Abu Dhabi Islamic Bank (ADIB) Banks

HOLD
AED 18.96
AED 17.00
-10%
  • 68,862.72
  • 3,632.00
  • 10.58 L H 20.16
  • 59,035,330

Financial

FY2021A FY2022A FY2023A FY2024A FY2025E
PE (x) 33.20 20.72 14.77 12.70 13.99
PB (x) 4.36 3.88 3.38 3.05 2.67
Dividend Yield (%) 1.64 2.58 3.74 4.40 4.40

Recent Research

  • UAE Flag
    FIRST LOOK NOTES
    28 Apr 2025
    Abu Dhabi Islamic Bank (ADIB)
    HOLD
    AED 17.84
    AED 18.50
    +3.70%

    UAE Equity Research - Abu Dhabi Islamic Bank (ADIB) 1Q25 - First Look Note

    Net profit increased 19.1% YOY in 1Q25 driven by strong growth in funded and non-funded income. The Bank anticipates its NIMs to stay stable and shall experience a gradual decline after the interest rate cut. NPL ratio declined from 4.0% in 4Q24 to 3.7% in 1Q25, at its lowest levels since FY2017.
  • UAE Flag
    EARNINGS CALL INSIGHT
    25 Apr 2025
    Abu Dhabi Islamic Bank (ADIB)
    HOLD
    AED 18.04
    AED 18.50
    +2.55%

    UAE Equity Research - Abu Dhabi Islamic Bank (ADIB) 1Q25 - Earnings Call Insight

    Net funded income grew 3.6% YOY to AED 1.75 Bn in 1Q25, driven by strong growth from Islamic Financings partially offset by an increase in funded expense. ADIB continued to expand its customer base, with 67,000 new customers joining in 1Q25 taking total customer base to c. 2 Mn, reflecting the bank’s growing appeal and strong market position.
  • UAE Flag
    FIRST LOOK NOTES
    24 Apr 2025
    Abu Dhabi Islamic Bank (ADIB)
    HOLD
    AED 16.90
    AED 17.00
    +0.59%

    UAE Equity Research - Abu Dhabi Islamic Bank (ADIB) 1Q25 - Earnings Flash

    Abu Dhabi Islamic Bank (ADIB) reported a Strong Financial Performance with Net profit after tax for 1Q25 was AED 1.7 Bn reflecting 18% increase compared to 1Q24 which beats our estimates of AED 1.43 Bn, driven by strong business volumes coupled with strength in fee-based businesses, higher Investment income and FX income, and improved non-performing asset ratios.
  • UAE Flag
    FIRST LOOK NOTES
    03 Feb 2025
    Abu Dhabi Islamic Bank (ADIB)
    HOLD
    AED 15.60
    AED 16.00
    +2.56%

    UAE Equity Research - Abu Dhabi Islamic Bank (ADIB) 4Q24 - First Look Note

    ADIB expects its gross financing to grow more than 10% YOY in 2025. The Bank anticipates its NIMs to stay stable and shall experience a gradual decline after the interest rate cut. NPL ratio declined from 4.4% in 3Q24 to 4.0% in 4Q24, at its lowest levels since FY2017.
  • UAE Flag
    EARNINGS CALL INSIGHT
    30 Jan 2025
    Abu Dhabi Islamic Bank (ADIB)
    HOLD
    AED 15.38
    AED 15.00
    -2.47%

    UAE Equity Research - Abu Dhabi Islamic Bank (ADIB) 4Q24 - Earnings Call Insight

    Net funded income grew 2.9% YOY to AED 1.7 Bn in 4Q24, driven strong growth in funded income partially offset by an increase in funded expense.
  • UAE Flag
    FIRST LOOK NOTES
    12 Nov 2024
    Abu Dhabi Islamic Bank (ADIB)
    HOLD
    AED 12.62
    AED 15.00
    +18.86%

    UAE Equity Research - Abu Dhabi Islamic Bank (ADIB) 3Q24 - First Look Note

    The non-funded income grew 24.7% YOY to AED 1,064 Mn in 3Q24. NPL ratio (reported) declined 222 bps YOY and 32 bps QOQ to 4.4%, at its lowest levels since FY2017. Additionally, ADIB expects its NPL ratio to drop below 4.0% by 2024 year-end.

Advance Search

Search Company

List of companies
Search result