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First Abu Dhabi Bank PJSC

FAB.AD

Latest Trade

14.70AED

Change

-0.14(-0.94%)

Volume

36,916,460

Today's Range

14.70

 - 

14.98

52 Week Range

7.78

 - 

15.10

As of on the Abu Dhabi Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
14.84
Open
14.90
Volume
36,916,460
3M AVG Volume
201.22
Today's High
14.98
Today's Low
14.70
52 Week High
15.10
52 Week Low
7.78
Shares Out (MIL)
10,911.02
Market Cap (MIL)
162,052.80
Forward P/E
15.84
Dividend (Yield %)
4.99

Next Event

First Abu Dhabi Bank PJSC Annual Shareholders Meeting

Latest Developments

More

FAB Partners With Mastercard To Enhance Commercial Payments For Uae Businesses

First Abu Dhabi Bank Appoints Clarence Singam-Zhou As Head Of International Banking

First Abu Dhabi Bank Prices First Green Bond Deal From A MENA Issuer In Swiss Francs (CHF)

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About First Abu Dhabi Bank PJSC

First Abu Dhabi Bank PJSC, formerly National Bank of Abu Dhabi PJSC, is a United Arab Emirates-based public joint stock company that is engaged in the banking sector. It is structured, along with its subsidiaries, into the following business segments: Domestic Banking, comprised of the following divisions, namely consumer banking, business banking group and elite banking; International Banking, which manages the overseas banking network and credit derivative book; Financial Markets segment, which operates through liquidity management and interest rate group, trading and investment group, institutional coverage and primary market, corporate coverage and e-commerce group; Corporate and Investment Banking segment, which provides corporate and investment clients with advice and solutions; Global Wealth segment, comprised of private banking, asset management group, custody and business development, among others, and the Islamic Business segment, which offers Islamic banking solutions.

Industry

Regional Banks

Contact Info

P.O. Box 6316

United Arab Emirates

+971.2.3053012

https://www.bankfab.com/

Executive Leadership

Tahnoon B.Z Bin Zayed Al Nahyan

Non-Executive Chairman of the Board

Abdulhamid M. Saeed

Group Chief Executive Officer

Andre Sayegh

Deputy Group CEO & Group Head of Corporate and Investment Banking

Nasser Ahmed Ahmed Alsowaidi

Non-Executive Vice Chairman of the Board

James Burdett

Group Chief Financial Officer

Key Stats

2.70 mean rating - 10 analysts
Sell
Hold
Buy
Revenue (MM, AED)

2018

19.4K

2019

20.2K

2020

18.6K

2021(E)

18.9K
EPS (AED)

2018

1.060

2019

1.100

2020

0.930

2021(E)

0.937
Price To Earnings (TTM)
15.98
Price To Sales (TTM)
7.95
Price To Book (MRQ)
1.49
Price To Cash Flow (TTM)
14.31
Total Debt To Equity (MRQ)
138.11
LT Debt To Equity (MRQ)
57.89
Return on Investment (TTM)
--
Return on Equity (TTM)
1.21

Latest News

Latest News

Abu Dhabi's ADQ lines up banks for $1 billion Louis Dreyfus acquisition loan - sources

Abu Dhabi's state-owned ADQ has lined up a small group of banks for a loan of about $1 billion to back its acquisition of a 45% stake in commodities trader Louis Dreyfus Co (LDC), three sources familiar with the matter said.

ADNOC natgas pipeline investors Galaxy raise nearly $4 billion via bonds

Galaxy Pipeline Assets BidCo, owned by a consortium of investors that took a stake in Abu Dhabi National Oil Company's (ADNOC) natural gas pipeline assets, launched $3.92 billion in a dual-tranche amortising bond offering on Tuesday, a document showed.

Oil lifts Saudi shares; other Gulf indexes fall

Saudi Arabian shares surged on Monday as crude prices rose to their highest in just over a year, while the markets in the United Arab Emirates finished lower after a spike in coronavirus cases in recent weeks soured sentiment.

MIDEAST STOCKS-Dubai leads major Gulf markets higher

Major stock markets in the Gulf rose in early trade on Monday, with indexes in the United Arab Emirates leading the gains on the back of their financial and property shares.

UAE markets strengthen, Saudi Arabia edges down

Markets in the United Arab Emirates (UAE) finished higher on Wednesday, with Abu Dhabi index leading the advancements, buoyed by gains in the country's largest lender First Abu Dhabi Bank.

UPDATE 1-UAE's biggest bank FAB posts 16% drop in 2020 net profit

First Abu Dhabi Bank, UAE's biggest lender, on Tuesday posted a 16% drop in 2020 net profit on higher impairment charges as the economy suffered from the coronavirus pandemic.

Oman Electricity Transmission Co hires banks for dollar bonds, document shows

Oman Electricity Transmission Company has hired banks to arrange a U.S.-dollar denominated issuance of seven-year or 10-year bonds, a document showed on Monday.

UAE's FAB to buy Egyptian business of Lebanon's Bank Audi

First Abu Dhabi Bank has agreed to buy the Egyptian business of Lebanon's Bank Audi in a deal which will make the largest lender in the United Arab Emirates also one of the biggest foreign banks in Egypt.

Mideast Stocks: Most major markets end higher on oil price gains

Most major Gulf stock markets finished higher on Wednesday as oil prices jumped after industry data showed a bigger-than-expected drop in U.S. crude inventories, before rising global COVID-19 infections capped the crude price gains.

UAE's SHUAA Capital buys out Stanford Marine's debt as part of restructuring

A consortium led by United Arab Emirates financial firm SHUAA Capital has bought 1.13 billion dirhams ($308 million) of debt held by Stanford Marine Group (SMG) as part of its restructuring, the companies said on Sunday.

MIDEAST STOCKS-Qatari stocks rise as Gulf tensions ease, Dubai extends gain

Qatar's stock market rose sharply in early Tuesday trade, buoyed by an easing in the Gulf's more than three-year diplomatic rift, while Dubai climbed for a third session amid growth in the United Arab Emirates' non-oil private sectors.

Qatar starts legal proceedings against FAB in New York in market manipulation row

The Qatar Financial Centre Regulatory Authority (QFCRA) said on Tuesday it has started legal proceedings in New York to compel First Abu Dhabi Bank to pay $55 million in financial penalty imposed by a Qatari court.

UPDATE 1-Oman reopens dual-tranche bond sale, raises $500 million

Oman raised $500 million on Monday through a reopening of two bonds issued last month, drawing orders of more than $3 billion for the additional tranches, a document showed.

Kuwait International Bank sells $300 million sukuk - document

Kuwait International Bank sold $300 million Tier 2 sukuk, or Islamic bonds, on Tuesday at 2.375% and received more than $2.4 billion in orders for the Islamic bonds, a document showed.

Saudi Aramco gets $8 billion with jumbo five-part bond deal

Saudi Aramco <2222.SE> was set to raise $8 billion from a five-part bond deal on Tuesday as the world's largest oil producer seeks cash after low oil prices dented its finances.

Saudi Aramco plans debt market comeback with multi-tranche bond deal

Saudi Aramco said on Monday it had hired banks for a multi-tranche U.S. dollar-denominated bond issuance, as the world's largest oil company seeks cash amid lower oil prices.

Dubai Aerospace Enterprise hires banks for dollar sukuk - document

Dubai Aerospace Enterprise (DAE), one of the world's biggest aircraft leasing companies, has hired banks to arrange investor calls ahead of a planned issuance of U.S. dollar-denominated sukuk, or Islamic bonds, a document showed on Monday.

Dubai Islamic Bank sells $1 billion in perpetual sukuk

Dubai Islamic Bank <DISB.DU>, the United Arab Emirates' largest Islamic lender, on Thursday sold $1 billion in Additional Tier 1 sukuk, or Islamic bonds, at 4.625%, a document from one of the banks arranging the deal showed.

MIDEAST STOCKS-Major Gulf markets rise in early trade

Major stock markets in the Gulf traded higher on Wednesday, in line with Asia shares, as financial markets and oil prices rallied, with a closer-than-anticipated presidential race sparking volatility.

UPDATE 1-Etihad Airways sells $600 mln in 'transition' sukuk

Etihad Airways, wholly owned by the Abu Dhabi government, on Wednesday sold $600 million in five-year "transition" sukuk, or Islamic bonds, which help fund the shift to a greener future, a document showed.

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

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