Bank Albilad shares hit 15-year high

09/08/2021 Argaam Special

Logo of Bank Albilad


Bank Albilad stock rose today, Aug. 9, to its highest price since 2006, at SAR 39.30.

 

The stock is currently trading 3% higher, with traded volumes reaching 2 million shares.

 

Thus, year-to-date (YTD) the stock gained nearly 38%, and rose 109% since March 2020.

 

Bank Albilad was established in 2004, and listed on the Saudi Stock Exchange (Tadawul) on April 30, 2004.

 

The bank offers various Shariah-compliant banking, financing and investment activities, in addition to asset management, and securities brokerage via its subsidiary Albilad Capital.

 

Stock Performance

Annual High (SAR) 

39.30

Aug. 9, 2021

Annual Low(SAR) 

22.92

Nov. 1, 2020

Historical High (SAR) 

76.57

Nov. 26, 2005

Historical Low (SAR) 

6.56

March 2, 2011

Highest Traded Volume (mln shares)

88.36 

March 17, 2014

 

Key Financial Indicators

EPS (Last 12 Months) (SAR) 

2.09

P/E (Last 12 Months) (x) 

18.66

Book Value (SAR) 

15.22

P/B Ratio (x) 

2.56

 

Bank Albilad increased its capital four times through bonus issues, thus bringing the capital to SAR 7.5 billion.

 

Capital (SAR mln)

Date

Method of Increase

Old Capital

New Capital

Variation

2019

Bonus issue

6000

7500

25%

2016

Bonus issue

5000

6000

20%

2015

Bonus issue

4000

5000

25%

2013

Bonus issue

3000

4000

33.33%

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