Bank Albilad shares hit all-time high

13/04/2022 Argaam Special

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%

 

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