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

QAR4.04 -0.01 (-0.25%)
QA DOH Financial Services Banks - Regional
Address PO Box 3232
Doha, QA
CEO Stephen Colin Moss
Website cbq.qa
IPO 2010-02-22
ISIN QA0007227752

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Description

The Commercial Bank (P.S.Q.C.), along with its various subsidiaries, operates across diverse financial sectors, offering conventional banking, brokerage, and credit card services. Its operations are structured into four main divisions: Wholesale Banking, Retail Banking, Others, and International. The Wholesale Banking division caters to corporate, commercial, multinational clients, and businesses of all sizes, from large enterprises to small and medium-sized firms. It provides a comprehensive suite of financial solutions, including conventional credit facilities (both funded and non-funded), various deposit options (demand and time), foreign exchange services, interest rate swaps, derivative trading, loan syndication, structured financing, corporate loans, trade finance, and letters of credit and guarantees. This segment also actively manages money market funds and proprietary investment portfolios. For individual and retail customers, the Retail Banking segment offers a range of services such as personal current, savings, time, and investment accounts. It also facilitates credit and debit cards, provides consumer, vehicle, and personal loans, along with residential mortgages, and delivers custodial and wealth management solutions. The 'Others' segment primarily focuses on brokerage services and the issuance of debt instruments on behalf of banks. Internationally, the bank extends its banking services through a network of 44 branches located in Turkey. Beyond banking, the company also offers insurance products. Its extensive operations span Qatar, other GCC nations, the broader Middle East, Europe, North America, and various other international markets. Supported by an infrastructure comprising 28 full-service branches and 172 ATMs, The Commercial Bank (P.S.Q.C.) was established in 1974 and maintains its headquarters in Doha, Qatar.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
QAR4.04 -0.01 (-0.25%)
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Volume Profile
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Liquidity & share structure
Average Volume
2M
Beta
0.43
Float Shares
3.40B
Free Float %
83.9%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-1.64% -1.18% -2.55% -9.09% +4.74% +0.00% -7.89% -27.59% -20.00% +51.08% +159.26%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
4.04
DCF (Unlevered) 8.86 +119.3%
DCF (Levered) 5.86 +45.1%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 67% Bullish
Rating 2026-05 Change
Strong Buy 1 0
Buy 5 0
Hold 3 -1
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
-0.20
Distress
Piotroski F-Score
4 / 9
Average
Operational MOAT
  • Revenue growth
    +1.8% Q1'26: +7.3% (vs Q1'25)
  • EPS growth
    -29.6% Q1'26: -25.0% (vs Q1'25)
  • FCF margin
    Q1'26: -42.1% (vs Q1'25)
  • EBIT margin
    Q1'26: +20.3% (vs Q1'25)
  • ROIC
    Q1'26: +5.4% (vs Q1'25)
  • Share dilution
    +0.0% Q1'26: +0.0% (vs Q1'25)
  • Debt / EBITDA
    Q1'26: 16.14× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.46) × ERP
WACC = 19% × Ke + 81% × Kd (9.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 8.86 Current price: 4.04
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
5 Rev. Ana.
5 EPS Ana.
Dec 2027
5 Rev. Ana.
5 EPS Ana.
Dec 2028
1 Rev. Ana.
2 EPS Ana.
Dec 2029
2 Rev. Ana.
1 EPS Ana.
Dec 2030
2 Rev. Ana.
1 EPS Ana.
Revenue
5.56B
est: 4.06B (+36.9%)
5.72B
est: 3.59B (+59.2%)
6.10B
est: 3.45B (+76.8%)
7.20B
est: 3.51B (+105.1%)
8.12B
est: 3.90B (+108.4%)
6.66B
est: 3.89B (+71.1%)
7.43B
est: 4.97B (+49.5%)
8.50B
est: 5.23B (+62.4%)
11.27B
est: 4.55B (+147.5%)
10.81B
est: 5.01B (+115.7%)
11.01B
est: 4.65B (+136.7%)
4.98B
4.83B – 5.21B
+7.2% YoY
5.24B
4.89B – 5.60B
+5.2% YoY
5.55B
5.28B – 5.87B
+6.0% YoY
5.75B
5.47B – 6.08B
+3.6% YoY
6.15B
5.84B – 6.50B
+6.9% YoY
EBITDA
1.72B
est: 1.29B (+33.7%)
812.78M
est: 1.14B (-28.8%)
888.10M
est: 1.10B (-19.0%)
1.91B
est: 1.11B (+71.3%)
2.29B
est: 1.24B (+84.7%)
1.54B
est: 1.24B (+24.9%)
2.62B
est: 1.58B (+66.1%)
3.26B
est: 1.66B (+96.2%)
3.50B
est: 1.46B (+139.4%)
3.33B
est: 1.61B (+107.1%)
2.76B
est: 1.49B (+84.8%)
1.60B
1.55B – 1.67B
+7.2% YoY
1.68B
1.57B – 1.80B
+5.2% YoY
1.78B
1.70B – 1.89B
+6.0% YoY
1.85B
1.76B – 1.95B
+3.6% YoY
1.98B
1.88B – 2.09B
+6.9% YoY
EBIT
1.47B
est: 1.14B (+28.7%)
501.54M
est: 1.01B (-50.4%)
608.78M
est: 970.74M (-37.3%)
1.68B
est: 986.55M (+70.4%)
2.04B
est: 1.10B (+86.6%)
1.32B
est: 1.09B (+20.2%)
2.31B
est: 1.40B (+65.5%)
2.93B
est: 1.47B (+98.8%)
3.09B
est: 1.30B (+137.0%)
3.01B
est: 1.43B (+110.0%)
2.46B
est: 1.33B (+84.6%)
1.43B
1.38B – 1.49B
+7.2% YoY
1.50B
1.40B – 1.60B
+5.2% YoY
1.59B
1.51B – 1.68B
+6.0% YoY
1.65B
1.57B – 1.74B
+3.6% YoY
1.76B
1.67B – 1.86B
+6.9% YoY
Net Income
1.40B
est: 1.80B (-22.3%)
500.75M
est: 291.70M (+71.7%)
603.65M
est: 151.49M (+298.5%)
1.67B
est: 1.46B (+14.8%)
2.02B
est: 1.71B (+17.9%)
1.30B
est: 1.12B (+16.2%)
2.30B
est: 2.01B (+14.5%)
2.81B
est: 2.19B (+28.4%)
3.01B
est: 2.95B (+2.2%)
3.03B
est: 2.44B (+24.3%)
2.20B
est: 2.16B (+2.1%)
1.83B
1.46B – 2.20B
-15.2% YoY
2.00B
1.62B – 2.39B
+9.5% YoY
2.32B
2.17B – 2.49B
+15.7% YoY
2.39B
2.23B – 2.57B
+3.1% YoY
2.39B
2.23B – 2.57B
+0.0% YoY
SGA
253.97M
est: 26.60M (+854.6%)
192.03M
est: 23.55M (+715.4%)
76.64M
est: 22.62M (+238.7%)
63.69M
est: 22.99M (+177.0%)
43.17M
est: 25.53M (+69.1%)
54.39M
est: 25.51M (+113.2%)
58.72M
est: 32.57M (+80.3%)
50.96M
est: 34.30M (+48.6%)
67.86M
est: 27.23M (+149.2%)
50.61M
est: 29.97M (+68.9%)
58.28M
est: 27.80M (+109.7%)
29.79M
28.85M – 31.15M
+7.2% YoY
31.33M
29.22M – 33.45M
+5.2% YoY
33.20M
31.55M – 35.09M
+6.0% YoY
34.40M
32.69M – 36.36M
+3.6% YoY
36.77M
34.94M – 38.86M
+6.9% YoY
EPS
0.36
est: 0.47 (-23.0%)
0.08
est: 0.08 (+4.3%)
0.09
est: 0.04 (+131.5%)
0.41
est: 0.38 (+8.4%)
0.44
est: 0.44 (-1.1%)
0.27
est: 0.29 (-7.1%)
0.50
est: 0.52 (-4.2%)
0.66
est: 0.57 (+16.2%)
0.71
est: 0.76 (-7.1%)
0.71
est: 0.64 (+10.4%)
0.50
est: 0.53 (-6.5%)
0.45
0.38 – 0.57
-16.6% YoY
0.52
0.42 – 0.62
+16.9% YoY
0.60
0.56 – 0.65
+15.4% YoY
0.62
0.58 – 0.67
+3.1% YoY
0.62
0.58 – 0.67
+0.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-25 B+ 3/5 4/5 3/5 3/5 1/5 3/5 4/5
2026-05-24 B+ 3/5 4/5 3/5 3/5 1/5 3/5 4/5
2026-05-21 B+ 3/5 4/5 3/5 3/5 1/5 3/5 4/5
2026-05-20 B+ 3/5 4/5 3/5 3/5 1/5 3/5 4/5
2026-05-19 B+ 3/5 4/5 3/5 3/5 1/5 3/5 4/5
2026-05-18 B+ 3/5 4/5 3/5 3/5 1/5 3/5 4/5
2026-05-17 B+ 3/5 4/5 3/5 4/5 1/5 3/5 4/5
2026-05-14 B+ 3/5 4/5 3/5 4/5 1/5 3/5 4/5
2026-05-13 B+ 3/5 4/5 3/5 4/5 1/5 3/5 4/5
2026-05-12 B+ 3/5 4/5 3/5 4/5 1/5 3/5 4/5
2026-05-11 B+ 3/5 4/5 3/5 4/5 1/5 3/5 4/5
2026-05-10 B+ 3/5 4/5 3/5 4/5 1/5 3/5 4/5
2026-05-07 B+ 3/5 4/5 3/5 4/5 1/5 3/5 4/5
2026-05-06 B+ 3/5 4/5 3/5 4/5 1/5 3/5 4/5
2026-05-05 A- 4/5 4/5 3/5 4/5 1/5 4/5 4/5
2026-05-04 A- 4/5 4/5 3/5 4/5 1/5 4/5 4/5
2026-05-03 A- 4/5 4/5 3/5 4/5 1/5 4/5 4/5
2026-04-30 A- 4/5 4/5 3/5 4/5 1/5 4/5 4/5
2026-04-29 A- 4/5 4/5 3/5 4/5 1/5 4/5 4/5
2026-04-28 A- 4/5 4/5 3/5 4/5 1/5 4/5 4/5
2026-04-27 A- 4/5 4/5 3/5 4/5 1/5 4/5 4/5
2026-04-26 A- 4/5 4/5 3/5 4/5 1/5 4/5 4/5
2026-04-23 A- 4/5 4/5 3/5 4/5 1/5 4/5 4/5
2026-04-22 A- 4/5 4/5 3/5 4/5 1/5 4/5 4/5
2026-04-21 A- 4/5 4/5 3/5 4/5 1/5 4/5 4/5
2026-04-20 A- 4/5 4/5 3/5 4/5 1/5 4/5 4/5
2026-04-19 A- 4/5 4/5 3/5 4/5 1/5 4/5 4/5
2026-04-16 A- 4/5 4/5 3/5 5/5 1/5 4/5 4/5
2026-04-15 A- 4/5 4/5 3/5 5/5 1/5 4/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-2.34B
OE per share TTM
-0.52
Owner's Yield
-14.45%
Maintenance CapEx ratio
4.22%
Maint CapEx / Avg PPE
33.1%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
1.10M
Shares Outstanding
4.05B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Abdulla Al Fadli Executive GM & Chief Compliance Officer male
Dimitrios Mavroyiannis Chief Technology Officer male
Eiman Al Naemi Executive GM & Chief Marketing Officer female
Eiman Mohamed Al Naemi Executive GM and Chief Communications & Marketing Officer female
Ibrahim Al Emadi Head of Corporate Communications male
Mahesh Ramakant Muzumdar Acting Chief Operating Officer male
Mohamed Farhan Head of Investor Relations male
Muhammad Noman Ali Executive GM & Chief Financial and Sustainability Officer male
Nasser Abdulla Al-Harmi Executive GM & Chief Human Capital Officer male
Omar Hussain Ibrahim H. Alfardan MD & Vice-Chairman male
Omran Youssef Al Sherawi Executive GM of Treasury & Investments male
Parvez Khan Executive GM of Treasury & Investments male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits