Ahli Bank of Kuwait - NIM Resilience, RotE Trajectory Positive, Maintain Hold on Valuation
We raise our FY26e earnings forecasts by 36%, driven by stronger NII and lower credit costs after stronger YtD trend and H2e outlook.
92 Views
Capital Bank of Jordan (Buy, JOD 4.2/share) Earnings Review - Resilient returns, valuation...
We forecast RotE26e of 16.9% and earnings growth of -8% vs RotE of 8.6% and EPS growth of -9% in H1 26, with H2e outlook supported by a healthy...
87 Views
Al Salam Bank - Strong Returns Underpin Valuation Despite Q2 Funding-Cost Pressure; Maintain BUY
Maintain TP at BHD0.30 despite lowering our FY26e NIM by 26bps and EPS forecasts by 10% amid geopolitical pressures and temporary CoF pressure.
90 Views
APM Terminals Bahrain (Hold, BHD 1.035/Share) - Initiation Report - Initiate on Bahrain’s...
We expect a weak FY 26e thanks to recent disruptions, that should be followed by recovery in FY 27e on 30% higher revenues as trading activity...
93 Views