SNB closes at highest price since November 2022
Saudi National Bank (SNB) stock rose today, Jan. 4, by more than 7% to SAR 42.75, notching its highest close since November 2022. Nearly 15.5 million shares were traded.
Today's increase brought the stock's three-month gains to around 20%.
Market Data :
Open | 33.05 |
Low | 32.75 |
High | 33.15 |
Previous Close | 33.10 |
Change (3M) | (11.13 %) |
Change (6M) | (3.53 %) |
Market Value | 196,500.00 |
Avg. Volume (3M) | 5,644,862.80 |
Avg. Turnover (3M) | 193,017,850.31 |
Avg. Transaction (3M) | 4,775.92 |
Change(12M) | (4.66 %) |
YTD | (15.27 %) |
The bank has made several capital adjustments, including merging with Samba Financial Group, since listing on Tadawul, as indicated below:
Adjustments to the capital (M Riyal) :
Date | Type | Capital (M Riyal) | Change (%) |
2023 | Split | 60,000.00 | 33.99% |
2020 | Private Offering | 44,780.00 | 49.27% |
2018 | Split | 30,000.00 | 50.00% |
2014 | IPO | 20,000.00 | 0.00% |
2014 | Split | 20,000.00 | 33.33% |
2007 | Split | 15,000.00 | 66.67% |
Financial Performance :
Overview :
The bank was originally founded in 1939 and commenced business as a general partnership company under the name “Saleh and Abdulaziz Kaki and Salem Bin Mahfouz Company”. In 2011, the Saudi government acquired a 79.29% stake in the bank, through the Public Investment Fund (PIF) and General Organization for Social Insurance (GOSI). In 2021, Samba Financial Group was merged into the bank including all rights and assets of the group creating the largest bank in Saudi Arabia under The...
Financial Ratios :
Financial Ratio | Current |
Market Cap (M Riyal) | 196,500.00 |
Shares Outstanding ((M)) | 6,000.00 |
EPS ( | ) (TTM)3.43 |
Book Value (BV) ( Riyal) (Latest announcement) | 27.98 |
Adjusted P/E (Last12) | 9.54 |
Price/book | 1.17 |
Dividends Per Share ( | )- |
Dividend Yield (%) (Last Year) | 5.34 |
Return on Average Assets (%) (TTM) | 1.91 |
Return on Average Equity (%) (TTM) | 12.83 |
EPS Diluted ( Riyal) | 3.34 |
Par Value ( Riyal) | 10.00 |
Calendar :
-
11 January
General Assembly
- -
14 February
Conferences
- -
01 May
Ex-dividend Date
- -
01 May
General Assembly
- -
14 May
Conferences
- -
14 May
Cash Dividend Distribution
-
Analyst Estimates :
46
Fair Average Price
5
Number of Recommendations
Rating | Research firm | Current Price | Target Price | Change | |
Buy | Sico | 34.30 | 45.00 | 31.20 % | |
Buy | FAB Securities | 34.30 | 47.00 | 37.03 % | |
Overweight | GIB Capital | 34.80 | 47.00 | 35.06 % | |
Buy | Riyad Capital | 35.95 | 45.00 | 25.17 % | |
Under Review | U-Capital | 32.00 | - |
Call Request
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