Financial Results : Riyad Bank’s H1 2023 profit up 27% to SAR 4 bln; Q2 at SAR 1.98 bln

Riyad Bank’s H1 2023 profit up 27% to SAR 4 bln; Q2 at SAR 1.98 bln

19/07/2023 Argaam Exclusive

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Riyad Bank posted a 27% rise in H1 2023 net profit to SAR 4 billion, compared to SAR 3.16 billion in the prior-year period.



Financials (M)

Item 6m 2022 6m 2023 Change‬
Net Special Commission Income 4,528.61 6,197.47 36.9 %
Operating Income 6,332.00 7,988.55 26.2 %
Total Provisions (449.18) (1065.33) (137.2 %)
Net Income 3,163.82 4,001.91 26.5 %
Average Shares 3,000.00 3,000.00 -
Earnings Per Share before unusual items (Riyals) 1.05 1.33 26.5 %
EPS (Riyal) 1.05 1.33 26.5 %
EPS Diluted (Riyal) 1.04 1.28 23.1 %

The year-on-year (YoY) profit increase was attributed to a rise in total operating income, mainly due to higher net special commission income, trading gains, exchange income, net and other operating income. However, this was partially offset by a drop in gains on disposal of non-trading investments, net fee and commission income, and dividend income.

 

On the other hand, the bank reported higher operating expenses (OpEx) due to an increase in the net provision for impairment of credit losses and other financial assets, along with other general and administrative expenses.



Current Quarter Comparison (M)

Compared With The
Item Q2 2022 Q2 2023 Change‬
Net Special Commission Income 2,396.73 3,109.12 29.7 %
Operating Income 3,230.47 3,952.32 22.3 %
Debt Provisions (301.53) (484.44) (60.7 %)
Net Income 1,611.23 1,982.32 23.0 %
Average Shares 3,000.00 3,000.00 -
Earnings Per Share before unusual items (Riyal) 0.54 0.66 23.0 %
EPS (Riyal) 0.54 0.66 23.0 %
EPS Diluted (Riyal) 0.53 0.64 20.8 %

The three-month net profit jumped 23% to SAR 1.98 billion from SAR 1.61 billion in Q2 2022.

 

Net profit decreased by 1.8% from SAR 2.01 billion in Q1 2023.

 

Shareholders’ equity, no minority interest, increased to SAR 51.12 billion as of June 30, 2023, from SAR 46.63 billion a year earlier.

Balance Sheet (B)

Item 6m 2022 6m 2023 Change‬
Assets 357.95 389.24 8.7 %
Customer Deposits 237.48 272.27 14.6 %
Loan 239.65 263.15 9.8 %

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Financial results (Million)

Period Net Special Commission Income Change Operating Income Change Debt Provisions Change
Q1 2014 1,229.64 12.9 % 1,932.04 12.0 % (203.77) (6.6 %)
Q2 2014 1,256.38 7.7 % 2,094.96 15.4 % (262.98) (33.3 %)
Q3 2014 1,315.71 8.3 % 1,990.25 14.5 % (217.40) (55.7 %)
Q4 2014 1,328.51 8.3 % 1,994.52 11.1 % (215.92) (117.1 %)
Q1 2015 1,281.74 4.2 % 2,047.81 6.0 % (127.80) 37.3 %
Q2 2015 1,293.48 3.0 % 1,901.43 (9.2 %) (315.33) (19.9 %)
Q3 2015 1,261.05 (4.2 %) 1,862.11 (6.4 %) (358.11) (64.7 %)
Q4 2015 1,343.51 1.1 % 1,888.02 (5.3 %) (229.49) (6.3 %)
Q1 2016 1,267.32 (1.1 %) 1,786.17 (12.8 %) (104.82) 18.0 %
Q2 2016 1,360.12 5.2 % 2,026.99 6.6 % (85.11) 73.0 %
Q3 2016 1,320.55 4.7 % 1,854.88 (0.4 %) (335.22) 6.4 %
Q4 2016 1,353.05 0.7 % 1,833.24 (2.9 %) (761.26) (231.7 %)
Q1 2017 1,425.31 12.5 % 2,007.29 12.4 % (217.11) (107.1 %)
Q2 2017 1,473.21 8.3 % 1,983.91 (2.1 %) (371.45) (336.4 %)
Q3 2017 1,538.68 16.5 % 2,076.13 11.9 % (288.12) 14.0 %
Q4 2017 1,497.87 10.7 % 2,057.89 12.3 % (350.80) 53.9 %
Q1 2018 1,523.19 6.9 % 2,129.55 6.1 % (196.44) 9.5 %
Q2 2018 1,629.57 10.6 % 2,173.53 9.6 % (328.81) 11.5 %
Q3 2018 1,717.41 11.6 % 2,280.89 9.9 % (243.09) 15.6 %
Q4 2018 1,758.30 17.4 % 2,383.44 15.8 % (170.37) 51.4 %
Q1 2019 1,808.72 18.7 % 2,580.14 21.2 % (162.37) 17.3 %
Q2 2019 1,962.95 20.5 % 2,669.57 22.8 % (283.05) 13.9 %
Q3 2019 2,034.23 18.4 % 2,762.69 21.1 % (189.84) 21.9 %
Q4 2019 2,031.12 15.5 % 2,704.66 13.5 % (334.93) (96.6 %)
Q1 2020 1,989.32 10.0 % 2,885.48 11.8 % (303.40) (86.9 %)
Q2 2020 2,115.75 7.8 % 2,708.95 1.5 % (569.99) (101.4 %)
Q3 2020 2,072.67 1.9 % 2,820.99 2.1 % (466.07) (145.5 %)
Q4 2020 2,035.87 0.2 % 2,789.71 3.1 % (647.62) (93.4 %)
Q1 2021 2,095.80 5.4 % 2,823.83 (2.1 %) (249.40) 17.8 %
Q2 2021 2,146.02 1.4 % 2,978.09 9.9 % (229.32) 59.8 %
Q3 2021 1,981.71 (4.4 %) 2,816.58 (0.2 %) (138.62) 70.3 %
Q4 2021 2,069.63 1.7 % 2,949.34 5.7 % (243.52) 62.4 %
Q1 2022 2,131.88 1.7 % 3,101.53 9.8 % (147.66) 40.8 %
Q2 2022 2,396.73 11.7 % 3,230.47 8.5 % (301.53) (31.5 %)
Q3 2022 2,672.19 34.8 % 3,525.13 25.2 % (203.53) (46.8 %)
Q4 2022 2,851.65 37.8 % 3,742.24 26.9 % (377.88) (55.2 %)
Q1 2023 3,088.35 44.9 % 4,036.23 30.1 % (580.89) (293.4 %)
Q2 2023 3,109.12 29.7 % 3,952.32 22.3 % (484.44) (60.7 %)


Profit Performance (Million)

Period Net Income Change EPS(Riyal) Extraordinary Income/Expense Net Profit Before Unusual Items EPS(Riyal)
Q1 2014 1,079.45 13.5 % 0.36 - 1,079.45 0.36
Q2 2014 1,136.26 17.4 % 0.38 - 1,136.26 0.38
Q3 2014 1,076.29 7.9 % 0.36 - 1,076.29 0.36
Q4 2014 1,060.41 2.9 % 0.35 - 1,060.41 0.35
Q1 2015 1,171.60 8.5 % 0.39 - 1,171.60 0.39
Q2 2015 1,128.23 (0.7 %) 0.38 266.60 861.63 0.29
Q3 2015 898.55 (16.5 %) 0.30 - 898.55 0.30
Q4 2015 851.10 (19.7 %) 0.28 - 851.10 0.28
Q1 2016 1,173.72 0.2 % 0.39 201.00 972.72 0.32
Q2 2016 1,145.98 1.6 % 0.38 - 1,145.98 0.38
Q3 2016 729.43 (18.8 %) 0.24 - 729.43 0.24
Q4 2016 293.37 (65.5 %) 0.10 - 293.37 0.10
Q1 2017 1,047.36 (10.8 %) 0.35 - 1,047.36 0.35
Q2 2017 847.92 (26.0 %) 0.28 - 847.92 0.28
Q3 2017 1,076.85 47.6 % 0.36 - 1,076.85 0.36
Q4 2017 973.88 232.0 % 0.32 - 973.88 0.32
Q1 2018 916.83 (12.5 %) 0.31 - 916.83 0.31
Q2 2018 842.49 (0.6 %) 0.28 - 842.49 0.28
Q3 2018 945.01 (12.2 %) 0.32 - 945.01 0.32
Q4 2018 387.75 (60.2 %) 0.13 (744.00) 1,131.75 0.38
Q1 2019 1,484.79 61.9 % 0.49 - 1,484.79 0.49
Q2 2019 1,499.75 78.0 % 0.50 - 1,499.75 0.50
Q3 2019 1,506.35 59.4 % 0.50 - 1,506.35 0.50
Q4 2019 1,111.18 186.6 % 0.37 - 1,111.18 0.37
Q1 2020 1,476.43 (0.6 %) 0.49 - 1,476.43 0.49
Q2 2020 1,063.05 (29.1 %) 0.35 - 1,063.05 0.35
Q3 2020 1,295.98 (14.0 %) 0.43 - 1,295.98 0.43
Q4 2020 879.54 (20.8 %) 0.29 - 879.54 0.29
Q1 2021 1,353.62 (8.3 %) 0.45 - 1,353.62 0.45
Q2 2021 1,511.60 42.2 % 0.50 - 1,511.60 0.50
Q3 2021 1,542.81 19.0 % 0.51 - 1,542.81 0.51
Q4 2021 1,617.36 83.9 % 0.54 - 1,617.36 0.54
Q1 2022 1,552.59 14.7 % 0.52 - 1,552.59 0.52
Q2 2022 1,611.23 6.6 % 0.54 - 1,611.23 0.54
Q3 2022 1,827.67 18.5 % 0.61 - 1,827.67 0.61
Q4 2022 2,027.83 25.4 % 0.68 - 2,027.83 0.68
Q1 2023 2,019.59 30.1 % 0.67 - 2,019.59 0.67
Q2 2023 1,982.32 23.0 % 0.66 - 1,982.32 0.66

Profitability

Period Return On Average Assets Return on Average Equity Net Interest Income/Total Operating Income
Q1 2014 2.05 % 12.43 % 66.43 %
Q2 2014 2.09 % 12.97 % 65.17 %
Q3 2014 2.06 % 12.82 % 64.36 %
Q4 2014 2.07 % 12.54 % 64.03 %
Q1 2015 2.08 % 12.61 % 63.76 %
Q2 2015 2.03 % 12.61 % 65.79 %
Q3 2015 1.96 % 12.06 % 66.17 %
Q4 2015 1.85 % 11.24 % 67.28 %
Q1 2016 1.83 % 10.95 % 69.45 %
Q2 2016 1.81 % 11.00 % 69.18 %
Q3 2016 1.77 % 10.71 % 70.03 %
Q4 2016 1.52 % 9.09 % 70.67 %
Q1 2017 1.45 % 8.67 % 70.69 %
Q2 2017 1.31 % 7.88 % 72.56 %
Q3 2017 1.48 % 8.74 % 73.29 %
Q4 2017 1.82 % 10.44 % 73.05 %
Q1 2018 1.77 % 10.43 % 73.15 %
Q2 2018 1.75 % 10.36 % 73.36 %
Q3 2018 1.66 % 9.89 % 73.69 %
Q4 2018 1.39 % 8.20 % 73.92 %
Q1 2019 1.62 % 9.92 % 73.41 %
Q2 2019 1.87 % 11.31 % 73.10 %
Q3 2019 2.05 % 12.84 % 72.76 %
Q4 2019 2.26 % 14.49 % 73.13 %
Q1 2020 2.15 % 14.83 % 72.74 %
Q2 2020 1.91 % 12.86 % 73.86 %
Q3 2020 1.77 % 12.08 % 73.82 %
Q4 2020 1.64 % 11.10 % 73.30 %
Q1 2021 1.56 % 11.20 % 74.66 %
Q2 2021 1.65 % 11.81 % 73.17 %
Q3 2021 1.69 % 11.92 % 72.40 %
Q4 2021 1.90 % 13.15 % 71.69 %
Q1 2022 1.90 % 13.49 % 70.32 %
Q2 2022 1.87 % 13.87 % 70.92 %
Q3 2022 1.98 % 14.24 % 72.39 %
Q4 2022 2.05 % 14.49 % 73.92 %
2022 2.05 % 14.49 % 73.92 %
Q1 2023 2.05 % 15.38 % 75.75 %
Q2 2023 2.10 % 16.07 % 76.83 %

Balance Sheet (B)

Period Assets Change Customer Deposits Change Loan Change
Q1 2014 211.41 13.4 % 159.95 11.1 % 136.77 13.1 %
Q2 2014 213.99 11.7 % 160.10 8.3 % 140.77 11.6 %
Q3 2014 217.07 7.6 % 161.64 4.8 % 140.70 8.3 %
Q4 2014 214.59 4.6 % 164.08 7.1 % 133.49 1.8 %
Q1 2015 216.53 2.4 % 165.02 3.2 % 138.04 0.9 %
Q2 2015 222.48 4.0 % 167.07 4.4 % 137.10 (2.6 %)
Q3 2015 216.98 0.0 % 161.12 (0.3 %) 138.46 (1.6 %)
Q4 2015 223.32 4.1 % 167.85 2.3 % 145.07 8.7 %
Q1 2016 227.00 4.8 % 165.76 0.4 % 152.56 10.5 %
Q2 2016 227.78 2.4 % 164.04 (1.8 %) 154.67 12.8 %
Q3 2016 223.47 3.0 % 160.82 (0.2 %) 152.63 10.2 %
Q4 2016 217.62 (2.6 %) 156.68 (6.7 %) 142.91 (1.5 %)
Q1 2017 216.32 (4.7 %) 154.19 (7.0 %) 140.92 (7.6 %)
Q2 2017 218.99 (3.9 %) 156.98 (4.3 %) 141.18 (8.7 %)
Q3 2017 218.22 (2.3 %) 156.05 (3.0 %) 142.07 (6.9 %)
Q4 2017 216.28 (0.6 %) 154.37 (1.5 %) 138.84 (2.8 %)
Q1 2018 213.67 (1.2 %) 151.92 (1.5 %) 141.22 0.2 %
Q2 2018 215.48 (1.6 %) 153.42 (2.3 %) 144.31 2.2 %
Q3 2018 225.97 3.5 % 159.24 2.0 % 145.76 2.6 %
Q4 2018 229.90 6.3 % 169.82 10.0 % 151.02 8.8 %
Q1 2019 239.52 12.1 % 173.49 14.2 % 158.24 12.1 %
Q2 2019 246.12 14.2 % 176.51 15.1 % 161.32 11.8 %
Q3 2019 250.57 10.9 % 177.67 11.6 % 166.28 14.1 %
Q4 2019 265.79 15.6 % 194.52 14.5 % 173.98 15.2 %
Q1 2020 279.70 16.8 % 192.90 11.2 % 182.78 15.5 %
Q2 2020 295.08 19.9 % 199.99 13.3 % 187.65 16.3 %
Q3 2020 308.56 23.1 % 201.29 13.3 % 190.82 14.8 %
Q4 2020 310.09 16.7 % 203.04 4.4 % 191.35 10.0 %
Q1 2021 308.04 10.1 % 198.60 3.0 % 196.44 7.5 %
Q2 2021 317.27 7.5 % 202.45 1.2 % 204.74 9.1 %
Q3 2021 318.66 3.3 % 204.00 1.3 % 210.48 10.3 %
Q4 2021 325.74 5.0 % 211.68 4.3 % 217.29 13.6 %
Q1 2022 348.47 13.1 % 232.42 17.0 % 234.79 19.5 %
Q2 2022 357.95 12.8 % 237.48 17.3 % 239.65 17.0 %
Q3 2022 347.88 9.2 % 235.89 15.6 % 241.59 14.8 %
Q4 2022 359.65 10.4 % 240.01 13.4 % 242.36 11.5 %
Q1 2023 380.62 9.2 % 257.28 10.7 % 251.98 7.3 %
Q2 2023 389.24 8.7 % 272.27 14.7 % 263.15 9.8 %

Ratios

Period Customer Deposits Per Total Assets Loans and advances/Total assets Loans and advances/Customers Deposits
Q1 2014 75.66 % 64.70 % 85.51 %
Q2 2014 74.82 % 65.78 % 87.93 %
Q3 2014 74.47 % 64.82 % 87.05 %
Q4 2014 76.46 % 62.21 % 81.36 %
Q1 2015 76.21 % 63.75 % 83.65 %
Q2 2015 75.10 % 61.62 % 82.06 %
Q3 2015 74.26 % 63.82 % 85.94 %
Q4 2015 75.16 % 64.96 % 86.42 %
Q1 2016 73.02 % 67.21 % 92.04 %
Q2 2016 72.02 % 67.90 % 94.28 %
Q3 2016 71.96 % 68.30 % 94.91 %
Q4 2016 72.00 % 65.67 % 91.21 %
Q1 2017 71.28 % 65.14 % 91.39 %
Q2 2017 71.68 % 64.47 % 89.94 %
Q3 2017 71.51 % 65.10 % 91.04 %
Q4 2017 71.37 % 64.19 % 89.94 %
Q1 2018 71.10 % 66.09 % 92.96 %
Q2 2018 71.20 % 66.97 % 94.06 %
Q3 2018 70.47 % 64.51 % 91.53 %
Q4 2018 73.87 % 65.69 % 88.93 %
Q1 2019 72.43 % 66.07 % 91.21 %
Q2 2019 71.72 % 65.55 % 91.40 %
Q3 2019 70.91 % 66.36 % 93.59 %
Q4 2019 73.19 % 65.46 % 89.44 %
Q1 2020 68.97 % 65.35 % 94.75 %
Q2 2020 67.77 % 63.59 % 93.83 %
Q3 2020 65.24 % 61.84 % 94.80 %
Q4 2020 65.48 % 61.71 % 94.24 %
Q1 2021 64.47 % 63.77 % 98.91 %
Q2 2021 63.81 % 64.53 % 101.13 %
Q3 2021 64.02 % 66.05 % 103.18 %
Q4 2021 64.98 % 66.71 % 102.65 %
Q1 2022 66.70 % 67.38 % 101.02 %
Q2 2022 66.34 % 66.95 % 100.92 %
Q3 2022 67.81 % 69.44 % 102.41 %
Q4 2022 66.73 % 67.39 % 100.98 %
Q1 2023 67.59 % 66.20 % 97.94 %
Q2 2023 69.95 % 67.61 % 96.65 %


Per Share Data (Riyal)

Compared With The
Period Shares Outstanding (M) EPS (Riyal) Earnings Per Share before unusual items (Riyal) EPS Diluted (Riyal) Book Value (BV)
Q1 2014 3,000.00 1.36 1.36 1.36 11.25
Q2 2014 3,000.00 1.41 1.41 1.41 11.27
Q3 2014 3,000.00 1.44 1.44 1.44 11.62
Q4 2014 3,000.00 1.45 1.45 1.45 11.85
Q1 2015 3,000.00 1.48 1.48 1.48 12.25
Q2 2015 3,000.00 1.48 1.39 1.48 12.19
Q3 2015 3,000.00 1.42 1.33 1.42 11.92
Q4 2015 3,000.00 1.35 1.26 1.35 12.18
Q1 2016 3,000.00 1.35 1.19 1.35 12.42
Q2 2016 3,000.00 1.36 1.29 1.36 12.47
Q3 2016 3,000.00 1.30 1.23 1.30 12.35
Q4 2016 3,000.00 1.11 1.05 1.11 12.32
Q1 2017 3,000.00 1.07 1.07 1.07 12.32
Q2 2017 3,000.00 0.97 0.97 0.97 12.21
Q3 2017 3,000.00 1.09 1.09 1.09 12.56
Q4 2017 3,000.00 1.32 1.32 1.32 12.87
Q1 2018 3,000.00 1.27 1.27 1.27 12.06
Q2 2018 3,000.00 1.27 1.27 1.27 12.31
Q3 2018 3,000.00 1.23 1.23 1.23 12.25
Q4 2018 3,000.00 1.03 1.28 1.03 12.26
Q1 2019 3,000.00 1.22 1.47 1.22 12.55
Q2 2019 3,000.00 1.44 1.69 1.44 13.14
Q3 2019 3,000.00 1.63 1.87 1.63 13.08
Q4 2019 3,000.00 1.87 1.87 1.87 13.52
Q1 2020 3,000.00 1.86 1.86 1.86 12.60
Q2 2020 3,000.00 1.72 1.72 1.72 13.60
Q3 2020 3,000.00 1.65 1.65 1.65 14.22
Q4 2020 3,000.00 1.57 1.57 1.57 14.79
Q1 2021 3,000.00 1.53 1.53 1.53 14.74
Q2 2021 3,000.00 1.68 1.68 1.68 14.85
Q3 2021 3,000.00 1.76 1.76 1.76 15.35
Q4 2021 3,000.00 2.01 2.01 2.01 15.77
Q1 2022 3,000.00 2.07 2.07 2.07 16.02
Q2 2022 3,000.00 2.11 2.11 2.09 15.55
Q3 2022 3,000.00 2.20 2.20 2.18 15.59
Q4 2022 3,000.00 2.34 2.34 2.32 16.53
Q1 2023 3,000.00 2.50 2.50 2.45 16.42
Q2 2023 3,000.00 2.62 2.62 2.56 17.04

Multiple Ratios (End of Period Price)

Compared With The
Period P/E Recurring P/E Price/book
Q1 2014 12.85 12.85 1.55
Q2 2014 12.69 12.69 1.59
Q3 2014 14.65 14.65 1.82
Q4 2014 11.71 11.71 1.43
Q1 2015 11.35 11.35 1.37
Q2 2015 11.27 11.99 1.37
Q3 2015 9.87 10.53 1.18
Q4 2015 9.20 9.85 1.02
Q1 2016 8.33 9.42 0.91
Q2 2016 8.07 8.48 0.88
Q3 2016 7.70 8.12 0.81
Q4 2016 10.37 11.03 0.94
Q1 2017 9.83 9.83 0.86
Q2 2017 11.25 11.25 0.90
Q3 2017 10.80 10.80 0.94
Q4 2017 9.50 9.50 0.97
Q1 2018 10.91 10.91 1.15
Q2 2018 12.80 12.80 1.32
Q3 2018 13.56 13.56 1.36
Q4 2018 19.23 15.50 1.62
Q1 2019 19.75 16.42 1.92
Q2 2019 18.73 15.97 2.05
Q3 2019 15.00 13.02 1.87
Q4 2019 12.85 12.85 1.77
Q1 2020 8.02 8.02 1.19
Q2 2020 9.81 9.81 1.24
Q3 2020 11.31 11.31 1.31
Q4 2020 12.85 12.85 1.37
Q1 2021 14.66 14.66 1.52
Q2 2021 15.77 15.77 1.78
Q3 2021 15.32 15.32 1.76
Q4 2021 13.49 13.49 1.72
Q1 2022 18.16 18.16 2.34
Q2 2022 15.33 15.33 2.06
Q3 2022 14.57 14.57 2.04
Q4 2022 13.71 13.71 1.92
Q1 2023 12.12 12.12 1.81
Q2 2023 13.14 13.14 1.97

Business Segments (Million)

Compared With The
Period Corporate and Institutional Banking Retail Treasury and Investment Investment Banking and Brokerage Others
Q1 2014 923.48 587.96 269.14 92.29 59.18
Q2 2014 889.64 681.85 334.94 113.23 75.32
Q3 2014 858.09 615.03 349.86 102.37 64.91
Q4 2014 950.36 617.23 242.76 100.75 83.42
Q1 2015 939.86 652.58 326.35 92.89 36.12
Q2 2015 886.75 658.54 251.82 103.87 267.05
Q3 2015 783.54 635.58 374.95 73.52 (5.48)
Q4 2015 758.45 785.92 177.09 92.85 73.72
Q1 2016 784.82 646.82 173.87 71.64 310.02
Q2 2016 689.06 645.57 418.92 81.80 191.64
Q3 2016 678.28 541.65 360.81 60.72 213.42
Q4 2016 711.12 487.81 281.76 68.43 284.12
Q1 2017 841.43 651.85 446.76 67.25 -
Q2 2017 888.49 648.55 366.37 80.51 -
Q3 2017 895.84 679.78 423.44 77.07 -
Q4 2017 845.40 694.78 439.93 77.78 -
Q1 2018 820.77 714.54 505.55 88.69 -
Q2 2018 837.53 720.71 529.62 85.68 -
Q3 2018 857.56 741.72 587.16 94.44 -
Q4 2018 1,036.97 1,020.89 214.08 111.49 -
Q1 2019 1,048.27 785.09 641.41 105.38 -
Q2 2019 1,128.27 964.07 440.48 136.75 -
Q3 2019 1,086.78 984.87 551.55 139.49 -
Q4 2019 975.68 985.51 536.51 206.96 -
Q1 2020 1,081.78 964.01 696.86 142.84 -
Q2 2020 1,052.17 870.68 615.42 170.68 -
Q3 2020 1,160.71 958.91 509.11 192.27 -
Q4 2020 1,006.93 950.85 570.81 261.01 -
Q1 2021 1,104.71 922.74 588.82 207.56 -
Q2 2021 1,144.65 979.06 635.58 218.80 -
Q3 2021 954.48 959.05 723.01 180.05 -
Q4 2021 1,110.56 886.17 586.12 366.48 -
Q1 2022 1,182.29 1,010.37 636.27 272.61 -
Q2 2022 1,358.27 1,103.49 541.60 227.11 -
Q3 2022 2,083.89 1,083.46 125.21 232.56 -
Q4 2022 1,737.37 957.65 752.66 294.56 -
Q1 2023 2,058.53 1,090.83 694.61 192.26 -
Q2 2023 2,135.05 997.33 603.01 216.94 -

Analysts Estimates (Million)

Item Profit (Expected) Profit (Actual) Change
Average 2,136.40 1,982.32

Estimates vs Actual (Million)

Item Profit (Expected) Profit (Actual) Change‬
Bank of America 2,041.00 1,982.32
FAB Securities 2,081.00 1,982.32
Arqaam Capital 2,089.00 1,982.32
SNB Capital 2,115.00 1,982.32
Goldman Sachs 2,160.00 1,982.32
HSBC 2,172.00 1,982.32
Hermes 2,180.00 1,982.32
OSOOL AND BAKHEET 2,253.20 1,982.32


Financial Ratios
Current
Market Cap (M Riyal) 83,520.00
Shares Outstanding ((M)) 3,000.00
EPS ( Riyal) (TTM) 3.33
EPS Diluted ( Riyal) (TTM) 3.20
Book Value (BV) ( Riyal) 20.32
Par Value ( Riyal) 10.00
Recurring P/E 8.36
P/E (TTM) 8.36
Price/book 1.37
Return on Average Assets (%) (TTM) 2.2
Return on Average Equity (%) (TTM) 17.1
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Share Price

Riyad Bank
27.84
(0.18) (0.64 %)

Riyad Bank (RIBL)

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