Mashreqbank PSC (DFM: MASQ)

United Arab Emirates flag United Arab Emirates · Delayed Price · Currency is AED
237.00
+11.00 (4.87%)
At close: Sep 26, 2024
48.12%
Market Cap 48.14B
Revenue (ttm) 13.26B
Net Income (ttm) 9.08B
Shares Out 200.61M
EPS (ttm) 45.24
PE Ratio 5.30
Forward PE 7.65
Dividend 18.50 (7.81%)
Ex-Dividend Date n/a
Volume 245
Open 235.00
Previous Close 226.00
Day's Range 227.00 - 237.00
52-Week Range 144.00 - 254.15
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date Oct 25, 2024

About Mashreqbank PSC

Mashreqbank PSC provides various banking and financial services to individuals and small businesses. The company’s wholesale segment offers corporate and commercial banking services, such as trade finance, contracting finance, project finance, investment banking, cash management, correspondent banking, and Islamic products. Its Retail segment provides current accounts, savings accounts, fixed deposits, investment products, and Mashreq Millionaire deposits; personal, auto, mortgage, and business loans; credit and debit cards; and bank assurance,... [Read more]

Industry Commercial Banks
Founded 1967
Employees 90
Stock Exchange Dubai Financial Market
Ticker Symbol MASQ
Full Company Profile

Financial Performance

In 2023, Mashreqbank PSC's revenue was 12.16 billion, an increase of 77.84% compared to the previous year's 6.84 billion. Earnings were 8.59 billion, an increase of 130.32%.

Financial Statements

News

Mashreq Bank sells Depa shares for over $12mln

The lender acquired the shares from Arabtec Holding as part of a court order

1 day ago - Zawya

Dubai: Arcapita and Dgpays Consortium Acquires Majority Stake in NEOPAY from Mashreq

The transaction implies an approximate enterprise value for NEOPAY of $385 million, and the closing is subject to necessary regulatory approvals

3 days ago - Zawya

A debut AED 500mln syndicated loan is arranged and coordinated by Mashreq for the Trade and Development Bank

The facility marks TDBs first ever AED denominated syndicated loan deal

3 days ago - Zawya

UAE: Arcapita consortium buys key stake in Mashreq unit for $385mln

Neopay is the UAEs fastest growing payment solutions provider, with a strong foothold among merchants and e-commerce players

4 days ago - Zawya

Dubai-listed Mashreq sells stake in $385mln NeoPay to Arcapita and Dgpays

The bank said it was entering into a long-term shareholder arrangement with the purchasers for the future growth of the business

14 days ago - Zawya

Mashreq expands corporate digital banking in Bahrain

Mashreqs Neo Corp digital banking platform provides access to a range of cash management and trade services

23 days ago - Zawya

Mashreq expands corporate digital banking landscape in Bahrain with NEO CORP

New Corporate Digital Banking Platform offers convenience, efficiency, accessibility

24 days ago - Zawya

Mashreq introduces IBAN Validation API for business clients

Mashreq offers customers seamless banking experience

5 weeks ago - Zawya

Mashreq introduces IBAN Validation API for business and corporate clients

The API seamlessly integrates with the Central Bank of the UAE (CBUAE) payment infrastructure

5 weeks ago - Zawya