- National Bank of Bahrain reported a net income of 81.9 million dinars for the fiscal year, marking an increase of 3.5% compared to the previous year.
- Earnings per Share (EPS) increased to 0.0360 dinars, slightly up from 0.0350 dinars last year.
- The bank’s net interest income rose by 1.4% to 143.4 million dinars.
- Operating income experienced a growth of 4.2%, reaching 191.7 million dinars.
- The dividend per share increased to 0.0350 dinars from 0.0300 dinars the previous year.
- Total assets of the bank climbed to 5.52 billion dinars, a growth of 2.8% year-over-year.
- Loans expanded significantly by 19%, reaching a total of 3.02 billion dinars.
- Total deposits increased by 6.8%, amounting to 3.74 billion dinars.
- As per analyst recommendations, there are no “buy” ratings, one “hold,” and no “sell” ratings.
A look at National Bank of Bahrain BSC Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.8 |
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
As per the Smartkarma Smart Scores, National Bank of Bahrain BSC shows a mixed long-term outlook across various factors. While the company receives a moderate score for its value and resilience, indicating some room for improvement in these areas, it boasts stronger scores for growth and momentum. This suggests that the bank may have promising prospects for expansion and is currently displaying positive momentum in the market.
National Bank of Bahrain BSC, a provider of commercial and retail banking services in Bahrain, maintains a diversified portfolio of offerings with a focus on corporate banking, retail banking, trade finance, and investment services. With its solid growth and momentum scores, the bank appears to be well-positioned for future development and potential market success. Investors may find the company’s growth prospects and current market momentum attractive for long-term investment considerations.
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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
