Saudi National Bank shares close at highest level since 2019

Logo of Saudi National Bank

Shares of Saudi National Bank (SNB) closed today, Sept. 6, at their highest level since May 2019, at SAR 61.80.

The stock rose 1% during the day, with nearly 3 million shares traded.

Accordingly, the stock saw an increase of over 100% since March 2020.

National Commercial Bank (NCB) was listed in the Saudi Stock Exchange (Tadawul) in 2014, and merged with Samba Financial Group last April under Saudi National Bank brand with a capital of SAR 44.78 billion.

SNB Stock Performance
Annual High (SAR)	61.80	Sept. 6, 2021
Annual Low (SAR)	36.70	Sept. 9, 2020
Historical High (SAR)	64.40	May 2, 2019
Historical Low (SAR)	21.34	Sept. 29, 2016
Highest Trading Volume (SAR mln)	96.50	Nov. 18, 2014

The following table shows the most important financial indicators of the bank:

Key Financial Indicators
Earnings Per Share (last 12 months) (SAR)	2.93
Operating P/E (last 12 months) (x)	21.06
Book Value (SAR)	32.90
P/B Ratio (x)	1.88

The bank increased its capital twice, one of which was for the purpose of merger with Samba, while the other was through issuing bonus shares.

Capital Amendments (SAR bln)
Date	Method	Previous Capital	New Capital	Variation
2020	Merger	30.00	44.78	+ 49 %
2018	Bonus shares	20.00	30.00	+ 50 %

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