Last 2.80 AED
Change Today +0.05 / 1.82%
Volume 20.0K
As of 5:00 AM 01/26/15 All times are local (Market data is delayed by at least 15 minutes).

invest bank (INVESTB) Snapshot

Open
2.80
Previous Close
2.75
Day High
2.80
Day Low
2.80
52 Week High
04/8/14 - 3.30
52 Week Low
12/23/14 - 2.40
Market Cap
4.0B
Average Volume 10 Days
14.3K
EPS TTM
0.25
Shares Outstanding
1.4B
EX-Date
02/25/15
P/E TM
11.2x
Dividend
0.10
Dividend Yield
3.25%
Current Stock Chart for INVEST BANK (INVESTB)

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invest bank (INVESTB) Details

Invest bank PSC provides a range of financial products and services to corporate and retail customers. The company offers commercial banking products and services, including loans and advances, project and trade finance, revolving overdraft facilities, letters of credit, guarantees, collections, foreign exchange services, current and saving accounts, call and fixed deposits, personal and auto loans, VISA credit cards, MASTER CARD debit cards, and Internet banking services; and placements to and from banks. It is also involved treasury and investment activities. Invest bank PSC operates through a network of approximately 16 branches primarily located in the Emirate of Sharjah, Dubai, Abu Dhabi, Al Ain, Ras AI Khaimah, and Fujairah, the United Arab Emirates; and Lebanon. The company was formerly known as Investment Bank for Trade and Finance and changed its name to Invest bank PSC in 1997. Invest bank PSC was founded in 1975 and is headquartered in the Sharjah, the United Arab Emirates.

Founded in 1975

invest bank (INVESTB) Top Compensated Officers

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Executives, Board Directors

invest bank (INVESTB) Key Developments

Invest Bank Reports Earnings Results for 2014

Invest Bank reported earnings results for 2014. For the period, the company reported net profit of AED 360 million compared to AED 328 million in the previous year. The bank reported improved profitability in 2014. Its gross operating income for 2014 was AED 665 million compared to AED 607.98 million in 2013 while its net operating income excluding provisions and depreciation for the year was AED 511.4 million. Interest income improved to AED 461.2 million in 2014 from AED 439.85 million in 2013 while non-interest income for the year was at AED 204 million.

Investbank P.S.C. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

InvestBank P.S.C. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported net interest income of AED 114.097 million compared to AED 115.377 million a year ago. Total revenue was AED 160.602 million compared to AED 159.340 million a year ago. Profit for the period was AED 77.049 million or AED 0.05 per share compared to AED 71.597 million or AED 0.05 per share a year ago. For the nine months, the company reported net interest income of AED 339.414 million compared to AED 322.565 million a year ago. Total revenue was AED 495.351 million compared to AED 457.529 million a year ago. Profit for the period was AED 270.067 million or AED 0.19 per share compared to AED 250.644 million or AED 0.17 per share a year ago. Net cash used in operating activities was AED 118.585 million compared to net cash generated from operating activities of AED 118.585 million a year ago. Purchase of property and equipment was of AED 30.121 million compared to AED 27.862 million a year ago.

InvestBank P.S.C. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

InvestBank P.S.C. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported net interest income of AED 113,101,000 against AED 107,653,000 a year ago. Total operating income was AED 179,888,000 against AED 163,403,000 a year ago. Profit for the period was AED 98,156,000 against AED 89,965,000 a year ago. Earnings per share were AED 0.07 against AED 0.06 a year ago. For the six months, the company reported net interest income of AED 225,317,000 against AED 207,188,000 a year ago. Total operating income was AED 334,749,000 against AED 298,189,000 a year ago. Profit for the period was AED 193,018,000 against AED 179,047,000 a year ago. Earnings per share were AED 0.13 against AED 0.12 a year ago. Net cash generated from operating activities was AED 228,285,000 against net cash used in operating activities of AED 163,591,000 a year ago. Purchase of property and equipment were AED 15,173,000 against AED 19,333,000 a year ago. Purchase of investment securities were AED 656,399,000 against AED 423,166,000 a year ago.

 

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INVESTB Competitors

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Company Last Change
Bulgarian American Credit Bank JSCO 4.40 BGN 0.00
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Industry Analysis

INVESTB

Industry Average

Valuation INVESTB Industry Range
Price/Earnings 11.0x
Price/Sales 7.7x
Price/Book 1.4x
Price/Cash Flow 11.0x
TEV/Sales 3.8x
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