Arab Banking Corporation (B.S.C.)

ABC

BH0008794115

Banks

End-of-day quote Bahrain Bourse Other stock markets 06:00:00 2024-04-23 pm EDT			5-day change	1st Jan Change
0.305 ^USD	0.00%		-1.93%	-1.61%

Mar. 25	Arab Banking Corporation (B.S.C.) Approves Dividend, Payable on 10 April 2024	CI
Feb. 12	Arab Banking Corporation (B.S.C.) Recommends Dividend for the Year Ended 31 December 2023, Payable on 10 April 2024	CI

Arab Banking Corporation (B.S.C.) Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023

August 13, 2023 at 08:01 am EDT

Arab Banking Corporation (B.S.C.) reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net interest income was USD 221 million compared to USD 193 million a year ago. Net income was USD 61 million compared to USD 39 million a year ago. Basic earnings per share from continuing operations was USD 0.02 compared to USD 0.01 a year ago.
For the six months, net interest income was USD 444 million compared to USD 370 million a year ago. Net income was USD 121 million compared to USD 70 million a year ago. Basic earnings per share from continuing operations was USD 0.04 compared to USD 0.02 a year ago.

Latest news about Arab Banking Corporation (B.S.C.)

Arab Banking Corporation (B.S.C.) Approves Dividend, Payable on 10 April 2024	Mar. 25	CI
Arab Banking Corporation (B.S.C.) Recommends Dividend for the Year Ended 31 December 2023, Payable on 10 April 2024	Feb. 11	CI
Arab Banking Corporation (B.S.C.) Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 11	CI
Arab Banking Corporation (B.S.C.) Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 13	CI
Arab Banking Corporation (B.S.C.) Appoints Atif Baig as Group Chief Credit Officer	23-10-02	CI
Arab Banking Corporation (B.S.C.) Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-13	CI
Arab Banking Corporation (B.S.C.) Appoints Khaled Kawan as A New Board Member	23-07-25	CI
Arab Banking Corporation (B.S.C.) Announces Resignation of Farouk El Okdah from Board of Directors	23-07-25	CI
Arab Banking Corporation (B.S.C.) Announces Executive Changes	23-07-17	CI
Arab Banking Corporation (B.S.C.) Announces Executive Appointments	23-06-06	CI
Arab Banking Corporation (B.S.C.) Confirms the Appointment of Sael Al Waary as Group Chief Executive Officer	23-05-21	CI
Arab Banking Corporation (B.S.C.) Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-14	CI
Arab Banking Corporation (B.S.C.) Approves Dividend for the Year Ended December 31, 2022, Payable from April 5, 2023	23-03-20	CI
Arab Banking Corporation (B.S.C.) Recommends Dividends for the Year Ended December 31, 2022, Payable on 05 April 2023	23-02-16	CI
Arab Banking Corporation (B.S.C.) Reports Earnings Results for the Full Year Ended December 31, 2022	23-02-12	CI
Bank ABC Appoints Mike Davis as the Group Head of Corporates at its Head Office in Bahrain	22-11-23	CI
Arab Banking Corporation (B.S.C.) Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022	22-11-13	CI
Arab Banking Corporation (B.S.C.) Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022	22-08-11	CI
Arab Banking Corporation Announces Executive Changes, Effective August 1, 2022	22-07-26	CI
Arab Banking Corporation (B.S.C.) Reports Earnings Results for the First Quarter Ended March 31, 2022	22-05-11	CI
Arab Banking Corporation (B.S.C.) Recommends Cash Dividend, Payable on April 11, 2022	22-03-24	CI
Arab Banking Corporation (B.S.C.) Recommends Cash Dividend for the Year Ended December 31, 2021, Payable on April 11, 2022	22-02-13	CI
Arab Banking Corporation (B.S.C.) Reports Earnings Results for the Full Year Ended December 31, 2021	22-02-13	CI
Arab Banking Corporation (B.S.C.) Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021	21-11-10	CI
Arab Banking Corporation (B.S.C.) Appoints Amr Tharwat as New MD and CEO of Its Bank ABC Egypt Franchise	21-08-23	CI

Chart Arab Banking Corporation (B.S.C.)

Duration

Period

More charts

Company Profile

Arab Banking Corporation BSC (ABC) is a Bahrain-based financial institution engaged in the banking sector. The Bank, together with its subsidiaries, provides trade finance, treasury, project and structured finance, corporate banking, financial institutions and syndications, as well as Islamic banking products. The Bank offers its services and products through four segments: the Universal Banking segment covers Retail and small and medium enterprises (SME) banking activities of the Bank in the Arab World; the International Wholesale Banking segment encompasses project and structured finance, trade finance and forfeiting, Islamic financial services, corporate banking & financial institutions, syndications and corporate finance; the Treasury segment comprises the activities of treasury, and the Others segment includes activities of the Bankâs subsidiaries include Banco ABC Brasil SA and Arab Financial Services Company BSCC.

Sector

Banks

Calendar

2024-05-07 - Q1 2024 Earnings Release (Projected)

More about the company

Income Statement Evolution

More financial data

Sector Other Banks

	1st Jan change	Capi.
ARAB BANKING CORPORATION (B.S.C.)	-1.61%	944M
JPMORGAN CHASE & CO.	+13.75%	556B
BANK OF AMERICA CORPORATION	+12.36%	298B
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED	+8.64%	247B
WELLS FARGO & COMPANY	+21.72%	210B
BANK OF CHINA LIMITED	+16.11%	170B
CHINA CONSTRUCTION BANK CORPORATION	+6.88%	162B
HSBC HOLDINGS PLC	+4.42%	153B
HDFC BANK LIMITED	-11.67%	138B
ROYAL BANK OF CANADA	+0.10%	139B