SAIB hits highest close since Aug. 2023
The Saudi Investment Bank (SAIB) rose today, Nov. 11, above 1% to SAR 14.08, recording the highest close since August 2023.
The stock logged an intraday high of SAR 14.22.
| Year High (SAR) | Year Low (SAR) |
| 14.22 | 11.62 |
| Highest Since Debut (SAR) | Lowest Since Debut (SAR) |
| 34.94 | 1.05 |
Accordingly, year-to-date gains reached nearly 18%.
Market Data :
| Open | 13.29 |
| Low | 13.14 |
| High | 13.29 |
| Previous Close | 13.29 |
| Change (3M) | (7.44 %) |
| Change (6M) | 0.30 % |
| Market Value | 16,475.00 |
| Avg. Volume (3M) | 643,239.54 |
| Avg. Turnover (3M) | 8,555,527.72 |
| Avg. Transaction (3M) | 1,873.47 |
| Change(12M) | (12.02 %) |
| YTD | 0.38 % |
Since its listing on TASI, the lender amended its capital several times, as shown in the table below:
Adjustments to the capital (M Riyal) :
| Date | Type | Capital (M Riyal) | Change (%) |
| 2024 | Split | 12,500.00 | 25.00% |
| 2022 | Split | 10,000.00 | 33.33% |
| 2017 | Split | 7,500.00 | 7.14% |
| 2016 | Split | 7,000.00 | 7.69% |
| 2015 | Split | 6,500.00 | 8.33% |
| 2014 | Split | 6,000.00 | 9.09% |
| 2011 | Split | 5,500.00 | 22.22% |
| 2008 | Split | 4,500.00 | 15.08% |
| 2007 | Split | 3,910.16 | 62.50% |
| 2006 | Split | 2,406.25 | 40.00% |
Financial Performance :
Overview :
The bank was established in 1976 as a Saudi joint-stock company and commenced its operations the following year.
The bank provides a variety of corporate and retail banking services, along with investment banking. It also finances industrial sectors and facilitates trade finance, including import and export transactions. These services are delivered through six key segments.
The corporate and institutional banking segment, the bank's largest revenue source, focuses on loans, deposits, and ...
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Financial Ratios :
| Financial Ratio | Current |
| Market Cap (M Riyal) | 16,475.02 |
| Shares Outstanding ((M)) | 1,250.00 |
| EPS ( ) (TTM) | 1.96 |
| Book Value (BV) ( Riyal) (Latest announcement) | 14.02 |
| Recurring P/E | 8.61 |
| Price/book | 0.94 |
| Dividends Per Share ( ) | - |
| Dividend Yield (%) (Last Year) | 5.76 |
| Return on Average Assets (%) (TTM) | 1.42 |
| Return on Average Equity (%) (TTM) | 14.63 |
| EPS Diluted ( Riyal) | 1.69 |
| Par Value ( Riyal) | 10.00 |
Calendar :
-
12 February
General Assembly
- -
20 February
Ex-dividend Date
- -
04 March
Cash Dividend Distribution
- -
27 April
General Assembly
- -
04 August
Ex-dividend Date
- -
12 August
Cash Dividend Distribution
-
Analyst Estimates :
14.5
Fair Average Price
2
Number of Recommendations
| Rating | Research firm | Current Price | Target Price | Change | |
| Buy | SFC | 13.20 | 15.00 | 13.64 % | |
| Neutral | EFG-Hermes | 13.14 | 14.00 | 6.54 % |
Call Request
Comments Analysis: