FGB - First Gulf Bank

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Share price 15 Apr 2009 11.55 dhs
Price/earnings (annualised)
Latest report FGB 2008 FY report
Stock market Abu Dhabi Securities Exchange
Founding date 01 Jan 1979 Listing date 15 Mar 2002
Auditor  
Chairman of FGB Sheikh Hazza Bin Zayed Al Nahyan
CEO of FGB Andre Sayegh
Foreign ownership limit Maximum 30%
Total shares outstanding 1,375,000,000
Market capitalisation (AED) 15,881,250,000
Par value 1 Dh per share
Dividends for 2008 FY (2009 n/a) 35% cash dividend
Cash dividend yield 3.0%
Fair Value estimate
Share price rating  
Difference from fair value
Consider buying below
Consider selling above
Latest share data for FGB orders | trades | chart
Ratings, estimates, comments are opinions only, and are not to be taken as advice to buy, sell or hold shares. E&OE.
FGB reports
* annualised
Date Profit
AED
EPS
AED
EPS*
AED
Price
AED
PE* PBV ROE* ROS
FGB 2008 FY 27 Jan 2009 3.01bn 2.19 2.19 7.40 3.4 0.6 18.1%  
FGB 2008 Q4 27 Jan 2009 0.67bn 0.49 1.95 7.40 3.8 0.6 16.2%  
FGB 2008 Q3 21 Oct 2008 0.85bn 0.62 2.47 13.85 5.6 1.2 21.6% 65.6%
FGB 2008 Q2 09 Jul 2008 0.81bn 0.59 2.35 27.10 11.5 3.3 28.6% 74.5%
FGB 2008 Q1 09 Apr 2008 0.68bn 0.49 1.96 20.15 10.3 2.6 25.7% 68.1%
FGB 2007 FY 29 Jan 2008 2.01bn 1.61 1.61 23.15 14.4 2.9 19.8% 55.7%
FGB 2007 Q4 29 Jan 2008 0.62bn 0.50 1.99 23.15 11.6 2.9 24.6% 59.3%
FGB 2007 Q3 23 Oct 2007 0.51bn 0.41 1.62 18.80 11.6 2.5 21.2% 51.5%
FGB 2007 Q2 25 Jul 2007 474m 0.38 1.52 14.75 9.7 2.0 21.0% 58.2%
FGB 2007 Q1 17 Apr 2007 406m 0.32 1.30 11.70 9.0 1.7 19.0% 47.5%
FGB 2006 FY 23 Jan 2007 1.54bn 1.23 1.23 12.85 10.5 1.8 17.1% 74.3%
FGB 2005 FY 1.06bn           13.5% 74.2%
FGB 2004 FY 245m              
Share price 15 Apr 2009 11.55 dhs
Price/earnings (annualised)
Latest report FGB 2008 FY report
Stock market Abu Dhabi Securities Exchange
Founding date 01 Jan 1979 Listing date 15 Mar 2002
Auditor  
Chairman of FGB Sheikh Hazza Bin Zayed Al Nahyan
CEO of FGB Andre Sayegh
Foreign ownership limit Maximum 30%
Total shares outstanding 1,375,000,000
Market capitalisation (AED) 15,881,250,000
Par value 1 Dh per share
Dividends for 2008 FY (2009 n/a) 35% cash dividend
Cash dividend yield 3.0%
Fair Value estimate
Share price rating  
Difference from fair value
Consider buying below
Consider selling above
Latest share data for FGB orders | trades | chart
Ratings, estimates, comments are opinions only, and are not to be taken as advice to buy, sell or hold shares. E&OE.
FGB reports
* annualised
Date Profit
AED
EPS
AED
EPS*
AED
Price
AED
PE* PBV ROE* ROS
FGB 2008 FY 27 Jan 2009 3.01bn 2.19 2.19 7.40 3.4 0.6 18.1%  
FGB 2008 Q4 27 Jan 2009 0.67bn 0.49 1.95 7.40 3.8 0.6 16.2%  
FGB 2008 Q3 21 Oct 2008 0.85bn 0.62 2.47 13.85 5.6 1.2 21.6% 65.6%
FGB 2008 Q2 09 Jul 2008 0.81bn 0.59 2.35 27.10 11.5 3.3 28.6% 74.5%
FGB 2008 Q1 09 Apr 2008 0.68bn 0.49 1.96 20.15 10.3 2.6 25.7% 68.1%
FGB 2007 FY 29 Jan 2008 2.01bn 1.61 1.61 23.15 14.4 2.9 19.8% 55.7%
FGB 2007 Q4 29 Jan 2008 0.62bn 0.50 1.99 23.15 11.6 2.9 24.6% 59.3%
FGB 2007 Q3 23 Oct 2007 0.51bn 0.41 1.62 18.80 11.6 2.5 21.2% 51.5%
FGB 2007 Q2 25 Jul 2007 474m 0.38 1.52 14.75 9.7 2.0 21.0% 58.2%
FGB 2007 Q1 17 Apr 2007 406m 0.32 1.30 11.70 9.0 1.7 19.0% 47.5%
FGB 2006 FY 23 Jan 2007 1.54bn 1.23 1.23 12.85 10.5 1.8 17.1% 74.3%
FGB 2005 FY 1.06bn           13.5% 74.2%
FGB 2004 FY 245m              

FGB opinion, news, reports, researchTop

FGB First Gulf Bank forum  Replies   Views   Last Post 
FGB share buyback [page: 1, 2] 29 3156 18 Aug 10 14:33
« Credit Suisse FGB target price 0 11 29 Jan 10 08:33
FGB 2009Q4 AED855m +27% 1 695 27 Jan 10 18:34
FGB 2009Q3 profit AED930m +9% 1 403 21 Oct 09 15:47
FGB Citigroup rating Buy 0 504 09 Aug 09 14:00
FGB 2009Q2 profit Dh775m -4.3% 1 474 21 Jul 09 16:10
« Credit Suisse FGB report 1 225 11 May 09 14:51
FGB 2009Q1 profit AED750m +11% 0 416 26 Apr 09 17:43
FGB TAIB report 0 525 24 Mar 09 13:54
FGB pays off loan 1 531 22 Mar 09 15:59

FGB latest news (links open in new window)Top

News Item

Dubai stocks hit 3-month high; volumes cross 200m mark Khaleej Times In banking sector, Abu Dhabi Commercial Bank surged 6.29 per cent to Dh1.86 while First Gulf Bank and Union National Bank dropped 0.36 per cent and 0.32 per ... and more » More ...


News Item

Goldman Sachs raises ratings on ADCB, DIB Khaleej Times It, however, cut its price target on First Gulf Bank 's stocks. 'We acknowledge potential headwinds from lacklustre economic growth and ongoing corporate ... and more » More ...


News Item

GulfNews Reader issues raised GulfNews I borrowed Dh40,000 under an easy buy scheme of First Gulf Bank , to be paid in instalments. Due to being in India on vacation in March and April last year, ... More ...


News Item

Gulf News raises readers' consumer issues GulfNews Our problem with First Gulf Bank — related to a credit card issue — is shocking. We (my spouse and I) had agreed to take a credit card from them because ... More ...


News Item

RTA delays opening final Metro stations National Those that have not yet opened are Business Bay, First Gulf Bank , Sharaf DG, Nakheel, Jumeirah Lakes Towers, Energy Station, Jebel Ali Industrial and Jebel ... and more » More ...


News Item

Equities turn bearish ahead of Eid holidays; Deyaar slips to record low Khaleej Times On the positive side, Waha Capital advanced 1.52 per cent to 0.67 fils while Arkan Building Material Co and First Gulf Bank gained 0.85 per cent and 0.36 ... and more » More ...


News Item

Weak volumes hit markets National Although shares valued at Dh71 million were traded on the ADX, only Dh30m of that was public trading after a Dh41m private sale of 3 million First Gulf Bank ... and more » More ...


News Item

Libyans get hotline to credit National ... foreign commercial banks were allowed to operate in Libya, which today hosts branches or subsidiaries of banks including Abu Dhabi's First Gulf Bank , ... and more » More ...


News Item

Emirates Steel looks to reinforce with an additional 600 staff National The $1.1bn came from conventional banks the National Bank of Abu Dhabi, Union National Bank, First Gulf Bank , Bank of Baroda, Arab Banking Corporation, ... More ...


News Item

UAE banks look abroad for funds National Other banks in the UAE, including First Gulf Bank , are thought to be considering raising money from foreign sources. But some banks may try to raise money ... and more » More ...


Newsfeed from Google News. See also latest UAE market news.

FGB opinion, news, reports, researchTop

FGB First Gulf Bank forum  Replies   Views   Last Post 
FGB share buyback [page: 1, 2] 29 3156 18 Aug 10 14:33
« Credit Suisse FGB target price 0 11 29 Jan 10 08:33
FGB 2009Q4 AED855m +27% 1 695 27 Jan 10 18:34
FGB 2009Q3 profit AED930m +9% 1 403 21 Oct 09 15:47
FGB Citigroup rating Buy 0 504 09 Aug 09 14:00
FGB 2009Q2 profit Dh775m -4.3% 1 474 21 Jul 09 16:10
« Credit Suisse FGB report 1 225 11 May 09 14:51
FGB 2009Q1 profit AED750m +11% 0 416 26 Apr 09 17:43
FGB TAIB report 0 525 24 Mar 09 13:54
FGB pays off loan 1 531 22 Mar 09 15:59
First Gulf Bank financial statements & accountsTop
PDF files (new window) 2004 2005 2006 2007 2008
FGB First Quarter 2004Q1 2005Q1 2006Q1 2007Q1 2008Q1
FGB Second Quarter 2004Q2 2005Q2 2006Q2 2007Q2 2008Q2
FGB Third Quarter 2004Q3 2005Q3 2006Q3 2007Q3  2008Q3
FGB Preliminary FY Report 2004PR 2005PR 2006PR  2007PR  2008PR 
FGB Final Annual Report 2004FY 2005FY 2006FY 2007FY

Links are to the relevant PDF report on the ESCA website and are provided as a convenience by ShareWadi.com. We are not responsible for the content or availability of any external sites or pages. If accounts are not available from ESCA, try the ADX or DFM website.

FGB latest news (links open in new window)Top

News Item

Dubai stocks hit 3-month high; volumes cross 200m mark Khaleej Times In banking sector, Abu Dhabi Commercial Bank surged 6.29 per cent to Dh1.86 while First Gulf Bank and Union National Bank dropped 0.36 per cent and 0.32 per ... and more » More ...


News Item

Goldman Sachs raises ratings on ADCB, DIB Khaleej Times It, however, cut its price target on First Gulf Bank 's stocks. 'We acknowledge potential headwinds from lacklustre economic growth and ongoing corporate ... and more » More ...


News Item

GulfNews Reader issues raised GulfNews I borrowed Dh40,000 under an easy buy scheme of First Gulf Bank , to be paid in instalments. Due to being in India on vacation in March and April last year, ... More ...


News Item

Gulf News raises readers' consumer issues GulfNews Our problem with First Gulf Bank — related to a credit card issue — is shocking. We (my spouse and I) had agreed to take a credit card from them because ... More ...


News Item

RTA delays opening final Metro stations National Those that have not yet opened are Business Bay, First Gulf Bank , Sharaf DG, Nakheel, Jumeirah Lakes Towers, Energy Station, Jebel Ali Industrial and Jebel ... and more » More ...


News Item

Equities turn bearish ahead of Eid holidays; Deyaar slips to record low Khaleej Times On the positive side, Waha Capital advanced 1.52 per cent to 0.67 fils while Arkan Building Material Co and First Gulf Bank gained 0.85 per cent and 0.36 ... and more » More ...


News Item

Weak volumes hit markets National Although shares valued at Dh71 million were traded on the ADX, only Dh30m of that was public trading after a Dh41m private sale of 3 million First Gulf Bank ... and more » More ...


News Item

Libyans get hotline to credit National ... foreign commercial banks were allowed to operate in Libya, which today hosts branches or subsidiaries of banks including Abu Dhabi's First Gulf Bank , ... and more » More ...


News Item

Emirates Steel looks to reinforce with an additional 600 staff National The $1.1bn came from conventional banks the National Bank of Abu Dhabi, Union National Bank, First Gulf Bank , Bank of Baroda, Arab Banking Corporation, ... More ...


News Item

UAE banks look abroad for funds National Other banks in the UAE, including First Gulf Bank , are thought to be considering raising money from foreign sources. But some banks may try to raise money ... and more » More ...


Newsfeed from Google News. See also latest UAE market news.

First Gulf Bank comments & notesTop

FGB share capital and shares outstanding
  • 31 March 2008 - 1.375 billion shares outstanding (10% share dividend added 06 March 2008)
  • 31 December 2007 - 1.25 billion shares outstanding
Contact details and investor informationTop
  • First Gulf Bank, PO Box 6316, Abu Dhabi, UAE. Tel +971-2-6816666.
  • www.fgb.ae - FGB website home page.
FGB - related external links (open in new window)Top
  • www.sca.ae - ESCA profile. Includes share ownership details, board of director names, meeting dates, financial statements and annual report.
  • www.adx.ae - ADX financial disclosures, news and information.

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This page last updated 26-Nov-2009. Company information last updated 13 Apr 2008. E & OE.