Abu Dhabi Commercial Bank
| Name | Abu Dhabi Commercial Bank | |
| Sector | Finance & Insurance - Commercial Banks | |
| Trading | ADX | |
| RIC Code | ADCB.AD | |
| Location | UAE |
Profile and Background
The Abu Dhabi Commercial Bank is named as such as a result of the merger of Khaleej Bank with Emirates Commercial Bank in 1985.The bank is a public shareholding company with limited liability, and was incorporated in Abu Dhabi in 1975, to carry on retail, commercial, investment and merchant banking through a thirty three- branch network spread across the UAE, in addition to two branches in India and an offshore banking unit in the Cayman Island.
After the merger, the Bank's paid up capital reached AED 1.25 billion split into 12.5 million shares of AED 100 each. The Bank was A rated by Capital Intelligence in Dec-1999, and BBB by S&P.
After the merger, the Bank's paid up capital reached AED 1.25 billion split into 12.5 million shares of AED 100 each. The Bank was A rated by Capital Intelligence in Dec-1999, and BBB by S&P.
Shareholding Groups
| Individuals | 35% |
| Institutions | N/A |
| Floating | N/A |
| Government | N/A |
Board Members (Listed in alphabetical order)
| Director | Abdullah Khalil Al Mutawa |
| Chairman | Fadhel Said Al Darmaki |
| Director | Jassim Ahmed Bin Hader Al Meraikhi |
| Chief Executive Officer | Khalifa Mohammed Hassan |
| Director | Mohammed Abdul Aziz Al Rubaiyea |
| Director | Mohammed Ahmed Al Fahim |
| Director | Mubarak Mattar Al Humairi |
| Director | Rashid Humaid Al Mazroui |
Stock Performance
Market Information
| Stock | UAE Index | |
| Last Closing | AED 5.19 | 5063.31 |
| YTD % |  -5.44% | -0.29% |
| Weekly % | -1.705% | -1.92% |
| Year High | AED 5.93 | 5418.77 |
| Year Low | AED 5.04 | 4472.14 |
| 52 Week High | AED 6.49 | 5418.77 |
| 52 Week Low | AED 5.02 | 3504.54 |
| BETA | 0.9666 | |
| Outstanding Shares | 4,810,000,000 | |
| Market Cap | AED 24,963,900,000 | |
| Market Cap in $ | USD $6,796,596,787 | |
| % of UAE Market | 2.95% | |
| % of Sector | 8.56% | |
| Rank by Cap | 11 |
Key Figures in '000 AED
| 2005 | 2004 | 2003 | |
| Total Assets | 99,190 | 38,393,343 | 28,751,194 |
| Shareholder's Equity | 4,647,821 | 4,167,050 | |
| NIAT | 1,921,542 | 800,594 | 405,025 |
| Dividends | N/A | N/A | 312,500 |
Financial Ratios
| 2005 | 2004 | 2003 | |
| Assets Growth | -99.74% | 33.54% | 3.86% |
| Earning Growth | 140.01% | 97.67% | -31.39% |
| ROaA | 9.98% | 2.39% | 1.44% |
| ROaE | 82.69% | 18.17% | 9.82% |
| No. Of Shares | 4,000,000,000 | 125,000,000 | 125,000,000 |
| EPS | 0.48 | 6.40 | 3.24 |
| EPS Growth | 140.01% | 97.67% | -31.39% |
| Payout Ratio | N/A | N/A | 77.156 |
Valuation Ratios
| Trailing | |
| PE | 12.99 |
| PB | |
| DVPS | N/A |
| Div Yield | N/A |
| EV | 43,600,000.00 |
| EV/Equity | 0.00 |
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