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ARAB BANK Financial

Trading Information in the Regular Market

2021 2020 2019
Par Value/Share (JD) 1.00 1.00 1.00
Closing Price (JD) 4.89 4.12 5.75
Value Traded (JD) 134,498,962 98,168,698 347,311,905
No. of Shares Traded 29,577,384 21,522,546 58,991,166
No. of Transactions 23,849 14,640 17,749
No. of Subscribed Shares 640,800,000 640,800,000 640,800,000
Market Capitalization (JD) 3,133,512,000 2,640,096,000 3,684,600,000
Fiscal Year Ended 31/12/2021 31/12/2020 31/12/2019

Assets (JD)

2021 2020 2019
Cash and Balances at Central Banks 5,685,990,000 4,833,256,000 3,752,594,000
Balances at Banks and Financial Institutions 2,641,667,000 3,498,702,000 3,264,458,000
Deposite at Banks and Financial Institutions 63,964,000 63,451,000 164,609,000
Financial Assets at Fair Value Through Profit 3,353,000 48,657,000 169,020,000
Financial Assets at Fair Value Through Other Comprehensive Income 133,601,000 154,564,000 157,764,000
Financial Assets at Amortized Cost 5,822,079,000 5,078,701,000 5,183,740,000
Investments in Affiliates 1,048,722,000 1,074,381,000 921,524,000
Direct Credit Facilities,Net 11,445,175,000 11,649,462,000 11,926,366,000
Provision for Credit Facilities 1,283,630,000 1,095,271,000 895,246,000
Interests in Suspense 396,492,000 338,318,000 296,919,000
Deferred Income Tax Assets 159,012,000 138,612,000 96,069,000
Fixed Assets,Net 215,995,000 225,022,000 228,723,000
Other Assets 395,921,000 424,285,000 463,818,000
Total Assets 27,615,479,000 27,189,093,000 26,328,685,000

Liabilities (JD)

2021 2020 2019
Customers Deposits 18,981,110,000 18,483,736,000 17,425,837,000
Banks & Financial Institutions Deposits 2,205,560,000 2,031,064,000 1,980,915,000
Cash Margins 1,535,811,000 1,672,994,000 2,081,052,000
Loans and Borrowing 323,991,000 352,203,000 181,582,000
Deferred Income Tax liabilities 2,894,000 2,123,000 1,197,000
Other Liabilities 750,093,000 794,404,000 862,860,000
Total Liabilities 23,799,459,000 23,336,524,000 22,533,443,000

Shareholders Equity (JD)

2021 2020 2019
Authorized Capital 640,800,000 640,800,000 640,800,000
Subscribed Capital 640,800,000 640,800,000 640,800,000
Paid in Capital 640,800,000 640,800,000 640,800,000
Legal Reserve 640,800,000 640,800,000 640,800,000
Voluntary Reserve 614,920,000 614,920,000 614,920,000
Other Reserves 692,189,000 692,189,000 692,490,000
Issuance Premium 859,626,000 859,626,000 859,626,000
Issuance Discount 0 0 0
Treasury Stocks 0 0 0
Cash Dividends 128,160,000 76,896,000 0
Stock Dividends 0 0 0
Foreign Currencies Translation -260,168,000 -159,966,000 -198,397,000
Accumulated Change in Fair Value -238,493,000 -215,968,000 -214,946,000
Retained Earnings 738,186,000 703,272,000 759,949,000
Total Shareholders Equity 3,816,020,000 3,852,569,000 3,795,242,000
Non-controlling Interest 0 0 0
Total Liabilities & Shareholders Equity 27,615,479,000 27,189,093,000 26,328,685,000

Income Statement (JD)

2021 2020 2019
Interest Income 967,477,000 1,141,265,000 1,377,051,000
Interest Expense 343,843,000 462,421,000 602,140,000
Net Interest Income 623,634,000 678,844,000 774,911,000
Net Commissions Income 141,531,000 128,404,000 146,471,000
Interests & Commissions, Net 765,165,000 807,248,000 921,382,000
Gains from Financial Assets and Instruments 3,856,000 5,776,000 8,089,000
Gains from Foreign Currencies 47,816,000 43,302,000 50,411,000
Other Revenues 114,836,000 72,472,000 136,841,000
Total Income 931,673,000 928,798,000 1,116,723,000
Employees Expenses 219,214,000 230,016,000 232,255,000
Depreciation & Amortization 33,507,000 32,888,000 31,563,000
Other Expenses 170,119,000 173,014,000 164,942,000
Provision for Direct Credit and Facilities (period) 0 0 118,858,000
Sundry Provisions 298,291,000 424,259,000 12,885,000
Bad Debts Written Off 0 0 0
Total Expenses 721,131,000 860,177,000 560,503,000
Net Income Before Tax 210,542,000 68,621,000 556,220,000
Income Tax (period) 54,441,000 46,821,000 132,660,000
Income Tax (Previous Years) 0 0 0
Universities and Research Train Fees 0 0 0
Board of Directors Remuniration 0 0 0
Net Income 156,101,000 21,800,000 423,560,000
Non-controlling Interest 0 0 0
Net Income Pertains to Shareholders 156,101,000 21,800,000 423,560,000

Cash Flow (JD)

2021 2020 2019
Cash Balance (Beginning) 6,970,506,000 5,117,410,000 4,647,620,000
Net Cash Flow from (Used in) Operating Activities 294,622,000 1,670,454,000 819,824,000
Net Cash Flow from (Used in) Investing Activities -696,707,000 22,431,000 -102,719,000
Net Cash Flow from (Used in) Financing Activities -106,030,000 169,963,000 -246,412,000
Differences in Exchange -56,157,000 -9,752,000 -903,000
Cash Balance (Ending) 6,406,234,000 6,970,506,000 5,117,410,000

Financial Ratios

2021 2020 2019
Turnover Ratio % 4.620 3.360 9.210
Earning Per Share (JD) 0.240 0.030 0.660
Dividend Per Share (JD) 0.200 0.120 0.000
Book Value Per Share (JD) 5.960 6.010 5.920
Price Earnings Ratio (Times) 20.070 121.110 8.700
Dividend Yield % 4.090 2.910 0.000
Dividend Per Share to Earning Per Share % 82.100 352.730 0.000
Price to Book Value (Times) 0.820 0.690 0.970
Return On Assets % 0.570 0.080 1.610
Return On Equity % 4.090 0.570 11.160
Net Interest and Commissions Income/Total Income % 82.130 86.910 82.510
Credit Interest/Credit Facilities, Net % 8.450 9.800 11.550
Net Income / Total Income % 16.750 2.350 37.930
Total Income / Total Assets % 3.370 3.420 4.240
(Provision for Credit Facilities+Interest in Suspense)/Credit Facilities % 14.680 12.310 10.000
Equity Ratio % 13.820 14.170 14.410
Shareholders Equity /Total Deposits % 18.010 18.780 19.560
Debt Ratio % 86.180 85.830 85.590
Total Deposits/Total Assets % 76.720 75.450 73.710
Net Credit Facilities to Total Assets % 41.440 42.850 45.300
Net Credit Facilities to Total Deposits % 54.020 56.790 61.450
Shareholders Equity to Credit Facilities,Net % 33.340 33.070 31.820
Quick Ratio (Times) 0.400 0.410 0.380
Cash & Investments to Total Deposits % 72.680 71.910 70.150
Cash + Trading Investments / Total Deposits (Times) 0.390 0.410 0.370