Metrics to compare | ABCB | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipABCBPeersSector | |
|---|---|---|---|---|
P/E Ratio | 4.3x | 12.3x | 10.0x | |
PEG Ratio | −0.21 | 0.20 | 0.03 | |
Price/Book | 0.2x | 1.0x | 1.0x | |
Price / LTM Sales | 0.8x | 2.6x | 2.9x | |
Upside (Analyst Target) | - | 6.0% | 14.0% | |
Fair Value Upside | Unlock | 3.9% | 2.4% | Unlock |
Arab Banking Corporation (B.S.C.), together with its subsidiaries, provides various banking products and services in Bahrain and internationally. It operates through five segments: MENA Subsidiaries, International Wholesale Banking, Group Treasury, ABC Brasil, and Other. The company offers consumer banking products, including term deposits; current, savings, and call accounts; personal, home, and car loans; and credit and visa electron cards. It also provides transaction banking solutions for trade finance, supply chain finance, and cash management; various financing products and advisory services; capital markets products, such as loans, bonds, and sukuks; financial markets, treasury, and liquidity products, as well as structuring and Islamic solutions; real estate finance comprising commercial investment and development, as well as residential development and for sale; Sharia compliant banking solutions; and digital corporate onboarding services. The company was incorporated in 1980 and is based in Manama, the Kingdom of Bahrain.