Mashreqbank PSC (DFM: MASQ)
Market Cap | 46.14B |
Revenue (ttm) | 12.94B |
Net Income (ttm) | 8.60B |
Shares Out | 200.61M |
EPS (ttm) | 42.84 |
PE Ratio | 5.37 |
Forward PE | 7.42 |
Dividend | 18.50 (8.01%) |
Ex-Dividend Date | n/a |
Volume | 1,433 |
Open | 231.00 |
Previous Close | 231.00 |
Day's Range | 229.00 - 231.00 |
52-Week Range | 147.00 - 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]
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 StatementsNews
Mashreq and Landmark Retail launch Qatars first private sector sustainability-linked finance partnership
Focus on Energy Management, Circularity, and Sustainable Materials like Better Cotton in Landmark Retail products.
Dubai-listed Mashreq appoints Philip Philippides as CEO of Mashreq Capital
Philippides will lead the expansion of the asset management business
Mashreq appoints Philip Philippides as CEO of Mashreq Capital
Philip brings more than 28 years of experience from across major global financial institutions, including Morgan Stanley, Blackrock/iShares, MSCI, and Amundi, as well as his own strategic consulting p...
Mashreq expands global Climb2Change initiative with environmental clean-up mission in Egypt
Mashreq kicks off its Clean-Up mission in Egypt, focusing on restoring three key areas in Wadi Degla
Meydan Free Zone and Mashreq partner to empower SMEs
This collaboration represents a significant advancement in the sector and underscores the commitment of both organizations to empower small and medium enterprises (SMEs) and foster sustainable economi...
Mashreq expands collaboration with Oracle
The shift to a cloud database environment will enable Mashreq to accelerate and scale its operations as the bank grows its presence in key international hubs
Mashreq expands collaboration with Oracle to accelerate global expansion
Leading MENA bank selects Oracle Exadata Cloud@Customer to leverage cloud automation, boost scalability, and comply with local data residency regulations
Mashreq and Visa announce collaboration with football icon Mo Salah for their UAE customers
Initiative to offer customers a chance to win meet-and-greet opportunities with the footballer, coveted signed memorabilia and more
Mashreq enhances services for corporate clients in kuwait with launch of NEO CORP
New digital banking platform leverages latest technology to offer convenient, efficient, accessible banking for corporate clients
Mashreq collaboration with Al Etihad Payments expands payment options for customers in the UAE
Jaywan Cards to be Accepted on All NEOPAY Terminals in UAE
Gargash Group and Mashreq sign a strategic partnership on sustainable finance
Gargash Group Leverages Sustainable Financing to Bolster Comprehensive Sustainability Efforts
Mashreq Bank sells Depa shares for over $12mln
The lender acquired the shares from Arabtec Holding as part of a court order
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
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
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
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
Mashreq expands corporate digital banking in Bahrain
Mashreqs Neo Corp digital banking platform provides access to a range of cash management and trade services
Mashreq expands corporate digital banking landscape in Bahrain with NEO CORP
New Corporate Digital Banking Platform offers convenience, efficiency, accessibility
Mashreq introduces IBAN Validation API for business clients
Mashreq offers customers seamless banking experience
Mashreq introduces IBAN Validation API for business and corporate clients
The API seamlessly integrates with the Central Bank of the UAE (CBUAE) payment infrastructure