SNB shares hit highest close since debut

28/04/2022 Argaam Special

Saudi National Bank headquarters


Shares of Saudi National Bank (SNB) hit their highest close since debut, at SAR 79 today, April 28.

 

The stock closed today's session 5% higher, with a traded volume of 9.4 million shares.

 

National Commercial Bank (NCB) was listed on the Saudi Stock Exchange (Tadawul) in 2014. It merged with Samba Financial Group in April 2021, under “Saudi National Bank,” with SAR 44.78 billion in capital.

 

SNB Stock Performance

Annual High (SAR)

79.00

Today, April 28, 2022

Annual Low (SAR)

52.40

May 31, 2021

Historical High (SAR)

79.00

Today, April 28, 2022

Historical Low (SAR)

21.34

Sept. 29, 2016

Highest Traded Volume (SAR mln)

96.50

Nov. 18, 2014

 

The following table shows the bank’s key financial indicators:

 

Key Financial Indicators

Earnings Per Share (last 12 months) (SAR)

3.07

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

24.23

Book Value (SAR)

34.03

P/B Ratio (x)

2.32

 

The bank increased its capital twice, one of which was for the purpose of merger with Samba, while the other was through a bonus issue.

 

Capital Amendments (SAR bln)

Date

Method

Previous Capital

New Capital

Variation

2020

Merger

30.00

44.78

49%

2018

Bonus 

20.00

30.00

50%

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