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ENBD.DU Banks

Emirates Nbd Bank PJSC

$27,70
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Mcap
P/E
EV / Rev
Div yield
3,24 %
Op margin
ROE
16,7 %
Net margin
66,2 %
Debt / equity
0,73
Beta
52w range
Volume
Day range
Prev close
Open
Next earnings
Ex-dividend
TR 1Y
About

Emirates NBD Bank PJSC operates as a commercial bank within the Financials sector, generating revenue through interest income and fee-based banking services.

Business. Emirates Nbd Bank PJSC (ENBD.DU) is a commercial bank operating within the Banking Services industry group. The company generates revenue primarily through interest income, consistent with standard commercial banking models. Specific details regarding its operating segments, headquarters location, and primary stock exchange listing are not provided in the available data. Consequently, the description is limited to its industry classification and general business activity.

Classification89 %
SectorFinancials
Business sectorBanking & Investment Services
Industry groupBanking Services
IndustryBanks
ActivityCommercial Banks
Generated · model-assisted
Sell-side consensus
BUY15 analysts
10 buy5 hold0 sell
Avg 12m price target33,77

Analyst recommendations

15 analysts · consensus Buy
Buy10
Hold5
Sell0
12-month price target
33,77
Consensus of sell-side coverage.
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
Buy
15 analysts · indicative
Ownership
not yet wired
Profitability
16,7 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning ENBD.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials · THIS SECTOR−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to ENBD.DU. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Peers
    • DividendDividend USD 1.75/sh2026-09-25 · Bank of America (BAC)
    • EarningsQ3 2026 earnings (expected)2026-10-13 · estimated · JPMorgan Chase (JPM)
    • EarningsQ3 2026 earnings (expected)2026-10-13 · estimated · Citigroup (C)
    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    Emirates Nbd Bank PJSC (ENBD.DU) is a commercial bank operating within the Banking Services industry group. The company generates revenue primarily through interest income, consistent with standard commercial banking models. Specific details regarding its operating segments, headquarters location, and primary stock exchange listing are not provided in the available data. Consequently, the description is limited to its industry classification and general business activity.

    Classification89 %
    SectorFinancials
    Business sectorBanking & Investment Services
    Industry groupBanking Services
    IndustryBanks
    ActivityCommercial Banks
    AI synthesis
    GENERATED
    — missing data
    Key takeaways
    • Emirates NBD reports a robust return on equity of 16.72% and net income of AED 23.98 billion.
    • The bank carries a debt-to-equity ratio of 0.73 with long-term debt of AED 105.2 billion.
    • Liquidity risk is rated medium due to negative net cash after debt subtraction.
    • Dilution risk is low, with no difference between basic and diluted share counts.
    • Analyst sentiment is moderately positive with a mean recommendation of 2.20 and a mean price target of 33.77 AED.

    Bull / Bear case

    Generated · model-assisted
    BULL CASE · 3

    Net income grew at a 26.7% CAGR over four years, reaching AED 23.98 billion in FY2026.

    Fifteen analysts maintain a buy recommendation, implying 21.9% upside from the current market price.

    Total assets expanded at a 14.1% CAGR, reaching AED 1.16 trillion in FY2026.

    BEAR CASE · 5

    Cash conversion ratio of -0.79 places the bank in the bottom quartile of its peer cohort.

    Long-term debt increased to AED 105.17 billion in FY2026, up from AED 69.42 billion in FY2022.

    Debt-to-equity ratio of 0.73 is below the cohort median, indicating higher leverage than peers.

    The company faces a medium level of liquidity risk according to internal risk flag assessments.

    Net income growth slowed to 4.4% year-over-year in FY2026, down from higher historical rates.

    In focus — financials by report

    Quarterly
    Annual
    QUARTERLYFiled 2026-04-23
    Q1 2026 · Quarter highlights

    Revenue AED 9.49B, +12,2% YoY; Net income +3,0% YoY.

    RevenueAED 9.49B+12,2 % YoY
    Operating income
    Net incomeAED 6.40B+3,0 % YoY
    Free cash flowAED 437.0M+126,4 % YoY
    EPS
    Operating cash flow-AED 4.66B−10,5 % YoY
    Financials
    Income statement
    RevenueAED 9.49B
    Gross profit
    Operating income
    Net incomeAED 6.40B
    Margins
    Gross margin
    Operating margin
    Net margin67.5%
    FCF margin4.6%
    Balance sheet
    Total assetsAED 1.22T
    Total liabilitiesAED 1.07T
    Total equityAED 144.20B
    Cash & equivalents
    Long-term debtAED 94.23B
    Cash flow
    Operating cash flow-AED 4.66B
    CapEx
    Free cash flowAED 437.0M
    SBC
    Highlights
    • Revenue AED 9.49B, +12,2% YoY
    • Net income +3,0% YoY
    • Free cash flow +126,4% YoY
    • Net margin 67.5%

    Valuation TTM

    Market price
    $27,70
    Market cap
    Enterprise value
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    P / Tangible book
    Tangible book
    $144.58B
    Net cash
    -$105.17B
    Current ratio
    Debt / equity
    0.7
    ROA
    2.1%
    ROE
    16.7%
    Cash conversion
    -79.0%
    CapEx / revenue
    -1.9%
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Commercial Banking
    low · llm_fanout_v2
    Corporate & Institutional Banking
    low · llm_fanout_v2
    Corporate & Investment Banking
    low · llm_fanout_v2
    Private Banking & Wealth Management
    low · llm_fanout_v2
    Retail Banking Services
    low · llm_fanout_v2

    Market share

    — missing data

    Business relationships

    Business relationships3 disclosed relationships · 1 type · extracted from filings & disclosures
    Competitors3
    Bank Of America CorpBAC.OCompetitor50%
    CITIGROUP INC.C.NCompetitor50%
    JPMORGAN CHASE & CO.JPM.NCompetitor50%

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Next quarternear-term
    Earnings · next quarterconf 44 %
    EPS
    Consensus EPS
    3,69
    Predicted surprise
    -0,00
    Beat probability
    44 %
    Analysts
    15
    Other metrics
    Revenue
    no estimate
    Segment revenue
    no estimate
    Margin
    no estimate
    Segment margin
    no estimate
    revision ratio -0,02 · as of 2026-07-11 · Earnings Surprise V1
    Period note: consensus is not fiscal-period-aligned at source — read as consensus vs the last reported actual, not a calibrated same-quarter surprise.
    Full fiscal year~1 year ahead
    Full fiscal year · our forecast vs guidance vs consensus
    MetricOur forecastGuidanceConsensus
    EPSno estimateno estimate3,69
    Revenueno estimateno estimate54,7B AED
    Operating incomeno estimateno estimate35,8B AED
    Full-year consensus mean (period as reported by source) · consensus in AED. Company-level full-year forecast and management guidance are not yet modelled at scale — shown as "no estimate", never inferred.
    Probabilistic model output — not investment advice. · generated 2026-08-04

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Consensus distribution

    sell-side coverage
    Recommendation distribution15 analysts
    Strong buy2
    Buy8
    Hold5
    Sell0
    Strong sell0
    12-month price target$33,77 · Median $33,63
    Low $27,00High $46,20
    Operating income · consensus35,8B AED
    EPS surprise
    +0,6 %
    reported vs consensus · beat
    Revenue surprise
    −9,8 %
    reported vs consensus · miss

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    Low$27,00
    Mean$33,77
    Median$33,63
    High$46,20
    Spot$27,70
    +21.9 %implied to mean12-month sell-side price targets · ▲ spot

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Net Margin66,1 %Above P75
    ROE16,7 %Best in class
    Capex / Rev-1,9 %Above median
    D/E0,73Below median
    Cash Conv-0,79Bottom quartile

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    • Reference data
    How metrics are computed
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Return On Assets
      net_income / total_assets
    • Return On Equity
      net_income / total_equity
    Source documents
    • Emirates Nbd Bank PJSC Market data — financials · 2026-07-11
    • Emirates Nbd Bank PJSC Market data — analyst estimates · 2026-07-11
    • Emirates Nbd Bank PJSC Market data — ESG · 2026-07-11
    • Emirates Nbd Bank PJSC — company reference export (2026-07-05) · 2026-07-11

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    ENBD.DUCanonical
    — · USD

    Intel & risk

    PredictorBeat prob44 %Surprise-0,00Full forecast →
    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.
    Relationship graph
    ENBDJPMBACCBanks
    This companyPeerSector

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (90d)
    2026-04-23 13:32 UTCEARNINGSQuarterly results — Q1 2026 Revenue AED 9.49B · Net AED 6.40B
    2026-01-26 22:13 UTCEARNINGSQuarterly results — Q4 2025 Revenue AED 9.71B · Net AED 5.04B
    2026-01-26 22:13 UTCEARNINGSAnnual results — FY 2026 Revenue AED 35.50B · Net AED 23.98B
    2025-10-23 14:31 UTCEARNINGSQuarterly results — Q3 2025 Revenue AED 8.96B · Net AED 6.42B
    2025-07-24 08:40 UTCEARNINGSQuarterly results — Q2 2025 Revenue AED 8.38B · Net AED 6.30B
    2025-04-22 12:16 UTCEARNINGSQuarterly results — Q1 2025 Revenue AED 8.46B · Net AED 6.21B
    2025-01-29 04:00 UTCEARNINGSQuarterly results — Q4 2024 Revenue AED 8.57B · Net AED 3.98B
    2025-01-29 04:00 UTCEARNINGSAnnual results — FY 2025 Revenue AED 32.40B · Net AED 22.97B
    2024-10-17 04:53 UTCEARNINGSQuarterly results — Q3 2024 Revenue AED 8.48B · Net AED 5.23B
    2024-07-18 04:57 UTCEARNINGSQuarterly results — Q2 2024 Revenue AED 7.94B · Net AED 7.06B
    2024-01-25 05:32 UTCEARNINGSAnnual results — FY 2024 Revenue AED 30.08B · Net AED 21.48B
    2023-01-26 07:07 UTCEARNINGSAnnual results — FY 2023 Revenue AED 23.22B · Net AED 16.10B
    2022-01-26 04:38 UTCEARNINGSAnnual results — FY 2022 Revenue AED 16.92B · Net AED 9.30B
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data · Reference data Premium coverage