Al Rajhi Bank hits highest price since May 2022
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 | 102.00 |
| Low | 100.90 |
| High | 102.10 |
| Previous Close | 101.70 |
| Change (3M) | 5.86 % |
| Change (6M) | 10.00 % |
| Market Value | 404,800.00 |
| Avg. Volume (3M) | 3,269,802.82 |
| Avg. Turnover (3M) | 333,181,588.77 |
| Avg. Transaction (3M) | 7,676.77 |
| Change(12M) | (0.59 %) |
| YTD | 3.79 % |
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...
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Financial Ratios :
| Financial Ratio | Current |
| Market Cap (M Riyal) | 404,800.40 |
| Shares Outstanding ((M)) | 4,000.00 |
| EPS ( ) (TTM) | 6.20 |
| Book Value (BV) ( Riyal) (Latest announcement) | 28.71 |
| Recurring P/E | 16.33 |
| Price/book | 3.52 |
| Dividend Yield (%) (Last Year) | 2.47 |
| Return on Average Assets (%) (TTM) | 2.46 |
| Return on Average Equity (%) (TTM) | 23.13 |
| EPS Diluted ( Riyal) | 5.85 |
| Par Value ( Riyal) | 10.00 |
Calendar :
-
13 April
General Assembly
- -
13 April
Ex-dividend Date
- -
24 April
Cash Dividend Distribution
- -
22 September
Ex-dividend Date
- -
02 October
Cash Dividend Distribution
-
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 % |
Call Request
Comments Analysis: