Bank Albilad closes at highest price in 14 months
Bank Albilad’s stock rose 1% today, Feb. 5, to SAR 45.90, notching its highest close since December 2022 on the Saudi Exchange (Tadawul).
It hit an intraday high of SAR 48.15.
| Year High (SAR) | Year Low (SAR) |
| 32.10 | 23.50 |
| Highest Since Debut (SAR) | Lowest Since Debut (SAR) |
| 40.27 | 3.29 |
Bank Albilad made several capital changes by distributing bonus shares.
Market Data :
| Open | 24.27 |
| Low | 24.17 |
| High | 24.50 |
| Previous Close | 24.30 |
| Change (3M) | (6.52 %) |
| Change (6M) | (10.24 %) |
| Market Value | 36,570.00 |
| Avg. Volume (3M) | 2,013,809.71 |
| Avg. Turnover (3M) | 52,004,408.22 |
| Avg. Transaction (3M) | 3,365.93 |
| Change(12M) | (9.03 %) |
| YTD | (1.77 %) |
Today, the bank announced the board’s recommendation to increase capital by 25%, through a one-for-four bonus issue.
Bank Albilad’s profit rose to SAR 2.36 billion, or 14%, by the end of 2023, compared to SAR 2.08 billion in 2022.
Adjustments to the capital (M Riyal) :
| Date | Type | Capital (M Riyal) | Change (%) |
| 2025 | Bonus Shares | 15,000.00 | 20.00% |
| 2024 | Bonus Shares | 12,500.00 | 25.00% |
| 2022 | Bonus Shares | 10,000.00 | 33.33% |
| 2019 | Bonus Shares | 7,500.00 | 25.00% |
| 2016 | Bonus Shares | 6,000.00 | 20.00% |
| 2015 | Bonus Shares | 5,000.00 | 25.00% |
| 2013 | Bonus Shares | 4,000.00 | 33.33% |
| 2005 | IPO | 3,000.00 | 100.00% |
Financial Performance :
Overview :
Established in 2004 as a Saudi joint-stock company with SAR 3 billion in capital, the bank’s shares were listed and commenced trading on the Main Market (TASI) the following year.
The bank provides financing and investment banking services via Shariah-compliant instruments across seven key operating segment: retail, which serves as the largest revenue source; corporate and institutional banking; global markets and treasury; investment and brokerage; commercial; remittances; and “o...
Financial Ratios :
| Financial Ratio | Current |
| Market Cap (M Riyal) | 36,570.04 |
| Shares Outstanding ((M)) | 1,500.00 |
| Recurring EPS ( Riyal) (TTM) | 2.06 |
| Book Value (BV) ( Riyal) (Latest announcement) | 12.90 |
| Recurring P/E | 11.86 |
| Price/book | 1.89 |
| Dividend Yield (%) (Last Year) | 4.10 |
| Return on Average Assets (%) (TTM) | 1.82 |
| Return on Average Equity (%) (TTM) | 16.70 |
| EPS Diluted ( Riyal) | 2.01 |
| Par Value ( Riyal) | 10.00 |
Calendar :
-
29 April
Ex-dividend Date
- -
29 April
General Assembly
- -
29 April
Eligibility for bonus shares
- -
16 May
Cash Dividend Distribution
- -
12 September
Ex-dividend Date
- -
03 October
Cash Dividend Distribution
-
Analyst Estimates :
31.36
Fair Average Price
3
Number of Recommendations
| Rating | Research firm | Current Price | Target Price | Change | |
| Neutral | AlJazira Capital | 30.20 | 27.67 | (8.39 %) | |
| Overweight | SNB Capital | 28.33 | 33.07 | 16.71 % | |
| Buy | YAQEEN | 30.27 | 33.33 | 10.13 % |
Call Request
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