This study examines the relationship between board characteristics and stock performance in commercial banks across 10 MENA countries from 2013 to 2022. Using a sample of 65 banks, the research employs pooled OLS, fixed, and random effect regression models to analyze the impact of board size, board independence, number of board meetings, and CEO duality on stock performance, measured by share price and market-to-book ratio. The study also controls for bank capital adequacy, profitability, and size. Key findings include: 1. **Board Independence**: Positive impact on stock performance. 2. **Board Size**: Negative impact on stock performance. 3. **CEO Duality**: No significant impact on stock performance. 4. **Number of Board Meetings**: No significant impact on stock performance. 5. **Bank Capital Adequacy**: Positive impact on stock performance. 6. **Bank Size**: Positive impact on stock performance. The robustness of the findings is confirmed using a one-limit Tobit model, which allows for lower-bound censoring. The study highlights the importance of board size and director independence for regulators and policymakers in MENA, suggesting that reducing board size and increasing independence can enhance bank stock performance.This study examines the relationship between board characteristics and stock performance in commercial banks across 10 MENA countries from 2013 to 2022. Using a sample of 65 banks, the research employs pooled OLS, fixed, and random effect regression models to analyze the impact of board size, board independence, number of board meetings, and CEO duality on stock performance, measured by share price and market-to-book ratio. The study also controls for bank capital adequacy, profitability, and size. Key findings include: 1. **Board Independence**: Positive impact on stock performance. 2. **Board Size**: Negative impact on stock performance. 3. **CEO Duality**: No significant impact on stock performance. 4. **Number of Board Meetings**: No significant impact on stock performance. 5. **Bank Capital Adequacy**: Positive impact on stock performance. 6. **Bank Size**: Positive impact on stock performance. The robustness of the findings is confirmed using a one-limit Tobit model, which allows for lower-bound censoring. The study highlights the importance of board size and director independence for regulators and policymakers in MENA, suggesting that reducing board size and increasing independence can enhance bank stock performance.