Riyad Bank closes at lowest level in 3 years

23/05/2024 Argaam Exclusive

Shares of Riyad Bank plunged by 3% today, May 23, to end at SAR 25.15 apiece, recording the lowest close in three years.

 

The stock touched an intraday low of SAR 25.10.
Highest per Year (Riyal) Lowest per Year (Riyal)
35.25 25.10
Highest since listing (Riyal) Lowest since listing (Riyal)
42.90 3.06
Chart

The stock’s year-to-date (YTD) losses increased to more than 10%.

Market Data :

Open 27.60
Low 27.50
High 27.95
Previous Close 27.95
Change (3M) (2.65 %)
Change (6M) (7.41 %)
Market Value 82,500.00
Avg. Volume (3M) 2,669,209.50
Avg. Turnover (3M) 69,251,068.73
Avg. Transaction (3M) 3,037.43
Change(12M) (20.75 %)
YTD (3.51 %)
Overview

The bank made several changes to its capital since its debut on the main market (TASI), as shown below:

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2014 Split   30,000.00 100.00%
2008 Right Issue   15,000.00 140.00%
2006 Split   6,250.00 25.00%
2005 Split   5,000.00 25.00%
1994 Split   4,000.00 100.00%
1991 IPO   2,000.00 66.67%
1991 Split   1,200.00 500.00%
1987 Split   200.00 300.00%
Company Action

Financial Performance :

Financial Statements

Overview :

Riyad Bank was founded in 1957 as a full-fledged banking services provider for retail & corporate clients. The Company’s affiliate "Riyad Capital" also provides assets management services. 
Profile


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 82,500.00
Shares Outstanding ((M)) 3,000.00
EPS ( Riyal) (TTM) 2.70
Book Value (BV) ( Riyal) (Latest announcement) 17.84
Adjusted P/E (Last12) 10.19
Price/book 1.54
Dividends Per Share ( Riyal) -
Dividend Yield (%) (Last Year) 5.08
Return on Average Assets (%) (TTM) 2.06
Return on Average Equity (%) (TTM) 15.76
EPS Diluted ( Riyal) 2.60
Par Value ( Riyal) 10.00
Ratios


Analyst Estimates :

35

Fair Average Price

3

Number of Recommendations

Rating Research firm Current Price Target Price Change
Buy United Securities Company 28.15 33.00 17.23 %
Buy FAB Securities 28.05 36.00 28.34 %
Buy FAB Securities 31.35 36.00 14.83 %
Estimates

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