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Last 7.05 AED
Change Today -0.07 / -0.98%
Volume 539.8K
UNB On Other Exchanges
Symbol
Exchange
Abu Dhabi
As of 6:00 AM 07/30/15 All times are local (Market data is delayed by at least 15 minutes).

union national bank/abu dhab (UNB) Snapshot

Open
7.09
Previous Close
7.12
Day High
7.09
Day Low
6.83
52 Week High
09/7/14 - 7.18
52 Week Low
12/16/14 - 4.55
Market Cap
19.4B
Average Volume 10 Days
1.0M
EPS TTM
0.78
Shares Outstanding
2.8B
EX-Date
03/9/15
P/E TM
9.1x
Dividend
0.25
Dividend Yield
3.55%
Current Stock Chart for UNION NATIONAL BANK/ABU DHAB (UNB)

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union national bank/abu dhab (UNB) Details

Union National Bank – Public Joint Stock Company provides commercial and investment banking services for salaried individuals, self employed individuals, high net worth individuals, and business entities in the United Arab Emirates and internationally. The company offers various accounts, including savings, current, fixed deposit, call, Al Maha ladies savings, Al Ahbab, Al Fursan, everyday interest savings, accelerating rate deposit, online saver, and dream accounts; loans comprising expatriate, car and home, SME commercial, commercial vehicle, medic, commercial rent, smart investor, and Al Tawoos loans; bancassurance products; cards; various saving schemes and investment products; and Internet, ATM, phone, and mobile banking services. It also provides a range of services, such as arranging AGM, balance/audit confirmation, credit information report, demand draft, dematerialization, initial public offering, interactive voice response system, international brokerage, outward clearing/inter-city/clean collections, pay order, payroll processing, registrar of shares, remittances, research, standing order instructions, treasury services, and UAE brokerage; credit facilities; Islamic finance products; and securities and shares brokerage services. In addition, the company provides support to other businesses for funding and foreign exchange, and manages the positions/trading and liquidity management; and specialized services to wealthy individuals seeking investment opportunities, as well as handles corporate advisory services, primary stock offerings, and investment banking services. It operates through 72 branches in the United Arab Emirates; 1 branch in the Qatar Financial Centre, the State of Qatar; 1 branch in the State of Kuwait; and 1 representative office in the People’s Republic of China. The company was founded in 1982 and is headquartered in Abu Dhabi, the United Arab Emirates.

Founded in 1982

union national bank/abu dhab (UNB) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

union national bank/abu dhab (UNB) Key Developments

Union National Bank PJSC Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Impairment Charges for the Second Quarter Ended June 30, 2015

Union National Bank PJSC reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported interest income of AED 940,755,000 compared to AED 839,356,000 for the same period a year ago. Net interest income was of AED 717,174,000 compared to AED 607,689,000 for the same period a year ago. Operating income was AED 979,423,000 compared to AED 811,998,000 for the same period a year ago. Net profit before income tax was AED 583,568,000 compared to AED 527,475,000 for the same period a year ago. Profit attributable to equity holders of the bank was of AED 568,037,000 or AED 0.21 per basic and diluted share compared to AED 515,564,000 or AED 0.19 per basic and diluted share for the same period a year ago. For six months, the company reported interest income of AED 1,808,855,000 compared to AED 1,636,584,000 for the same period a year ago. Net interest income was of AED 1,375,851,000 compared to AED 1,170,699,000 for the same period a year ago. Operating income was AED 1,914,154,000 compared to AED 1,596,386,000 for the same period a year ago. Net profit before income tax was AED 1,210,254,000 compared to AED 1,045,534,000 for the same period a year ago. Profit attributable to equity holders of the bank was of AED 1,178,877,000 or AED 0.42 per basic and diluted share compared to AED 1,024,649,000 or AED 0.35 per basic and diluted share for the same period a year ago. Net cash used in operating activities was AED 1,370,337,000 compared to AED 4,380,830,000 for the same period a year ago. Return on average equity was 15.7% compared to 15.2% for the same period a year ago. Return on average assets was 2.4% compared to 2.3% for the same period a year ago. Increase in net interest income was driven by an increase in the asset book and improvement in interest margins. The company provided impairment charges for the second quarter ended June 30, 2015. For the quarter, impairment charges on financial assets, net was AED 128,625,000 compared to AED 46,101,000 a year ago.

Union National Bank PJSC to Report Q2, 2015 Results on Jul 21, 2015

Union National Bank PJSC announced that they will report Q2, 2015 results on Jul 21, 2015

Union National Bank PJSC, Board Meeting, Jul 21, 2015

Union National Bank PJSC, Board Meeting, Jul 21, 2015., at 20:45 Indian Standard Time. Agenda: to approve the interim consolidated financial statements for the second quarter of the year 2015 as well as other general matters.

 

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UNB

Industry Average

Valuation UNB Industry Range
Price/Earnings 9.3x
Price/Sales 6.1x
Price/Book 1.1x
Price/Cash Flow 9.0x
TEV/Sales 0.2x
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