ANB shares notch highest close since January 2023
Shares of TASI-listed Arab National Bank (ANB) soared by 4% today, Aug. 28, reaching SAR 23.50 — the highest close since January 2023.
The stock recorded an intraday high of SAR 23.50.
| Year High (SAR) | Year Low (SAR) |
| 23.70 | 18.32 |
| Highest Since Debut (SAR) | Lowest Since Debut (SAR) |
| 30.91 | 2.00 |
Market Data :
| Open | 21.33 |
| Low | 21.06 |
| High | 21.43 |
| Previous Close | 21.33 |
| Change (3M) | (2.38 %) |
| Change (6M) | 2.06 % |
| Market Value | 42,460.00 |
| Avg. Volume (3M) | 1,444,270.86 |
| Avg. Turnover (3M) | 34,552,486.34 |
| Avg. Transaction (3M) | 2,383.98 |
| Change(12M) | 3.95 % |
| YTD | 1.19 % |
ANB carried out a number of capital adjustments since its TASI debut.
Adjustments to the capital (M Riyal) :
| Date | Type | Capital (M Riyal) | Change (%) |
| 2024 | Split | 20,000.00 | 33.33% |
| 2019 | Split | 15,000.00 | 50.00% |
| 2014 | Split | 10,000.00 | 17.65% |
| 2011 | Split | 8,500.00 | 30.77% |
| 2008 | Split | 6,500.00 | 42.86% |
| 2007 | Split | 4,550.00 | 40.00% |
| 2006 | Split | 3,250.00 | 30.00% |
| 2005 | Split | 2,500.00 | 25.00% |
| 2004 | Split | 2,000.00 | 11.11% |
| 2002 | Split | 1,800.00 | 20.00% |
Financial Performance :
Overview :
Arab National Bank (ANB) was established as a Saudi joint stock company in 1979 with capital of SAR 150 million. One year later, it commenced operations after taking over the operations of Arab Bank Limited in the Kingdom of Saudi Arabia. In 1986, an employee training center was established, and five years later, the London branch was established. The following year, the TeleMoney service was launched to transfer money to several countries. In 2000, the bank launched the first online banking ser...
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Financial Ratios :
| Financial Ratio | Current |
| Market Cap (M Riyal) | 42,460.00 |
| Shares Outstanding ((M)) | 2,000.00 |
| EPS ( ) (TTM) | 2.61 |
| Book Value (BV) ( Riyal) (Latest announcement) | 20.29 |
| Recurring P/E | 8.09 |
| Price/book | 1.05 |
| Dividends Per Share ( ) | - |
| Dividend Yield (%) (Last Year) | 6.12 |
| Return on Average Assets (%) (TTM) | 2.00 |
| Return on Average Equity (%) (TTM) | 13.35 |
| EPS Diluted ( Riyal) | 2.62 |
| Par Value ( Riyal) | 10.00 |
No upcoming events available
Analyst Estimates :
26.69
Fair Average Price
11
Number of Recommendations
| Rating | Research firm | Current Price | Target Price | Change | |
| Overweight | CI Capital | 22.12 | 29.00 | 31.10 % | |
| Buy | United Securities Company | 22.30 | 25.00 | 12.11 % | |
| Buy | Arqaam Capital | 21.40 | 28.50 | 33.18 % | |
| Buy | FAB Securities | 21.29 | 25.00 | 17.43 % | |
| Buy | SADIF | 21.86 | 21.40 | (2.10 %) | |
| Overweight | CI Capital | 21.84 | 27.50 | 25.92 % | |
| Buy | HSBC | 21.87 | 27.70 | 26.66 % | |
| Buy | Arqaam Capital | 22.12 | 29.53 | 33.50 % | |
| Buy | Riyad Capital | 21.56 | 28.00 | 29.87 % | |
| Buy | FAB Securities | 20.56 | 25.00 | 21.60 % | |
| Buy | Sico | 21.46 | 27.00 | 25.82 % |
Call Request
Comments Analysis: