Banque Saudi Fransi posts SAR 3 bln net profit in FY19

05/02/2020 Argaam Exclusive

Banque Saudi Fransi (BSF) posted an over twofold increase year-on-year (YoY) in net profit to SAR 3.1 billion for the fiscal year 2019, driven by a decline in Zakat and income tax provision.

 

Total operating income also increased by 1.09%, buoyed by net special commission income, gain on non-trading investments, along with fee and commission income.



Financials (M)

Item 2018 2019 Change‬
Net Special Commission Income 5,016.87 5,205.68 3.8 %
Operating Income 6,701.33 6,872.55 2.6 %
Total Provisions (910.50) (1008.57) (10.8 %)
Net Income 1,403.02 3,114.97 122.0 %
Average Shares 1,205.36 1,205.36 -
EPS (Riyals) 1.16 2.58 122.0 %
EPS Diluted (Riyals) 1.17 2.60 122.2 %

In Q4 2019, BSF swung to a net profit of SAR 515 million, against a net loss of SAR 1.43 billion in year earlier period.



Current Quarter Comparison (M)

Compared With The
Item Q4 2018 Q4 2019 Change‬
Net Special Commission Income 1,247.18 1,291.30 3.5 %
Operating Income 1,692.64 1,705.72 0.8 %
Debt Provisions (566.73) (437.86) 22.7 %
Net Income (1431.68) 514.51 135.9 %
Average Shares 1,205.36 1,205.36 -
EPS (Riyals) (1.19) 0.43 135.9 %
EPS Diluted (Riyal) 0.93 0.43 (53.8 %)

Balance Sheet (B)

Item 2018 2019 Change‬
Assets 190.25 178.15 (6.4 %)
Customer Deposits 148.37 132.84 (10.5 %)
Loan 120.63 125.73 4.2 %

View other reports

Share Price

Banque Saudi Fransi
31.20
0.00 0.00 %

Banque Saudi Fransi (BSF)

More


Financial Ratios
Current
Market Cap (M Riyal) 37,608.48
Shares Outstanding ((M)) 1,205.40
EPS ( Riyal) (TTM) 3.53
EPS Diluted ( Riyal) (TTM) 3.35
Book Value (BV) ( Riyal) 31.62
Par Value ( Riyal) 10.00
Adjusted P/E (Last12) 8.84
P/E (TTM) 8.84
Price/book 0.99
Return on Average Assets (%) (TTM) 1.6
Return on Average Equity (%) (TTM) 11.8
more

Kindly, you can view the full report by subscribing to the

The report contains the details of the financial statements, The most important financial indicators, Historical information, Charts, and Forecasts of experts.

Contact Us (+966)-92000-7759

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2024, Argaam Investment, All Rights Reserved
Call Request