Financial Results : Al Rajhi Bank posts 16% rise in 2022 profit to SAR 17.15 bln; Q4 at SAR 4.40 bln

Al Rajhi Bank posts 16% rise in 2022 profit to SAR 17.15 bln; Q4 at SAR 4.40 bln

30/01/2023 Argaam Exclusive

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Al Rajhi Bank posted a net profit rise of 16% to SAR 17.15 billion for 2022, compared to SAR 14.74 billion a year earlier.  



Financials (M)

Item 2021 2022 Change‬
Net Income from investments and financial activities 20,391.94 22,172.69 8.7 %
Operating Income 25,716.40 28,575.02 11.1 %
Total Provisions (2345.09) (2001.26) 14.7 %
Net Income 14,746.21 17,150.83 16.3 %
Average Shares 4,000.00 4,000.00 -
EPS (Riyals) 3.69 4.29 16.3 %

The net profit growth was driven by an increase in net financing and investment income, fees from banking services, foreign exchange income and other operating income.

 

Credit loss provisions decreased by 14.66% to SAR 2 billion from SAR 2.34 billion.

 

On the other hand, total operating expenses including provisions for credit losses increased by 1.95% year-on-year (YoY) on higher salaries and employee-related benefits, depreciation expense, as well as other general and administrative (G&A) expenses.  

 

The fourth-quarter net profit grew 10% to SAR 4.40 billion, from SAR 4.01 billion in Q4 2021. 

 

Compared to the previous quarter, the bank’s net profit saw an increase of 1.1% from SAR 4.35 billion.   



Current Quarter Comparison (M)

Compared With The
Item Q4 2021 Q4 2022 Change‬
Net Income from investments and financial activities 5,354.85 5,578.73 4.2 %
Operating Income 6,854.82 7,264.14 6.0 %
Debt Provisions (590.32) (352.58) 40.3 %
Net Income 4,012.29 4,404.33 9.8 %
Average Shares 4,000.00 4,000.00 -
EPS (Riyals) 1.00 1.10 9.8 %

Shareholders’ equity, no minority interest (excluding sukuk), rose to SAR 83.72 billion as of Dec. 31, 2022, from SAR 67.28 billion in 2021.

Balance Sheet (B)

Item 2021 2022 Change‬
Assets 623.64 761.62 22.1 %
Customer Deposits 512.07 564.92 10.3 %
Financing Investments 452.83 568.34 25.5 %


Financial results (Million)

Period Net Income from investments and financial activities Change Operating Income Change Debt Provisions Change
Q1 2013 2,359.88 1.4 % 3,441.26 0.4 % (396.86) 15.0 %
Q2 2013 2,394.49 5.4 % 3,434.88 0.2 % (308.21) 18.5 %
Q3 2013 2,425.27 2.4 % 3,427.61 (5.8 %) (695.82) 16.1 %
Q4 2013 2,469.42 4.0 % 3,541.28 1.5 % (948.79) (47.2 %)
Q1 2014 2,426.42 2.8 % 3,497.93 1.6 % (693.89) (74.8 %)
Q2 2014 2,493.85 4.1 % 3,643.60 6.1 % (598.15) (94.1 %)
Q3 2014 2,378.18 (1.9 %) 3,439.41 0.3 % (597.10) 14.2 %
Q4 2014 2,518.88 2.0 % 3,086.04 (12.9 %) (423.04) 55.4 %
Q1 2015 2,463.48 1.5 % 3,422.25 (2.2 %) (521.78) 24.8 %
Q2 2015 2,514.14 0.8 % 3,534.65 (3.0 %) (467.43) 21.9 %
Q3 2015 2,494.69 4.9 % 3,195.06 (7.1 %) (419.97) 29.7 %
Q4 2015 2,486.63 (1.3 %) 3,593.81 16.5 % (548.84) (29.7 %)
Q1 2016 2,574.33 4.5 % 3,695.05 8.0 % (537.49) (3.0 %)
Q2 2016 2,780.55 10.6 % 3,923.66 11.0 % (555.28) (18.8 %)
Q3 2016 2,914.48 16.8 % 3,877.85 21.4 % (541.44) (28.9 %)
Q4 2016 2,921.23 17.5 % 3,812.32 6.1 % (508.04) 7.4 %
Q1 2017 2,885.74 12.1 % 3,853.09 4.3 % (372.41) 30.7 %
Q2 2017 2,954.42 6.3 % 3,876.96 (1.2 %) (405.29) 27.0 %
Q3 2017 3,032.11 4.0 % 3,976.36 2.5 % (409.88) 24.3 %
Q4 2017 3,157.15 8.1 % 4,198.45 10.1 % (360.00) 29.1 %
Q1 2018 3,441.33 19.3 % 4,142.41 7.5 % (450.43) (21.0 %)
Q2 2018 3,551.95 20.2 % 4,288.07 10.6 % (333.22) 17.8 %
Q3 2018 3,682.34 21.4 % 4,383.35 10.2 % (417.26) (1.8 %)
Q4 2018 3,811.37 20.7 % 4,505.69 7.3 % (330.03) 8.3 %
Q1 2019 3,943.96 14.6 % 4,638.94 12.0 % (389.42) 13.5 %
Q2 2019 4,060.69 14.3 % 4,861.11 13.4 % (385.63) (15.7 %)
Q3 2019 4,163.61 13.1 % 4,981.23 13.6 % (332.27) 20.4 %
Q4 2019 4,259.46 11.8 % 5,003.18 11.0 % (664.95) (101.5 %)
Q1 2020 4,110.48 4.2 % 4,967.56 7.1 % (692.81) (77.9 %)
Q2 2020 3,967.69 (2.3 %) 4,807.76 (1.1 %) (457.96) (18.8 %)
Q3 2020 4,196.45 0.8 % 5,152.13 3.4 % (464.94) (39.9 %)
Q4 2020 4,638.39 8.9 % 5,793.81 15.8 % (550.04) 17.3 %
Q1 2021 4,770.55 16.1 % 5,947.58 19.7 % (576.99) 16.7 %
Q2 2021 5,051.78 27.3 % 6,336.32 31.8 % (583.97) (27.5 %)
Q3 2021 5,214.76 24.3 % 6,577.68 27.7 % (593.81) (27.7 %)
Q4 2021 5,354.85 15.4 % 6,854.82 18.3 % (590.32) (7.3 %)
Q1 2022 5,340.17 11.9 % 6,956.56 17.0 % (578.31) (0.2 %)
Q2 2022 5,566.76 10.2 % 7,147.86 12.8 % (580.42) 0.6 %
Q3 2022 5,687.02 9.1 % 7,206.46 9.6 % (489.96) 17.5 %
Q4 2022 5,578.73 4.2 % 7,264.14 6.0 % (352.58) 40.3 %
2022 22,172.69 8.7 % 28,575.02 11.1 % (2,001.26) 14.7 %


Profit Performance (Million)

Period Net Income Change EPS(Riyal) Extraordinary Income/Expense Net Profit Before Unusual Items EPS Before XO Items
Q1 2013 2,051.69 2.0 % 0.51 - 2,051.69 0.51
Q2 2013 2,122.72 1.4 % 0.53 - 2,122.72 0.53
Q3 2013 1,717.02 (8.1 %) 0.43 - 1,717.02 0.43
Q4 2013 1,546.56 (19.1 %) 0.39 - 1,546.56 0.39
Q1 2014 1,705.80 (16.9 %) 0.43 - 1,705.80 0.43
Q2 2014 1,948.95 (8.2 %) 0.49 - 1,948.95 0.49
Q3 2014 1,661.61 (3.2 %) 0.42 - 1,661.61 0.42
Q4 2014 1,519.81 (1.7 %) 0.38 - 1,519.81 0.38
Q1 2015 1,518.55 (11.0 %) 0.38 - 1,518.55 0.38
Q2 2015 1,941.37 (0.4 %) 0.49 - 1,941.37 0.49
Q3 2015 1,721.40 3.6 % 0.43 - 1,721.40 0.43
Q4 2015 1,948.77 28.2 % 0.49 - 1,948.77 0.49
Q1 2016 2,017.27 32.8 % 0.50 - 2,017.27 0.50
Q2 2016 2,051.93 5.7 % 0.51 - 2,051.93 0.51
Q3 2016 2,009.49 16.7 % 0.50 - 2,009.49 0.50
Q4 2016 2,047.27 5.1 % 0.51 - 2,047.27 0.51
Q1 2017 2,220.90 10.1 % 0.56 - 2,220.90 0.56
Q2 2017 2,181.65 6.3 % 0.55 - 2,181.65 0.55
Q3 2017 2,265.21 12.7 % 0.57 - 2,265.21 0.57
Q4 2017 2,452.97 19.8 % 0.61 - 2,452.97 0.61
Q1 2018 2,306.28 3.8 % 0.58 - 2,306.28 0.58
Q2 2018 2,474.22 13.4 % 0.62 - 2,474.22 0.62
Q3 2018 2,515.98 11.1 % 0.63 - 2,515.98 0.63
Q4 2018 (3528.54) (243.8 %) (0.88) (5405.27) 1,876.74 0.47
Q1 2019 2,567.99 11.3 % 0.64 - 2,567.99 0.64
Q2 2019 2,533.91 2.4 % 0.63 - 2,533.91 0.63
Q3 2019 2,738.82 8.9 % 0.68 - 2,738.82 0.68
Q4 2019 2,317.81 165.7 % 0.58 - 2,317.81 0.58
Q1 2020 2,380.15 (7.3 %) 0.60 - 2,380.15 0.60
Q2 2020 2,436.10 (3.9 %) 0.61 - 2,436.10 0.61
Q3 2020 2,657.85 (3.0 %) 0.66 - 2,657.85 0.66
Q4 2020 3,121.45 34.7 % 0.78 - 3,121.45 0.78
Q1 2021 3,335.49 40.1 % 0.83 - 3,335.49 0.83
Q2 2021 3,604.69 48.0 % 0.90 - 3,604.69 0.90
Q3 2021 3,793.75 42.7 % 0.95 - 3,793.75 0.95
Q4 2021 4,012.29 28.5 % 1.00 - 4,012.29 1.00
Q1 2022 4,133.55 23.9 % 1.03 - 4,133.55 1.03
Q2 2022 4,258.30 18.1 % 1.06 - 4,258.30 1.06
Q3 2022 4,354.64 14.8 % 1.09 - 4,354.64 1.09
Q4 2022 4,404.33 9.8 % 1.10 - 4,404.33 1.10
2022 17,150.83 16.3 % 4.29 - 17,150.83 4.29

Profitability

Period Return On Average Assets Return on Average Equity Net Profit/Investment Income & Other Financing Operations
Q1 2013 3.11 % 23.22 % 80.97 %
Q2 2013 3.11 % 22.04 % 79.92 %
Q3 2013 3.00 % 21.79 % 77.81 %
Q4 2013 2.72 % 19.84 % 73.54 %
Q1 2014 2.52 % 18.69 % 69.90 %
Q2 2014 2.43 % 17.70 % 67.67 %
Q3 2014 2.40 % 17.73 % 67.40 %
Q4 2014 2.33 % 17.01 % 66.94 %
Q1 2015 2.19 % 16.15 % 64.97 %
Q2 2015 2.13 % 15.67 % 64.89 %
Q3 2015 2.15 % 15.69 % 64.99 %
Q4 2015 2.29 % 16.11 % 69.50 %
Q1 2016 2.37 % 17.11 % 73.30 %
Q2 2016 2.35 % 16.62 % 72.26 %
Q3 2016 2.45 % 16.95 % 71.49 %
Q4 2016 2.48 % 16.49 % 69.15 %
Q1 2017 2.52 % 16.92 % 68.98 %
Q2 2017 2.50 % 16.48 % 68.88 %
Q3 2017 2.61 % 16.90 % 70.37 %
Q4 2017 2.67 % 16.94 % 72.50 %
Q1 2018 2.69 % 18.07 % 70.20 %
Q2 2018 2.74 % 17.86 % 69.40 %
Q3 2018 2.81 % 18.51 % 68.09 %
Q4 2018 1.07 % 7.24 % 25.13 %
Q1 2019 1.13 % 7.95 % 25.96 %
Q2 2019 1.14 % 7.97 % 25.50 %
Q3 2019 1.19 % 8.56 % 26.12 %
Q4 2019 2.72 % 20.42 % 59.89 %
Q1 2020 2.64 % 19.83 % 58.21 %
Q2 2020 2.51 % 19.41 % 57.98 %
Q3 2020 2.45 % 18.89 % 57.50 %
Q4 2020 2.48 % 19.39 % 60.97 %
Q1 2021 2.56 % 21.23 % 64.03 %
Q2 2021 2.64 % 22.79 % 66.24 %
Q3 2021 2.74 % 23.38 % 67.76 %
Q4 2021 2.70 % 23.52 % 68.77 %
Q1 2022 2.66 % 23.72 % 69.34 %
Q2 2022 2.58 % 23.98 % 68.48 %
Q3 2022 2.53 % 23.40 % 65.92 %
Q4 2022 2.48 % 22.72 % 60.82 %
2022 2.48 % 22.72 % 60.82 %

Balance Sheet (B)

Period Assets Change Customer Deposits Change Financing Investments Change
Q1 2013 275.61 17.7 % 231.81 24.6 % 180.49 18.9 %
Q2 2013 273.28 14.7 % 227.42 22.3 % 184.89 16.9 %
Q3 2013 272.98 10.4 % 225.52 15.6 % 185.45 12.0 %
Q4 2013 279.87 4.7 % 231.59 4.6 % 186.81 8.6 %
Q1 2014 288.04 4.5 % 238.52 2.9 % 193.05 7.0 %
Q2 2014 295.15 8.0 % 245.42 7.9 % 200.93 8.7 %
Q3 2014 298.71 9.4 % 250.03 10.9 % 203.65 9.8 %
Q4 2014 307.71 9.9 % 256.08 10.6 % 205.94 10.2 %
Q1 2015 320.43 11.2 % 268.48 12.6 % 205.12 6.3 %
Q2 2015 327.07 10.8 % 269.42 9.8 % 210.62 4.8 %
Q3 2015 325.21 8.9 % 271.55 8.6 % 209.91 3.1 %
Q4 2015 315.62 2.6 % 257.82 0.7 % 210.22 2.1 %
Q1 2016 323.30 0.9 % 266.42 (0.8 %) 216.39 5.5 %
Q2 2016 331.38 1.3 % 272.65 1.2 % 224.52 6.6 %
Q3 2016 330.52 1.6 % 272.60 0.4 % 225.86 7.6 %
Q4 2016 339.71 7.6 % 272.59 5.7 % 224.99 7.0 %
Q1 2017 337.23 4.3 % 271.29 1.8 % 229.42 6.0 %
Q2 2017 345.60 4.3 % 285.39 4.7 % 232.80 3.7 %
Q3 2017 338.03 2.3 % 270.10 (0.9 %) 233.18 3.2 %
Q4 2017 343.12 1.0 % 273.06 0.2 % 233.54 3.8 %
Q1 2018 348.43 3.3 % 283.94 4.7 % 228.23 (0.5 %)
Q2 2018 347.59 0.6 % 280.39 (1.8 %) 226.54 (2.7 %)
Q3 2018 355.58 5.2 % 288.84 6.9 % 232.02 (0.5 %)
Q4 2018 364.03 6.1 % 293.91 7.6 % 231.76 (0.8 %)
Q1 2019 363.05 4.2 % 293.50 3.4 % 234.83 2.9 %
Q2 2019 369.20 6.2 % 300.56 7.2 % 238.50 5.3 %
Q3 2019 367.87 3.5 % 298.81 3.5 % 244.59 5.4 %
Q4 2019 384.09 5.5 % 312.41 6.3 % 249.68 7.7 %
Q1 2020 391.90 7.9 % 315.66 7.5 % 261.39 11.3 %
Q2 2020 417.68 13.1 % 334.66 11.3 % 274.93 15.3 %
Q3 2020 430.30 17.0 % 345.32 15.6 % 289.73 18.5 %
Q4 2020 468.82 22.1 % 382.63 22.5 % 315.71 26.4 %
Q1 2021 512.23 30.7 % 421.27 33.5 % 356.14 36.3 %
Q2 2021 546.14 30.8 % 447.51 33.7 % 390.30 42.0 %
Q3 2021 582.66 35.4 % 478.33 38.5 % 420.95 45.3 %
Q4 2021 623.64 33.0 % 512.07 33.8 % 452.83 43.4 %
Q1 2022 657.34 28.3 % 507.89 20.6 % 484.53 36.0 %
Q2 2022 709.28 29.9 % 552.96 23.6 % 519.70 33.2 %
Q3 2022 739.96 27.0 % 555.77 16.2 % 557.50 32.4 %
Q4 2022 761.62 22.1 % 564.92 10.3 % 568.34 25.5 %

Ratios

Period Customer Deposits Per Total Assets Financing Investments/Customer Deposits Financing Investments/Total Assets
Q1 2013 84.11 % 77.86 % 65.49 %
Q2 2013 83.22 % 81.30 % 67.66 %
Q3 2013 82.61 % 82.23 % 67.93 %
Q4 2013 82.75 % 80.67 % 66.75 %
Q1 2014 82.81 % 80.94 % 67.02 %
Q2 2014 83.15 % 81.87 % 68.07 %
Q3 2014 83.70 % 81.45 % 68.17 %
Q4 2014 83.22 % 80.42 % 66.93 %
Q1 2015 83.79 % 76.40 % 64.01 %
Q2 2015 82.38 % 78.17 % 64.40 %
Q3 2015 83.50 % 77.30 % 64.55 %
Q4 2015 81.69 % 81.54 % 66.60 %
Q1 2016 82.41 % 81.22 % 66.93 %
Q2 2016 82.28 % 82.35 % 67.75 %
Q3 2016 82.48 % 82.86 % 68.34 %
Q4 2016 80.24 % 82.54 % 66.23 %
Q1 2017 80.45 % 84.57 % 68.03 %
Q2 2017 82.58 % 81.57 % 67.36 %
Q3 2017 79.90 % 86.33 % 68.98 %
Q4 2017 79.58 % 85.53 % 68.06 %
Q1 2018 81.49 % 80.38 % 65.50 %
Q2 2018 80.67 % 80.80 % 65.18 %
Q3 2018 81.23 % 80.33 % 65.25 %
Q4 2018 80.74 % 78.85 % 63.66 %
Q1 2019 80.84 % 80.01 % 64.68 %
Q2 2019 81.41 % 79.35 % 64.60 %
Q3 2019 81.23 % 81.85 % 66.49 %
Q4 2019 81.34 % 79.92 % 65.01 %
Q1 2020 80.55 % 82.81 % 66.70 %
Q2 2020 80.12 % 82.15 % 65.82 %
Q3 2020 80.25 % 83.90 % 67.33 %
Q4 2020 81.61 % 82.51 % 67.34 %
Q1 2021 82.24 % 84.54 % 69.53 %
Q2 2021 81.94 % 87.22 % 71.46 %
Q3 2021 82.09 % 88.00 % 72.25 %
Q4 2021 82.11 % 88.43 % 72.61 %
Q1 2022 77.26 % 95.40 % 73.71 %
Q2 2022 77.96 % 93.99 % 73.27 %
Q3 2022 75.11 % 100.31 % 75.34 %
Q4 2022 74.17 % 100.60 % 74.62 %


Per Share Data (Riyal)

Compared With The
Period Shares Outstanding (M) EPS (Riyal) Adjusted EPS (Riyal) EPS Diluted (Riyal) Book Value (BV)
Q1 2013 4,000.00 1.98 1.98 - 8.92
Q2 2013 4,000.00 1.99 1.99 - 9.38
Q3 2013 4,000.00 1.95 1.95 - 9.24
Q4 2013 4,000.00 1.86 1.86 - 9.62
Q1 2014 4,000.00 1.77 1.77 - 10.05
Q2 2014 4,000.00 1.73 1.73 - 10.17
Q3 2014 4,000.00 1.72 1.72 - 10.11
Q4 2014 4,000.00 1.71 1.71 - 10.47
Q1 2015 4,000.00 1.66 1.66 - 10.54
Q2 2015 4,000.00 1.66 1.66 - 11.02
Q3 2015 4,000.00 1.68 1.68 - 11.24
Q4 2015 4,000.00 1.78 1.78 - 11.66
Q1 2016 4,000.00 1.91 1.91 - 11.75
Q2 2016 4,000.00 1.93 1.93 - 12.26
Q3 2016 4,000.00 2.01 2.01 - 12.45
Q4 2016 4,000.00 2.03 2.03 - 12.99
Q1 2017 4,000.00 2.08 2.08 - 12.86
Q2 2017 4,000.00 2.11 2.11 - 13.40
Q3 2017 4,000.00 2.18 2.18 - 13.34
Q4 2017 4,000.00 2.28 2.28 - 13.94
Q1 2018 4,000.00 2.30 2.30 - 12.61
Q2 2018 4,000.00 2.37 2.37 - 13.20
Q3 2018 4,000.00 2.44 2.44 - 12.99
Q4 2018 4,000.00 0.94 2.29 - 12.08
Q1 2019 4,000.00 1.01 2.36 - 12.74
Q2 2019 4,000.00 1.02 2.37 - 12.45
Q3 2019 4,000.00 1.08 2.43 - 12.19
Q4 2019 4,000.00 2.54 2.54 - 12.80
Q1 2020 4,000.00 2.49 2.49 - 12.40
Q2 2020 4,000.00 2.47 2.47 - 12.98
Q3 2020 4,000.00 2.45 2.45 - 13.73
Q4 2020 4,000.00 2.65 2.65 - 14.53
Q1 2021 4,000.00 2.89 2.89 - 14.81
Q2 2021 4,000.00 3.18 3.18 - 14.92
Q3 2021 4,000.00 3.46 3.46 - 15.90
Q4 2021 4,000.00 3.69 3.69 - 16.82
Q1 2022 4,000.00 3.89 3.89 - 17.97
Q2 2022 4,000.00 4.05 4.05 - 18.85
Q3 2022 4,000.00 4.19 4.19 - 19.90
Q4 2022 4,000.00 4.29 4.29 4.23 20.93

Multiple Ratios (End of Period Price)

Compared With The
Period P/E Adjusted P/E Price/book
Q1 2013 12.45 12.45 2.77
Q2 2013 13.58 13.58 2.88
Q3 2013 14.86 14.86 3.14
Q4 2013 14.73 14.73 2.85
Q1 2014 15.82 15.82 2.79
Q2 2014 15.85 15.85 2.70
Q3 2014 16.89 16.89 2.87
Q4 2014 12.23 12.23 2.00
Q1 2015 14.05 14.05 2.22
Q2 2015 14.91 14.91 2.25
Q3 2015 13.34 13.34 1.99
Q4 2015 11.88 11.88 1.82
Q1 2016 11.06 11.06 1.79
Q2 2016 12.28 12.28 1.94
Q3 2016 10.45 10.45 1.69
Q4 2016 12.62 12.62 1.97
Q1 2017 12.46 12.46 2.02
Q2 2017 13.40 13.40 2.12
Q3 2017 12.30 12.30 2.01
Q4 2017 11.52 11.52 1.88
Q1 2018 13.33 13.33 2.43
Q2 2018 14.77 14.77 2.66
Q3 2018 14.66 14.66 2.75
Q4 2018 37.75 15.51 2.94
Q1 2019 43.73 18.68 3.46
Q2 2019 42.62 18.36 3.50
Q3 2019 36.70 16.29 3.25
Q4 2019 16.10 16.10 3.19
Q1 2020 13.49 13.49 2.71
Q2 2020 14.33 14.33 2.73
Q3 2020 16.78 16.78 2.99
Q4 2020 17.37 17.37 3.17
Q1 2021 21.39 21.39 4.17
Q2 2021 21.82 21.82 4.65
Q3 2021 22.12 22.12 4.82
Q4 2021 24.04 24.04 5.27
Q1 2022 25.83 25.83 5.59
Q2 2022 20.37 20.37 4.38
Q3 2022 19.40 19.40 4.09
Q4 2022 17.78 17.78 3.59

Business Segments (Million)

Compared With The
Period Retail Corporate and Institutional Banking Global markets and Treasury Investment Banking and Brokerage Others
Q1 2013 2,442.26 453.00 333.00 213.00 -
Q2 2013 2,558.28 340.35 329.32 206.93 -
Q3 2013 2,574.82 513.26 246.41 93.12 -
Q4 2013 2,250.99 540.62 547.20 202.47 -
Q1 2014 2,473.81 455.85 345.28 223.00 -
Q2 2014 2,388.47 646.75 289.71 318.67 -
Q3 2014 2,651.16 501.66 381.88 (95.29) -
Q4 2014 2,726.69 (47.16) 293.61 112.90 -
Q1 2015 2,589.61 373.42 306.52 152.70 -
Q2 2015 2,561.53 515.14 282.74 175.25 -
Q3 2015 2,417.29 521.88 146.55 109.35 -
Q4 2015 2,812.27 242.32 345.11 194.11 -
Q1 2016 2,687.48 387.37 447.63 172.57 -
Q2 2016 2,917.24 409.74 472.94 156.25 -
Q3 2016 2,823.92 605.71 322.21 126.01 -
Q4 2016 2,589.42 591.98 516.81 114.11 -
Q1 2017 2,932.19 689.54 109.86 121.49 -
Q2 2017 2,673.54 438.84 666.59 97.99 -
Q3 2017 2,787.15 602.89 482.72 103.61 -
Q4 2017 3,445.50 578.22 47.58 127.16 -
Q1 2018 2,770.66 580.10 653.28 138.37 -
Q2 2018 2,874.80 573.65 704.21 135.40 -
Q3 2018 2,968.91 575.21 722.65 116.59 -
Q4 2018 3,009.07 586.02 764.00 146.61 -
Q1 2019 3,164.28 638.35 733.97 102.34 -
Q2 2019 3,429.66 618.86 701.17 111.42 -
Q3 2019 3,500.25 627.28 755.75 97.96 -
Q4 2019 3,496.63 647.44 707.46 151.65 -
Q1 2020 3,470.22 631.90 750.56 114.88 -
Q2 2020 3,400.41 488.18 766.88 152.30 -
Q3 2020 2,996.99 740.72 1,155.71 258.72 -
Q4 2020 3,555.06 784.33 1,174.94 279.47 -
Q1 2021 3,500.80 744.34 1,408.57 293.87 -
Q2 2021 3,533.29 749.68 1,795.10 258.25 -
Q3 2021 3,393.98 860.61 2,108.46 214.63 -
Q4 2021 3,622.46 490.01 2,534.96 207.38 -
Q1 2022 3,240.62 909.28 2,546.87 259.81 -
Q2 2022 3,509.87 1,073.54 2,270.14 278.07 -
Q3 2022 3,875.36 1,260.43 1,850.31 220.36 -
Q4 2022 4,791.59 1,374.36 848.81 249.39 -

Analysts Estimates (Million)

Item Q4 2022 (e) Q4 2022 (a) Change‬
Average 4,394.11 4,404.33 0.23 %

Estimates vs Actual (Million)

Item Q4 2022 (e) Q4 2022 (a) Change
Riyad Capital 4,382.00 4,404.33 0.5 %
SNB Capital 4,428.00 4,404.33 (0.5) %
U-Capital 4,380.90 4,404.33 0.5 %
Sico 4,440.00 4,404.33 (0.8) %
AlJazira Capital 4,452.90 4,404.33 (1.1) %
Hermes 4,344.00 4,404.33 1.4 %
FAB Securities 4,338.00 4,404.33 1.5 %
OSOOL AND BAKHEET 4,621.18 4,404.33 (4.7) %
Goldman Sachs 4,160.00 4,404.33 5.9 %

Current
Market Cap (M) 339,600.00
Shares Outstanding ((M)) 4,000.00
EPS ( Riyal) (TTM) 4.36
EPS Diluted ( Riyal) (TTM) 4.14
Book Value (BV) ( Riyal) 23.47
Par Value ( Riyal) 10.00
Adjusted P/E (Last12) 19.48
P/E (TTM) 19.48
Price/book 3.62
Return on Average Assets (%) (TTM) 2.1
Return on Average Equity (%) (TTM) 19.3

Share Price

84.90
(2.50) (2.86 %)

Al Rajhi Bank (ALRAJHI)


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