 950545 Shmeisani

P.O.Box

11195

Jordan

+962.6.5660140

http://www.arabbank.jo/

Executive Leadership

Sabih Taher Darwish Masri

Non-Executive Non-Independent Chairman of the Board

Nemeh Sabbagh

Chief Executive Officer

Randa Muhammad Sadik

Deputy Chief Executive Officer

Bassem Ibrahim Yousef Awadallah

Non-Executive Independent Deputy Chairman of the Board

Ghassan Hanna Suleiman Tarazi

Executive Vice President - Chief Financial Officer

Key Stats

2.00 mean rating - 3 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2017

2.0K

2018

2.1K

2019

2.2K

2020(E)

1.7K
EPS (USD)

2017

0.810

2018

1.280

2019

1.320

2020(E)

0.535
Price To Earnings (TTM)
9.39
Price To Sales (TTM)
1.76
Price To Book (MRQ)
0.39
Price To Cash Flow (TTM)
8.00
Total Debt To Equity (MRQ)
8.33
LT Debt To Equity (MRQ)
6.86
Return on Investment (TTM)
--
Return on Equity (TTM)
0.78

Latest News

Latest News

UPDATE 2-Jordan's Arab Bank group H1 net profits drop 66%

Jordan's largest lender, Arab Bank Group, reported on Saturday a 66% year-on-year drop in first-half net profit to $152.1 million as it set aside more money to cope with the economic fallout of the COVID-19 pandemic.

Jordan's Arab Bank group H1 net profits drop 66% to $152.1 mln

Jordan's largest lender, Arab Bank Group, reported a 66% year-on-year drop in first-half net profit to $152.1 million, saying its revenues were hit by the impact of the COVID-19 pandemic on the regional and global economies.

UPDATE 2-Arab Bank Q1 profit drops 36% on coronavirus provisions

Arab Bank Group, Jordan's largest lender, said on Wednesday its first-quarter profit dropped 36% as it increased provisions to cope with disruptions from the coronavirus pandemic, but loans and customer deposits continued to grow.

Arab Bank group Q1 net profit drops 36% to $147.6 mln - statement

Arab Bank Group, Jordan's largest lender, said on Wednesday its first-quarter net profit dropped 36 % to $147.6 million, compared to $231.8 million a year earlier, but loans and customer deposits continued to grow.

UPDATE 1-Jordan's Arab Bank Group 9-month net profit rises 4%

Jordan's largest lender, Arab Bank Group, said on Monday its January-September net profit rose 4% to $668.9 million, driven by growth in core banking income.

Jordan's Arab Bank Group 9-month net profit rises 4% - statement

Jordan's largest lender, Arab Bank Group, said on Monday its January-September net profit rose 4% to $668.9 million driven by growth in core banking income.

UPDATE 1-Jordan's Arab Bank group says H1 net profit rises 4% to $453 mln

Jordan's largest lender, Arab Bank Group, reported a 4% rise in first-half net profit to $453 million, from $436 million a year earlier driven by growth in core banking income.

Jordan's Arab Bank group says H1 net profit rises 4% to $453 mln

Jordan's largest lender, Arab Bank Group, reported a 4% rise in first-half net profit to $453 million, from $436 million a year earlier.

UPDATE 1-Jordan's Arab Bank group first quarter profit rises 5.2 pct - statement

Arab Bank Group, Jordan's largest lender, said on Sunday its first-quarter net profit rose to $231.8 million, up 5.2 percent from $220.3 million a year earlier, with loans and customer deposits continuing to grow.

Jordan's Arab Bank group Q1 net profit rises 5.2 pct to $231.8 mln - statement

Arab Bank Group, Jordan's largest lender, said on Sunday its first-quarter net profit rose 5.2 pct to $231.8 million, up from $220.3 million a year earlier, with loans and customer deposits continuing to grow.

UPDATE 2-Jordan's Arab Bank 2018 profit jumps 54 pct after legal win

Jordan's largest lender, Arab Bank Group, said its 2018 net profit jumped 54 percent to $820.5 million after it transferred in $325 million in surplus provisions it had set aside during a major legal case that it eventually won last year.

Jordan's Arab Bank 2018 net profit jumps 54 pct to $820.5 mln

Jordan's largest lender, Arab Bank Group, said 2018 net profit jumped 54 percent to $820.5 million after transferring $325 million in surplus provisions it had put aside after the bank settled a major legal case.

UPDATE 1-Jordan's Arab Bank Group 9-month net profit rises 7 percent - statement

Jordan's largest lender, Arab Bank Group, said on Saturday its January-September net profit rose 7 percent to $643 million driven by a rise in core banking income.

-Jordan's Arab Bank Group 9-month net profit rises 7 percent - statement

Jordan's largest lender, Arab Bank Group, said on Saturday its January-September net profit rose 7 percent to $643 million driven by a rise in core banking income.

UPDATE 1-Jordan's Arab Bank group says H1 net profit rise 5 pct to $436 mln

Jordan's largest lender, Arab Bank Group, reported a five percent rise in first-half net profit to $436 million from $415 million a year earlier driven by steady growth in core banking services.

Jordan's Arab Bank group says H1 net profit rise 5 pct to $436 mln

Jordan's largest lender, Arab Bank Group, reported a five percent rise in first-half net profit to $436 million from $415 million a year earlier.

U.S. Supreme Court rules for Arab Bank over human rights claims

The U.S. Supreme Court on Tuesday ruled that foreign corporations cannot be sued in American courts for human rights abuses overseas, refusing to revive a lawsuit claiming Jordan-based Arab Bank Plc helped finance militant attacks in Israel and the Palestinian territories.

Arab Bank terrorism case ends as U.S. court voids jury verdict

A U.S. appeals court has thrown out a 2014 jury verdict finding Arab Bank Plc liable for knowingly supporting militant attacks in Israel linked to Hamas, a decision that triggers a settlement agreement with hundreds of plaintiffs.

U.S. appeals court voids Arab Bank verdict

A U.S. appeals court on Friday threw out a Sept. 2014 jury verdict finding Arab Bank Plc liable for facilitating militant attacks linked to Hamas by handling its transactions, citing an error in the jury instructions.

BRIEF-Arab Bank verdict thrown out, triggering settlement

2Nd u.s. Circuit court of appeals ruled in lawsuit accusing arab bank of facilitating attacks linked to hamas by handling financial transactions Appeals court says parties agreed to forgo retrial if verdict were thrown out, and instead a specified sum of money will be paid...

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up