Bank AlJazira logs highest close in 1 year

28/01/2024 Argaam Exclusive

Shares of Bank AlJazira, listed under the banks sector, rose 9% today, Jan. 28, to SAR 21.12, recording its highest close in more than a year, amid a trading volume of 15.2 million.

 

The stock hit an intra-day high of SAR 21.16.

Highest per Year (Riyal) Lowest per Year (Riyal)
16.93 12.26
Highest since listing (Riyal) Lowest since listing (Riyal)
59.45 1.01
Chart

Following today's rise, the stock gained nearly 20% over the past three months.

Market Data :

Open 16.60
Low 16.40
High 16.68
Previous Close 16.66
Change (3M) (1.27 %)
Change (6M) 7.27 %
Market Value 16,871.50
Avg. Volume (3M) 2,753,655.77
Avg. Turnover (3M) 44,389,437.72
Avg. Transaction (3M) 4,222.77
Change(12M) 13.30 %
YTD 10.03 %
Overview
Bank AlJazira made several changes to the capital including bonus shares distribution and rights issue.
 
The bank recommended on Jan. 25, a 25% capital increase by distributing one bonus share for every four existing shares, according to data compiled by Argaam.

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2024 Split   10,250.00 25.00%
2018 Right Issue   8,200.00 57.69%
2017 Split   5,200.00 30.00%
2014 Split   4,000.00 33.33%
2008 Split   3,000.00 33.33%
2007 Split   2,250.00 100.00%
2006 Split   1,125.00 50.00%
2004 Right Issue   750.00 25.00%
1994 Right Issue   600.00 50.00%
1993 IPO   400.00 300.00%
Company Action

Financial Performance :

Financial Statements

Overview :

Bank Al-Jazira was founded in 1975 when a group of investors undertook the businesses of The National Bank of Pakistan's (NBP) in Saudi Arabia. The bank provides full-fledged Shari'ah complaint banking services. The bank also provides assets management services through its affiliate "Al Jazira Capital". 
Profile


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 16,871.50
Shares Outstanding ((M)) 1,025.00
EPS ( Riyal) (TTM) 1.09
Book Value (BV) ( Riyal) (Latest announcement) 12.26
Adjusted P/E (Last12) 15.38
Price/book 1.34
Dividends Per Share ( Riyal) -
Dividend Yield (%) (Last Year) 3.40
Return on Average Assets (%) (TTM) 0.87
Return on Average Equity (%) (TTM) 9.06
EPS Diluted ( Riyal) 1.09
Par Value ( Riyal) 10.00
Ratios


Analyst Estimates :

15.48

Fair Average Price

2

Number of Recommendations

Rating Research firm Current Price Target Price Change
Neutral SNB Capital 15.04 15.76 4.79 %
Hold YAQEEN 15.36 15.20 (1.04 %)
Estimates

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