The National Bank of Ras Al-Khaimah (P.S.C.) (ADX: RAKBANK)

Market Cap	11.26B
Revenue (ttm)	3.90B
Net Income (ttm)	2.12B
Shares Out	2.01B
EPS (ttm)	1.05
PE Ratio	5.32
Forward PE	5.97
Dividend	0.31 (5.56%)
Ex-Dividend Date	n/a

Volume	17,565
Open	5.59
Previous Close	5.59
Day's Range	5.47 - 5.59
52-Week Range	5.00 - 5.75
Beta	n/a
Analysts	n/a
Price Target	n/a
Earnings Date	Oct 23, 2024

About RAKBANK

The National Bank of Ras Al-Khaimah (P.S.C.), together with its subsidiaries, provides retail, Islamic, and commercial banking products and services to individuals and businesses in the United Arab Emirates. It operates through five segments: Retail Banking, Wholesale Banking, Business Banking, Treasury, and Insurance Business. The company offers current, savings, gold, elite, joint, and merchant accounts, as well as call, fixed, recurring, and flexi fixed deposit accounts; home, personal, cash, green, business, auto, national, and education lo...

• Industry: Commercial Banks
• Founded: 1976
• Employees: 3,498
• Stock Exchange: Abu Dhabi Securities Exchange
• Ticker Symbol: RAKBANK

Financial Performance

In 2023, RAKBANK's revenue was 3.40 billion, an increase of 30.81% compared to the previous year's 2.60 billion. Earnings were 1.78 billion, an increase of 52.40%.