Bank Albilad shares hit highest level in 16 years

25/01/2022 Argaam Special

Bank Albilad building


Bank Albilad stock rose during Tuesday's trading to its highest price since 2006, reaching SAR 58.10.

 

The stock closed more than 2% higher at SAR 56, with about 2.83 million shares traded.

 

Bank Albilad, established in November 2004, debuted on the Saudi Stock Exchange (Tadawul) on April 30, 2005.

 

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

 

Stock Performance

Annual High (SAR) 

57.70

Today, Jan. 25, 2022

Annual Low (SAR) 

26.10

Feb. 4, 2021

Historical High (SAR) 

76.57

Nov. 26, 2005

Historical Low (SAR) 

6.56

March 2, 2011

Highest Trading Volume (mln shares) 

88.36 

March 17, 2014

 

Key Financial Indicators

Earnings Per Share (last 12 months) (SAR) 

2.18

Operating P/E (last 12 months) (x) 

25.69

Book Value (SAR) 

15.82

P/B (x) 

3.54

 

Bank Albilad increased its capital four times through bonus issues, at 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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