- Comm. Bank of Dubai reported a net income of 828 million dirhams for the first quarter.
- The operating profit for the bank was noted at 1.00 billion dirhams.
- Operating expenses were recorded at 370 million dirhams.
- The bank’s total assets were valued at 141.1 billion dirhams.
- Current analyst ratings for the bank include two buy recommendations and one hold, with no sell recommendations.
A look at Commercial Bank of Dubai Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Commercial Bank of Dubai PSC attracts deposits and offers retail and commercial banking services. The Bank offers consumer loans, credit cards, foreign exchange, and business loans and services.
Looking at the Smartkarma Smart Scores for Commercial Bank of Dubai, the outlook appears positive for the long term. With a strong momentum score of 5, the bank is showing good growth potential and market performance. Coupled with above-average scores in Dividend and Growth factors, investors may find the company attractive for potential returns. While the Value and Resilience scores are not the highest, they still suggest a stable investment opportunity. All in all, the Smart Scores indicate a promising future for Commercial Bank of Dubai in the long run.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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