Bank Albilad shares hit all-time high

Bank Albilad building

Shares of Bank Albilad hit their highest level since listing today, April 13, at SAR 60.40.

The stock rose 6% in the early session, with nearly one million shares traded so far.

Recently, the bank’s general assembly approved a 33.33% capital hike from SAR 7.5 billion to SAR 10 billion, through bonus shares.

Established in November 2004, the bank was listed on the Saudi Stock Exchange (Tadawul) in April 2005.

The bank provides all Sharia-compliant banking, financing and investment services, in addition to asset management and brokerage services through its subsidiary, Albilad Capital.

Bank Albilad Stock Performance
Annual High (SAR)	60.40	Today, April 13
Annual Low (SAR)	25.90	April 14, 2021
Historical High (SAR)	60.40	Today, April 13
Historical Low (SAR)	4.92	March 2, 2011
Highest Trading Volume (mln shares)	117.7	March 17, 2014

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

Key Financial Indicators
Earnings Per Share (last 12 months) (SAR)	1.69
Operating P/E (last 12 months) (x)	35.74
Book Value (SAR)	11.98
P/B Ratio (x)	5.04

The bank increased its capital five times by issuing bonus shares to reach the current capital of SAR 10 billion.

Capital Amendments (SAR mln)
Date	Method	Previous Capital	New Capital	Variation
2022	Bonus Shares	7500	10000	33.33%
2019	Bonus Shares	6000	7500	25%
2016	Bonus Shares	5000	6000	20%
2015	Bonus Shares	4000	5000	25%
2013	Bonus Shares	3000	4000	33.33%

Saudi Stocks Trading

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