National Bank of Ras Al Khaimah PSC
National Bank of Ras Al Khaimah PSC operates as a commercial bank within the Financials sector, generating revenue through interest income and banking services.
Business. National Bank of Ras Al Khaimah PSC (RAKBANK.AD) 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 and geographic mix are not available. The bank is identified by the ticker symbol RAKBANK.AD.
Analyst recommendations
4 analysts · consensus BuyAt a glance
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- 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
Signals & dispatch
Composite-score breakdown
Synthesis
National Bank of Ras Al Khaimah PSC (RAKBANK.AD) 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 and geographic mix are not available. The bank is identified by the ticker symbol RAKBANK.AD.
National Bank of Ras Al Khaimah PSC maintains a capital structure defined by total assets of 105.02 billion AED and total equity of 14.71 billion AED. The bank carries long-term debt of 10.34 billion AED, resulting in a debt-to-equity ratio of 0.7. Liquidity is assessed as medium, with a key flag noting that net cash is negative after subtracting total debt. Operating cash flow stands at 5.90 billion AED, while free cash flow is 1.50 billion AED, supported by capital expenditures of -281.00 million AED.
Profitability metrics indicate a return on equity of 19.73% and a return on assets of 2.76%. The bank reported net income of 2.60 billion AED against revenue of 3.69 billion AED. Without specific cohort median data provided in the input, these returns are evaluated solely on their absolute magnitude, showing a strong net income margin relative to total revenue.
- The bank generates 2.60 billion AED in net income on 3.69 billion AED in revenue, yielding a high net margin.
- Return on equity is 19.73%, indicating efficient use of shareholder capital.
- Debt-to-equity ratio of 0.7 reflects moderate leverage, but net cash is negative after debt subtraction.
- Analyst sentiment is neutral with a mean recommendation of 2.50 and a mean price target of 11.28 AED.
- Dilution risk is low as basic and diluted share counts are identical.
Bull / Bear case
Generated · model-assistedNet income surged 25.5% year-over-year to AED 2.6 billion, demonstrating strong profitability growth.
Analysts project 31.1% upside to a mean price target of AED 11.28.
Total assets grew 18.9% year-over-year, reflecting robust balance sheet expansion.
Long-term debt increased to AED 8.6 billion, raising leverage concerns.
Debt-to-equity ratio of 0.7 exceeds the cohort median of 0.29.
Revenue growth slowed to 3.5% year-over-year, indicating decelerating top-line momentum.
The company faces a medium level of liquidity risk.
In focus — financials by report
Revenue AED 946.5M, +9,2% YoY; Net income +43,0% YoY.
- ▍Revenue AED 946.5M, +9,2% YoY
- ▍Net income +43,0% YoY
- ▍Free cash flow −141,4% YoY
- ▍Net margin 106.1%
Revenue AED 960.8M, +6,9% YoY; Net income +36,6% YoY.
- ▍Revenue AED 960.8M, +6,9% YoY
- ▍Net income +36,6% YoY
- ▍Free cash flow +39,8% YoY
- ▍Net margin 54.8%
Revenue AED 948.9M, +5,2% YoY; Net income +18,0% YoY.
- ▍Revenue AED 948.9M, +5,2% YoY
- ▍Net income +18,0% YoY
- ▍Free cash flow +24,0% YoY
- ▍Net margin 74.3%
Revenue AED 909.0M, +3,0% YoY; Net income +29,2% YoY.
- ▍Revenue AED 909.0M, +3,0% YoY
- ▍Net income +29,2% YoY
- ▍Free cash flow −170,6% YoY
- ▍Net margin 73.3%
Revenue AED 866.9M; Net margin 81.0%.
- ▍Revenue AED 866.9M
- ▍Net margin 81.0%
Revenue AED 898.6M; Net margin 42.9%.
- ▍Revenue AED 898.6M
- ▍Net margin 42.9%
Revenue AED 901.7M; Net margin 66.3%.
- ▍Revenue AED 901.7M
- ▍Net margin 66.3%
Revenue AED 882.3M; Net margin 58.5%.
- ▍Revenue AED 882.3M
- ▍Net margin 58.5%
Revenue AED 3.69B, +3,5% YoY; Net income +25,5% YoY.
- ▍Revenue AED 3.69B, +3,5% YoY
- ▍Net income +25,5% YoY
- ▍Free cash flow +8,4% YoY
- ▍Net margin 70.6%
Revenue AED 3.56B, +6,8% YoY; Net income +16,2% YoY.
- ▍Revenue AED 3.56B, +6,8% YoY
- ▍Net income +16,2% YoY
- ▍Free cash flow +13,7% YoY
- ▍Net margin 58.2%
Revenue AED 3.34B, +34,0% YoY; Net income +52,4% YoY.
- ▍Revenue AED 3.34B, +34,0% YoY
- ▍Net income +52,4% YoY
- ▍Free cash flow +43,0% YoY
- ▍Net margin 53.5%
Revenue AED 2.49B, +14,8% YoY; Net income +54,8% YoY.
- ▍Revenue AED 2.49B, +14,8% YoY
- ▍Net income +54,8% YoY
- ▍Free cash flow +39,7% YoY
- ▍Net margin 47.0%
Valuation TTM
Revenue by segment
Business relationships
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Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | 1,28 |
| Revenue | —no estimate | —no estimate | 5,8B AED |
| Operating income | —no estimate | —no estimate | 4,7B AED |
Options
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sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
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Risk factors
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
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- National Bank of Ras Al Khaimah PSC Market data — financials · 2026-07-08
- National Bank of Ras Al Khaimah PSC Market data — analyst estimates · 2026-07-08
- National Bank of Ras Al Khaimah PSC Market data — ESG · 2026-07-08