Mashreqbank PSC (DFM: MASQ)

United Arab Emirates flag United Arab Emirates · Delayed Price · Currency is AED
230.00
-1.00 (-0.43%)
At close: Nov 20, 2024
42.86%
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]

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 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.

1 day ago - Zawya

Dubai-listed Mashreq appoints Philip Philippides as CEO of Mashreq Capital

Philippides will lead the expansion of the asset management business

3 days ago - Zawya

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...

3 days ago - Zawya

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

7 days ago - Zawya

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...

4 weeks ago - Zawya

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

5 weeks ago - Zawya

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

5 weeks ago - Zawya

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

5 weeks ago - Zawya

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

5 weeks ago - Zawya

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

6 weeks ago - Zawya

Gargash Group and Mashreq sign a strategic partnership on sustainable finance

Gargash Group Leverages Sustainable Financing to Bolster Comprehensive Sustainability Efforts

7 weeks ago - Zawya

Mashreq Bank sells Depa shares for over $12mln

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

2 months 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

2 months 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

2 months 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

2 months 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

2 months 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

2 months ago - Zawya

Mashreq expands corporate digital banking landscape in Bahrain with NEO CORP

New Corporate Digital Banking Platform offers convenience, efficiency, accessibility

2 months ago - Zawya

Mashreq introduces IBAN Validation API for business clients

Mashreq offers customers seamless banking experience

3 months 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

3 months ago - Zawya