Riyad Bank shares hit all-time high

25/04/2022 Argaam Special

Logo of Riyad Bank


Shares of Riyad Bank leapt 4% to close today’s session at SAR 41.40, their highest level since debut.

 

A total of 3.4 million shares were traded.

 

The bank was incorporated as a closed joint stock company in Saudi Arabia, under the Royal Decree and Cabinet’s Resolution No. 91, dated Nov. 23, 1957.

 

Riyad Bank provides all types of banking and investment services, as well as Shariah-compliant banking products with no commissions, which are approved and supervised by an independent Shariah board.

 

 

Stock Performance

Annual High (SAR)

41.40

Today, April 25

Annual Low (SAR)

23.76

May 24, 2021

Historical High (SAR)

41.40

March 1, 2006

Historical Low (SAR)

3.16

June 5, 1995

Highest Trading Volume (mln shares)

197.23

Feb. 14, 2012

 

Key Performance Indicators

Earnings Per Share (last 12 months) (SAR)

2.01

Operating P/E (last 12 months) (x)

20.20

Book Value (SAR)

15.77

P/B (x)

2.63

 

The bank increased its capital four times via bonus share distributions and a right issue to finally reach SAR 30 billion. 

 

Riyadh Bank Capital Amendments (SAR mln)

Date

Method

Old Capital

New Capital

Change

2014

Bonus Shares

15000

30000

100%

2008

Rights Issue

6250

15000

140%

2006

Bonus Shares

5000

6250

25%

2005

Bonus Shares

4000

5000

25%

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