Al Rajhi Bank hits highest price since May 2022

18/03/2025 Argaam Exclusive

Al Rajhi Bank’s shares hit today, March 18, their highest level since May 2022 at SAR 103.40 per share.

 

The stock closed 1% lower at SAR 101.80.

Year High (SAR) Year Low (SAR)
103.40 75.50
Highest Since Debut (SAR) Lowest Since Debut (SAR)
117.40 2.16

The bank amended its capital several times since listing on the Main Market (TASI):

Market Data :

Open 107.20
Low 106.80
High 108.30
Previous Close 107.20
Change (3M) 4.59 %
Change (6M) 12.66 %
Market Value 428,800.00
Avg. Volume (3M) 2,710,490.68
Avg. Turnover (3M) 272,203,993.61
Avg. Transaction (3M) 7,304.89
Change(12M) 5.30 %
YTD 9.95 %

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2026 Split   60,000.00 50.00%
2022 Split   40,000.00 60.00%
2019 Split   25,000.00 53.85%
2014 Split   16,250.00 8.33%
2008 Split   15,000.00 11.11%
2007 Split   13,500.00 100.00%
2006 Split   6,750.00 50.00%
2005 Split   4,500.00 100.00%
1998 Split   2,250.00 50.00%
1991 Split   1,500.00 100.00%

Financial Performance :

Overview :

The bank was established as an exchange house in 1957. In 1978, the various sole proprietorships bearing Alrajhi name were consolidated under Al Rajhi Trading and Exchange Corporation. A decade later, the entity was formally established as a Saudi joint-stock company under the name Al Rajhi Banking and Investment Corporation. The bank subsequently began operating under its current name, Al Rajhi Bank, starting in 2006. The bank provides a range of banking and investment services across five c...


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 428,800.40
Shares Outstanding ((M)) 4,000.00
EPS ( Riyal) (TTM) 6.20
Book Value (BV) ( Riyal) (Latest announcement) 28.54
Recurring P/E 17.30
Price/book 3.76
Dividend Yield (%) (Last Year) 2.33
Return on Average Assets (%) (TTM) 2.46
Return on Average Equity (%) (TTM) 23.21
EPS Diluted ( Riyal) 5.85
Par Value ( Riyal) 10.00


Analyst Estimates :

101.54

Fair Average Price

7

Number of Recommendations

Rating Research firm Current Price Target Price Change
Hold HSBC 100.20 92.70 (7.49 %)
Hold HSBC 101.00 90.10 (10.79 %)
Hold FAB Securities 99.60 103.00 3.41 %
Overweight ANB Capital 98.80 106.00 7.29 %
Buy Riyad Capital 100.40 115.00 14.54 %
Overweight AlJazira Capital 95.90 102.00 6.36 %
Overweight AlJazira Capital 91.90 102.00 10.99 %

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