The Commercial Bank (P.S.Q.C.)

Qatar Stock Exchange CBQK.QA

The Commercial Bank (P.S.Q.C.) Net Income for the year ending December 31, 2023: USD 825.68 M

The Commercial Bank (P.S.Q.C.) Net Income is USD 825.68 M for the year ending December 31, 2023, a 7.08% change year over year. Net income is the total profit earned by a company after deducting all expenses, including taxes and non-controlling interest.
  • The Commercial Bank (P.S.Q.C.) Net Income for the year ending December 31, 2022 was USD 771.06 M, a 22.00% change year over year.
  • The Commercial Bank (P.S.Q.C.) Net Income for the year ending December 31, 2021 was USD 632.03 M, a 77.08% change year over year.
  • The Commercial Bank (P.S.Q.C.) Net Income for the year ending December 31, 2020 was USD 356.91 M, a -35.62% change year over year.
  • The Commercial Bank (P.S.Q.C.) Net Income for the year ending December 31, 2019 was USD 554.35 M, a 20.76% change year over year.
Key data
Date Net Income EPS (Diluted) Shares (Diluted, Weighted) Net Income Margin
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Qatar Stock Exchange: CBQK.QA

The Commercial Bank (P.S.Q.C.)

CEO Mr. Joseph Abraham
IPO Date Feb. 22, 2010
Location Qatar
Headquarters PO Box 3232
Employees 2,233
Sector Finance
Industries
Description

The Commercial Bank (P.S.Q.C.), together with its subsidiaries, engages in the conventional banking, brokerage services, and credit card businesses. The company operates through four segments Wholesale Banking, Retail Banking, Others, and International. The Wholesale Banking segment provides various conventional funded and non-funded credit facilities; demand and time deposit services; currency exchange facilities; interest rate swaps and other derivative trading services; loan syndication and structured financing services; corporate lending; trade finance; other deposits; and letters of credit and guarantees, as well as manages money market funds and proprietary investment portfolio. This segment serves corporate, commercial, and multinational customers, as well as large, medium, and small enterprises. The Retail Banking segment offers personal current, savings, time, and investment account services; credit and debit card services; consumer, vehicle, and personal loans, and residential mortgage services; and custodial and wealth management services to retail and individual customers. The Other segment provides brokerage services; and issues debts for banks.The International segment provides banking services through a network of 44 branches in Turkey. The company also provides insurance products. It operates in Qatar, other GCC countries, rest of the Middle East, Europe, North America, and internationally. The company operates a network of 28 full-service branches and 172 ATMs. The Commercial Bank (P.S.Q.C.) was incorporated in 1974 and is based in Doha, Qatar.

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StockViz Staff

January 15, 2025

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