Alinma Bank shares hit highest closing since listing

Logo of Alinma Bank

Shares of Alinma Bank hit their highest level since listing, at SAR 36.15 today, Feb. 21.

The stock closed at an increase of 3% at SAR 34.85, the highest closing since listing, with nearly 36.1 million shares traded so far.

Established in 2006, the bank was listed on the Saudi Stock Exchange (Tadawul) in 2008. The bank increased its capital in 2020 to SAR 20 billion through the issue of bonus shares.

Alinma Bank’s core business is represented in Shariah-compliant banking and investment business.

Alinma Stock Performance
Annual High (SAR)	36.15	Today, Feb. 21, 2022
Annual Low (SAR)	16.14	Feb. 28, 2021
Historical High (SAR)	36.15	Today, Feb. 21, 2022
Historical Low (SAR)	6.56	March 2, 2011
Highest Traded Volume (mln shares)	797.7	June 3, 2008 (first listing day)

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

Key Financial Indicators
Earnings Per Share (last 12 months) (SAR)	1.35
Operating P/E (last 12 months) (x)	15.81
Book Value (SAR)	12.86
P/B Ratio (x)	2.71

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