05/02/2024 Argaam Exclusive
AI Summary
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.
| Open | 29.00 |
| Low | 29.00 |
| High | 29.44 |
| Previous Close | 29.00 |
| Change (3M) | 11.37 % |
| Change (6M) | 2.29 % |
| Market Value | 43,770.00 |
| Avg. Volume (3M) | 1,592,837.82 |
| Avg. Turnover (3M) | 44,001,213.42 |
| Avg. Transaction (3M) | 2,991.69 |
| Change(12M) | (5.43 %) |
| YTD | (10.88 %) |
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.
| Date | Type | Capital (M Riyal) | Change (%) |
| 2025 | Split | 15,000.00 | 20.00% |
| 2024 | Split | 12,500.00 | 25.00% |
| 2022 | Split | 10,000.00 | 33.33% |
| 2019 | Split | 7,500.00 | 25.00% |
| 2016 | Split | 6,000.00 | 20.00% |
| 2015 | Split | 5,000.00 | 25.00% |
| 2013 | Split | 4,000.00 | 33.33% |
| 2005 | IPO | 3,000.00 | 100.00% |
| Financial Ratio | Current |
| Market Cap (M Riyal) | 43,770.00 |
| Shares Outstanding ((M)) | 1,500.00 |
| EPS ( ) (TTM) | 2.02 |
| Book Value (BV) ( Riyal) (Latest announcement) | 12.31 |
| Recurring P/E | 14.47 |
| Price/book | 2.37 |
| Dividend Yield (%) (Last Year) | 1.43 |
| Return on Average Assets (%) (TTM) | 1.88 |
| Return on Average Equity (%) (TTM) | 17.47 |
| EPS Diluted ( Riyal) | 2.03 |
| Par Value ( Riyal) | 10.00 |
Fair Average Price
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 % |
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