Financial Ratios Qatar National Bank

Equities

QNBE

EGS60081C014

Banks

End-of-day quote Egyptian Exchange Other stock markets 2024-09-19			5-day change	1st Jan Change
26.84 ^EGP	-0.59%		-0.22%	-4.72%

Sep. 11	Qatar National Bank announces an Equity Buyback for QAR 2,900 million worth of its shares.	CI
Sep. 11	Qatar National Bank authorizes a Buyback Plan.	CI

6e44c10.5piMTJCphEKJCs2HSm-Lwkh3X1vzMFrD_7Dp3V6H3k0.3_H7KuqexS7OcI7sflbD-w8TGWnGXDeXq9qc6DDJuQWi3dgA2dzKK9hzpg

Published financial data: QATAR NATIONAL BANK

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Interest Income On Loans	32.37B	30.74B	32.13B	44B	77.22B
Interest Income On Investments	49.61M	35.19M	46.38M	56.57M	85.13M
Interest Income, Total	32.42B	30.77B	32.18B	44.06B	77.31B
Interest On Deposits	18.62B	16.1B	16.79B	24.03B	46.34B
Interest Expense, Total	18.62B	16.1B	16.79B	24.03B	46.34B
Net Interest Income	13.8B	14.67B	15.39B	20.02B	30.97B
Income From Trading Activities	120M	112M	119M	464M	633M
Gain (Loss) on Sale of Assets	2.9M	8.16M	13.12M	779K	10.08M
Gain (Loss) on Sale of Invest. & Securities - (Rev)	6.65M	6.49M	8.34M	69.21M	88.1M
Total Other Non Interest Income	1.97B	1.8B	2.03B	2.45B	3.95B
Non Interest Income, Total	2.1B	1.93B	2.17B	2.98B	4.68B
Revenues Before Provison For Loan Losses	15.9B	16.6B	17.56B	23.01B	35.65B
Provision For Loan Losses	697M	2.14B	2.27B	3.73B	5.67B
Total Revenues	15.21B	14.46B	15.28B	19.28B	29.97B
Salaries And Other Employee Benefits	-	-	1.96B	2.28B	2.81B
Occupancy Expense	-	-	399M	443M	479M
Selling General & Admin Expenses, Total	3.63B	3.84B	1.96B	2.57B	2.92B
(Income) Loss on Equity Invest.	-376K	-157K	141K	-	-
Total Other Non Interest Expense	94.61M	-189M	-164M	-1.46B	-1.21B
Non Interest Expense, Total	3.72B	3.65B	4.16B	3.83B	4.99B
EBT, Excl. Unusual Items	11.48B	10.82B	11.13B	15.45B	24.99B
Impairment of Goodwill	-	-	-	-	-
Asset Writedown	-25.95M	-247M	9.99M	38.62M	-38.83M
Legal Settlements	-12.44M	-1.48M	-2.78M	5.6M	-26.79M
EBT, Incl. Unusual Items	11.44B	10.57B	11.13B	15.49B	24.92B
Income Tax Expense	2.92B	3.08B	3.51B	5.14B	8.69B
Earnings From Continuing Operations	8.52B	7.49B	7.63B	10.35B	16.23B
Net Income to Company	8.52B	7.49B	7.63B	10.35B	16.23B
Minority Interest	-4.37K	7.39K	-70	-107	-144
Net Income - (IS)	8.52B	7.49B	7.63B	10.35B	16.23B
Preferred Dividend and Other Adjustments	1.05B	848M	938M	1.3B	2.07B
Net Income to Common Incl Extra Items	7.47B	6.64B	6.69B	9.06B	14.16B
Net Income to Common Excl. Extra Items	7.47B	6.64B	6.69B	9.06B	14.16B
Per Share Items
Net EPS - Basic	3.47	3.08	3.1	4.2	6.57
Basic EPS - Continuing Operations	3.47	3.08	3.1	4.2	6.57
Basic Weighted Average Shares Outstanding	2.15B	2.15B	2.15B	2.15B	2.15B
Net EPS - Diluted	3.47	3.08	3.1	4.2	6.57
Diluted EPS - Continuing Operations	3.47	3.08	3.1	4.2	6.57
Diluted Weighted Average Shares Outstanding	2.15B	2.15B	2.15B	2.15B	2.15B
Normalized Basic EPS	3.33	3.14	3.23	4.48	7.25
Normalized Diluted EPS	3.33	3.14	3.23	4.48	7.25
Dividend Per Share	-	-	0.75	0.75	-
Payout Ratio	20.14	40.56	11.32	23.31	16.79
Supplemental Items
Effective Tax Rate - (Ratio)	25.53	29.11	31.51	33.18	34.88
Current Domestic Taxes	2.91B	3.03B	3.45B	5.22B	8.78B
Total Current Taxes	2.91B	3.03B	3.45B	5.22B	8.78B
Deferred Domestic Taxes	10.3M	44.48M	60.92M	-82.03M	-90.53M
Total Deferred Taxes	10.3M	44.48M	60.92M	-82.03M	-90.53M
Normalized Net Income	7.18B	6.76B	6.95B	9.65B	15.62B

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	11.29B	9.19B	17.55B	43.92B	50.43B
Investment Securities, Total	88.93B	92.05B	132B	171B	252B
Trading Asset Securities, Total	168M	167M	446M	102M	146M
Total investments	89.1B	92.22B	133B	171B	253B
Gross Loans	161B	173B	183B	228B	267B
Allowance For Loan Losses	-7.32B	-9.19B	-9.95B	-13.89B	-15.86B
Other Adjustments to Gross Loans	-137M	-97.47M	-138M	-175M	-175M
Net Loans	154B	164B	173B	214B	250B
Gross Property Plant And Equipment	7.13B	7.35B	8.35B	9.32B	9.87B
Accumulated Depreciation	-1.67B	-1.93B	-2.22B	-2.54B	-2.9B
Net Property Plant And Equipment	5.46B	5.42B	6.14B	6.78B	6.97B
Other Intangibles, Total	210M	195M	282M	347M	483M
Accrued Interest Receivable	2.52B	2.97B	5.19B	6.31B	7.46B
Other Receivables	344M	689M	3.31B	772M	924M
Restricted Cash	8.06B	13.33B	18.78B	37.22B	55.54B
Other Current Assets, Total	167M	157M	189M	300M	396M
Deferred Tax Assets Long-Term (Collected)	129M	115M	70.6M	58.16M	356M
Other Real Estate Owned And Foreclosed	13.47M	11.47M	138M	136M	39.77M
Other Long-Term Assets, Total	2.2B	2.23B	2.23B	2.47B	3.05B
Total Assets	273B	290B	360B	483B	629B
Liabilities
Accrued Expenses, Total	717M	818M	996M	1.33B	2.01B
Interest Bearing Deposits	191B	200B	260B	358B	475B
Non-Interest Bearing Deposits	31.32B	35.6B	37.54B	51.31B	58.92B
Total Deposits	223B	236B	298B	409B	534B
Short-Term Borrowings	1.69B	1.6B	1.22B	830M	528M
Current Portion of Long-Term Debt	3.89B	1.11B	1.38B	974M	1.64B
Long-Term Debt	1.73B	2.7B	1.5B	2.59B	2.41B
Current Income Taxes Payable	1.1B	1.34B	1.77B	3B	5.57B
Accrued Interest Payable	963M	1.04B	975M	1.45B	2.64B
Unearned Revenue Non Current	130M	98.71M	114M	168M	215M
Pension & Other Post Retirement Benefits	482M	513M	544M	565M	596M
Other Non Current Liabilities	4.49B	5.39B	6.91B	9.33B	12.39B
Total Liabilities	238B	251B	313B	429B	562B
Common Stock, Total	9.79B	10.77B	10.77B	10.77B	10.77B
Retained Earnings	24.96B	28.43B	35.19B	43.04B	56.46B
Comprehensive Income and Other	547M	430M	413M	284M	-597M
Total Common Equity	35.3B	39.64B	46.38B	54.1B	66.64B
Minority Interest	48.48K	41.1K	41.16K	41.27K	-
Total Equity	35.3B	39.64B	46.38B	54.1B	66.64B
Total Liabilities And Equity	273B	290B	360B	483B	629B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	2.15B	2.15B	2.15B	2.15B	2.15B
ECS Total Common Shares Outstanding	2.15B	2.15B	2.15B	2.15B	2.15B
Book Value / Share	16.38	18.39	21.52	25.11	30.92
Tangible Book Value	35.09B	39.44B	46.09B	53.75B	66.15B
Tangible Book Value Per Share	16.29	18.3	21.39	24.94	30.7
Total Debt	7.31B	5.41B	4.1B	4.39B	4.57B
Deposits at Interest - Cash	6.56B	4.69B	12.88B	36.89B	40.66B
Net Debt	-4.14B	-3.94B	-13.89B	-39.63B	-46B
Equity Method Investments, Total	2.81M	2.57M	-	-	-
Full Time Employees	6.79K	6.69K	6.97K	6.97K	7.37K
Number Of Offices	228	232	232	232	235
Assets under Capital Lease - Gross	2.94B	2.83B	3.3B	3.94B	4.27B
Assets under Capital Lease - Accumulated Depreciation	-	-	-	-	-

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	8.52B	7.49B	7.63B	10.35B	16.23B
Depreciation, Depletion & Amortization	229M	267M	320M	355M	369M
Total Depreciation, Depletion & Amortization	229M	267M	320M	355M	369M
Amortization of Deferred Charges, Total	60.59M	68.56M	78.69M	88.08M	110M
(Gain) Loss On Sale of Asset - (CF)	-2.9M	-8.16M	-13.12M	-779K	-10.08M
(Gain) Loss on Sale of Investments - (CF)	-79.64M	-97.48M	-193M	-1.66B	-1.57B
Total Asset Writedown	-	-246K	-2.17M	607K	3.84M
Provision for Credit Losses	488M	1.87B	781M	2.63B	986M
(Income) Loss On Equity Investments - (CF)	-376K	-157K	141K	-	-
Change in Trading Asset Securities	-23.74M	13.13M	-369M	340M	-96.53M
Change in Other Net Operating Assets (Collected)	-15.51B	-25.72B	-18.46B	-80.45B	-146B
Other Operating Activities	1.07B	814M	1.16B	1.38B	2.76B
Cash from Operations	-5.25B	-15.3B	-9.08B	-66.97B	-127B
Capital Expenditure	-613M	-403M	-728M	-515M	-476M
Sale of Property, Plant, and Equipment	3.25M	8.5M	13.15M	1.04M	10.11M
Cash Acquisitions	-	-	-	-	-41.42K
Investment in Marketable and Equity Securities, Total	-2.46B	-6.78B	-42.28B	-15.2B	13.24B
Other Investing Activities, Total	49.72M	35.58M	45.43M	41.81M	84.13M
Cash from Investing	-3.02B	-7.14B	-42.95B	-15.67B	12.86B
Long-Term Debt Issued, Total	386M	-	-	677M	486M
Total Debt Issued	386M	-	-	677M	486M
Long-Term Debt Repaid, Total	-	-1.82B	-922M	-	-
Total Debt Repaid	-	-1.82B	-922M	-	-
Common Dividends Paid	-1.72B	-3.04B	-863M	-2.41B	-2.72B
Common & Preferred Stock Dividends Paid	-1.72B	-3.04B	-863M	-2.41B	-2.72B
Net Increase (Decrease) in Deposit Accounts - (CF)	2.84B	25.2B	62.17B	111B	123B
Cash from Financing	1.51B	20.34B	60.38B	109B	121B
Net Change in Cash	-6.76B	-2.1B	8.36B	26.37B	6.51B
Supplemental Items
Cash Income Tax Paid (Refund)	2.52B	2.79B	3.02B	4B	6.22B
Net Debt Issued / Repaid	386M	-1.82B	-922M	677M	486M

Fiscal Period: December	2015	2019	2020	2021	2022	2023
Profitability
Return on Assets		3.21	2.66	2.35	2.46	2.92
Return On Equity %		26.65	19.99	17.73	20.6	26.88
Return on Common Equity		23.37	17.73	15.55	18.03	23.46
Shareholders Value Added		4.68B	3B	2.47B	4.32B	8.98B
Margin Analysis
SG&A Margin		23.87	26.53	28.26	27.44	20.69
Net Interest Income / Total Revenues %		90.77	101.44	100.67	103.85	103.32
EBT Excl. Non-Recurring Items Margin %		75.51	74.78	72.81	80.11	83.36
Income From Continuing Operations Margin %		56.04	51.79	49.9	53.68	54.14
Net Income Margin %		56.04	51.79	49.9	53.68	54.14
Net Avail. For Common Margin %		49.14	45.93	43.77	46.96	47.24
Normalized Net Income Margin		47.19	46.74	45.51	50.07	52.1
Asset quality
Nonperforming Loans / Total Loans %		2.79	3	3.81	5.05	5.51
Nonperforming Loans / Total Assets %		1.65	1.79	1.94	2.38	2.34
Nonperforming Assets / Total Assets %		1.65	1.79	1.98	2.41	2.34
NPAs / Loans and OREO		2.8	3.01	3.89	5.1	5.53
NPAs / Equity		12.77	13.11	15.34	21.53	22.1
Allowance for Credit Losses / Net Charge-offs %		3.51K	3.32K	662.03	1.29K	345.56
Allowance for Credit Losses / Nonperforming Loans %		162.87	177.09	142.56	120.62	107.98
Allowance for Credit Losses / Total Loans %		4.55	5.31	5.44	6.09	5.95
Provision for Loan Losses / Net Charge-offs %		333.97	772.36	151.28	345.37	123.59
Capital And Funding
Total Average Common Equity / Total Average Assets %		12.03	13.31	13.24	11.92	10.86
Total Average Equity / Total Average Assets %		12.03	13.31	13.24	11.92	10.86
Total Equity + Allowance for Loan Losses / Total Loans %		26.48	28.23	30.79	29.81	30.95
Gross Loans / Total Deposits %		72.35	73.3	61.43	55.76	49.9
Net Loans / Total Deposits %		69	69.36	58.04	52.32	46.9
Tier 1 Capital Ratio %		19.72	21.09	22.3	22.35	24.19
Total Capital Ratio %		20.65	21.92	22.79	22.99	25.09
Tier 2 Capital Ratio		0.93	0.84	0.48	0.63	0.89
Coverage Ratio		162.87	177.09	142.56	120.62	107.98
Interbank Ratio		15.64	52.09	102.86	267.9	383.87
Fixed Charges Coverage
EBT + Interest Expense / Interest Expense		1.61	1.66	1.66	1.64	1.54
Growth Over Prior Year
Net Interest Income, 1 Yr. Growth %		24.17	6.3	4.86	30.15	54.65
Non Interest Income, 1 Yr. Growth %		1.25	-8.18	12.5	37.44	56.85
Provision For Loan Losses, 1 Yr. Growth %		31.47	206.52	6.37	63.93	52.26
Total Revenues, 1 Yr. Growth %		20.11	-4.88	5.66	26.16	55.46
Earnings From Cont. Operations, 1 Yr. Growth %		18.35	-12.09	1.8	35.72	56.79
Net Income, 1 Yr. Growth %		18.35	-12.09	1.8	35.72	56.79
Normalized Net Income, 1 Yr. Growth %		16.71	-5.8	2.87	38.82	61.76
Diluted EPS Before Extra, 1 Yr. Growth %		20.29	-11.1	0.68	35.38	56.38
Dividend Per Share, 1 Yr. Growth %		-	-	-	0	-
Gross Loans, 1 Yr. Growth %		11.86	7.41	5.78	24.66	16.88
Allowance For Loan Losses, 1 Yr. Growth %		27.18	25.49	8.29	39.59	14.24
Net Loans, 1 Yr. Growth %		11.28	6.58	5.62	23.8	17.07
Non Performing Loans, 1 Yr. Growth %		29.13	15.41	34.53	64.97	27.62
Non Performing Assets, 1 Yr. Growth %		29.23	15.32	36.88	63.68	26.47
Total Assets, 1 Yr. Growth %		5.62	6.28	23.92	34.41	30.1
Total Deposits, 1 Yr Growth %		2.65	6.02	26.22	37.34	30.61
Tangible Book Value, 1 Yr. Growth %	</