Company First Abu Dhabi Bank

Equities

FAB

AEN000101016

Banks

Market Closed - Abu Dhabi Securities Exchange 06:58:46 2024-03-28 am EDT 5-day change 1st Jan Change
13.4 AED -0.59% Intraday chart for First Abu Dhabi Bank +0.45% -4.01%

Business Summary

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.

Number of employees: 5,451

Sales per Business

AED in Million2022Weight2023Weight Delta
Investment Banking
43.7 %
8,848 42.5 % 12,011 43.7 % +35.75%
Corporate and Commercial Banking
25.0 %
4,992 24.0 % 6,867 25.0 % +37.58%
Consumer Banking
13.8 %
4,128 19.8 % 3,795 13.8 % -8.05%
Head Office
13.2 %
1,838 8.8 % 3,620 13.2 % +96.97%
Global Private Banking
4.3 %
1,035 5.0 % 1,178 4.3 % +13.79%

Sales per region

AED in Million2022Weight2023Weight Delta
United Arab Emirates
80.7 %
15,818 75.9 % 22,179 80.7 % +40.21%
International
19.3 %
5,022 24.1 % 5,293 19.3 % +5.38%

Managers

Managers TitleAgeSince
Chief Executive Officer - -
Director of Finance/CFO 56 23-04-30
Compliance Officer - -
Chief Operating Officer - -
Investor Relations Contact - 17-03-31
Corporate Officer/Principal - 23-06-01
Corporate Officer/Principal - 23-06-01
Corporate Officer/Principal - -
Corporate Officer/Principal - -
Corporate Officer/Principal - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 49 20-02-23
Director/Board Member - 20-02-23
Director/Board Member 52 17-03-30
Director/Board Member 50 20-02-23
Director/Board Member 54 17-03-30
Director/Board Member - 17-03-30
Shariah Board Member 60 20-02-23
Shariah Board Member - 20-02-23
Shariah Board Member - 21-02-27
Director/Board Member - 23-02-27

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 11,047,612,000 6,858,437,594 ( 62.08 %) 6,505,000 ( 0.0589 %) 62.08 %

Shareholders

NameEquities%Valuation
Emirate of Abu Dhabi (United Arab Emirates)
37.86 %
4,182,705,575 37.86 % 15 533 M AED
1,745,522,805 15.80 % 6 482 M AED
State Street Global Advisors Ltd.
0.1220 %
13,480,607 0.1220 % 50 M AED
Sjunde AP-fonden
0.0830 %
9,168,031 0.0830 % 34 M AED
Northern Trust Fund Managers (Ireland) Ltd.
0.0685 %
7,571,900 0.0685 % 28 M AED
Mercer Global Investments Europe Ltd.
0.0292 %
3,220,393 0.0292 % 12 M AED
KLP Kapitalforvaltning AS
0.0251 %
2,772,100 0.0251 % 10 M AED
SNB Capital Co.
0.0166 %
1,834,234 0.0166 % 7 M AED
Emirates NBD Asset Management Ltd.
0.0165 %
1,820,000 0.0165 % 7 M AED
ADCB Asset Management Ltd.
0.0136 %
1,499,444 0.0136 % 6 M AED

Holdings

NameEquities%Valuation
25,000,000 10.00% 19,058,500 $
20,000,000 5.51% 5,499,800 $
3,736,625 0.01% 3,267,043 $
100,000 0.01% 2,156,107 $
109,626 0.00% 638,859 $
82,629 0.00% 109,173 $
46,340 0.02% 97,599 $

Company contact information

First Abu Dhabi Bank PJSC

FAB Building Khalifa Business Park

, Abu Dhabi

+971 2 6811511

http://www.bankfab.com
address First Abu Dhabi Bank(FAB)

Group companies

NameCategory and Sector
Regional Banks
Investment Managers
Regional Banks
Regional Banks
First Abu Dhabi Bank Securities LLC
First Abu Dhabi Bank (Saudi Arabia Branch)
Fab Global Business Services Pvt Ltd.
First Abu Dhabi Bank Misr SAE

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
A-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
14
Last Close Price
13.48 AED
Average target price
15.32 AED
Spread / Average Target
+13.66%
Consensus