Company Gulf Bank K.S.C.P.

Equities

GBK

KW0EQ0100028

Banks

End-of-day quote Kuwait S.E. 06:00:00 2024-04-22 pm EDT 5-day change 1st Jan Change
0.258 KWD +0.39% Intraday chart for Gulf Bank K.S.C.P. -1.15% -3.59%

Business Summary

Gulf Bank KSCP is a Kuwait-based public shareholding company engaged in the provision of banking, financial and investment services. The Bank is structured into two business segments: the Commercial Banking segment includes acceptance of deposits from individuals, corporate and institutional customers and providing consumer loans, overdrafts, credit card facilities and funds transfer facilities to individuals, as well as other credit facilities of corporate and institutional customers, and the Treasury & Investments segment provides money market, trading and treasury services, including foreign exchange, spot quotations and forwards and swaps, and the management of the Bank’s funding operation by use of treasury bills, government securities, placements and acceptances with other banks.

Number of employees: 1,136

Sales per Business

KWD in Million2022Weight2023Weight Delta
Commercial Banking
72.9 %
147 81.3 % 139 72.9 % -5.74%
Unallocated
23.8 %
26 14.3 % 45 23.8 % +75.83%
Treasury & Investments
3.3 %
8 4.5 % 6 3.3 % -23.60%

Sales per region

KWD in Million2022Weight2023Weight Delta
Kuwait
100.0 %
181 100.0 % 190 100.0 % +5.08%

Managers

Managers TitleAgeSince
Chief Executive Officer - 21-09-04
Director of Finance/CFO - 21-04-13
Chief Investment Officer - 22-07-31
Compliance Officer - -
Chief Tech/Sci/R&D Officer - -
Investor Relations Contact - -
Comptroller/Controller/Auditor - 03-09-19
Corporate Secretary - -
Corporate Officer/Principal - 03-08-31
Treasurer - 18-02-28

Members of the board

Members of the board TitleAgeSince
Director/Board Member - 09-04-10
Director/Board Member 47 12-03-16
Chairman - 12-03-16
Director/Board Member - 21-02-28
Director/Board Member - 19-08-06
Director/Board Member - 20-10-31
Director/Board Member - 20-10-30
Director/Board Member - 21-02-28
Director/Board Member - 21-08-31
Director/Board Member - 22-05-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 3,802,502,099 2,053,351,132 ( 54.00 %) 0 54.00 %

Shareholders

NameEquities%Valuation
Alghanim Trading Co.
32.75 %
1,186,018,512 32.75 % 1 134 M KWD
The Public Institution for Social Security of Kuwait
7.190 %
260,380,858 7.190 % 249 M KWD
219,458,692 6.060 % 210 M KWD
Global Investment House KPSC (Investment Management)
0.2046 %
7,408,183 0.2046 % 7 M KWD
State Street Global Advisors Ltd.
0.1237 %
4,479,251 0.1237 % 4 M KWD
Sjunde AP-fonden
0.1149 %
4,161,394 0.1149 % 4 M KWD
Franklin Templeton Investments (ME) Ltd.
0.0608 %
2,200,865 0.0608 % 2 M KWD
Qatar Insurance Co. SAQ (Investment Management)
0.0477 %
1,727,272 0.0477 % 2 M KWD
Dimensional Fund Advisors Ltd.
0.0403 %
1,459,662 0.0403 % 1 M KWD
Mercer Global Investments Europe Ltd.
0.0344 %
1,247,471 0.0344 % 1 M KWD

Company contact information

The Gulf Bank of Kuwait

Mubarak Al-Kabir Street Safat

13032, Kuwait City

+965 2208 2000

http://www.e-gulfbank.com
address Gulf Bank K.S.C.P.(GBK)

Sales per Business

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
0.257 KWD
Average target price
0.3448 KWD
Spread / Average Target
+34.15%
Consensus

Quarterly revenue - Rate of surprise

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