Saudi National Bank shares hit highest level since listing

Logo of Saudi National Bank (SNB)

Shares of Saudi National Bank (SNB) hit their highest level since listing, at SAR 66 today, Oct. 24.

The bank announced today a net profit of SAR 3.785 billion for Q3 2021, a 20% year-on-year (YoY) increase.

National Commercial Bank (NCB) was listed in the Saudi Stock Exchange (Tadawul) in 2014, and merged with Samba Financial Group last April under Saudi National Bank brand with a capital of SAR 44.78 billion.

SNB Stock Performance
Annual High (SAR)	66.00	Today, Oct. 24, 2021
Annual Low (SAR)	38.60	Nov. 1, 2020
Historical High (SAR)	66.00	Today, Oct. 24, 2021
Historical Low (SAR)	21.34	Sept. 29, 2016
Highest Traded Volume (SAR mln)	96.50	Nov. 18, 2014

The following table shows the most important financial indicators of the bank:

Key Financial Indicators
Earnings Per Share (last 12 months) (SAR)	3.08
Operating P/E (last 12 months) (x)	21.23
Book Value (SAR)	35.66
P/B Ratio (x)	1.83

The bank increased its capital twice, one of which was for the purpose of merger with Samba, while the other was through issuing bonus shares.

Capital Amendments (SAR bln)
Date	Method	Previous Capital	New Capital	Variation
2020	Merger	30.00	44.78	+ 49%
2018	Bonus shares	20.00	30.00	+ 50%

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