MashreqBank
| Name | MashreqBank | |
| Sector | Finance & Insurance - Commercial Banks | |
| Trading | DFM | |
| RIC Code | MASB.DU | |
| Location | UAE |
Profile and Background
MashreqBank was incorporated in the UAE in 1967 under a decree issued by the ruler of Dubai. The banking group includes subsidiaries in the USA (Bank Oman Overseas), Hong Kong (Mashreq Asia limited) Osool Finance Company (UAE) and Oman Insurance Company limited (UAE).
Mashreq Bank activities are mainly focused on traditional commercial banking services. As a result of its latest bonus share distribution, during the year 1998, the consolidation paid up capital of the Bank stood at AED 596.
5 million split into 5,965,530 shares of value AED 100 each.
Mashreq Bank activities are mainly focused on traditional commercial banking services. As a result of its latest bonus share distribution, during the year 1998, the consolidation paid up capital of the Bank stood at AED 596.
5 million split into 5,965,530 shares of value AED 100 each.
Shareholding Groups
| Individuals | 100% |
| Institutions | N/A |
| Floating | N/A |
| Government | N/A |
Board Members (Listed in alphabetical order)
| Director | Abdul Aziz Aabdallah Al Ghurair |
| Chairman | Abdulla Ahmed Al Ghurair |
| Director | Ali Khalifa Al Hitmi |
| Director | Ali Rashed Ahmed Lootah |
| Director | Mohammed Abdulla Al Ghurair |
| Director | Mohammed Ali Al Gaizi |
| Vice Chairman | Mohammed Ibrahim Obaidullah |
Stock Performance
Market Information
| Stock | UAE Index | |
| Last Closing | AED 275 | 5063.31 |
| YTD % |  -10.714% | -0.29% |
| Weekly % |  0% | -1.92% |
| Year High | AED 336.11 | 5418.77 |
| Year Low | AED 271.44 | 4472.14 |
| 52 Week High | AED 336.11 | 5418.77 |
| 52 Week Low | AED 184.86 | 3504.54 |
| BETA | 0.8185 | |
| Outstanding Shares | 112,605,350 | |
| Market Cap | AED 30,966,471,250 | |
| Market Cap in $ | USD $8,430,838,892 | |
| % of UAE Market | 3.66% | |
| % of Sector | 10.62% | |
| Rank by Cap | 9 |
Key Figures in '000 AED
| 2005 | 2004 | 2003 | |
| Total Assets | 45,742,467 | 31,948,828 | 26,236,595 |
| Shareholder's Equity | 7,258,732 | 4,495,915 | 3,738,990 |
| NIAT | 2,012,072 | 751,076 | 600,684 |
| Dividends | N/A | N/A | 178,966 |
Financial Ratios
| 2005 | 2004 | 2003 | |
| Assets Growth | 43.17% | 21.77% | 10.78% |
| Earning Growth | 167.89% | 25.04% | 18.97% |
| ROaA | 5.18% | 2.58% | 2.41% |
| ROaE | 34.23% | 18.24% | 17.40% |
| No. Of Shares | 86,619,500 | 78,745,018 | 71,586,360 |
| EPS | 23.23 | 9.54 | 8.39 |
| EPS Growth | 167.89% | 25.04% | 18.97% |
| Payout Ratio | N/A | N/A | 29.794 |
Valuation Ratios
| Trailing | |
| PE | 15.39 |
| PB | |
| DVPS | N/A |
| Div Yield | N/A |
| EV | 25,777,963.20 |
| EV/Equity | 3.55 |
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