Al Rajhi Bank records highest close since May 2022
Shares of Al Rajhi Bank gained 2% today, Jan. 29, reaching SAR 100.40 to mark highest close since May 2022.
The stock was traded at about 15 million shares, worth SAR 1.5 billion.
Before start of trading today, the bank announced its financial results for the fourth quarter of 2024, which came in above market expectations. The blue-chip lender also proposed cash dividends to shareholders.
Year High (SAR) | Year Low (SAR) |
100.60 | 75.50 |
Highest Since Debut (SAR) | Lowest Since Debut (SAR) |
117.40 | 2.16 |
Market Data :
Open | 100.60 |
Low | 99.20 |
High | 100.80 |
Previous Close | 100.40 |
Change (3M) | 13.83 % |
Change (6M) | 17.98 % |
Market Value | 398,800.00 |
Avg. Volume (3M) | 4,271,784.36 |
Avg. Turnover (3M) | 399,107,928.73 |
Avg. Transaction (3M) | 8,897.05 |
Change(12M) | 10.94 % |
YTD | 6.13 % |
Al Rajhi Bank made several changes to its capital as follows:
Adjustments to the capital (M Riyal) :
Date | Type | Capital (M Riyal) | Change (%) |
2022 | Split | 40,000.00 | 60.00% |
2019 | Split | 25,000.00 | 53.85% |
2014 | Split | 16,250.00 | 8.33% |
2008 | Split | 15,000.00 | 11.11% |
2007 | Split | 13,500.00 | 100.00% |
2006 | Split | 6,750.00 | 50.00% |
2005 | Split | 4,500.00 | 100.00% |
1998 | Split | 2,250.00 | 50.00% |
1991 | Split | 1,500.00 | 100.00% |
Financial Performance :
Overview :
Al Rajhi bank provides Islamic banking and investment services through its affiliate "Al Rajhi Capital". The bank owns "Al Rajhi Ltd." in Malaysia and "AlRajhi Bank" in Kuwait. Al Rajhi Investment bank was founded in 1987.
Financial Ratios :
Financial Ratio | Current |
Market Cap (M Riyal) | 398,400.00 |
Shares Outstanding ((M)) | 4,000.00 |
EPS ( | ) (TTM)4.93 |
Book Value (BV) ( Riyal) (Latest announcement) | 25.05 |
Adjusted P/E (Last12) | 20.20 |
Price/book | 3.98 |
Dividend Yield (%) (Last Year) | 2.72 |
Return on Average Assets (%) (TTM) | 2.21 |
Return on Average Equity (%) (TTM) | 20.71 |
EPS Diluted ( Riyal) | 4.67 |
Par Value ( Riyal) | 10.00 |
No upcoming events available
Analyst Estimates :
100.41
Fair Average Price
13
Number of Recommendations
Rating | Research firm | Current Price | Target Price | Change | |
Overweight | AlJazira Capital | 95.90 | 102.00 | 6.36 % | |
Overweight | AlJazira Capital | 91.90 | 102.00 | 10.99 % | |
Neutral | SNB Capital | 90.50 | 98.50 | 8.84 % | |
Hold | United Securities Company | 90.50 | 92.00 | 1.66 % | |
Overweight | ANB Capital | 91.00 | 106.00 | 16.48 % | |
Neutral | CI Capital | 91.00 | 93.50 | 2.75 % | |
Hold | Arqaam Capital | 91.50 | 86.00 | (6.01 %) | |
Hold | HSBC | 90.30 | 90.10 | (0.22 %) | |
Buy | YAQEEN | 92.70 | 107.00 | 15.43 % | |
Overweight | Morgan Stanley International | 93.40 | 116.00 | 24.20 % | |
Neutral | Citi Bank Group | 93.40 | 102.00 | 9.21 % | |
Buy | Bank of America | 93.40 | 115.20 | 23.34 % | |
Hold | FAB Securities | 94.40 | 95.00 | 0.64 % |
Call Request
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