AlJazira Capital says Bank Albilad Q3 2022 earnings match forecasts, reiterates 'Neutral'

25/10/2022 Argaam

AlJazira Capital says Bank Albilad Q3 2022 earnings match forecasts, reiterates 'Neutral'

AlJazira Capital stated that Bank Albilad's Q3 2022 earnings of SAR 540.6 million came in line with its and consensus forecasts of SAR 522.6 million and SAR 527.2 million, respectively. 

 

The brokerage expects the bank's earnings per share (EPS) to reach SAR 1.99 this year.


AlJazira Capital maintained its "Neutral" recommendation and the target price at SAR 49.9 per share.

Bank Albilad - AlJazira Capital (25/10/2022)

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