Company Arab Bank Group

Equities

ARBK

JO1302311013

Banks

End-of-day quote Amman S.E. 07:00:00 2024-03-26 pm EDT 5-day change 1st Jan Change
4.69 JOD -0.85% Intraday chart for Arab Bank Group -0.85% +2.85%

Business Summary

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.

Sales per Business

JOD in Million2022Weight2023Weight Delta
Corporate and Institutional Banking
38.1 %
796 44.4 % 851 38.1 % +6.97%
Treasury
36.7 %
465 26.0 % 821 36.7 % +76.52%
Other
17.1 %
279 15.6 % 383 17.1 % +36.92%
Consumer Banking - Retail Banking
14.9 %
306 17.1 % 334 14.9 % +9.25%
Consumer Banking - Elite
-6.9 %
-55 -3.0 % -154 -6.9 % +182.46%

Sales per region

JOD in Million2022Weight2023Weight Delta
International
74.3 %
1,302 72.7 % 1,660 74.3 % +27.48%
Jordan
25.7 %
489 27.3 % 575 25.7 % +17.47%

Managers

Managers TitleAgeSince
Chief Executive Officer 61 10-06-30
Director of Finance/CFO - 21-08-03
Chief Operating Officer 57 14-06-30
Compliance Officer 68 -
Corporate Officer/Principal - -
Corporate Officer/Principal - 11-12-31
General Counsel 55 03-04-14
Corporate Officer/Principal 65 09-05-04
Comptroller/Controller/Auditor 58 09-10-31
Corporate Officer/Principal - -

Members of the board

Members of the board TitleAgeSince
Chairman 86 98-03-26
Director/Board Member 58 -
Director/Board Member 60 06-03-30
Director/Board Member 52 21-12-14
Director/Board Member 54 15-04-21
Director/Board Member 42 17-12-31
Director/Board Member - -
Director/Board Member - -
Director/Board Member - -
Director/Board Member - -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 640,800,000 333,664,560 ( 52.07 %) 0 52.07 %

Shareholders

NameEquities%Valuation
Social Security Corp.
17.16 %
109,956,288 17.16 % 695 M JOD
Abdul Hamid Shoman Foundation
4.997 %
32,023,026 4.997 % 202 M JOD
Government of Saudi Arabia
4.494 %
28,800,000 4.494 % 182 M JOD
28,041,408 4.376 % 177 M JOD
22,705,758 3.543 % 144 M JOD
19,999,368 3.121 % 126 M JOD
Al Maseera International Co.
2.722 %
17,442,846 2.722 % 110 M JOD
Dar AL-Handasah Consultants Shair & Partners Holdings Ltd.
2.124 %
13,610,592 2.124 % 86 M JOD
Government of Qatar
1.649 %
10,567,123 1.649 % 67 M JOD
6,544,656 1.021 % 41 M JOD

Holdings

NameEquities%Valuation
600,000,000 40.00% 4,455,642,000 $
818,010,900 49.00% 233,689,354 $
82,227,200 82.23% 69,260,793 $
5,000,002 50.00% 21,522,859 $
2,355,000 1.57% 4,387,271 $
2,400,274 1.66% 1,693,801 $

Company contact information

Arab Bank Plc

Shaker Ebn Zeid Street Shmeisani

11195, Amman

+

http://www.arabbank.com
address Arab Bank Group(ARBK)

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
B+
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
6.616 USD
Average target price
8.263 USD
Spread / Average Target
+24.90%
Consensus

Quarterly revenue - Rate of surprise